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Archive for the ‘China’ Category

Spain and China Urged to Strengthen Trade and Investment Ties

China, International Trade, News, Spain

January 29, 2024

Spain and China Urged to Strengthen Trade and Investment Ties. Representatives from over a hundred Chinese and Spanish businesses, along with officials including China’s Ambassador to Spain, Yao Jing, convened in Barcelona to explore avenues for boosting trade and investment between the two nations.   Wang Bo, General Manager of China Construction Bank in Europe, […]

China’s Ambitious Plans to Expand Global Free Trade Agreements in 2024

China, International Trade, News

January 29, 2024

China is setting its sights on an ambitious plan to further expand its global network of high-standard free trade areas (FTAs) in 2024, building on the remarkable progress it has made in negotiating FTAs over the past year. Chinese Vice Commerce Minister Wang Shouwen has unveiled these intentions, highlighting the country’s commitment to increasing openness […]

Japan Experiences Robust 10% Surge in Exports Boosted by Auto Demand and Revived Trade with China

China, International Trade, Japan, News

January 24, 2024

In a positive turn of events, Japan’s exports witnessed a remarkable surge of nearly 10% in December compared to the previous year. This substantial growth was attributed to a revival in trade with China and a robust demand for vehicles, machinery, and computer chips.   Preliminary customs data released on Wednesday revealed a notable trade […]

China Celebrates Resilient Rebound in Australian Coal Imports, Marking Positive Shift in 2023

Australia, China, Energy Trade, News

January 19, 2024

In a significant development, China experienced a notable rebound in coal imports from Australia throughout 2023, marking a positive shift following a nearly two-year ban. However, import levels remained below those observed in the pre-ban era, as Australia worked to regain market share amid stiff competition from other countries.   According to customs data, China […]

U.S. and China Foster Economic Dialogue with Commitment to Regular Meetings

China, International Trade, News, United States

January 19, 2024

In a positive development, officials from the U.S. Treasury and Chinese finance authorities concluded their meetings in Beijing this week, affirming their commitment to ongoing regular engagements, as announced by the Treasury Department on Friday.   The statement highlighted that U.S. officials expressed Secretary Janet Yellen’s anticipation of a return visit to China at an […]

Georgian Dream Leader Strengthens Bilateral Ties in Key China Visit

China, International Trade, News

January 15, 2024

In a strategic move to enhance diplomatic relations, Irakli Kobakhidze, the leader of Georgia’s ruling party and chairman of the governing Georgian Dream bloc, embarked on a six-day visit to China on Monday. Initial reports from Georgian media highlighted his significant meeting with the head of the Chinese Communist Party’s International Department.   Kobakhidze stressed […]

China and Switzerland Strengthen Trade Ties with New Declaration

China, International Trade, News, Switzerland

January 15, 2024

In a notable effort to strengthen their partnership, China and Switzerland have formalized a joint declaration, signifying a mutual commitment to deepen collaboration. Premier Li Qiang, the most senior Chinese official to visit Switzerland since President Xi Jinping’s 2017 trip, engaged in discussions with Swiss President Viola Amherd and a distinguished Chinese delegation ahead of […]

China-Switzerland Breakthroughs in Free Trade and Visa Policies Strengthen Bilateral Ties

China, International Trade, News, Switzerland

January 15, 2024

In a significant diplomatic stride, China and Switzerland have expedited discussions to enhance their e   On Monday, Bern and Beijing reached a consensus to promptly initiate formal negotiations aimed at expanding their free trade agreement, which has been in effect since 2013. Notably, China has also committed to granting visa-free entry for Swiss citizens, […]

China Surges Ahead to Potentially Claim Title of World’s Leading Auto Exporter

Automotive Industry, China, News

January 14, 2024

In a groundbreaking development, the Chinese car industry is poised to surpass Japan and emerge as the world’s largest auto exporter, according to the Chinese Passenger Car Association (CPCA). The CPCA reveals that prominent automakers like BYD Auto and Chery are experiencing a surge in overseas sales, contributing to a remarkable 62% increase in Chinese […]

Egypt and China Collaborate to Ensure Safety and Security in Red Sea Navigation

China, Egypt, International Relations, News

January 14, 2024

In a joint statement released on Sunday, Egypt and China underscored their commitment to closely monitoring developments in the Red Sea with a primary focus on ensuring the safety and security of navigation. The joint declaration highlighted both nations’ shared concerns regarding the expanding conflict in the region and emphasized the crucial need to address […]

China’s Citrus Sector Flourishes, Navigating Global Competition with Robust Domestic Growth

Agricultural Trade, China, News

January 12, 2024

China’s domestic citrus production is on an upward trajectory, fueled by favorable weather conditions and successful replanting efforts that have addressed previous challenges such as citrus greening disease. According to a recent USDA report, the country’s citrus sector is poised for continued growth in the 2023/24 period (12 months to October 31, 2024).   The […]

China Breaks Records with Crude Oil Imports in 2023

China, International Trade, News

January 12, 2024

China’s annual imports of crude oil reached an unprecedented high in 2023, marking a significant recovery in fuel demand from the post-pandemic decline. According to data from the General Administration of Customs (GACC), China imported 563.99 million metric tonnes of oil last year, equivalent to an average of 11.28 million barrels per day, representing an […]

Maldives Seeks Closer Economic Ties with China Amidst Shifting Alliances

China, Geopolitics, News

January 9, 2024

In a bid to strengthen economic partnerships, Maldivian President Mohamed Muizzu is fostering ties with China, marking a notable shift away from traditional ally India. The “Invest Maldives” forum held in Fuzhou, a key city on China’s maritime Silk Road, showcased the President’s commitment to bolstering bilateral relations.   President Muizzu, who assumed office in […]

Vietnam Sees Expanding Opportunities for Fruit and Vegetable Exports to China

Agricultural Trade, China, News, Vietnam

January 8, 2024

In a promising development for Vietnamese agriculture, the Department of Agriculture is actively working towards expanding the export of agricultural products, particularly fruits and vegetables, to the Chinese market. Several protocols have been signed between Vietnam and China, paving the way for increased official exports of various produce.   At the close of 2023, Vietnam […]

Nicaragua and China Forge New Economic Ties with Commencement of Free Trade Agreement

China, International Trade, News

January 1, 2024

In a significant step towards deepening economic collaboration, Nicaragua and China officially initiated trading under a new free trade agreement on Monday. This landmark agreement grants the Central American nation the opportunity to export approximately 71% of its products to the largest Asian market without facing tariffs.   State media reports reveal that the exported […]

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