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China Daily / 2025-04 / 15 / Page001

Nation diversifying market amid global trade volatility

By Zhong Nan | China Daily | Updated: 2025-04-15 00:00
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China will step up market diversification and reduce reliance on the United States market, as Washington's volatile tariff policy has become a major source of global economic uncertainty, officials and exporters said on Monday.

The US' unwarranted imposition of tariffs has trampled on the legitimate rights of many countries and disrupted normal trade flows, they said, adding that these countries are now seeking to strengthen trade ties elsewhere to reduce their exposure to US-driven volatility.

Speaking at a news conference in Beijing, Wang Lingjun, deputy head of China's General Administration of Customs, said the country will continue working with partners such as the European Union and the Association of Southeast Asian Nations to deepen trade and economic cooperation and oppose the US' hegemonic practices.

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