China This Week | China escapes US tariffs amid ongoing talks, a new baby subsidy, and Taiwan

News Snapshot:

On Thursday (July 31), the United States government announced a fresh set of tariffs for several countries, as part of President Donald Trump’s bid to “liberate” the country from supposedly unfair trade relationships. Conspicuously absent from this list was China, because its official representatives met their US counterparts in Sweden on July 28 and 29, as part of ongoing trade negotiations. Domestically, the first-ever nationwide subsidy was announced to support parents with children aged between 0 and three years. It comes amid heightened concerns over the country’s declining fertility rate, to the extent that China’s total population has declined from...