US President Donald Trump escalated trade tensions on Friday by extending current and planned tariffs on US$550 billion of Chinese imports by 5 per cent. Photo: EPA

China seeks to change economic landscape as Donald Trump escalates US decoupling risks

  • President Xi Jinping decides China’s economic efforts should concentrate on major cities, while also building up complete and modern value chains
  • Decisions from China’s supreme economic policy decision making body follows the US extending current and planned tariffs on US$550 billion of Chinese imports
Topic |   China economy

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US President Donald Trump escalated trade tensions on Friday by extending current and planned tariffs on US$550 billion of Chinese imports by 5 per cent. Photo: EPA
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