The shift comes as Beijing refuses to back down in an escalating trade war with Washington triggered by US President Donald Trump's hefty tariffs on Chinese goods. China's already sluggish economy is bracing for the impact on a key source of revenue - exports. Beijing announced on Wednesday its GDP grew by 5.4% between January and March, compared with the same period a year earlier.
torsdag 17. april 2025
China appoints new trade envoy in face of tariff turmoil
China has unexpectedly appointed a new trade envoy, as officials said the US's practice of "tariff barriers and trade bullying" is having a serious impact on the global economic order. Li Chenggang, a former assistant commerce minister and WTO ambassador, is taking over from veteran trade negotiator Vice Commerce Minister Wang Shouwen.
The shift comes as Beijing refuses to back down in an escalating trade war with Washington triggered by US President Donald Trump's hefty tariffs on Chinese goods. China's already sluggish economy is bracing for the impact on a key source of revenue - exports. Beijing announced on Wednesday its GDP grew by 5.4% between January and March, compared with the same period a year earlier.
The shift comes as Beijing refuses to back down in an escalating trade war with Washington triggered by US President Donald Trump's hefty tariffs on Chinese goods. China's already sluggish economy is bracing for the impact on a key source of revenue - exports. Beijing announced on Wednesday its GDP grew by 5.4% between January and March, compared with the same period a year earlier.
