MNI BRIEF: China Can Leverage Procurement To Counter U.S.

China can offset the negative impact of U.S. tariffs by leveraging procurement towards domestic firms impacted by the duties, the Public Procurement Branch of the China Federation of Logistics and Purchasing said on Friday. 

The federation called on members to work with industry associations to identify candidate enterprises, noting that SOEs must embrace the responsibility of serving the nation’s greater good.

The proposal prioritises buying cutting-edge domestic equipment, core materials and services, the notice said.

The White House is warning China not to drive down the relative value of the yuan to support its large export market as President Donald Trump pursues an international trade regime change. (See MNI INTERVIEW: White House Warns China)