China defends its economic policy favoring advanced industries over domestic consumption. This stance signals increasing confidence ahead of trade talks with Europe and the United States. Western nations view China's approach as mercantilist, pushing cheaper goods globally. China counters these claims, rejecting accusations of protectionism and unfair practices.

China sets non-negotiable red lines on tariffs, semiconductors, and development rights ahead of EU and US trade talks, with major implications

China defends its economic policy favoring advanced industries over domestic consumption. This stance signals increasing confidence ahead of trade talks with Europe and the…