May 2nd, 2025
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China has a new person for trade with other countries.
The government said Li Chenggang is new. He is in place of Wang Shouwen. Wang Shouwen worked for China and the U.S. in 2020.
Big countries put more tax on things from other big countries.
China's money grew. Selling things helped. People think it will grow less. New taxes will start.
China sells things to other countries. This helps China grow. China wants to grow about 5% this year.
China puts big tax on things from America. China says its door is open for business.
China's money matters will be hard now. But later, China will grow good. This is from Sheng Laiyun. He is a man who talks for the country's money group.
China is changing people for talks. China says it has plans. China can use its own big market. Many people in China can buy things. China can also work with Europe and other countries. But people in China don't buy a lot now. It is hard to lose the U.S. people who buy things.
China said stop some things go out, things like rare earths. These things are for special phones, airplanes, and army things.
Before, Li worked for China.
He worked for China in Geneva.
He worked at the Ministry of Commerce.
Li studied law in China. Li studied economics in Germany.
May 2nd, 2025
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