Xi Has $3.65 Trillion Fiscal War Chest to Counter Trump Tariffs
Gantry cranes operate next to shipping containers at Kwai Tsing Container Terminal, operated by Hong Kong International Terminals Ltd. (HIT), a unit of CK Hutchison Holdings Ltd., in Hong Kong, China,(Photographer: Paul Yeung/Bloomberg)

Xi Has $3.65 Trillion Fiscal War Chest to Counter Trump Tariffs

(Bloomberg) -- Beijing’s main defense against trade-war fallout this year is more likely to come from the finance ministry than the central bank, no matter what President Donald Trump says.
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