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China's Premier Warns of Economic Risks Amid Rising Trade Tensions

Li Qiang emphasizes the dangers of 'decoupling' and defends China's green industries at the World Economic Forum.

  • Li Qiang criticized Western protectionist measures and warned of a 'vicious cycle' of economic decoupling.
  • China faces new tariffs on electric vehicles from the US, EU, and potentially Canada.
  • Li highlighted China's economic recovery and its commitment to maintaining an open market.
  • Chinese EV makers remain competitive despite EU tariffs due to low production costs.
  • China and the EU have initiated talks to mitigate the impact of the new tariffs.
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