DomesticMarket

China Takes Bold Steps to Support Tariff-Hit Exporters Amid Trade Tensions

1 day ago

In a proactive move aimed at safeguarding its struggling exporters facing punitive tariffs, the Chinese government has announced a series of initiatives designed to assist these businesses in connecting with local purchasers. This announcement comes in the wake of escalating trade tensions, particularly with Western nations that have imposed tariffs on Chinese exports, impacting various sectors of the economy.

China Unveils Ambitious Strategy to Elevate Incomes and Stimulate Consumption

1 month ago

In a significant move aimed at revitalizing its economy, China has unveiled a comprehensive plan designed to enhance household incomes and boost domestic consumption. This initiative comes in the wake of economic challenges faced by the country, which have prompted the government to take strategic steps in order to foster a more resilient economic environment.

The New Era of Trade Tensions: China Sets Strategic Targets Amid Uncertainty

2 months ago

In the evolving landscape of global trade, China is adjusting its strategies as it navigates the complexities introduced during the Trump administration's trade war. The Chinese government has established new targets to strengthen its economic resilience and adaptability despite ongoing uncertainties related to international trade policies.

Indonesia's Garment Industry on the Brink: Massive Layoffs Loom Amidst Chinese Competition

3 months ago

The Indonesian garment sector is facing a critical turning point as it grapples with a rising wave of layoffs, driven primarily by the influx of cheaper garments from China. The increasing pressure from Chinese imports is forcing local manufacturers to rethink their strategies, with many unable to compete on price or volume.