Xi Jinping Promotes China as Investment Haven Amid Rising US Tariffs

As President Trump escalates trade measures, China focuses on courting global business leaders to stabilize its economy and counteract economic pressures.

• President Trump has imposed a 10% tariff on all Chinese imports, with additional tariffs set to take effect on April 2, 2025, further straining US-China trade relations.
• Chinese President Xi Jinping met with global executives, including leaders from Apple, Blackstone, and Standard Chartered, emphasizing China's stability and openness to foreign investment.
• US Senator Steve Daines engaged with Chinese Premier Li Qiang to address trade imbalances, fentanyl exports, and the reopening of market access for American beef.
• The US has added dozens of Chinese tech companies to its export blacklist, marking the first such action under Trump's current administration.
• China is increasing outreach to Southeast Asian and European markets while urging cooperation to mitigate the negative impacts of the escalating trade conflict.

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