Topic

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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Pragmatism is at play in each relationship between the West and China, not least with Berlin and Beijing. For German Chancellor Olaf Scholz, that means continued engagement and commerce.

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  • Daigou, personal shoppers for mainland Chinese consumers, used to account for billions of dollars of products sold by Australian businesses
  • But changes in online shopping habits and Chinese spending power have led to a drastic drop in their numbers in Australia and New Zealand

Diana Mondino’s trip has triggered speculation that she is looking to extend a currency swap with Beijing as the risk of a 10th sovereign debt default looms.

Team led by a group of Chinese researchers cloned a specific gene that is resistant to Asian soybean rust amid Beijing’s focus on food security and tech self-reliance.

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City leader John Lee says two cities have reached consensus on 65 projects spanning 15 sectors, including innovation, technology and industrial development.

China-US ties are more stable but still at risk if ‘red lines’ are crossed, China’s Foreign Minister Wang Yi said before US Secretary of State Antony Blinken met Chinese President Xi Jinping on Friday.

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Since the pandemic, US East Coast ports have invested in expanded container terminals, adopted new technology for inventory management and made other upgrades.

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Taiwan’s exports to the US in the first quarter beat shipments sent to mainland China, with analysts pointing to a ‘strategic plan’ by Washington to construct and lead a world supply chain and market order.

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Chinese-produced durian is set to be available to the public in July, with production from the tropical island of Hainan likely to reach 200 tonnes this year, although Thailand and Vietnam are set to remain the largest sources.

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Stunted economic growth on mainland and Sino-American political challenges weighed on 2023 decline led by agricultural and semiconductor shipments.

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Authorities said to have entered premises of Dutch and Polish subsidiaries of a mainland firm involved in the manufacture of surveillance equipment.

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Foreign buyers have returned to China’s largest trade exhibition, drawn by the array of new energy vehicles and other green products on offer at the Canton Fair.

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CAP shares rose up to 3.1 per cent on Monday morning on the Santiago Stock Exchange. Move imposes anti-dumping fees of up to 34 per cent on imports. CAP decided to suspend planned closure of steel plant.

Meetings with Foreign Minister Wang Yi expected to cover unfair trade practices and industrial overcapacity in ‘productive and constructive’ trip.

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China must emphasise modern services in its push for new productive forces, Sheng Songcheng says, flagging the need for a hi-tech, high-quality service sector.

Commercial ties between China and the Middle East are enjoying a revival as politics, energy transition and supply-chain upheavals create opportunities for Chinese exporters, according to management consultancy Oliver Wyman.

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Washington should offer ‘alternatives to what our competitors are offering’, says Foreign Relations committee chair, referring to Beijing’s advances.

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