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China introduces new measures to support foreign trade


十一月, 21 2024
watermark Economic news

The Chinese authorities are concerned about Trump's latest statements about imposing tariffs of more than 60% on all Chinese goods. This can lead to a significant decrease in exports from the country and negatively affect economic growth. 


With slowing domestic demand and a downturn in the real estate market, trade remains one of the few drivers of the Chinese economy.


The Chinese Ministry of Commerce has announced increased financial support for exporters, and also plans to encourage banks to provide more tools for managing currency risks. 


In addition, China plans to expand the export of agricultural products and support the import of equipment and energy resources. 


The government promises to assist companies in overcoming trade restrictions from other countries and creating a favorable external environment for exports.


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外汇本质上有高度的投机性和复杂性,可能并不适合所有投资者。 外汇交易可能会带来重大的收益或损失。 因此,建议您不要承担无法承受的损失。 在使用ForexMart提供的服务之前,请确认外汇交易相关联的风险。 必要时寻求独立的财务意见。请注意,过去的业绩和预测都不是未来结果的可靠指标。