Beijing will ‘strengthen bottom-line thinking’ as reports say it could drop tariffs on some US products
Business live – latest updates
Xi Jinping has announced a plan to counter China’s continuing economic problems and the impact of the US trade war, as reports swirl that it could drop tariffs on some US products, including semiconductors.
Friday’s meeting of the politburo was convened to discuss China’s economy, which since the pandemic has faced difficulties fuelled by a housing sector crisis, youth unemployment and Donald Trump’s tariffs on all Chinese imports to the US.
About Author
More Stories
Jane Birkin’s original Hermès handbag to be sold at auction in Paris
‘They went too far’: Musk says he regrets some of his posts about Trump
Trump trade deal shows how vital China’s rare-earth metals are to US defense firms