China reassures citizens, emphasizing the country's ability to handle the impact of U.S. tariffs, including measures for job security and economic support.
By Aniket Chakraborty
Apr 29, 2025
China's government promises support to companies and individuals hit by steep tariffs, including financial policies to ease lending conditions.
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China's Politburo meets to strategize ways to counter slowing exports and keep growth targets on track despite the ongoing trade tensions.
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Despite global concerns, China targets 5% growth this year, focusing on managing domestic challenges and reinforcing economic momentum.
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Vice Minister Yu Jiadong discusses the country's job creation policies, focusing on keeping workers employed and encouraging entrepreneurship.
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China downplays the impact of reduced U.S. energy and agricultural imports, citing sufficient domestic supplies and international market access.
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China’s central bank prepares to ease monetary policy, including interest rate cuts, to stimulate lending and stabilize the economy.
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China seeks to boost domestic demand by incentivizing the replacement of old vehicles and machinery, projecting substantial growth in this sector.
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Promoting urbanization, China anticipates trillions of investment in infrastructure, stimulating the economy through increased urban migration.
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Despite international trade pressures, China is confident in its ability to drive economic recovery and meet growth targets with comprehensive policy support.