Why China will not call us for now

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Last time Donald Trump and president of china Xi Jinping It was a lecture Inauguration of the US presidential before January 20.

Two weeks of becoming president a second time, Trump added 10% rates in Chinese goods, and he said Talk to Xi next 24 hours.

“We called the white house.” How did the call go? The U.S. business director who wanted to be unnamed told me last week. The White House said: “The Chinese did not call.”

“It was very clear from the beginning, the administration significantly overlaps how many lever fare gives you in China,” said the executive

The US put new rates last week on Chinese goods, taking 145% effectively.

After 165% of US goods rates rally risen after revenge, Beijing was calling rates on the weekend “Game of numbers“They want to ignore. That’s the Chinese text according to a CNBC translation.

So far, both parties publicly stated to take the first tangible step to solve implementation and limit Global economic fall Tit-for-tat measures.

XI, in the third unprecedented tenure of Chinese president, has shown that it is committed to challenging any perception that is being taken advantage of the US, even if it means short-term pain for economics. 70th anniversary of the China Communist Party Standard. He proclaimed XI “A force cannot stop Chinese and the Chinese nation. “

Trump, on the other hand, has also retreated some of the latest fare plans, ending its purpose is to build the US

They halted the confluence of economic and cultural differences, the Chinese global positioning is significantly changing in recent years.

“I think people in the US, both investors and politicians, (China) is still something similar,” Bruce Liu, the General Manager of Esoterica Capital Active, said Monday. He split his time between New York and China.

Chinese economic situation in 2018 The country had to make a deal with the horn after bilateral tensions scaled in his first termHowever, Beijing has a lower reason at this time, Liu said. “They are not rushed to make a conversation, or at this time to start a conversation with the US.”

Thinking of the official attitudes in Beijing has strengthened, emphasizing with spokesmen, based on “mutual respect”. Deepsees AI strides At the end of January, it also believes in China that he can bear US restrictions in the country.

Accessible income in China has increased by 38% since 2018. When I went to the country that summer, Starbucks was far from the best chance for coffee and most cars was the power of gasoline. Almost seven years later, artisanal cafes are rules as well as Xiaomi Smartphone has electric cars.

That doesn’t mean everything has been pink.

Unfinished apartment buildings are scattered on the outskirts of large cities. It has been hard to try to navigate the Covid-19 and the following economic slowdown. I witnessed the frantic growth before pandemia.

The main investment companies in the Wall Street investment has been scaled in China’s commercial tensions, reducing the predictions of economic expansion of China this year to increase 3.4% by UBS this year. For now, Beijing has maintained a growth of 5% of the year and indicated that it can increase the stimulus to protect the economy.

But in the pockets of the economy, it remains sustainability, despite the circumstances.

Chinese global connections have also been changed.

US exports rose by 10% between 2018 and 2024, but Chinese exports rose by 26% at the time, while 84% rose by 84% in Southeast Asia, according to the CNBC analysis of official data. In Southeast Asia is the largest trade-in-trade of Chinese, and then the EU and then in the US

Part of it is to focus on the US, but a part of it is also reflected Growing a foreign market for Chinese goodsAlthough local businesses and jobs are at risk of hurting.

Instead of talking with Trump, XI is currently visiting the south-eastern State visit from 2025: Vietnam, Malaysia and then Cambodia. Chinese state media described travel “In an invitation“Local government, Elegant language echo The last time he used the XI went to the US to meet the President of Joe Biden in November 2023.

Xi too With us, he has joined the directors of business in Europe and Middle East Beijing at the end of March. He did a global request to “defend”, as the Secretary General of Vietnam said at a meeting Monday, the two countries should protect them Stability of supply chain and oppose “Albenda bullying. “That’s not US names by a CNBC translation

Trump this week’s meeting with Chinese meeting with Vietnam “Screw” USA He refused to share update in any conference planned with shar.

Vietnam died this month One of the highest “reciprocal” fares in the US – Initially China – the prime minister of Southeast Asia, the response to Pham Minh Chinh. Offer to buy more US defense products Both countries negotiated in tariffs while requiring 45-day delay.

Trump then temporarily fare rates in Vietnam And other countries with a 90-day bargaining period. China was not included.

“If you are nice to me, I will be with you twice. That’s (being) Chinese,” Liuk said.

“But if you want to persecute, we don’t take that. We know that this can lead to difficulties in our economy or in our daily life, but we are ready to do so, talking about the typical Chinese mindset.

China reported GDP in the first quarter of 5.4%. This image exceeds 5.1% of analysts. March retail sales and industrial products Came over forecasts. The data on the last loan of the March country came better than expected, especially due to social growth in short-term loan, according to Goldman Sachs.

Kling, Kuishou’s AI has managed to upgrade. Chinese short video company reported news Tuesday in Beijing, and the new version provides better control over the display of people, emotions and scenes to real-world scenarios.

The US is exempt from electronics in China from the highest rates. However, there is no clear How long will it last. China and Vietnam signed agreements to accelerate bilateral trade in the railway cooperation and protocols, depending on the Southeast Asian country. China also has Change his Ministry of Trade Trade negotiator From last few years with a new face.

China and Hong Kong Stocks were negotiating in red on Wednesday, China was better released in GDP data that better than expected. Growing investment banks cut the annual growth view of the country.

Chinese continental CSI 300 Fell by 0.74% while at Hong Kong Hang Seng Index – It includes several important Chinese companies – fell by more than 2% at 10:42.

The 10-year-old China Government Bond performance was 1.639%.

China negotiated by the boat negotiates in 7,3276 against Greenback.