At a closely-watched keynote speech at the the Boao Forum for Asia, Chinese President Xi Jinping said China will significantly lower import tariffs for vehicles and reduce import tariffs for some other products this year. But he also warned against returning to a “Cold War mentality” amid trade disputes with US President Donald Trump. Tommy Xie, economist and Head of Greater China Research at OCBC Bank, weighs in on the impact of China's recent moves in trade policy.

<p>At a closely-watched keynote speech at the the Boao Forum for Asia, Chinese President Xi Jinping said China will significantly lower import tariffs for vehicles and reduce import tariffs for some other products this year. But he also warned against returning to a &ldquo;Cold War mentality&rdquo; amid trade disputes with US President Donald Trump.&nbsp;Tommy Xie, economist and Head of Greater China Research at OCBC Bank, weighs in on the impact of China's recent moves in trade policy.</p>

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