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Story summary
- Chinese Premier Li Qiang said at the China Development Forum that China will pursue a balanced trade stance and boost imports of medical products, digital technologies, and low-carbon services.
- China posted a 2025 trade surplus of $1.2 trillion, raising concerns.
- The United States and China are in a truce after a trade war, though European Union (EU) tariffs could follow.
- The Iran war risks China's economy by squeezing manufacturing margins.
