[Capture News] Trump's Return to China for 'Fatal Hit'... "3,000 trillion". Do I have to put it in urgently?

Chinese President Xi Jinping went on a local economic inspection on the day of the U.S. presidential election.

As soon as former President Donald Trump confirmed his election, he sent a congratulatory message.

The point was, in a nutshell, "Let's not fight."

He first raised his hand to manage differences by increasing dialogue and communication.

[China's state-run CCTV report: President Xi Jinping points out that history shows that helping benefits both, and fighting hurts everyone]

But Trump has vowed a 60% tariff bomb on Chinese goods, heralding a second trade war.

As of last year, a tariff barrier will be established in the United States, which accounts for $500 billion and 15% of China's total exports.

Following a slump in domestic consumption and a decline in foreign direct investment (FDI), the red light has been turned on in the Chinese economy's tricycle.

Macquarie Group, a global financial firm, also analyzed that China's economic growth rate could be reduced by 2 percentage points.

[Maoning / Chinese Foreign Ministry Spokesperson: In principle, I want to reiterate that there are no winners in a trade war, and it is not beneficial to the world.]

Now, the public's attention is on the scale of the "Chinese version of the supplementary budget," which has been delayed since the U.S. presidential election.

Some argue that Trump's return requires a stronger fiscal injection than during the 2008 global financial crisis.

This means that since 4 trillion yuan, which was 13% of GDP at the time, was invested to stimulate the economy, more than 16 trillion yuan and 3,000 trillion won are needed this time.

I'm Kang Jeong-gyu from Beijing.

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Filming | High Light
Design | Lee Wonhee
subtitle news | Lee Mi-young


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