US & China

Xi Vows to ‘Fully Unleash’ Consumption in Face of Trump Tariffs

Shoppers on Nanjing East Road in Shanghai.Photographer: Qilai Shen/Bloomberg
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Chinese President Xi Jinping has called for strengthened efforts to “fully unleash” the country’s consumption potential to spur growth amid a tariff war with the US.

The Chinese leader said revitalizing consumption, expanding domestic demand and enhancing investment efficiency are on top of the country’s agenda, state-run broadcaster China Central Television reported on Monday, without specifying when and where he made those comments.