China has taken a significant step in its global cooperation strategy by implementing zero tariffs from December 1 2024 for products from least developed countries (LDCs).
by Insurgente.org on 13th December 2024 via thefreeonline at https://wp.me/pIJl9-FbM Telegram t.me/thefreeonline
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The Chinese relief measure, which covers all tariff lines, applies to countries with a per capita income of less than $1,018 and with which it maintains diplomatic relations.
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In practice, this policy benefits more than 30 nations, mainly African, and seeks to promote economic development by facilitating the access of their products to the vast Chinese market.
In addition, it highlights China’s position among emerging economies in promoting more equitable trade. China has long experience in rescuing 800 Million of its own citizens from dire poverty.
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The response of the beneficiary countries has been positive. Companies in sectors such as agriculture and manufacturing have expressed their intention to increase their exports to China, taking advantage of this opportunity to diversify their production and strengthen their internal economies.
In a global context marked by protectionism, this policy follows the line of mutual development of other previous measures such as the establishment of trade agreements under the Belt and Road Initiative.
According to experts, this measure also favors China’s influence in strategic regions and reinforces its role as a key player in shaping international trade.
In contrast, the United States, under the leadership of President-elect Donald Trump, has adopted an opposite strategy by announcing the possible application of 100% tariffs to countries that challenge the scam of forced use of the dollar to trade.
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This protectionist policy contrasts with China’s inclusive approach, which seeks to integrate less favored countries into the global economy.
While Trump seems to opt for a more unilateral and confrontational vision, China positions itself as a promoter of joint growth, highlighting the fundamental differences in the strategies of the two main economies in the world.
Venezuela/China trade explodes while USA openly threatens a Coup in Venezuela on top of dragonian Sanctions
by @PBolivariana Source: insurgente.org translation thefreeonline
CARACAS (Sputnik) — Venezuela received more than $3 billion in imports from China in 2024, the director of the China-Venezuela Chamber of Commerce and Industry, Angel Freytez, said on December 10.
“We are receiving more than $3 billion in Chinese imports to Venezuela, and we are exporting more than $700 million to China,” Freytez said in an interview with local radio station Unión Radio. X …
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He also highlighted that there was an increase in non-traditional Venezuelan exports to China and the increase in Chinese investments in this Caribbean nation.
Freytez highlighted that these are investments in the automotive, agri-food and telecommunications sectors.
«There are brands and investments that are being made in Venezuela that are having an impact on the national and international economy,» he commented.
Without offering impartial evidence the US and its proxies still refuse to accept the Venezuelan state socialist election victory and multiply sanctions.
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1 day ago ..Palmieri threatened Maduro, who has led Venezuela since 2013, must recognise his US backed rival Edmundo Gonzalez as the actual winner of the election before January 10, when the presidential inauguration ceremony is due to take place……
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Great work!!. There’s a big question however, regarding China’s “Society Model”, and it concerns “Social credit systems”, “Digital programable currency” (CBDC), and basically TOTAL control of it’s population. I wonder, if China’s gifts to the porr countries, will eventually come with some on the above “attached”.
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