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China’s export-driven economy was for decades the workshop of the world. In 2001, when China joined the World Trade Organisation (WTO), it accounted for 4 per cent of the world’s exports, and by 2017, that had risen to 13 per cent. The trade war with the United States damaged China’s exports as tariffs made its goods more expensive for American buyers. The coronavirus outbreak subsequently damaged overseas demand for Chinese products, leading many analysts to predict a huge slump in exports over the second quarter of the year. Imports have become an increasingly closely watched gauge of China’s economic health, as it transitioned away from an export-driven growth model towards a more consumption-based model.
Beijing accuses Brussels of protectionism over its threatened tariffs against imports of competitively priced quality cars, putting relations on an even rockier road.
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.
Services sector and overseas demand for exports may have buoyed first-quarter GDP, but daunting challenges remain for country on path to recovery.
Despite lack of progress on electric vehicle and solar panel ‘overcapacity’, trip by US Treasury Secretary Janet Yellen helps keep superpower communications open.
- Sanctions and tariffs implemented as part of a US-led trade war have put increased pressure on China’s manufacturing industry
- Despite that, a Post investigation can reveal a large proportion of the ‘Made in China 2025’ 10-year targets have been achieved
Dispute erupts over Peru port authority ‘error’ that gave Cosco Shipping exclusivity over operations.
Chinese researchers detail how technology has transformed the region’s textile industry and led to record surge in exports.
Bolivian Foreign Minister Celinda Sosa Lunda visits Beijing after trip to Russia, says La Paz is eager to cooperate with Beijing.
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.
China’s yuan has lost more value against the US dollar as interest rate cuts have yet to materialise, leading exporters to find whatever alternative assets they can until exchange differentials subside.
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.
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.
Purpose is to enlist China’s help in ending the companies’ activities that allegedly violate sanctions on supplying products with military applications to Moscow.
A new type of rapeseed engineered in China can improve upon yields by 50 per cent, increasing the domestic harvest of edible oil and lessening the country’s reliance on imports.
But American treasury secretary says the policy option is something Washington ‘would be prepared to use if necessary’.
Intellectual property protection infringements along with technology transfer, counterfeiting and other concerns cited.
Chinese Foreign Minister Wang Yi tells counterpart Peter Szijjarto in Beijing that Hungary is a ‘European country of unique influence’.
The plan would next be submitted to the relevant ministries in each of the 21 member economies of Apec before appearing on the agenda of the Apec Leaders’ summit in Lima in the week of November 10.
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.
Former government adviser says Chinese officials must ‘have the foresight to make good predictions’ amid China’s new quality productive forces strategy shift.
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.
Stunted economic growth on mainland and Sino-American political challenges weighed on 2023 decline led by agricultural and semiconductor shipments.
Report on possible sanctions on Chinese banks draws sharp rebuttal from Foreign Ministry, as US Secretary of State Antony Blinken heads for talks with Chinese leaders.
Authorities said to have entered premises of Dutch and Polish subsidiaries of a mainland firm involved in the manufacture of surveillance equipment.
Washington has ‘seriously harmed’ Chinese interests with moves to suppress the country’s economy and trade, foreign ministry official says.
Though trade ties have taken a hit in other areas, the EU’s agriculture commissioner says a stronger relationship between China and Europe can and should exist in food and farming products.
A US business lobby has issued a report asking for clear guidelines on what activity is acceptable under China’s new security laws, as well as other suggestions for improving investor confidence.
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.
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.
Despite its attempts to woo back foreign investment, China has yet to see a hoped-for return of overseas capital as enterprises express hesitation to jump back into the fray.
