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China to protect jobs, aid businesses as tariff risks loom

By MLex Staff ( April 25, 2025, 07:29 GMT | Insight) -- China is ramping up efforts to shield businesses from soaring US tariffs, rolling out measures to stabilize employment and mitigate economic strain as trade tensions persist. At today's economic meeting of the Politburo chaired by Chinese Communist Party leader Xi Jinping, China promised to increase rebates from unemployment insurance funds for companies "hit relatively hard by tariffs."China is ramping up efforts to shield businesses from soaring US tariffs, rolling out measures to stabilize employment and mitigate economic strain as trade tensions persist....

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