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  • Trump's tariff escalation sparks global concern
    ​U.S. President Donald Trump's tariff strategy, including a universal steel and aluminum tariff of 25 percent and global reciprocal tariffs starting from April 2, has sparked widespread concern over its economic impact both domestically and globally.

New plan in place to boost consumption
China's latest push to boost consumption is expected to shore up consumer confidence, unleash domestic demand potential and inject strong momentum into high-quality economic growth.

Market diversity trusty elixir to tariffs
Facing headwinds from trade protectionism and a slowing global economy, Chinese manufacturers are driving industrial upgrades to sharpen their edges, with tech-intensive green products gaining increasing traction in emerging markets.
China maintains stable trade policies, welcomes foreign investment
​China's Commerce Minister Wang Wentao said the country's trade policies toward trading partners, including the European Union, have consistently been stable, and welcomed European companies to increase their investment in China.
Policy mix key to addressing structural woes
Faced with structural issues at home and mounting external uncertainties, China should put in place a mix of macroeconomic and industrial policies, alongside meaningful reforms, to spur effective demand, stabilize the property market, accelerate the shift from old growth drivers to new ones, and raise the nation's total factor productivity, economists said.
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Currencies
RMB Exchange Rates Mar. 19, 2025
Issued by State Administration of Foreign Exchanges


Currency (Unit:100)RMB


US dollar

716.97



Euro

786.33



Japanese yen

4.8189



HK dollar

92.278



British pound

934.48




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