China's top leaders called on Friday to step up support for the economy and oppose "unilateral bullying" in global trade, according to a meeting readout published by state media.
The comments were a veiled rebuke of hefty tariffs recently imposed on China by US President Donald Trump, which have triggered a high-stakes tit-for-tat trade battle between the world's two largest economies.
The Chinese Communist Party's top decision-making body pledged to "work with the international community to actively uphold multilateralism and oppose unilateral bullying practices", Xinhua reported.
The brutal trade war comes as China's economy strains under the weight of longstanding woes in the property sector and reluctance of consumers to pull out their wallets.
The Politburo meeting, which was attended by President Xi Jinping, saw leaders discuss a range of domestic economic issues, emphasising the need to "enhance the role of consumption in stimulating economic growth", according to Xinhua.
They also called for action to increase incomes and "vigorously develop service consumption", as well as the implementation of key rate cuts at "appropriate times".
The comments were a veiled rebuke of hefty tariffs recently imposed on China by US President Donald Trump, which have triggered a high-stakes tit-for-tat trade battle between the world's two largest economies.
The Chinese Communist Party's top decision-making body pledged to "work with the international community to actively uphold multilateralism and oppose unilateral bullying practices", Xinhua reported.
The brutal trade war comes as China's economy strains under the weight of longstanding woes in the property sector and reluctance of consumers to pull out their wallets.
The Politburo meeting, which was attended by President Xi Jinping, saw leaders discuss a range of domestic economic issues, emphasising the need to "enhance the role of consumption in stimulating economic growth", according to Xinhua.
They also called for action to increase incomes and "vigorously develop service consumption", as well as the implementation of key rate cuts at "appropriate times".
You may also like
Ruben Amorim confirms Marcus Rashford return as he drops hint on Man Utd future
Can having physical relations during pregnancy harm the baby? Know the truth
Trump clarifies whether he would run as vice president to JD Vance in 2028: 'I'm doing a good job'
Pillow Therapy: The solution to breakup, stress and anger – just a pillow..
Arsenal and Chelsea chase Champions League final place as Liverpool welcome struggling rivals