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Archive for the ‘China’ Category

New Zealand Prime Minister Plans Visit to China to Bolster Trade Relations

China, New Zealand, News, Trade Relations

March 18, 2024

In a bid to strengthen trade ties, New Zealand’s Prime Minister, Christopher Luxon, intends to embark on a visit to China in the near future, following discussions with China’s Foreign Minister, Wang Yi, during his recent visit to New Zealand.   Luxon, accompanied by Foreign Minister Winston Peters and Trade Minister Todd McClay, held discussions […]

Korean Shipbuilders Poised to Benefit Amidst US-China Trade Tensions

China, Global Trade, News, United States

March 17, 2024

Industry analysts suggest that Korean shipbuilders are set to capitalize on the latest developments in the ongoing strategic competition between the United States and China, presenting an opportunity for increased market share on a global scale.   Following a positive response from the Joe Biden administration to a petition filed by five U.S. unions urging […]

China-Australia Diplomatic Talks Signal Potential Breakthrough in Trade Relations

Australia, China, News, Trade Relations

March 15, 2024

In a significant development for trade relations between China and Australia, Prime Minister Anthony Albanese has announced plans to discuss the removal of Chinese tariffs on Australian wine during an upcoming meeting with China’s Foreign Minister Wang Yi. The meeting is scheduled to take place in Canberra next week.   Albanese’s proactive approach underscores the […]

China’s Export Surge Sets Positive Tone for 2024 Amid Global Economic Challenges

China, Global Trade, News

March 7, 2024

China kicks off the year 2024 on a high note as it reports a remarkable 7.1% increase in exports for the first two months, surpassing expectations and fueling optimistic forecasts despite lingering challenges in the global economy.   The surge in exports, reaching US$528 billion, has outpaced predictions, signaling resilience in China’s trade sector amidst […]

China’s Visa-Free Travel Initiative Opens New Trade Opportunities

China, International Relations, News

March 6, 2024

China has unveiled a groundbreaking visa-free travel initiative, set to catalyze trade relations with six nations. Foreign Minister Wang Yi announced the move on March 14, extending the privilege to citizens of Switzerland, Ireland, Hungary, Australia, Belgium, and Luxembourg.   This strategic decision not only promotes tourism but also lays the groundwork for enhanced trade […]

China’s Used Vehicle Exports Surge, Expanding Global Market Reach

China, International Trade, News

March 3, 2024

In a noteworthy development, China has seen a remarkable uptick in the export of used cars over the past five years, as reported by the People’s Daily Online.   Since the initiation of a pilot program in 2019 designed to facilitate the export of used automobiles, China has experienced a staggering growth of over 250 […]

Vietnam Looks to Expand Food Exports to China Amid Positive Trade Developments

Agricultural Trade, China, News, Vietnam

February 26, 2024

Vietnam is eyeing an increase in its agricultural exports to China following promising discussions between the two countries to ease regulations and open up the market further for poultry, fish, and fruits.   Officials and industry leaders in Vietnam express optimism about the potential expansion of trade with China, particularly in key sectors like poultry […]

China and New Zealand Pledge Collaboration for CPTPP Integration, Commerce Ministers Confer in Abu Dhabi

China, New Zealand, News, Trade Agreements

February 25, 2024

In a recent development, China’s Commerce Minister expressed the nation’s commitment to enhancing collaboration with New Zealand within the framework of The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).   Minister Wang Wentao held discussions with New Zealand’s Trade Minister during a meeting in Abu Dhabi, as outlined in a statement released by the […]

U.S. Lawmaker Leading Delegation from China Committee Visits Taiwan to Bolster Trade Ties

China, International Trade, News, United States

February 21, 2024

U.S. Representative Mike Gallagher, Chair of the House of Representatives select committee on China, arrived in Taiwan with a delegation of lawmakers to enhance trade relations. The visit aims to engage with Taiwanese officials, including President Tsai Ing-wen and President-elect Lai Ching-te, to discuss opportunities for economic cooperation.   Gallagher, a vocal advocate for Taiwan […]

China’s Vertical Farming Boosts Berry Exports Across Southeast Asia

Agricultural Trade, China, News

February 21, 2024

Vertical farming in China is gaining traction as growers successfully export pesticide-free strawberries to Southeast Asian markets, including Singapore, Malaysia, and Indonesia. The industry’s advancements are attributed to innovative farming methods and strategic resource utilization.   Having recognized the potential of vertical farming, industry pioneers have capitalized on their expertise to develop comprehensive solutions for […]

China and EU Pledge Commitment to Free Trade and Cooperation Amid Global Challenges

China, Europe, News, Trade Relations

February 19, 2024

China and the European Union (EU) have signaled their commitment to upholding free trade and multilateralism, according to statements made by Chinese Foreign Minister Wang Yi during his visit to Spain. Wang emphasized China’s willingness to collaborate with the EU in fostering a balanced and orderly multi-polar world, as well as promoting inclusive economic globalization. […]

Ukrainian and Chinese Officials Discuss Trade Opportunities and Peace Prospects

China, News, Trade Relations, Ukrain

February 17, 2024

In a bid to strengthen bilateral relations and explore avenues for economic collaboration, Ukrainian Foreign Minister Dmytro Kuleba engaged in discussions with his Chinese counterpart, Wang Yi, during the Munich Security Conference. Their talks centered on enhancing trade ties and fostering a conducive environment for sustainable peace in Ukraine.   Kuleba highlighted the importance of […]

US Poised to Surpass China as Germany’s Top Trade Partner

China, News, Trade Relations, United States

February 7, 2024

According to the head of foreign trade at the German Chamber of Industry and Commerce (DIHK), current trends suggest that the United States is on track to overtake China as Germany’s primary trade partner by 2025, at the latest.   Preliminary data from the Federal Statistics Office indicates that German exports and imports to China […]

China’s Robust Commodity Imports Signal Strong Start to New Year

China, Global Trade, News

February 6, 2024

China has kicked off the new year with a surge in imports across major commodities, indicating a robust beginning amid economic caution surrounding the Lunar New Year holidays.   Despite the upcoming Lunar New Year falling in February this year, traders and end-users seem to have accelerated purchases in January. The week-long holidays, from Feb. […]

China Strengthens NEV Industry Amidst Global Trade Scrutiny

China, Global Trade, News

February 6, 2024

In response to recent global trade regulations and inquiries, the Ministry of Commerce has unveiled proactive measures to bolster the new energy vehicle (NEV) sector. Emphasizing collaboration with international partners, the guidelines aim to enhance global cooperation while navigating challenges such as ongoing investigations into subsidies for the NEV industry.   Encouraging NEV manufacturers to […]

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