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China Introduces Policies to Shield Exporters from Renewed Trade Barriers

The measures aim to counter Donald Trump's proposed tariff hikes and bolster China's export sector amid global trade challenges.

  • China's Commerce Ministry announced a nine-point plan to support exporters facing potential tariff increases from the incoming Trump administration.
  • The policy includes expanding export credit insurance, increasing financing for international trade, and strengthening cross-border e-commerce efforts.
  • China plans to boost exports of agricultural and specialty products while supporting imports of vital equipment and energy resources.
  • The measures also emphasize stabilizing the yuan exchange rate and enhancing currency risk management for exporters.
  • Experts view the policies as a proactive response to rising global trade tensions and a potential escalation in U.S.-China trade disputes.
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