During a World Economic Forum event in Tianjin, Premier Li Qiang highlighted China's potential role in alleviating global trade instability caused by U.S. actions, comparing current economic worries to the 2008 financial crisis. He stressed the necessity of interconnected growth, asserting that China aims to be part of the solution. Meanwhile, U.S. Commerce Secretary Lutnick announced a trade agreement to expedite Chinese rare-earth exports to the U.S. This development comes concurrently as Beijing seeks alliances with other affected trading nations while negotiating with the U.S. on tariffs.
Li Qiang emphasized that no nation can thrive in isolation from global commerce, positioning China as a partner in addressing economic challenges, reminiscent of past crises.
Commerce Secretary Howard Lutnick noted that the U.S. and China have signed an agreement post negotiations, aimed at facilitating Chinese approvals for rare-earth exports to America.
Collection
[
|
...
]