Protect global trade, China’s Xi urges multinational CEOs

3 weeks ago


BEIJING — China’s President Xi Jinping urged a gathering of multinational CEOs on Friday to protect global industry and supply chains, as Beijing seeks to assuage foreign firms’ concerns over the Chinese economy’s health amid threats of more US tariffs.

Beijing is battling to dispel fears that a renewed trade war with US President Donald Trump will further pinch growth in the world’s second-largest economy, which has been struggling to recover from the pandemic.



Source link

Keep exploring EU Venture Capital:  Bond yields across the world tumble as tariff war fears drive investor to seek safe havens

EU Venture Capital

EU Venture Capital is a premier platform providing in-depth insights, funding opportunities, and market analysis for the European startup ecosystem. Wholly owned by EU Startup News, it connects entrepreneurs, investors, and industry professionals with the latest trends, expert resources, and exclusive reports in venture capital.

Leave a Reply

Your email address will not be published.

Don't Miss

Trump touts progress in tariff talks with US trade partners

Last earnings season, corporations talked about tariffs constantly. Now, as the first

No global recession despite Donald Trump’s tariffs

Trade tariff uncertainty is “literally off the charts” but there will not