Tag Archives: Xi Jinping

China Strikes Back After Trump Imposes 10% Tariff on Goods

China Strikes Back After Trump Imposes 10% Tariff on Goods

Beijing responded swiftly on Tuesday to the tariffs President Trump had promised, announcing a fusillade of countermeasures targeting American companies and imports of critical products. Mr. Trump’s 10 percent tariff on all Chinese products went into effect at 12:01 a.m. Tuesday, the result of an executive order issued over the weekend aimed at pressuring Beijing to crack down on fentanyl …

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Xi Jinping: China’s 2024 GDP growth set to hit target of around 5% – Times of India

Xi Jinping: China’s 2024 GDP growth set to hit target of around 5% – Times of India

Xi signaled that support for the economy will continue into 2025. China’s gross domestic product is expected to expand around 5% for the full year of 2024, President Xi Jinping said, signaling the world’s second-largest economy is on track to meet its official target.China’s economy was “overall stable and progressing amid stability,” Xi said at a new year event on …

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