China vows to ‘expand’ trade ties as leaders turn cautious on economy

Politburo calls for accelerated infrastructure spending to meet growth target as global headwinds mount Beijing has turned more cautious on its growth outlook for second half of 2026, betting on bond funding and infrastructure spending to keep the economy ticking. © Reuters SHANGHAI — China's top decision-making body on Thursday vowed to expand trade ties, while striking a more cautious tone on the domestic economy in the face of crisis in the Middle East and trade tensions with major trading partners.

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