China is open to trade talks with the US, confident it can withstand potential tariffs. The government has introduced measures to support businesses, while the central bank aims to keep the yuan stable amid trade tensions.
China is open to engaging in active dialogue with the United States to advance bilateral trade, based on mutual respect, Vice Commerce Minister Wang Shouwen said on Friday. He expressed confidence that China could withstand external economic shocks, including potential tariffs from US President-elect Donald Trump.
Wang emphasized China's commitment to maintaining stable and sustainable economic relations with the US and expanding areas of cooperation while managing differences. He also noted that China is prepared to address trade disruptions, as US tariffs threaten to impact Chinese manufacturers and drive factory relocations to Southeast Asia.
In response to the potential trade challenges, Chinese authorities have introduced measures to boost foreign trade, including enhancing financing support for firms and increasing agricultural exports. Regarding the yuan, Liu Ye from China's central bank stated that it would remain stable at a reasonable level, despite the effects of trade turmoil, tariffs, and the pandemic. The central bank will maintain flexibility in the yuan’s exchange rate while guarding against excessive fluctuations.
China has started building the world’s largest hydropower project in Tibet’s Yarlung Zangbo River gorge, aiming to boost clean energy output and m...
A deadly heatwave has claimed 1,180 lives in Spain since May, with elderly people most at risk, prompting calls for urgent social support....
Iran says its cooperation with the IAEA will continue — but under new terms and stricter oversight, following what it calls politically motivated re...
A night out in Los Angeles turned tragic when a speeding vehicle plowed into a crowd outside a club on Santa Monica Boulevard, injuring at least 30 pe...
At the 3rd Shusha Global Media Forum, President Ilham Aliyev addressed participants with remarks covering Azerbaijan’s climate vision, regional conn...
China has started building the world’s largest hydropower project in Tibet’s Yarlung Zangbo River gorge, aiming to boost clean energy output and meet its climate goals.
China has accused foreign intelligence agencies of smuggling rare earth metals out of the country by manipulating shipping logistics and recruiting insiders, according to a statement from the Ministry of State Security.
Despite tensions over U.S. tariffs and key absences, G20 finance chiefs voiced cautious optimism for a unified stance on trade and global challenges at their meeting in South Africa.
China aims to restore commercial ties with the U.S. to a stable and mutually beneficial footing according to Beijing's commerce chief.
The world’s biggest dance music festival faces an unexpected setback as a fire destroys its main stage, prompting a last-minute response from organisers determined to keep the party alive in Boom, Belgium.
Germany's export slump since 2021 is largely driven by deep-rooted competitiveness issues, the Bundesbank warned in its latest report, calling for urgent structural reforms.
Israeli researchers have unveiled an artificial intelligence tool that can determine a person’s true biological age from tiny DNA samples with remarkable precision.
Two Harry Potter actresses, Emma Watson and Zoe Wanamaker, have each received a six-month driving ban after separate speeding offences, both sentenced on the same day at a Buckinghamshire court.
Hollywood star Sydney Sweeney is reportedly the top contender to become the next Bond girl, as director Denis Villeneuve and Amazon look to modernise the James Bond franchise.
China has started building the world’s largest hydropower project in Tibet’s Yarlung Zangbo River gorge, aiming to boost clean energy output and meet its climate goals.
A deadly heatwave has claimed 1,180 lives in Spain since May, with elderly people most at risk, prompting calls for urgent social support.
A night out in Los Angeles turned tragic when a speeding vehicle plowed into a crowd outside a club on Santa Monica Boulevard, injuring at least 30 people — seven of them critically.
Several nights a week, Daria Slavytska packs a stroller with blankets, food, and a yoga mat. Then she heads into the Kyiv subway with her two-year-old son Emil, to sleep.
The Democratic Republic of Congo and M23 rebels have agreed on a declaration of principles in Qatar on Saturday. The ceasefire aims to halt fighting and pave the way for broader peace talks, though major challenges remain.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment