Ding Xuexiang, Vice Premier of the State Council of China, delivers a speech at COP29 on November 12, 2024.
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BEIJING — China’s Vice Premier Ding Xuexiang warned that there are “no winners” in the trade war as the world’s second-largest economy faces the possibility of tariffs under the incoming Donald Trump administration.
Ding Junhui made the remarks while delivering a speech at the World Economic Forum in Davos, Switzerland, on Tuesday, according to an official English translation.
Ding said this was his second time attending the Davos forum and he is one of China’s four vice prime ministers. China Economy in trouble Consumption is sluggish and real estate is sluggish. Despite this, the country GDP officially grows by 5% After launching a series of stimulus policies in late September last year.
This breaking news story is being updated.
