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China vows to ready its emergency plans
Hindustan Times Ranchi
|April 26, 2025
Signals Calm Amid Trade War
BEIJING: China said it will "fully prepare" emergency plans to ward against increasing external shocks, taking a patient approach in defending growth as a deepening trade war with Donald Trump piles pressure on the world's No. 2 economy.
The decision-making Politburo led by President Xi Jinping also pledged on Friday to set up new monetary tools and policy financing instruments to boost technology, consumption and trade, according to a readout published on the government's website. Such steps could allow for faster deployment of low-cost credit for investment in targeted areas.
Esta historia es de la edición April 26, 2025 de Hindustan Times Ranchi.
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