China has pushed back firmly against the latest round of U.S. tariffs, saying the measures will not derail the country’s long-term economic progress.
In a clear show of confidence, Chinese officials emphasized that the fundamentals of their economy remain solid, even as trade tensions with Washington continue to escalate.
The comments come after the United States imposed steep new tariffs—some reportedly reaching up to 145%—on a range of Chinese imports. The move, intended to protect American industries and address what U.S. officials call unfair trade practices, has prompted strong responses from Beijing, including tariffs of up to 125% on selected American goods in return.
Despite the sharp rhetoric and rising trade barriers, China’s economy has shown notable resilience. The country posted a 5.4% growth rate in the first quarter of 2025 compared to the same period last year. A significant portion of that growth came from a surge in exports as companies rushed to beat the deadlines before new tariffs came into force. Still, economists have pointed out that quarter-to-quarter growth has softened slightly, a possible early sign of stress from the mounting trade restrictions.
Speaking at a recent economic forum, Premier Li Qiang struck a forward-looking tone. He urged Chinese companies to widen their horizons by exploring new markets and investing in innovation. “We are encouraging businesses to diversify their exports and focus on both domestic and international markets,” Li said. He added that boosting domestic consumption, improving incomes, and protecting jobs are top priorities in keeping the economy on a stable path.
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China is also taking active steps to cushion any shocks from the tariffs. The government is rolling out new economic support measures, including stimulus spending and more relaxed lending policies to spur business activity and consumer confidence. Exporters are receiving extra backing as Beijing moves to offset the effects of a shifting global trade landscape.
At the same time, Chinese officials have made it clear that they remain committed to global trade. There’s a growing focus on strengthening ties with European markets and emerging economies, while also considering export controls on key materials like rare earth minerals—crucial for many high-tech industries—as a strategic counterweight.
For now, the message from Beijing is one of determination and pragmatism. While trade friction with the U.S. may persist, China believes it has the tools, the markets, and the long-term strategy to weather the storm and continue its upward economic journey.