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China says prepared for US tariffs shocks

Mint Chennai

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March 24, 2025

Plans are being made for corporate titans to meet Chinese President Xi Jinping on 28 March

- Bloomberg

Chinese Premier Li Qiang said the country is prepared for "shocks that exceed expectations" as the world braces for US President Donald Trump to announce more tariffs on its trading partners next month.

Countries should open up markets in the face of growing economic fragmentation, Li told a gathering of global business leaders and visiting Republican Senator Steve Daines at the start of the China Development Forum in Beijing on Sunday.

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