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“Ugly Monday” Kicks Off China’s Response to U.S. Tariffs

China’s stock market suffered the largest losses since 2022 as investors braced for the impact of China’s countermeasures to cumulative tariffs of more than 50% imposed by the Trump administration. Beijing announced 34% retaliatory tariffs on all U.S. imports on Friday. The announcement came during a long weekend ...

With CGSP Staff

China Pins Hopes on Society-Wide AI Push to Add Jobs, Rejuvenate Economy
A child shakes hands with a robot during the World Artificial Intelligence Conference (WAIC) in Shanghai on July 28, 2025. (Photo by Hector RETAMAL / AFP)
By Laurie Chen China's scramble to adopt artificial intelligence will spawn new jobs and propel the world's second-largest economy, say policymakers and company executives, as they play down growing global fears that the technology could stunt employment. Plans unveiled ...

“Ugly Monday” Kicks Off China’s Response to U.S. Tariffs

China’s stock market suffered the largest losses since 2022 as investors braced for the impact of China’s countermeasures to cumulative tariffs of more than 50% imposed by the Trump administration. Beijing announced 34% retaliatory tariffs on all U.S. imports on Friday. The announcement came during a long weekend ...
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