Archive for the ‘China’ Category

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, 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, 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, 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 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 […]

Agricultural Exports, Brazil, China, News

November 25, 2024

Brazil is on the verge of securing a significant agreement with China to expand its pork exports, marking a major milestone in strengthening agricultural trade ties between the two nations. Following high-level discussions initiated during Chinese President Xi Jinping’s visit to Brazil, the deal is now in its final stages, with an official announcement expected […]

Bilateral Trade Relation, China, News

November 23, 2024

In a bold move signaling Uruguay’s proactive approach in global trade, President Luis Lacalle Pou has announced an initiative to fast-track free trade agreement (FTA) negotiations between Uruguay, China, and the Mercosur trade bloc. This announcement, made during a high-profile meeting with China’s Premier Li Qiang, has been widely reported in Chinese state media and […]

Brazil, China, News, Trade Relations

November 20, 2024

In a landmark state visit, Chinese President Xi Jinping and Brazilian President Luiz Inacio Lula da Silva have elevated the diplomatic and economic relationship between the two nations. This visit underscores the growing collaboration between China and Brazil, two of the world’s largest developing economies, with nearly 40 cooperation agreements signed across a broad range […]

The International Trade Council reports that China’s international trade council has formally approached the United States, urging a careful review of rules that either prohibit or restrict U.S. investments in China’s technology sector, as revealed by state television on Friday.   Last month, U.S. President Joe Biden signed an executive order that imposes bans or […]

In a significant step towards enhancing bilateral ties, Chinese President Xi Jinping and Indonesian President Prabowo Subianto have signed multiple cooperation agreements aimed at deepening collaboration in key sectors. These agreements, which include areas such as water conservation, maritime resources, and mining, signal a strengthened partnership between the two nations, with long-term trade and economic […]

China, International Trade, News

November 5, 2024

At the Hongqiao International Economic Forum in Shanghai on November 5, World Trade Organization Deputy Director-General Johanna Hill underscored the transformative potential of international trade in promoting global prosperity and resilience. Speaking at a session titled “China and 30 Years of the World Trade Organization: History and Evolution,” Hill praised the critical role of trade […]

In an exciting development for the automotive trade landscape, a prominent Chinese electric vehicle manufacturer is preparing to launch its first hybrid vehicle, set to debut in 2026, exclusively in international markets. This strategic move is designed to enhance global market presence and respond to increasing demand for versatile vehicle options, while navigating the complexities […]

China, International Trade, News

October 25, 2024

The European Union and China are taking significant steps toward enhancing their trading relationship through continued technical negotiations on electric vehicles (EVs). Both parties are exploring innovative alternatives to the tariffs set to be imposed on China-made EVs, with the aim of fostering a more cooperative and beneficial trade environment.   In a recent video […]

China, News, Trade and Export

October 19, 2024

In a significant move to bolster its trade framework, China has announced enhanced export control measures for dual-use items, following a decree signed by Premier Li Qiang. Set to take effect on December 1, 2024, these regulations aim to promote transparency and standardization within China’s export policies.   The new regulations will implement a permit […]

In a shifting landscape of global semiconductor manufacturing, Chinese companies specializing in chip-making equipment are witnessing a surge in demand, fueled by heightened restrictions on China’s semiconductor industry by the United States. Recent research indicates that domestic equipment manufacturers, including industry giants like Naura and AMEC, are securing a larger share of contracts from Chinese […]

China, International Trade, News

October 15, 2024

In a promising development for the global steel market, China has seen its steel exports soar to new heights in 2024, reaching an impressive 80.71 million tons in the first nine months. This represents a remarkable 21.2% increase compared to the same period last year and marks the highest export volume recorded in eight years, […]