China Boosts Stimulus, Plans US Trade Talks Amid Tariff Strains

China introduced fresh stimulus packages on Wednesday to fight against economic impacts from President Donald Trump's tariffs before the upcoming trade negotiations. The central bank will implement interest rate reductions and bank reserve requirement adjustments to enhance lending operations and provide additional funding for factory modernization and elder care programs. The export-based Chinese economy faces dual challenges from Trump's 145% tariffs on imports and its existing property market decline. The Chinese government responded by imposing 125% tariffs on US imports while stopping almost all American farm product acquisitions. The Geneva meeting will bring together US Treasury Secretary Scott Bessent and Trade Representative Jamieson Greer with Chinese Vice Premier He Lifeng for discussions. The Foreign Ministry spokesperson Lin Jian stated that China will not be influenced by pressure or coercion while maintaining its strong position. The stimulus package from ANZ Research economists functions as a protective policy measure for exporters during China's extended trade negotiations. The two nations continue to show no signs of compromise yet the ongoing talks indicate potential opportunities to reduce their tensions.