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Beijing Moves to Shore Up Economy Amid Growing Trade War
Key Takeaways
- Alongside tit-for-tat retaliatory tariffs, China is doubling down on efforts to protect its domestic economy.
- Domestic stabilization measures include stock market interventions and structural measures to bolster domestic consumption and reorient trade flows.
- These kinds of changes are likely here to stay as China looks to fortify its economic resilience against external shocks in the long term.