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China to global partners: Resist tariff escalation
Financial Express Mumbai
|December 10, 2025
CHINA'S PREMIER Li Qiang on Tuesday urged trading partners to reject rising protectionism, a day after the world’s second-largest economy posted a record $1 trillion trade surplus driven by a rush of exports to non-US markets.
Beijing is now facing broadening tensions with major trading partners beyond the US, which are calling on China to do more to reform its $19 trillion economy and reduce its dependence on exports to support growth.
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