China is trying to fix its economy - Trump could derail those plans

Quick Summary:

Trump won the election on a platform of steep import taxes, including tariffs as high as 60% on China.

Speaking in 2017, President Xi said his country planned to transition from "rapid growth to a stage of high-quality development.

That would not only encourage more sustainable growth but also lower "trade tensions and [China's] vulnerability to external shocks," he says.

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Article Details

Category: Business

Markets: United KingdomChinaJapan

Topics: Trump Tariffs Economy Says Country Growth China Measures Chinese Been

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-08 @ 11:11:44 (5 days ago)

News Timezone: GMT +0:00

News Source URL: bbc.com

Language: English

Article Length: 1059 words

Reading Time: 6 minutes read

Sentences: 44 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BBC Business

News ID: 23564071

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About BBC Business

Main Topics: Business

Official Website: bbc.co.uk

Update Frequency: 5 posts per day

Year Established: 1922

Headquarters: United Kingdom

News Last Updated: 12 hours ago

Coverage Areas: United Kingdom

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