China Pledges Countermeasures to Trump's Trade War Escalation

The transcript discusses the potential retaliation by China in response to US tariffs, highlighting the surprise in the trade talks' progress. It examines the impact on the Chinese economy, noting the existing downward pressure and the trade war's effects. Despite challenges, China has policy options to maintain growth, such as encouraging lending and investing in infrastructure.

What was the response from the Foreign Ministry regarding the trade talks?

How did the recent trade talks differ from previous discussions?

What are the potential effects of tariffs on the Chinese economy according to the speaker?

What measures can the Chinese government take to support its economy?

What is the current growth range that the Chinese government aims to maintain?