1.The impact of the US election results on China's papermaking industry is included in the overall economic impact. The economic impact is multifaceted, involving trade, financial markets, policies, international environment and other fields. The following are several major aspects of the impact: 1. Trade policy Tariff policy: The Trump administration has imposed a number of high tariffs on China during its term. The increase in tariffs on China's papermaking industry started with Trump. Although the Harris administration also imposed tariffs on China, it was relatively mild.
2. Financial market stock market performance: Goldman Sachs strategists expect that China's stock market will rise within 2-3 months after the US presidential election.
3. Economic policy Fiscal policy: Trump promised to cut government spending, but it may be difficult to achieve in actual operation.
4. International relations geopolitics: Trump's foreign policy is relatively isolationist, which may have a certain impact on China's strategic space in the international arena.
But China's economic resilience and the government's response measures will help alleviate these negative impacts. Regardless of who is elected, the US policy toward China will not change much.