Strategy for growth through multilateralism
According to Reuters, China is actively promoting about 20 new trade agreements with the EU, Gulf countries and Canada to offset the effect of U.S. duties and strengthen its presence in global trade. Beijing is succeeding in transforming trade barriers into incentives for deeper economic integration.
As part of this strategy, tentative agreements have been reached with Canada, including a sharp reduction in tariffs on Chinese electric cars, a move that is seen as a precedent for subsequent agreements.
Chinese officials have emphasized that Beijing’s course is focused on strengthening mutual economic ties. In a recent commentary, a Chinese Foreign Ministry spokesman said, “The essence of China-U.S. trade and economic relations is mutual benefit and win-win,” calling for stability and predictability in international trade.
Impact on the global economy
Experts say China’s adaptation to U.S. trade barriers could change traditional roles in the global economy. Trade between the U.S. and China has declined in 2025, and shipments of Chinese goods to the U.S. have fallen by nearly a third.
For companies and financial markets, this means Beijing could play an important role in shaping new multilateral trade rules. Analysts believe that moving away from dependence on one major market creates a more sustainable platform for China’s exports and investment in the coming years.
