Financial Times on Nostr: China’s premier defends free trade on eve of US presidential election ========== Li ...
China’s premier defends free trade on eve of US presidential election
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Li Qiang, China's premier, spoke at an import expo in Shanghai on Tuesday, defending free trade and expressing concerns over the global rise of protectionism; Beijing lodged a complaint with the WTO on Monday against the EU's recent tariff increase on Chinese EVs, which the EU claims undermines local carmakers; the US and Canada are threatening tariffs up to 100% on Chinese EVs, straining trade relations; foreign investment in China has declined due to economic concerns and a property slowdown, prompting expectations of a fiscal stimulus package this week.
#China #Trade #LiQiang #UsElection #Wto #Tariffs #Evs #ForeignInvestment #EconomicPolicy #Protectionism
https://www.ft.com/content/a15ff02d-26a3-4544-826a-bc01492925f5
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Li Qiang, China's premier, spoke at an import expo in Shanghai on Tuesday, defending free trade and expressing concerns over the global rise of protectionism; Beijing lodged a complaint with the WTO on Monday against the EU's recent tariff increase on Chinese EVs, which the EU claims undermines local carmakers; the US and Canada are threatening tariffs up to 100% on Chinese EVs, straining trade relations; foreign investment in China has declined due to economic concerns and a property slowdown, prompting expectations of a fiscal stimulus package this week.
#China #Trade #LiQiang #UsElection #Wto #Tariffs #Evs #ForeignInvestment #EconomicPolicy #Protectionism
https://www.ft.com/content/a15ff02d-26a3-4544-826a-bc01492925f5