Why 500% Tariffs Are Just Noise for China’s Economy, According to Top Analyst
Renowned economist Zheng Yongnian just dropped a reality check for global markets: whether tariffs are 60% or 500%, they’re unlikely to derail China’s economic momentum. In a candid chat with CGTN, the dean of the School of Public Policy at the Chinese University of Hong Kong (Shenzhen campus) argued that years of trade tensions have transformed China into a ‘fortress of resilience’—ready to weather any storm. 💪
‘Tariffs Won’t Move the Needle’
Zheng’s bold take? Extreme tariffs are more about political theater than economic strategy. ‘The numbers look scary, but China’s export engine isn’t that fragile,’ he explained, pointing to expanded trade partnerships and homegrown tech breakthroughs as game-changers.
From Trade Wars to Economic Evolution
After eight years of navigating tariffs and tensions, Zheng says China’s economy has leveled up. Think: smarter policies, stronger domestic markets, and a laser focus on innovation—like EV giants outpacing global rivals. 🔋🌍
‘Resilience isn’t built overnight,’ he added, ‘but when the world zigged, China zagged—and it’s paying off.’
