China’s Trade Tactics: Navigating Tariff Tensions

News Snapshot:

China has no intention of flooding international markets with its goods despite ongoing trade tensions with the United States, according to Xu Feihong, China's ambassador to India. In a Tuesday article, he sought to dispel concerns over cheap Chinese products overwhelming global markets. The trade dispute, marked by tit-for-tat tariffs exceeding 100%, has unsettled the world economy. India, concerned about the impact on its own exports, recently imposed a 12% safeguard duty on steel imports, primarily targeting Chinese products, to protect its industry. In an editorial for the Indian Express, Xu emphasized China's focus on boosting domestic consumption and adhering...