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China's exports have shifted, with the U.S. now accounting for less than 15% of total exports, down from nearly 18% in the 2010s. As Donald Trump threatens to impose higher tariffs, analysts expect China to respond with significant fiscal stimulus, potentially exceeding 10 trillion yuan, to bolster its economy amid a real estate slump and sluggish consumer spending. The upcoming National People's Congress meeting is seen as a critical moment for these economic strategies.
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