"China to Hold High-Level Meeting to Discuss Tariff Countermeasures"

Son Min

Summary

It was reported that "China is expected to hold a high-level meeting as early as today to respond to the U.S. imposition of a 104% tariff."
Chinese authorities announced plans to discuss countermeasures against U.S. tariffs and financial market stabilization measures at this meeting.
It was added that China's top leaders and senior officials from the People's Bank of China and government agencies are expected to attend.

Amid the United States imposing a 104% tariff on Chinese imports, it has been revealed that China is expected to hold a high-level meeting as early as today (local time) to discuss countermeasures against the U.S. tariffs.

On the 9th (local time), Reuters quoted informed sources saying, "China's top leaders plan to hold a meeting as early as Wednesday (today) to discuss stimulus measures related to U.S. tariffs." Furthermore, discussions on financial market stabilization measures are also expected to take place.

The media reported, "Senior officials from government agencies such as the People's Bank of China (PBOC), the Ministry of Finance, and the Ministry of Commerce will attend," adding that "the Chinese authorities are expected to report some of the meeting's content to stabilize the market and restore confidence."