
US Slaps 100% Tariffs: China Counters with Confidence
The US imposed a 100% tariff on Chinese imports and tightened software export controls, rattling markets. China, armed with solid growth data, remains confident at the negotiating table.
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The US imposed a 100% tariff on Chinese imports and tightened software export controls, rattling markets. China, armed with solid growth data, remains confident at the negotiating table.
The IMF raises China’s 2024 economic growth forecast to 5%, highlighting strong consumption and exports. Asia’s emerging markets remain the main engine for global growth.
Asia’s economy is predicted to grow by 4.5% in 2024, leading global growth, according to the Boao Forum for Asia’s latest report. Strong consumption and proactive policies fuel this optimism.
Economist Li Daokui predicts China’s GDP will soar up to 5.8% in 2024, thanks to strong savings, massive R&D, and a huge consumer market. Exciting times ahead! 🚀