China to counter 60% Trump tariffs with massive incentives to Europe, Asia ...Middle East

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China to counter 60% Trump tariffs with massive incentives to Europe, Asia
source : forex live ( Middle East ) () 31
The Wall Street Journal with the article:To offset the potential hit to the already wobbly Chinese economy, the Xi leadership is considering plans to shower American allies in Europe and Asia with tariff cuts, visa exemptions, Chinese investments and other incentives, according to people close to Beijing’s decision-making.The Journal is gated, but in brief:strategy labeled “unilateral opening” in China’s policy circlesrepresents a tactical change for a leadership that has long favored quid-pro-quo economic and diplomatic dealsChina has already removed visa requirements for travelers from some two dozen countries including Australia, New Zealand, Denmark, Finland and South Korea—without requi

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