China's Economic Model and Trade War: A Global Perspective =============== #96a123da ver:1.55 President Biden's increased tariffs on Chinese goods, including electric vehicles, highlights concerns about China's unfair competition and excess capacity. China's economic model prioritizes producers over consumers, limiting domestic spending and inviting trade disputes. Critics argue that this model promotes protectionism and undermines global stability. The ongoing trade war between China and the US reflects these tensions, with both countries imposing tariffs. #China #TradeWar #EconomicModel... #newstr #China #TradeWar #Tariffs #EconomicModel #XiJinping #Protectionism #GlobalEconomy https://here.news/story/96a123da?ver=1.55