Xi Jinping addressed the US-China commerce conflict for the primary time, stating that China is “not afraid” of exterior pressures.
He criticised commerce wars as having “no winners” and rejected reliance on international support, highlighting China’s historical past of self-reliance.
The dispute has escalated, with US tariffs on Chinese language items reaching 145% and China retaliating with 84% tariffs, bans on Hollywood movies, and market restrictions.
Xi is strengthening ties with Europe and Asia, participating with Spain and planning visits to Vietnam, Malaysia, and Cambodia to construct different commerce alliances.
He urged the EU and Spain to withstand “unilateral bullying,” emphasising deeper collaboration in power, high-tech manufacturing, and good cities.
With no decision, China focuses on inner resilience and international outreach whereas sidelining direct US negotiations.
Questioning About A Inventory? The Analyst Has Solutions.
Unlock worthwhile alternatives day-after-day! Unicorn Alerts offers actionable intraday buying and selling alerts for shares and futures. Don’t miss out – obtain Unicorn Alerts and begin successful now!
