Three rounds of US trade wars have dramatically penalized world economies, particularly the United States. While China cannot avoid the tariff impact, the economy is currently on track for recovery.

After the government’s stimulus measures started in September and intensified in November, their impact has kicked in. At the time, such signs were shot down by the US Council for Foreign Relations ranting on “Who killed the Chinese economy?” They were seconded by editors pledging “there is no end in sight to [China’s] problems.”

In reality, the rally in Chinese stocks since the start of the year led investors to predict that mainland shares will outperform their American peers. In March, CNBC reported quoting analysts, “valuations in China look attractive while concerns are growing about the state of the U.S. economy.”

Recently, these worries are escalating as a result of the US trade wars. In just three months, the bullish US markets have been undermined by the bullyish White House.

In the fourth quarter of 2024, China’s economic growth accelerated from 4.6% to 5.4% with annualized 5.0% last year. Before the US tariff wars, China’s economy showed increasing signs of stabilization. Hence, too, the International Monetary Fund’s (IMF) upgrade of China’s GDP growth.

In February, Chinese President Xi Jinping fostered new confidence in economic prospects by speaking at a high-level private sector symposium with China’s tech leaders. In........

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