Premier Li Says China Won't Devalue Yuan to Boost Exports

Premier Li Says China Won't Devalue Yuan to Boost Exports

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Business, Social Studies

University

Hard

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Li Keqiang's keynote at the World Economic Forum in Tianjin focused on major trade themes, including criticism of unilateralism, particularly targeting the U.S. under Trump's administration. He emphasized that currency devaluation is not beneficial and reiterated China's commitment to opening its markets and ensuring a level playing field for foreign companies. Li also highlighted China's status as a developing nation under WTO rules, which has been a point of contention with the U.S.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

In what context did Li Keqiang mention China's status as a developing nation?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What criticisms did Donald Trump have regarding China's position in the WTO?

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