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La Cina nomina un inviato commerciale chiave tra le tensioni tariffarie con gli Stati Uniti

La Cina nomina un inviato commerciale chiave tra le tensioni tariffarie con gli Stati Uniti

C1🇺🇸 English🇮🇹 Italiano

May 2nd, 2025

La Cina nomina un inviato commerciale chiave tra le tensioni tariffarie con gli Stati Uniti

C1
Please note: This article has been simplified for language learning purposes. Some context and nuance from the original text may have been modified or removed.

🇮🇹 Italiano

La
the
Cina
China
ha
has
nominato
appointed ...
un
a
nuovo
new
negoziatore
negotiator
commerciale
commercial
internazionale
internatio...
principale
principal
mercoledì,
Wednesday
in
in
mezzo
medium
a
to
crescenti
growing
controversie
disputes
tariffarie
tariff (ad...
con
with
gli
the
Stati
States
Uniti.
United
Il
the
governo
government
ha
has
annunciato
announced
la
the
nomina
appointmen...
di
of
Li
Li
Chenggang
Chenggang
come
as
successore
successor
di
of
Wang
Wang (surn...
Shouwen,
Shouwen
l'ex
the former
partecipante
participan...
ai
to the
negoziati
negotiatio...
dell'accordo
of the agr...
commerciale
commercial
Cina-USA
China-USA
del
of the
2020.
2020
Le
the
due
two
maggiori
major / gr...
economie
economies
globali
global
hanno
have

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🇺🇸 English

China designated a new principal international trade negotiator on Wednesday, amidst mounting tariff disputes with the United States.

The government announced Li Chenggang's appointment as successor to Wang Shouwen, the former participant in the 2020 China-U.S. trade agreement negotiations.

The two largest global economies have progressively escalated import taxes on each other's products, a trend that began following the United States' imposition of tariffs on various nations. China's exports to the U.S. are subjected to a 145% duty, whereas many other countries were granted a three-month deferral on most levies.

Earlier on Wednesday, China reported its economy experienced a 5.4% annualized growth rate from January to March, underpinned by robust exports; however, analysts project a notable deceleration in the world's second-largest economy in the ensuing months as tariffs on Chinese imports to the U.S. are implemented.

Exports played a significant role in facilitating China's approximately 5% annual growth rate in 2024, aligning with the government's maintained target for this year.

Beijing has responded to the U.S. by putting a 125% tax on American goods, while also saying it is determined to keep its markets open for trade and investment.

Sheng Laiyun, a spokesperson for the National Bureau of Statistics, informed reporters that in the foreseeable future, the tariffs are likely to exert pressure on China's economy, but they are unlikely to impede its long-term growth trajectory.

It wasn't clear why China was changing negotiators, but this happened while Chinese officials said they had many ways to respond to the U.S. They mentioned using their large market of 1.4 billion people more, and getting help from Europe and countries in the global south. However, because people in China are not buying much, it will be hard to replace what U.S. consumers buy.

Additionally, China implemented stricter regulations on the export of rare earths, which are essential components in advanced technological goods, aviation construction, and military applications.

Before taking up his new role, Li had served for around four and a half years as China's representative to the World Trade Organization, the entity regulating international trade, to which Beijing has referred its tariff disagreement with the U.S.

He additionally served as deputy permanent representative for the Chinese delegation at the United Nations office in Geneva and various other international bodies in Switzerland.

He has also held positions as an assistant minister at the Ministry of Commerce and as director-general of the ministry's Department of Treaty and Law.

Li holds a bachelor's degree in law from China's prestigious Peking University and a master's degree in law and economics from the University of Hamburg.

May 2nd, 2025

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