China’s Xi: Should adhere to openness and win-win cooperation | investingLive
Xinhua is reporting China PM Xi speaking and says:
- Should adhere to openness and win-win cooperation
- Maintain the international economic and economic trade order
He adds that:
- Certain countries severely impact world economy with a trade war.
U.S.–China trade tensions remain high, with recent data showing China’s exports slowing to their weakest pace in six months and shipments to the U.S. plunging by over 30%, underscoring the weight of tariffs on both sides.
Recall that the Trump administration extended its tariff truce with Beijing through November 10, keeping average duties around 30% but avoiding fresh hikes for now.