Friday, 10 Oct 2025
  • Contact
  • Privacy Policy
  • Terms & Conditions
  • DMCA
logo logo
  • World
  • Politics
  • Crime
  • Economy
  • Tech & Science
  • Sports
  • Entertainment
  • More
    • Education
    • Celebrities
    • Culture and Arts
    • Environment
    • Health and Wellness
    • Lifestyle
  • đŸ”¥
  • Trump
  • VIDEO
  • House
  • White
  • ScienceAlert
  • Trumps
  • Watch
  • man
  • Health
  • Season
Font ResizerAa
American FocusAmerican Focus
Search
  • World
  • Politics
  • Crime
  • Economy
  • Tech & Science
  • Sports
  • Entertainment
  • More
    • Education
    • Celebrities
    • Culture and Arts
    • Environment
    • Health and Wellness
    • Lifestyle
Follow US
© 2024 americanfocus.online – All Rights Reserved.
American Focus > Blog > Economy > China says it can live without US farm and energy goods
Economy

China says it can live without US farm and energy goods

Last updated: April 28, 2025 12:55 am
Share
China says it can live without US farm and energy goods
SHARE

The Chinese economy is facing challenges amidst the ongoing trade war with the United States. Despite this, Chinese officials remain confident in their ability to achieve a 5 per cent GDP growth target for the year. Zhao Chenxin, vice chair of the National Development and Reform Commission, reassured the public that China could do without American farm and energy imports by relying on domestic production and imports from non-US sources.

Zhao emphasized that even if China stopped purchasing feed grains and oilseeds from the US, it would not have a significant impact on the country’s grain supply. Similarly, he noted that there would be limited effects on China’s energy supplies if companies ceased importing American oil, natural gas, and coal.

The loss of the Chinese market would be a blow to American farmers and energy producers, who exported billions of dollars worth of goods to China annually. However, countries like Brazil and Argentina are expected to increase their exports to China to fill the gap left by the US.

Despite calls from the Trump administration for trade negotiations, China has shown little interest in engaging in talks and has called for the US to cancel its tariffs as a starting point. With bilateral tariffs between the US and China exceeding 100 per cent, trade has begun to decline, impacting Chinese factories and employment.

Chinese officials are taking measures to stabilize the economy and support businesses affected by the trade war. The People’s Bank of China plans to increase financing and credit support for exporters, while also keeping the exchange rate stable. In addition, new labor policies aim to boost employment, particularly for recent university graduates and young workers facing higher unemployment rates.

See also  Arsenal vs. Liverpool lineup, prediction, pick: Where to watch Premier League, live stream, TV channel, odds

As China navigates through external economic challenges, policymakers are focused on boosting household spending, supporting businesses impacted by tariffs, and stabilizing employment. The government is prepared to provide financial support and implement measures to ensure economic stability in the face of ongoing trade tensions with the US.

TAGGED:ChinaEnergyfarmGoodsLive
Share This Article
Twitter Email Copy Link Print
Previous Article Heat- & Drought-Tolerant Veggies for Your Climate-Resilient Garden Heat- & Drought-Tolerant Veggies for Your Climate-Resilient Garden
Next Article Chris Olsen Responds to Patrick Johnson’s Fake Swiftie Allegations Chris Olsen Responds to Patrick Johnson’s Fake Swiftie Allegations
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Popular Posts

A new iron compound hints ‘primordial’ helium hides in Earth’s core

This discovery sheds light on the behavior of helium under extreme conditions and hints at…

March 13, 2025

ODNI Tulsi Gabbard Calls For James Comey to be Put Behind Bars Over Trump Assassination Post (VIDEO) |

Gabbard Calls for Accountability Following Comey's Controversial Post On Thursday evening, Tulsi Gabbard, the Director…

May 16, 2025

Breaking… Border Czar Tom Homan: “We Are Going to Bring National Guard in Tonight” to Los Angeles (UPDATE: Trump Orders 2000 Troops to LA) |

National Guard Deployment Amid Protests in Los Angeles In a move that underscores the escalating…

June 8, 2025

LinkedIn CEO says AI writing assistant is not as popular as expected

LinkedIn CEO Discusses AI Uptake and Challenges While LinkedIn users have shown a willingness to…

June 22, 2025

$450K in fines after worker killed at Timaru lumberyard

By Tim Brown of RNZ A Timaru lumberyard and its sole director have been instructed…

July 8, 2025

You Might Also Like

Why Is Wolfspeed Stock Soaring Today?
Economy

Why Is Wolfspeed Stock Soaring Today?

October 10, 2025
When Godzilla Breaks Windows
Economy

When Godzilla Breaks Windows

October 10, 2025
Peter Schiff Describes Bitcoin’s Jump Over 6,000 As ‘Bear Market Rally’: ‘Too Early For Bitcoiners To Get Excited…’
Economy

Peter Schiff Describes Bitcoin’s Jump Over $126,000 As ‘Bear Market Rally’: ‘Too Early For Bitcoiners To Get Excited…’

October 10, 2025
Veteran analyst drops sharp take on GTA 6 hype
Economy

Veteran analyst drops sharp take on GTA 6 hype

October 10, 2025
logo logo
Facebook Twitter Youtube

About US


Explore global affairs, political insights, and linguistic origins. Stay informed with our comprehensive coverage of world news, politics, and Lifestyle.

Top Categories
  • Crime
  • Environment
  • Sports
  • Tech and Science
Usefull Links
  • Contact
  • Privacy Policy
  • Terms & Conditions
  • DMCA

© 2024 americanfocus.online –  All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?