China's Economic Strategy Amid Trade Tensions and Global Shifts; Copper and Coal Import Trends

China has commenced its key political and legislative sessions amid rising trade tensions with the U.S., triggered by new tariffs imposed by the Trump administration. Premier Li Qiang announced a 5% economic growth target for 2025, acknowledging global uncertainties and domestic economic slowdown. China plans to impose additional tariffs on some U.S. imports in response to similar measures by the U.S. Chinese Foreign Minister Wang Yi expressed that there are "more reasons than ever" for China and the European Union to maintain and strengthen their relationship, amid disagreements between Europe and the U.S. China's unwrought copper imports decreased by 7.2% year-on-year in the first two months of 2025, totaling 837,000 metric tons, due to increased domestic smelting capacity. Coal imports rose 2.1% year-on-year, with January-February imports reaching 76.12 million metric tons.