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An employee employs an employee in Qingzhou’s economic development zone in Qingzhou, Shandong Province, China, China, 10 May 2025.
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Forget the factory lines for socks, sports and shirts. US President wants to increase Donald Trump interior Production of high-tech productsand said that there is no clothes or shoes, and journalists told Sunday.
At the same time, China is doubled for the efforts to produce both countries in a collision course.
Last week, China President Jinpinping has once again confirmed the growth plans for the northern region of Henan, progressed by US and major trade partners to deepen US and global trade imbuilders.
XI, a state-bearing factory is a “right road” and the “right way” economy in developed production and its economy. official statement.
The production sector has contributed More than 25% of China’s GDP in 2023According to the World Bank. It is part of China’s goal of expanding China’s production opportunities, especially in high-tech sectors, which can oppose the main requirements of the Trump Administration in the ongoing trade talks.
Trump wants to solve China’s trade oils and Peckin flapped to Chinese companies to ensure state subsidies, and thereby distorts the competition.
At the same time, China can return and scale the production and management strategy, which is closely saying the Chinese economist for China for China and China Economist.
“I’m not very optimistic about the United States and China,” he said.
This “2025 in China” Two years later than the Foreign Ministry, a decade of ten years after the reach of the government, aimed at the power of electric vehicles and commercial aircraft to a leading high-level manufacturer.
The center of nearly strategic and international research 2022 sheet The cost of financing in China’s industries in the industries is higher than in 2019, from GDP to 1.73%, from 0.39% to 0.39% in 2019.
In them, according to the economic consultant firm Rium group, it includes direct grant and tax breaks to the valuable sectors.
Although support, China Left several main target Since information from the European Commerce Chamber of Commerce in China, aerospace and high-level robots, including aerospace and high-level robots and global trade tensions.
Reconstruction of trade
US Treasury Secretary Scott Bessent, in an interview in early this month, “We need more production, so we need more consumption, so there is a chance to share each other, we will see if it is possible.”
However, as Bessent’s 90-day trading reconciliation, it is an unusual to whether this priority will be a priority during the ongoing trade talks with Beijing.
For the US trade deficit in China, China economist in Nomura is in the Chinese economist Jing Wang and the team. Beijing to reduce confidence in US imports and produce on land for American manufacturers and to pass the appropriate alternatives.
“Because the United States is the most buying market in the world, the sudden flood of cheaper china to the rest of the world will be inevitably global backward.
Dissipate anxiety
China’s persistent industrial push and ramped-up exports are concerned in non-US markets and invites fresh trade barriers.
As a performance of US tariffs earlier in Yiwu, in Yiwu, China’s Toy Manufacturers, Production Center, the production center, in the hope of more appealing to secondary consumers, was in a hurry to redesign with Santa Claus figurines and blue eyes.
However, the search for new markets to compensate the lost opportunities in the United States confuses the concern in Europe, Nick Marro, Economist Intelligence Situation.
“By the end of this year, we only need to watch, not only US-Chinese tensions, but also AU-Chinese tension, and no longer will be related to electric vehicles between different products,” he added.
The US government led by the United States, the financial officials led by the United States, gathered to discuss steps to resolve extreme mercenaries and unfair trade experiences last week.
These actions can still be interpreted in Beijing as a “deliberate provocation” and can use other ways to create a headache for foreign companies waiting for the Chinese market.
“Licensing, removal of local incentive circuits or tougher control, can be followed by tension in other regions of bilateral relations,” the Wang of Eurasia.
China’s low-level production grabbing, Leah Fahy, in the Chinese economist, China economist can also produce production in developing nations.
For example, in global exports in the furniture, toys and games in India, stagnant exports in recent years have decreased. China has expanded the leadership of these goods in the same period.
India, Vietnam and Indonesia For internal producers, especially in the sectors that faced an extreme import, have taken various protectionist protectionist measures to give some relief to domestic producers.
He said some of the Chinese capacity can now offer a silver lining for inflationary economies, facilitating the price pressure of the Chinese capacity.
“China intends to export deflation to the rest of the world,” said Marro, like Australia, to ease the living crisis on markets of markets with limited production bases such as Azerbaijan and reduce inflation pressure.
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There are no easy adjustments
Economists in the house and abroad, a large strategy for a model carrying consumption in Beijing and reduce production, and called on a strategy to relince a strategy to deepen the deflation pressure in the economy.
In April, the Chinese customs information offered a fresh reminder of imbalance between China’s productivity and domestic demand. Its trading surplus 992.2 billion dollars scored a height recordThe United States is controlled by sustainable imbalance with large partners, including the European Union and Southeast Asia.
Chinese leadership has increased the support of the target Distract the borders of the United States to sell to local consumers. However, convincing consumers, income and business prospects, proved to be a difficult task to spend.
Chinese retail In April, the growth was 5.1%, alliance’s expectations, reducing car sales, increasing a total of 0.7% compared to 5.5% jump in March, reduced the expectations of the accusers.
Beijing to the more consumer-LED model will see “very slow reform”, leading economic economy of Oxford economy, only half of the middle of the middle of the middle of 70% in the United States
However, it is not completely unfounded to the production of Xi, as Washington is a solid holding that limits access to more advanced technology, is likely to hold strong.
“As soon as the nearest enemy, the next yard, the yard is larger and the yard,” Nomuran Wang said. “Small fence in small yard, high fence”, narrow and large restrictions (high fence) narrow and extensive restrictions (high fence) were a strategy, aimed at protecting the normal economic exchange in other areas, and a strategy accepted by the Biden Administration.
“Strategic approval is inevitable in national security issues,” Wang said.
– CNBC’s Evelyn Cheng contributed to this story.
