China's Fighting Words On Trump's Tariffs - World Economic Order Has Been Severely Damaged -

China stats bureau deputy head:

Protectionism is rapidly rising globally, world economic order has been severely damaged
Resolutely opposes US tariffs which are against economic rules, WTO rules
High US tariffs will bring about some pressures on China’s trade and economy
US tariffs will not change the long-term improving trend in China’s economy
China has ‘rich’ policy toolkit to support the economy
China is able, has confidence in dealing with external challenges and achieving economic growth target
China stats bureau deputy head: macro economic policies will become more proactive this year

Earlier:

China Industrial Output March 2025 surges to +7.7% y/y (expected 5.8%, prior +5.9%)
China Q1 GDP +1.2% q/q (expected +1.4%)
Tesla’s plans to ship Cybercab & Semi electric truck parts from China to US suspended
Hong Kong suspends postal service for good bound for US – refuses to collect tariffs
U.S. plans to use tariff negotiations to isolate China (Wall Street Journal piece)

This article was written by Eamonn Sheridan at www.forexlive.com.