May 2nd, 2025
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China got a new person to talk about trade with other countries.
The government said Li Chenggang will take Wang Shouwen's place.
Two big countries put more taxes on things they sell to each other. One country has to pay a lot of tax. Other countries have more time.
China's economy grew fast at the start of the year. But experts think it will slow down. This is because of new taxes on things China sells to the US.
China's growth was 5% in 2024.
China put a big tax on some things from the U.S. China also said its markets are open for business.
Someone said taxes will make China's economy a little hard now, but it will still grow later.
We don't know why China changed the people for the talks. China says it has plans if the U.S. does things. They can use their big market in China or work with other countries. But people in China are not buying a lot now. So it is hard to find new buyers like the ones in the U.S.
China also made it harder to send rare earths to other countries. These materials are used in phones and planes.
Before this new job, Li worked for about 4 and a half years for China at the World Trade Organization.
He also worked for China at the UN in Geneva.
He worked for the government. He helped the minister for trade. He also led a team there.
Li studied law in China and economics in Germany.
May 2nd, 2025
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