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Archive for the ‘China’ Category

China’s Wind Turbine Exports Poised for Significant Growth

China, International Trade and Export Trends, News

January 30, 2025

China’s wind turbine exports are set for remarkable expansion, with projections showing an increase from just under 10 GW over the past 12 years to more than 100 GW in the next decade. This strong growth reflects rising global demand for renewable energy and highlights China’s role in advancing sustainable technology.   With key markets […]

China’s Growing Influence in Global Trade Through Agricultural and Manufacturing Exports

Agricultural Exports, China, News

January 27, 2025

China’s expanding role in global trade continues to make a significant impact, with the country strengthening its presence in both agricultural exports and high-tech manufacturing partnerships. Through the success of its premium apple exports and its strategic manufacturing collaborations, China is demonstrating its commitment to driving economic globalization and fostering shared prosperity.   The success […]

China Requests WTO Panel to Review Turkey’s Electric Vehicle Measures

China, International Trade, News

January 27, 2025

At the recent World Trade Organization (WTO) Dispute Settlement Body (DSB) meeting on January 27, 2025, China formally requested the establishment of a dispute panel to examine measures adopted by Turkey regarding electric vehicles (EVs) and certain other types of vehicles imported from China. This request follows consultations in November 2024 that were unable to […]

China’s Fruit Exports Thrive, Strengthening Regional Trade Relations

Agricultural Exports, China, News

December 15, 2024

China’s fruit export industry continues to flourish, showcasing substantial growth and reinforcing the country’s role as a major player in global agricultural trade. The consistent demand from international markets, particularly across Southeast Asia, reflects the growing importance of cross-border trade in supporting regional economies.   Southeast Asian markets remain key destinations for Chinese fruits, with […]

China’s Foreign Minister’s Visit to Australia Signals Potential Trade Developments

Australia, China, News, Trade Relations

December 6, 2024

In a notable development for international trade relations, China’s Foreign Minister Wang Yi is slated to visit Australia next week, as confirmed by Prime Minister Anthony Albanese. This visit holds significance as it hints at potential advancements in trade relations between the two countries, which have experienced strained ties in recent years.   During a […]

China Vows to Strengthen Economic and Trade Ties with Egypt

Bilateral Trade Relation, China, Egypt, News

December 5, 2024

In a recent statement, China’s Ministry of Commerce affirmed its commitment to deepening economic and trade collaboration with Egypt. Minister Wang Wentao conveyed China’s eagerness to bolster relations and reiterated the nation’s support for Chinese enterprises seeking to invest and establish operations in Egypt.   During a meeting with the Egyptian Prime Minister held on […]

EU Urges China’s Active Participation in WTO Reform Talks

China, Europe, International Trade, News

December 5, 2024

In a bid to reform global trade rules within the World Trade Organization (WTO), the European Union’s trade chief, Valdis Dombrovskis, has emphasized the critical need for China to engage constructively in discussions. Dombrovskis warned that without China’s involvement, other nations may implement policies that could disadvantage China.   Ministers from the WTO’s 164 members […]

China Eastern Airlines Fuels Chilean Cherry Export Boom, Strengthens Trade Ties with China

Agricultural Exports, China, News

December 4, 2024

The strong partnership between Chile and China continues to thrive, with China Eastern Airlines at the forefront of facilitating agricultural trade. During the Chile Week event in Beijing, the growing demand for Chilean cherries in China took center stage, highlighting a remarkable success story in global trade.   In 2023, Chile’s forestry and agricultural exports […]

China’s Auto Exports Surge by 47.4% in January

China, International Trade, News

December 3, 2024

In an impressive display of growth, China’s automobile exports experienced a substantial increase of 47.4% year-on-year in January of this year, according to industry data released by the China Association of Automobile Manufacturers.   During the period, a total of 443,000 vehicles were exported, showcasing China’s robust performance in the global automotive market. Among these […]

Mexico Surpasses China as Top Source of US Imports

China, Mexico, News, Trade Relations

December 3, 2024

In a significant shift, Mexico has emerged as the leading source of goods imported to the United States, surpassing China for the first time in over two decades. This trend underscores evolving dynamics in global trade relations, influenced by tensions between Washington and Beijing and a growing preference for sourcing from countries closer to home. […]

South Korea’s Exports Surge in January, Fueled by Chip Sales and China Rebound

China, Economic Development, News, South Korea

December 3, 2024

South Korea’s trade-reliant economy started 2024 on a positive note as exports rose for the fourth consecutive month. The surge in sales to China and the significant increase in chip shipments, the largest in six years, contributed to this boost.   January’s trade data indicated the favorable momentum, complemented by a national factory activity survey […]

China Opens Doors to Irish Breeding Pigs, Bolstering Agricultural Trade

Agricultural Trade, China, News

December 2, 2024

In a significant development for international trade, China has officially granted permission for the importation of breeding pigs from Ireland, effective as of February 1st, as announced by Chinese customs. However, it’s worth noting that these shipments are contingent upon Ireland meeting stringent animal health criteria.   To maintain the safety and well-being of livestock, […]

China’s Commodity Import Surge Conceals Underlying Complexities

China, Energy Trade, News

December 2, 2024

China witnessed remarkable increases in the import of crucial commodities such as crude oil, coal, and iron ore in 2023, signaling a significant upswing in demand. While these record-breaking figures are touted as a testament to China’s economic strength, a more nuanced examination reveals intricate factors prompting experts to question the depth of the economic […]

China’s Factory Activity Growth Reaches 5-Month High, Boosting Optimism for Global Trade

China, Manufacturing, News

December 1, 2024

China’s manufacturing sector showed strong improvement in November, with factory activity expanding at the fastest pace in five months. According to the Caixin/S&P Global Manufacturing Purchasing Managers’ Index (PMI), the index rose to 51.5, up from 50.3 in October, marking the highest level since June. This positive trend signals a solid rebound in China’s manufacturing […]

China’s Manufacturing Sector Shows Modest Expansion in November

China, Manufacturing, News

November 28, 2024

China’s manufacturing activity is expected to continue its modest growth in November, marking the second consecutive month of expansion. Following a series of stimulus measures designed to bolster the world’s second-largest economy, the official Purchasing Managers’ Index (PMI) is projected to rise to 50.2, slightly higher than October’s reading of 50.1. A PMI above 50 […]

China’s Exports Set to Achieve Record High in 2024, Strengthening Global Trade

China, International Trade and Export, News

November 25, 2024

China’s export sector is poised for a record-setting year in 2024, with experts predicting a 7% growth in the final quarter compared to the same period last year. This growth is expected to bring China’s total exports to a historic $3.5 trillion, surpassing the previous record set in 2022.   The surge in exports is […]

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