Guess what? China and the United States have some exciting news! 🌟
In early May, leaders from China and the US met in the beautiful city of Geneva, Switzerland. 🏞️ They had important talks and reached a positive agreement. What’s even better? They’ve decided to cut tariffs! 🎉
But what does that mean? 🤔 Well, tariffs are like taxes that countries put on goods from other countries. When tariffs are high, things can get more expensive. By cutting tariffs, it means that buying and selling between China and the US can become easier and cheaper! 🛍️
On a show called BizTalk, two experts shared their thoughts. Oliver Oehms, who works with businesses in China, and Denis Depoux, a global managing director, talked about how these changes might help China’s economy grow even more. 📈 They also discussed how foreign companies can invest more in China now.
They chatted with CGTN hosts Michael Wang and Zheng Junfeng about the bright future ahead. It looks like teamwork between countries can really make a big difference! 🤝
Reference(s):
BizTalk: Foreign institutions on China's economic resilience
cgtn.com
