BEIJING (Reuters) -Chinese President Xi Jinping called on Wednesday for action to adjust to changes in the international environment as the country drafts economic plans for the next five years, state-run Xinhua reported.

A sharp pullback in China's export orders shows President Trump’s eye-watering tariffs are starting to squeeze the engine room of China’s economy, piling pressure on Beijing to boost its stimulus efforts.

American businesses are cancelling orders from China, postponing expansion plans and hunkering down to see what trade policy surprises President Donald Trump plans to spring on them next