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Archive for the ‘China’ Category

Western Miners Seek Premium Pricing for Rare Earth Metals to Diversify from China

China, International Trade, News

November 8, 2023

Several Canadian, German, and Australian mining companies are aiming to secure premium prices for critical metals, such as rare earths, used in electric vehicles (EVs) and renewable energy sources. Their goal is to offer alternatives to China, which currently dominates the production and pricing of these vital minerals.   China’s control over 95% of rare […]

U.S. Lawmakers Call for Tariff Increase on Chinese-Made Vehicles

China, International Trade, News, United States

November 8, 2023

A bipartisan group of U.S. lawmakers is urging the Biden administration to raise tariffs on Chinese-made vehicles and explore measures to prevent Chinese firms from exporting vehicles to the United States through Mexico. In a letter addressed to U.S. Trade Representative Katherine Tai, Representative Mike Gallagher, a Republican who chairs a select committee on China, […]

Improved Australia-China Relations Benefit Pacific Island Nations, Says PNG Minister

Australia, China, International Relations, News

November 8, 2023

Pacific Island nations seeking closer economic ties with Beijing are expected to benefit from the recent improvement in relations between Australia and China, according to Papua New Guinea’s Minister for State, Justin Tkachenko. Tkachenko expressed satisfaction with Australia’s positive outcomes from Prime Minister Anthony Albanese’s recent visit to China, the first by an Australian leader […]

China’s Imports Surprisingly Rise, Highlighting Fragile Recovery in Global Trade

China, News, Trade Policy

November 6, 2023

China’s trade data for October has delivered a mixed picture, with imports unexpectedly increasing while exports contracted at a faster pace than anticipated. These figures underscore the challenges faced by the world’s second-largest economy, despite recent signs of improvement in domestic demand. While Beijing’s support measures have contributed to a tentative economic recovery, ongoing issues […]

U.S. Farm Leaders Foster Agriculture Trade Relations During Visit to China

Agricultural Trade, China, News, United States

November 2, 2023

In a bid to strengthen agricultural trade ties, a group of U.S. agriculture industry representatives convened in Beijing, marking a significant development amidst ongoing political tensions between the United States and China. This delegation comprises 11 prominent organizations, including the U.S. Soybean Export Council, U.S. Grains Council, and U.S. Wheat Associates. Their visit follows closely […]

U.S. Agricultural Delegation Strengthens Trade Ties with China Amid Diplomatic Challenges

China, International Trade, News, United States

November 2, 2023

A delegation of U.S. agricultural industry leaders convened in Beijing to engage with their Chinese counterparts, underscoring the importance of agricultural trade between the two nations despite ongoing political tensions. The gathering included representatives from 11 organizations, including the U.S. Soybean Export Council, U.S. Grains Council, and U.S. Wheat Associates, who met in the wake […]

Dutch Semiconductor Firms Explore Chip Manufacturing Opportunities in Vietnam Amid China Trade Tensions

China, International Trade, News

November 2, 2023

A delegation of Dutch semiconductor companies and suppliers is considering investment opportunities in Vietnam as part of efforts to diversify their manufacturing base and reduce reliance on China amidst growing trade tensions between China and Western countries. The delegation, led by outgoing Dutch Prime Minister Mark Rutte during a business mission to Hanoi, included representatives […]

U.S. Military Initiates Purchases of Japanese Seafood in Response to China’s Ban

China, Japan, News, United States

October 30, 2023

In a response to China’s ban on Japanese seafood products following Tokyo’s release of treated water from the Fukushima nuclear plant into the sea, the United States has initiated purchases of Japanese seafood to supply its military stationed in Japan. U.S. Ambassador to Japan Rahm Emanuel unveiled this initiative in a Reuters interview, suggesting that […]

China’s Graphite Export Restrictions Stir Global EV Battery Supply Chain Concerns

China, News, Supply Chain

October 27, 2023

Beijing’s recent move to impose export restrictions on graphite has raised significant concerns within the global electric vehicle (EV) battery supply chain. While China has stated that these restrictions are not specific to any particular sector, industry experts and insiders have highlighted potential challenges, especially for foreign manufacturers of EV battery components who have not […]

China Strengthens Diplomatic Ties with Long-Standing U.S. Ally Colombia

China, Colombia, International Trade, News

October 25, 2023

In a significant diplomatic development, China has elevated its relations with Colombia to a strategic partnership, marking a deepening of its engagement with one of the United States’ oldest allies in the region. This move underscores China’s ongoing efforts to expand its influence and solidify its presence in Latin America. The decision to upgrade their […]

China Extends Support to Sri Lanka with No Political Conditions and Increased Imports

China, International Trade, News, Sri Lanka

October 20, 2023

In a recent development, China has expressed its willingness to assist Sri Lanka without imposing any political conditions and has also pledged to increase its imports from the island nation. Chinese President Xi Jinping conveyed this commitment during a meeting with Sri Lankan President Ranil Wickremesinghe in Beijing, as reported by state media.   This […]

China and Indonesia Forge Stronger Economic Ties in Emerging Industries

Bilateral Trade Relation, China, News

October 17, 2023

In a bid to strengthen ties and foster collaboration, President Xi Jinping of China has expressed China’s willingness to expand cooperation with Indonesia in several emerging industries, including the digital economy, photovoltaics, and new energy vehicles. During a meeting with Indonesian President Joko Widodo on the sidelines of the Belt and Road Forum, President Xi […]

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