The Beijing Hour Chinese leaders pledge high quality development to resist external instability
Apr 25, 2025
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China's Economic Support Measures
- China's leadership urges support for companies hit by tariffs through unemployment insurance fund refunds.
- They stress boosting consumption, stabilizing jobs, and pursuing high-quality economic development amid external shocks.
Asia-Pacific Trade Shift
- Asia-Pacific's economy faces slowdown due to escalating trade tensions and tariffs.
- Countries are shifting focus to intra-regional trade to mitigate impact and diversify reliance away from the U.S.
Canadian Logger's Tariff Story
- Canadian logger Tim Bryson describes struggle and hope amid U.S. tariffs on lumber.
- Despite layoffs and factory moves, he sees tariffs as a chance to address Canada's housing crisis with local wood.