BEIJING, Dec 10 — Chinese President Xi Jinping warned Tuesday that there would be “no winners” in a trade war with the United States and vowed the country would hit its...
A container ship sails from the port at Lianyungang, in China’s eastern Jiangsu province on December 10, 2024. Chinese President Xi Jinping warned on December 10 that there would be “no winners” in a trade war with the United States and vowed the country would hit its growth goals for the year. — AFP picas a first-time user .
“Tariff wars, trade wars, and technology wars go against historical trends and economic rules, and there will be no winners,” Xi said of China-US relations while meeting several heads of multilateral financial institutions in Beijing, according to state broadcaster CCTV. Xi also said during Tuesday’s meeting that China had “full confidence” in achieving its 2024 growth goal, state media reported.
Exports jumped 6.7 percent on-year to US$312.3 billion last month, China’s General Administration of Customs said. Analysts have suggested the recent surge in shipments is because foreign buyers fearing another trade standoff were racing to beat any possible tariffs on Chinese goods by Trump. The readings come as investors closely watch signals from Chinese leaders, who are convening this week in Beijing for a series of key meetings on economic planning for the coming year.
Xi Jinping Donald Trump World Economy
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Xi Jinping arrives in Peru for Apec, poised to sign 30 bilateral agreements for ChinaPETALING JAYA: Flash floods have been reported in parts of Kuala Lumpur following heavy rain on Friday (Nov 15) afternoon.
Read more »
Indonesia yet to agree joint development areas with Beijing in South China SeaIndonesia has yet to decide on any joint development areas with China in the South China Sea, its foreign minister said on Monday
Read more »
Apple chief returns to China as Beijing prepares to fete CEOsKAJANG: Four people were rescued following a fire at a two-storey shophouse and three adjacent shops at Kampung Sungai Chua.
Read more »
South China Sea clashes between Philippines and China spark money-making disinformationMANILA, Nov 27 — Violent confrontations between Chinese and Philippine vessels in the South China Sea are being manipulated online by disinformation networks for profit, posing...
Read more »
Philippines says it’s under pressure from China to cede claims in South China SeaCANBERRA: China is putting ever-greater pressure on the Philippines to cede its sovereign rights in the South China Sea, Secretary of National Defense...
Read more »
China opposes new Philippine maritime law, vows to protect South China Sea 'sovereignty'PETALING JAYA: CapBay has added another feather to its cap with the latest recognition as one of Fortune’s Fintech Innovators Asia 2024.
Read more »