Chinese mainland economy defies U.S. tariffs with 5.3% growth
Despite U.S. tariffs, the Chinese mainland’s economy grew 5.3% in H1 2025, driven by domestic demand and trade diversification, showcasing resilience and boosting global confidence.
My Global News: Voices of a New Era
🌍 Stay Ahead, Stay Global 🚀
Despite U.S. tariffs, the Chinese mainland’s economy grew 5.3% in H1 2025, driven by domestic demand and trade diversification, showcasing resilience and boosting global confidence.
CGTN’s The Tariff Boomerang II uncovers how U.S. global tariffs boomeranged back, rattling markets as the 90-day pause nears its end.
Economist Guan Qingyou says the US bid to dismantle the Chinese mainland’s competitiveness through tariffs is bound to fail, calling the strategy a regressive counter-current.
As U.S. tariffs clash intensifies, expert Helga Zepp-LaRouche calls for deeper China-EU cooperation to defend multilateralism and uplift the Global South.
US retail, auto and tech giants warn of profit shocks as tariffs drive up costs – Apple sees $900M hit, GM up to $5B at risk amid trade tensions.
In the first 100 days, new U.S. tariffs triggered a global trade drop; experts warn of a long tariff war of attrition across G20 markets.
Chinese Ambassador Xie Feng says Beijing opposes tariff wars and urges global cooperation for shared economic growth and stability.
The US imposes 10% tariffs on Chinese imports over fentanyl concerns, prompting China to retaliate with new duties. Both nations navigate escalating trade tensions.
A proposed 10% tariff on Chinese mainland goods by Donald Trump could impede vital US-China cooperation in combating fentanyl, despite China’s extensive anti-drug efforts.