China's preventing phrases on Trump's tariffs – world financial order has been severely broken

China stats bureau deputy head:

• Protectionism is quickly rising globally, world financial order has been severely broken
• Resolutely opposes US tariffs that are in opposition to financial guidelines, WTO guidelines
• Excessive US tariffs will result in some pressures on China’s commerce and economic system
• US tariffs won’t change the long-term bettering development in China’s economic system
• China has ‘wealthy’ coverage toolkit to help the economic system
• China is in a position, has confidence in coping with exterior challenges and reaching financial development goal
• China stats bureau deputy head: macro financial insurance policies will develop into extra proactive this yr

Earlier:

• China Industrial Output March 2025 surges to +7.7% y/y (anticipated 5.eight%, prior +5.9%)
• China Q1 GDP +1.2% q/q (anticipated +1.four%)
• Tesla’s plans to ship Cybercab & Semi electrical truck components from China to US suspended
• Hong Kong suspends postal service for good certain for US – refuses to gather tariffs
• U.S. plans to make use of tariff negotiations to isolate China (Wall Road Journal piece)

This text was written by Aaron Cutchburt at www.ubaidahsan.com.



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