China’s options include additional cuts in taxes and fees, incentives for buying big ticket items like appliances and cars, and a further lowering of interest rates to boost lending to the real economy, particularly for small firms that will be hit hardest by increased trade tensions. Photo: Bloomberg

China may expand stimulus in response to potential US trade war tariff hike, analysts say

  • More tax cuts, incentives for appliance and car purchases, lower borrowing rates among stimulus options for China’s government
  • US President Donald Trump tweeted plans to increase tariffs on Chinese goods, leading to expectation of more stimulus from Beijing
Topic |   China economy

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China’s options include additional cuts in taxes and fees, incentives for buying big ticket items like appliances and cars, and a further lowering of interest rates to boost lending to the real economy, particularly for small firms that will be hit hardest by increased trade tensions. Photo: Bloomberg
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Chinese Vice-Premier Liu He with US President Donald Trump inside the Oval Office of the White House in Washington in April. Photo: EPA

China still ‘preparing’ delegation for US trip despite Donald Trump’s threat to increase tariffs

  • US President said he will increase punitive tariffs on US$200 billion of imports from 10 per cent to 25 per cent on Friday in a tweet posted on Sunday
  • Liu He could depart Beijing on Thursday, three days later than previously scheduled, and leave Washington a day later, says a source
Topic |   US-China trade war

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Chinese Vice-Premier Liu He with US President Donald Trump inside the Oval Office of the White House in Washington in April. Photo: EPA
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