China is prepared to take measures and has a "plentiful" toolbox to avoid an economic slump in the second half of the year, its commerce minister said Friday as he admitted it faced a "very severe and complex situation".

China wants to bring commercial ties with the United States back to a state of healthy and sustainable development, Commerce Minister Wang Wentao said on Friday, calling on the U.S. to behave in a way that befits its major country status.

The China–Malaysia visa exemption agreement took effect on July 17, 2025, allowing visa-free entry for passport holders of both countries.

While the drug was not mentioned publicly after earlier negotiations, recent comments suggest the topic could come back into the spotlight.

How, then, to explain the resilience of China’s exports in the turmoil of the global trade war? Some companies have been “front-loading”, or shipping extra goods to America, on fears that the truce will not hold and levies will increase further later.

Commerce minister Wang Wentao states that the government is preparing policies to further stimulate consumption.

Looming U.S. tariffs, together with a real estate market slump feeding into weakening consumer confidence, saw China's GDP growth slow in the second quarter.

China has reported that its economy slowed in the last quarter as President Donald Trump's trade war escalated, but it still expanded at a robust 5.2% pace.

Official figures showed modest growth in the second quarter as exports shifted to other countries and Beijing invested in manufacturing and infrastructure.

China’s economy is growing, but cracks are showing. Behind its GDP growth lies deflation, falling home values, and fading consumer confidence. This article explains why the recovery may not last.