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Chinese Ambassador to PNG, Yang Xiaoguang, stated that the trade constraints wouldn't hinder worldwide development but rather present new alternatives for international financial engagement.
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PM Marape described the tariff increases as a "major world celebration" with significantly-reaching implications instead of a minor adjustment in Intercontinental trade dynamics. He emphasised the imposition of tariffs exceeding 200% by the whole world’s most significant financial system on its closest rival, as well as other nations, has sent shockwaves in the world wide buying and selling method.
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Talking on bilateral relations, Yang highlighted that trade involving China and PNG surpassed K17.8 billion, with PNG protecting a trade surplus of in excess of K7.5 billion. He attributed this beneficial pattern into the deepening partnership amongst the two nations underneath mutual respect and financial fairness.