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The Economic Times

Top News / The Economic Times

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China expands economic pressure tools in US rivalry ahead of TrumpXi summit

China is building new economic pressure tools against the United States. Beijing has enacted laws to punish foreign firms shifting supply chains. It has also tightened rare earth licensing and banned foreign AI chips. These actions signal a strategic move to counter U.S. measures. China aims to defend its interests and expand its influence.

27 Apr 2026 8:16 am