China Announces Stimulus Measures Ahead of US Trade Talks

China has announced a series of new stimulus measures, including cutting interest rates and reducing bank reserve requirements, to bolster its economy amid ongoing trade tensions with the U.S. These policies aim to increase funding for lending, support factory upgrades, drive innovation, and boost service sectors like elder care. The measures come as both economies are showing signs of strain from high tariffs and weaker export orders, with the U.S. economy contracting and China's growth figures under scrutiny. High-level trade talks are set to take place in Switzerland, but both sides remain publicly firm on not compromising over tariffs. Economists note that the talks could either stabilize fragile confidence or escalate the trade conflict further. China is also offering targeted assistance such as increased stock market access for insurers, tariff relief, and new lending tools for technology and small businesses.