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Latin Times
Latin Times
World

China Seeks To 'Tariff-proof' Economy As Trade War With US Deepens

China main export destinations in 2024 (Credit: AFP)

China is trying to tariff-proof its economy by boosting consumption and investing in key industries, but analysts say it remains critically vulnerable to the economic storm triggered by Donald Trump's 104 percent levies on its goods.

Beijing has vowed to "fight to the end" against Trump's aggressive trade policy, with number two leader Li Qiang saying authorities were "fully confident" in the resilience of the Chinese economy.

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