• Sodium_nitride@lemmygrad.ml
    link
    fedilink
    arrow-up
    7
    ·
    18 hours ago

    In order to further safeguard itself, Xu expects China to provide financial subsidies and tax breaks to the tariff-hit agriculture and manufacturing sectors.

    Really hope this doesn’t happen. There is no need for the Chinese to maintain such an extreme trade imbalance anymore. They shouldn’t be wasting their resources to make exploitation by the imperialists (chronic net drain of resources from China to imperial core) easier.