China, Economy and Trump
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Chinese state firm employee Zhang Jinming makes up for a 24% cut to his salary by delivering food for three hours every night after work and on weekends - and hopes he can avoid awkward encounters with colleagues.
China’s economy is officially expanding. GDP rose 5.2% in the second quarter of 2025, slightly above expectations. Retail sales jumped 6.4% in May. Exports have gained short-term momentum thanks to the recent trade deal with the United States.
At the Beijing Expo, Jensen Huang also announced plans for a new chip for Chinese clients that is designed for robotics and smart factories.
China has reported that its economy slowed in the last quarter as President Donald Trump's trade war escalated, but it still expanded at a robust 5.2% pace.
U.S. President Donald Trump ratchet up tariffs on Chinese imports to a prohibitive level of 145%, spurring a round of stimulus measures from Beijing.
China's trade surplus surged in June, which analysts have attributed to exporters rushing to ship products before U.S. tariffs recommence.