Published on November 11, 2024 at 05:57. / Modified on November 11, 2024 at 07:03.
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During the campaign, Donald Trump threatened to impose tariffs of 60% on Chinese imports
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A measure that could seriously undermine Chinese growth according to a UBS study
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For China, questions of Taiwan’s trade relations are central
With the re-election of Donald Trump, the Chinese authorities find themselves facing a leader they already know. However, there are still many uncertainties. During his first term, the future president of the United States started a trade war with the second largest economic power in the world, and his re-election poses the threat of new tensions. Which did not prevent Xi Jinping from congratulating the Republican. The Chinese president called for cooperation between the two countries. “A stable, healthy and lasting China-US relationship is in line with the common interests of the two countries and the expectations of the international community,” he said, according to Chinese state television CCTV.
“In China, the election did not cause any surprises, many analysts had predicted a victory for Donald Trump for a long time. The official reaction of the authorities was measured, notes Philippe Aguignier, professor of Chinese economics at the French National Institute of Oriental Languages and Civilizations (Inalco), currently in China. But what the regime actually thinks is different. The message sent internally for a long time is: whether it is the Democrats or the Republicans who win this election, the situation is not going to improve, we must be ready.
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