Reported 4 days ago
As US-China trade tensions escalate due to new tariffs announced by President Trump, Chinese officials are considering economic stimulus measures in response. Experts suggest that while tariffs may not fundamentally change China's economic structure, they could prompt Beijing to shift its focus towards increasing exports to other global markets. Analysts express skepticism about the feasibility of a consumption-driven economic model for China, arguing that the country may continue to prioritize production and exportation despite rising tariffs.
Source: YAHOO