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Why China will not call us now


Trade tension between the two largest economies in the world has increased in the last two weeks.

Dilara IraM Sancar | Anatolia | Getty pictures

This report is from the publication of CNBC’s Chinese connection bulletin, which manages the second largest economy around the world. Every week, we will explore the biggest work stories in China, we will help you build a Lownown for market movements and for next week. As you can see? You can subscribe here.

The great story

Last time Donald Trump and the president of the Chinese Leaving the xi spent Promotion Ceremony of the US President before January 20.

Two weeks after being president, Trump added 10% tariff to Chinese goods and said Talk to XI in the next 24 hours.

“We called the White House. The White House said,” He did not call in Chinese, ‘he said

“Just as clearly, it clearly evaluates how much use of the administration in China,” he said, “he said

Last week, the United States raised new tariffs for Chinese goods, and lead them to 145% effectively.

After taking revenge with the increase in tariffs for US goods with a 125% increase, Beijing, called the weekend tariffs “Numbers Game“These are It is planned to ignore. According to the CNBC translation of the Chinese text.

So far, both sides have reported a little intention to take the first step in any material to solve the impairment and restriction Global economic fall of tat-tat measures.

Now, as the president of the Chinese president, both the XI, as well as short-term pain for the economy, showed that it has been able to oppose any grief. The Chinese communist party announced the 70th anniversary of the verdict of the Communist Party “No force can stop Chinese people and the nation of China. “

Trump, on the other hand, while expressing his last goal, pulled back some of the last target plans

The combination of economic and cultural differences has caused conflict with China’s global position in the past few years.

“I think people in the United States, both investors and politicians, their mindset,” Bruce Liu, the CEO of Bruce Liu, Monday, Monday. Divides the time between New York and China.

China’s economic situation in 2018 should not agree with Trump after the country’s bilateral tension increased in the first periodLiu said that Beijing has less reason this time. “They are not in a hurry to chat or start a conversation with the US side.”

Thinking of Beijing, words, words, words, “mutual respect” strengthened the thought that stressed the conduct of any negotiations. Deepseek’s EU improvements In late January, he also burned a belief that the country could withstand us.

In China, a lump sum income has reached 38% since 2018. About seven years later, artist coffee shops have electric cars on the norm and even smartphone company Xiaomi streets.

This is not to say that everything is naughty.

Missing apartment buildings are scattered on the edge of large cities. Covid-19 became difficult for businesses trying to walk in the limit and subsequent economic slowdown. Frenetic growth that I witnessed before the pandemic went very big.

Major Wall Street Investment firms reduce the forecasts for economic expansion of China this year, cutting the largest 3.4% growth expectations this year and reacted to the growth of the United States in China in China. So far, Beijing has maintained an increase of about 5% for the year and said this could stimulate the economy.

However, in the pockets of the economy, in spite of a perseverance, remains to try.

Xi’s first foreign trip of the year

China’s global connections have also changed.

Exports to the United States reached 10% to the United States between 2018 and 2024, but in the European Union’s EU increased by 84%, increased by 84% to the analysis of CNBC’s official data. Southeast Asia now followed by China’s largest trading partner, EU and then USA

Some of this is a re-redirection of trade in the United States, but some of it also reflects An increase in foreign markets for Chinese goodsAlso at risk of harm to local enterprises and work.

Instead of talking to Trump, the XI visits the first foreign state in Southeast Asia since 2025 this week: Vietnamese, Malaysia and then Cambodia. Chinese state media described as travelers “In the invitation“The local government, echo of static language The last time the XI was used in late US President Joe Biden in November 2023.

Xi as well He met with the United States, Europe and Middle Eastern Business Executives in Beijing in the march. He called on the global order “to protect” because he was the Secretary General of the Communist Party of the Communist Party of the Communist Party Monday, LAM Global supply chain stability and counteract “unilateral violence. “This is due to the CNBC translation of the Chinese readability that does not call the United States

This week was named China’s meeting with China with Vietnam US “farewell” He refused to share an update in any negotiations planned with the XI.

This month was shot with vietnam One of the highest “mutual” tariffs in the United States – Orientally more than China – the Prime Minister of the Southeast Asia Pham Minh Chinh, in response, More US protection products are offered to buy As two countries, as two countries, while trying a 45-day delay in tariffs.

Trump later temporarily Lowered tariffs in Vietnam and other countries with a period period of 90 days. China was not included.

“If you are kind to me, I will be twice as much. It’s (there) Chinese.”

“But if you want to multiply me, we will not take it. It may have difficulty in our economy and everyday life, but we are ready for it,” said we talk about the typical Chinese mindset.

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You should know

GDP in China’s first quarter reported 5.4%. This figure defeated the expectations of a 5.1% increase in analysts. Retail sales and industrial production figures for March Came well on top of predictions. According to Goldman Sachs, the country’s latest loan information came better than expected, mainly about short-term corporate credit growth.

AI-powered video generator Kling, from Kuuaishou, rose. Chinese short video company Announced the news On Tuesday, he claims that in Beijing and the new version that imitates the real world scenarios, the images of emotions and scenes.

The United States releases Chinese-made electronics from the highest tariffs. But it is not known How long will the experience last. China and Vietnam, Southeast Asian country reported contracts to accelerate bilateral trade on Railway cooperation and protocols. China is also The Ministry of Commerce has changed the trade conversator in the past few years with a new face.

In the markets

China and Hong Kong shares were better broadcast on the Red Wednesday, China’s expected GDP data. This growing number of investment banks cut the country’s annual growth worldview.

Mainland China CSI 300 Hong Kong decreased by 0.74% Hang Seng Index – Covers several major Chinese companies covering several large Chinese companies – fell from 10:42 to 42 local time.

The assessment is 1.639% of the 10-year Chinese government bond.

China Yuan, who sold at sea, is trading against GreenBakia on 7,3276.

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Performance of the Shanghai composition during the last year.

Go out

April 18-26 – 26: Beijing International Film Festival begins

April 19: China is home to what he claims to be “World’s first humanoid robot half marathon”

April 21: People’s Bank of China, to release the monthly decision on the main rate of benchmark credit

April 23 – May 2: Shanghai Automatic Show



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