May 2nd, 2025
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China has a new person for trade with other countries. This is because of problems with the U.S.
The government said Li Chenggang will take the place of Wang Shouwen.
Two big countries put more taxes on each other's things. China's things have a big tax in one country. Other countries have less tax for a short time.
China's economy grew by 5.4% at the start of the year.
China sold many things to other countries. This helped China's economy grow by 5% this year. China wants it to grow by about 5% this year.
China put a big tax on things from the U.S. China said its markets are open for trade.
A person from China said new taxes are bad for China now, but not for a long time.
China changed people for talks. It is not clear why. China says it can use its big market and other countries. But China's market is not very strong now. It is hard to replace U.S. buyers.
China made it harder to send rare earths to other countries. These materials are used in phones, planes, and military things.
Before his new job, Li worked for the World Trade Organization for about four and a half years. He was China's ambassador there.
He also worked for China at the UN in Geneva, Switzerland.
He worked for the Ministry of Commerce.
Li studied law at a famous university in China. He also studied law and money in Germany.
May 2nd, 2025
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