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Xi’s careful reply to Trump tariffs shows China has more to lose

Business Mirror LogoBusiness Mirror15h ago

Xi’s careful reply to Trump tariffs shows China has more to lose - Business Mirror

Quick Summary:

The first volleys in the latest US-China trade war made clear that Xi Jinping is taking a more cautious approach than during Donald Trump’s first term.

The shape of any future deal will hinge on what concessions China might agree to make, said Helen Qiao, chief economist for greater China for Bank of America Global Research.

Trump has previously said that Microsoft Corp.is in talks to acquire the US arm of ByteDance Ltd.’s TikTok, while Chinese officials favor a sale to the president’s billionaire adviser Elon Musk, Bloomberg News has previously reported.


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Article Details

Author / Journalist: Bloomberg

Category: BusinessStartups

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-05 @ 12:46:43 (15 hours ago)

News Timezone: GMT +8:00

News Source URL: businessmirror.com.ph

Language: English

Article Length: 1001 words

Reading Time: 6 minutes read

Sentences: 34 lines

Sentence Length: 30 words per sentence (average)

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

Copyright Owner: © Business Mirror

News ID: 25909107

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About Business Mirror

Business Mirror Logo

Main Topics: BusinessStartups

Official Website: businessmirror.com.ph

Update Frequency: 82 posts per day

Year Established: 2005

Headquarters: Philippines

News Last Updated: 11 hours ago

Coverage Areas: Philippines

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #37

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