https://www.taxtmi.com/news?id=35896 Tariff escalation is the central policy driver at China's annual legislative sessions, with new US tariff threats and reciprocal measures expected to depress foreign trade and complicate attainment of growth targets. Concurrently, legislative deliberations will consider potential increases in the defence budget amid intensified strategic competition, while domestic policy measures aim to counter economic slowdown, address widening wealth inequality, and restore private-sector confidence through engagement with corporate leaders. en-us Mon, 03 Mar 2025 16:46:03 +0530 Mon, 03 Mar 2025 16:46:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=35896 Tariff escalation is the central policy driver at China's annual legislative sessions, with new US tariff threats and reciprocal measures expected to depress foreign trade and complicate attainment of growth targets. Concurrently, legislative deliberations will consider potential increases in the defence budget amid intensified strategic competition, while domestic policy measures aim to counter economic slowdown, address widening wealth inequality, and restore private-sector confidence through engagement with corporate leaders. News - Mon, 03 Mar 2025 16:46:03 +0530 https://www.taxtmi.com/news?id=35896