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Tradei

News about international trade flows, statistics and policy decisions from the world’s most important trading economies and trade-related bodies, including the World Trade Organisation.

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  • Some EU member states with major automotive ties to China are voicing their opposition to any push to match US import tariffs, or to impose any duties at all
  • Brussels is thought to have gathered ample evidence that subsidies from Beijing exist in the sector, and that they have distorted the European market
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US imports of used cooking oil more than tripled in 2023, with more than half coming from China, according to the US International Trade Commission.

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Two Chinese firms withdraw bids for Romanian photovoltaic park contracts after Brussels opens investigations under its foreign subsidies regulation.

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Finance deals made through smaller Chinese banks would help ‘resolve the threat of secondary sanctions’, according to fresh findings by a Renmin University institute.

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Premier Li Qiang tells a State Council meeting that ‘digital, smart and green’ development of the sector would help make the economy more efficient.

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The Chinese president upgraded relations with Serbia and Hungary, but in France made few if any concessions to reduce the flood of Chinese imports into the EU.

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The US will impose new, elevated tariffs that focus on key industries including electric vehicles, batteries and solar cells, according to Bloomberg and The Wall Street Journal.

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More multinationals are undergoing a ‘decoupling’ with their China-based operations, a new business survey finds as foreign direct investment sinks and analysts say expatriate staff are harder to come by.

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European firms have been revising expectations for the Chinese market while planning for a projected economic slowdown, further adding to China’s challenges and ‘setting a negative cycle in motion’.

China’s exports returned to positive growth in April amid a recovery of global demand, but analysts said the focus should still be on sustaining momentum in domestic demand.

Success of the US$17 billion Iraq Development Road depends on Iraq-Turkey ties, which have been fraught over oil exports and militant issues, analysts say.

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The concerns come as a US delegation in Kuala Lumpur holds talks with officials over Tehran’s alleged underhanded selling of oil through service providers.

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On Tuesday, the US revoked licenses allowing Huawei, a Chinese telecommunications giant blacklisted by the US, to buy semiconductors from Intel and rival Qualcomm Inc.

A US law to safeguard its market from products linked to forced labour has not necessarily been effective, a new study using isotope testing suggests.

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Relaxed mountain setting chosen so Chinese leader Xi Jinping and French counterpart Emmanuel Macron can speak frankly on myriad mutual grievances and grounds for cooperation.

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French President welcomes Beijing’s commitment to ‘refrain from selling any weapons or aid’ to Russia, but commerce official reinforces the need to enhance bilateral trade.

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Xi says China and Europe can contribute to world peace, ahead of meeting with President Emmanuel Macron and EU chief Ursula von der Leyen.

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