Global Scans · China · Weekly Summary

WHAT'S NEXT?: Any disruption in economic activity between China and the United States will necessarily affect other Asian and world economies. How China handles Donald Trump's administration, its relationship with Russia and develops its leadership ambitions will be key areas to watch intently in the coming years.

• [New] The Chinese People's Liberation Army will continue to intensify training of its troops, enhance combat preparedness and thwart secessionist activities to smash Taiwan independence and external interference attempts. Big News Network.com
• [New] With the total trade between the US and China being US$ 580 billion, repercussions of an all-out trade war will be massive, especially on supply chains and the global dollar reserve. Eurasia Review
• [New] Countries like China and India experienced rapid economic growth, offering new opportunities for investors. TrustNet
• [New] While giants like Apple can seek alternative manufacturing bases - in India, say - US firms that rely on goods and components from China will be left hugely exposed. CNN
• [New] President Trump confirmed the US will move forward with 104 pc tariffs on Chinese goods, alongside 10-50 pc tariffs on about 60 other nations. Grain Central
• [New] Xi has vowed to boost domestic consumption as tariffs are expected to hurt exports, a sector responsible for a third of China's economic growth last year. Edge and Odds -
• [New] The US will impose additional duties of 50% on Chinese goods after Beijing retaliated on the initial US tariff hikes with a matching 34% levy of its own. Yahoo Finance
• [New] Beijing will take resolute and forceful measures to protect its own interests, after net total tariffs of 104% on Chinese imports into the U.S. took effect. CNBC
• [New] EU policymakers are worried that the new tariff landscape could lead countries like China to redirect their surplus goods to Europe, where tariffs are lower, triggering a surge in low-cost imports. MarketScreener
• [New] Growth rates in the global economy are expected to decline significantly, affecting the US economy and the economies of the European Union countries, China, and Russia, but at varying rates. LATEST MNT GOAT NEWSLETTER
• [New] With the UK subject to the baseline tariff of 10%, UK exports will now be relatively cheaper for UK consumers when compared with other nations facing higher tariffs such as China. Watson French Wealth Management
• [New] The upcoming 2025 tariffs could significantly disrupt the U.S. home furnishings industry, as a large share of imports originate from China and Southeast Asia, regions that now face tariffs as high as 50%. Benzinga
• [New] President Trump has threatened to increase U.S. tariffs on Chinese goods by an additional 50% unless Beijing rescinds retaliatory tariffs imposed on U.S. goods. Havana Times
• [New] The UK's AI sector faces a brain drain as top talent gravitates toward better-funded opportunities in the US and China. Mirage News
• [New] Beijing is unlikely to back down, after President Trump threatened to raise tariffs on China if Beijing does not withdraw its retaliatory tariffs. WSLS 10
• [New] Countries that rely on trade with both the U.S. and China may experience economic downturns as well, creating a ripple effect that could destabilize the global economy. Trends Newsline
• [New] Industries heavily reliant on imported goods from China could face substantial operational challenges, leading to reduced profitability and potential job losses. Trends Newsline
• [New] U.S. stocks lost $6.6 trillion in value during a two-day washout last week after President Trump announced larger tariffs than Wall Street expected and China said it would match the duties on all U.S.-made goods. Defense One
• [New] The U.S. threat to escalate tariffs on China is a mistake on top of a mistake and once again exposes the blackmailing nature of the U.S.. WNYT.com NewsChannel 13
• [New] Demographic challenges will continue to slow China's growth in the longer term, but greater government spending, combined with tax breaks, will only partially offset the high tariff rate the US placed on China making it difficult to reach the 5% growth goal for 2025. Cerity Partners
• [New] Oil prices fell more than 3% on Monday, extending losses from the previous week, on growing concerns that a global trade war could slow the world economy and weaken demand, following China's retaliation against Trump's tariffs. Daily Sabah
• [New] China will further improve the youth winter sports event system, support public winter sports activities, and ensure the comprehensive utilization of winter sports venues during the post-Olympic era. China Today
• [New] The abuse of tariffs by the United States will have an impact on China, but 'the sky will not fall. The New York Times

Last updated: 11 April 2025