Archive for the ‘China’ Category

The International Trade Council welcomes China’s resolute drive to fortify its foreign investment landscape and foster increased global investment inflow. In a landmark directive issued by the State Council on Sunday, China underscores its dedication to enhancing the climate for foreign investment, amplifying its appeal as a prime investment destination. The comprehensive set of 24 […]

The International Trade Council is taking note of the recent development concerning a ban issued by President Joe Biden in August, restricting new US investments in China’s high-tech sectors, specifically targeting artificial intelligence (AI), advanced semiconductors, and quantum information technologies. This policy encompasses various forms of investment, such as indirect investments, private equity, venture capital, […]

China, Europe, News, Trade Relations

August 8, 2023

The International Trade Council addresses the escalating concerns pertaining to the European Union’s trade deficit with China, which approached a notable €400 billion last year.   EU Trade Commissioner, Valdis Dombrovskis, communicated to media outlets about the remarkable deficit, highlighting that it has magnified twofold in a mere span of two years. This accentuates the […]

China, Economic Relations, News

August 2, 2023

Trade experts have indicated that China is well-positioned to fulfill the standards set by the Comprehensive Progressive Trans-Pacific Partnership (CPTPP). This assessment brings into focus the political considerations that member nations must address regarding Beijing’s potential inclusion in the pact. Britain’s recent accession to the CPTPP has initiated a period of evaluation for other aspiring […]

The International Trade Council (ITC) acknowledges the upcoming visit of Honduran President Xiomara Castro to China, as part of Honduras’s efforts to enhance its relations with Beijing and pursue economic opportunities.   President Castro’s visit, scheduled from June 9 to 13, comes at the invitation of President Xi Jinping and signifies the growing cooperation between […]

China, International Trade, News

May 23, 2023

The International Trade Council (ITC) is carefully monitoring the visit of Russian Prime Minister Mikhail Mishustin to China this week, where he is set to meet with Chinese President Xi Jinping and participate in a series of infrastructure and trade agreements. This meeting comes amid increasing global concerns over Russia’s ongoing aggression in Ukraine. Mishustin’s […]

China, News, Trade Agreements

May 22, 2023

The International Trade Council (ITC) welcomes the landmark free trade agreement (FTA) between the People’s Republic of China and the Republic of Ecuador, a move set to significantly enhance bilateral relations, boost trade exchanges, and create mutual benefits. This strategic agreement, signed on May 10 by China’s Commerce Minister Wang Wentao and Ecuador’s Minister for […]

The International Trade Council (ITC) welcomes the recent pledge between China and Uzbekistan to improve bilateral trade balances and to intensify cooperation. The agreement, concluded during the China-Central Asia Summit, signifies a strong commitment towards mutual economic prosperity and solidifies the strategic partnership between the two nations.   Following discussions between Chinese President Xi Jinping […]

China, News, Trade Agreements

May 12, 2023

The International Trade Council (ITC) acknowledges the signing of the Free Trade Agreement (FTA) between China and Ecuador, marking a significant strengthening of economic relations between the Andean nation and the world’s second-largest economy. This development comes despite concerns raised by the United States, which has been active in countering the expansion of China’s influence […]