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Xi Woos Global Business Leaders as Trump Intensifies Trade War

Chinese President Xi Jinping is actively engaging with global business leaders to bolster China's economy amidst escalating trade tensions with the United States, where former President Donald Trump has intensified his anti-China rhetoric. At the China International Import Expo in Shanghai, Xi promised to further open China's markets, reduce restrictions on foreign manufacturing, and enhance intellectual property protections to attract more foreign investment. This outreach comes as Trump, who has been vocal about imposing higher tariffs on Chinese goods if re-elected, continues to criticize China's trade practices. Meanwhile, current U.S. President Joe Biden has maintained some of Trump's tariffs but has also sought to stabilize relations with China. Xi's efforts are part of a broader strategy to counteract the economic pressures from the U.S. and to reassure international businesses of China's commitment to global trade and economic cooperation.

Read the Full Bloomberg Article at:
[ https://www.msn.com/en-us/money/markets/xi-woos-global-business-leaders-as-trump-intensifies-trade-war/ar-AA1BOxuQ ]