Xinhua is reporting China PM Xi talking and says:
- Ought to adhere to openness and win-win cooperation
- Keep the worldwide financial and financial commerce order
He provides that:
- Sure international locations severely affect world financial system with a commerce warfare.
U.S.–China commerce tensions stay excessive, with current information displaying China’s exports slowing to their weakest tempo in six months and shipments to the U.S. plunging by over 30%, underscoring the load of tariffs on each side.
Recall that the Trump administration prolonged its tariff truce with Beijing by November 10, preserving common duties round 30% however avoiding recent hikes for now.