Chinese Premier Highlights Impact of US Tariffs Amid Surging Trade Surplus
Chinese Premier Li Qiang has highlighted the negative impact of higher tariffs on the global economy, despite China's trade surplus surpassing $1 trillion. Speaking at a forum in Beijing, Li noted that the tariffs, which have been implemented by various countries, have significantly harmed global economic activity. Although Chinese exports to the United States have decreased, this has been offset by increased exports to other markets. The trade surplus has been bolstered by a 5.9% rise in exports from the previous year. The remarks come as China continues to focus on strengthening its domestic economy and technological advancements, with the Central Economic Work Conference outlining plans for the country's economic strategy through 2030. 
