China has strongly condemned a new threat by US President Donald Trump, who announced his intention to impose an additional 50% tariff on Chinese goods. Chinese Foreign Ministry spokesman Lin Jian said on Tuesday that if the United States continues to provoke a tariff and trade war, China "will fight to the end". He described the US approach as unilateral protectionism and economic intimidation that violates WTO rules and threatens global stability.
At the same time, the Chinese Ministry of Commerce called the planned tariffs a "mistake upon mistake" and called on the United States to cancel all unilateral measures. It stressed that a solution should be sought through equal dialogue and mutual respect.
In an effort to boost investor confidence and stabilise the domestic capital market, Chinese state-owned companies and institutions have taken coordinated measures. Four major state-owned investment groups - Central Huijin, China Chengtong, China Guoxin and CETC - have announced increases in their investments in exchange-traded funds (ETFs) and technology and state-owned enterprises.
Central Huijin promised to actively intervene in market fluctuations as well as a broader and more balanced investment strategy. The People's Bank of China has declared its support for these steps and stands ready to provide additional refinancing. At the same time, the National Financial Regulatory Administration announced an increase in the limit for insurance companies' investment in the stock market.
Overall, these measures send a strong signal from Chinese policymakers: that China is committed to defending its rights on the international stage while stabilizing and developing its capital market through long-term support and coordinated action.
