China Plays for Time in Trade War With Subtle Shift in Rhetoric
- China’s key commerce ministry avoids giving retaliation detail
- Beijing may be moving away from tit-for-tat measures: analyst
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Officials in Beijing appear to be toning down their responses to Donald Trump’s tariff threats, amid a slowing economy, a falling stock market and a weakening currency.
Evidence of the shift continued Thursday when the Commerce Ministry held off detailing how it plans to retaliate against Trump’s latest threat to impose tariffs on $200 billion worth of Chinese-made goods.