Archive for the ‘China’ Category

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 […]

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 […]

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, […]

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 […]

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 […]

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, 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 […]

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 […]

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 […]

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 […]

China, News, Trade Policy

December 20, 2023

China, one of the world’s largest consumer markets and the leading global goods trader, is pushing forward with efforts to promote the integrated development of both domestic and foreign trade.   A recent circular released by the General Office of the State Council outlines 18 measures designed to accelerate this integrated development. Officials from various […]

China, International Relations, News

December 20, 2023

Nicaragua and China have taken steps to enhance their bilateral relations, signaling Beijing’s commitment to providing increased economic support to Nicaragua, which is facing sanctions from Western countries. This move also underscores China’s strategic interests in the Central American region, which is considered the United States’ sphere of influence.   China and Nicaragua re-established diplomatic […]

China, Geopolitics, News, United States

December 14, 2023

U.S. Treasury Secretary Janet Yellen has outlined her key priorities for managing U.S.-China relations in the coming year, which include plans for a second visit to China and efforts to accelerate collaboration on climate risks and financial markets.   In remarks prepared for a dinner hosted by the U.S.-China Business Council, Yellen emphasized that the […]

China, News, Trade Policy, United States

December 12, 2023

In a bipartisan effort, a U.S. congressional committee has issued an extensive set of recommendations aimed at reshaping America’s economic relationship with China. These legislative proposals for 2024 are intended to prevent the United States from becoming overly dependent on its primary geopolitical rival and to safeguard its economic interests.   The comprehensive recommendations put […]

Chinese President Xi Jinping has embarked on a two-day visit to Vietnam, seeking to bolster economic relations between the two nations. This visit follows U.S. President Joe Biden’s recent trip to Hanoi, highlighting the competition for influence in Southeast Asia between the world’s two major powers.   Xi’s visit, his first in six years, has […]

China, International Trade, News

December 6, 2023

In a recent report released by Chinese customs authorities, it was revealed that China’s exports in November experienced a modest increase of 0.5% compared to the same period in the previous year. Simultaneously, imports registered a slight decline of 0.6%, presenting an intriguing snapshot of China’s trade dynamics.   This unexpected performance in the export […]