Tag: trade
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China Says ‘Determined’ To Open Up to World in 2025
China is "determined" to continue opening up its economy to the world in 2025, a top economic planning official said Friday, as Beijing steels itself for potential trade turmoil when U.S. President-elect Donald Trump takes office. The world's second-largest economy has ...
China Launches Investigation Into Beef Imports
China's commerce ministry launched an investigation into imported beef on Friday at the request of representatives from its struggling domestic industry. The local price of beef in China has trended downwards in recent years, with analysts blaming oversupply and a lack ...
Panama President Rules Out Talks With Trump Over Canal Threat
By Juan Jose Rodriguez Panamanian President Jose Raul Mulino ruled out negotiations with U.S. President-elect Donald Trump over control of the Panama Canal on Thursday, denying that China was interfering in its operation. Mulino also ...
Why Some African Countries Welcome Trump’s Return to Power
Donald Trump will be back in the Oval Office in just over a month after he is inaugurated for his second term as U.S. president on January 20th. While there's concern in some African capitals that Trump may scale back U.S. ...
The Global South is Becoming More Central to China’s Trade
While China’s trade data this month was largely gloomy, it also reflected interesting shifts. A breakdown of the data published by the Chinese publication Guancha showed that trade with key parts of the Global South is trending upwards. For example, the Association of Southeast Asian Nations is currently ...
Thailand Cuts Cheap Imports from China by 20%
Thailand recorded a 20% drop in low-quality imports, mostly from China, after introducing measures to curb cheap goods that were undercutting local businesses, a government spokesperson said on Monday. Government spokesperson Sasikarn Wattanachan said the reduction followed tighter regulations and ...
Trade, Not Politics Frame the China-Paraguay Relationship
While political ties between China and Paraguay are increasingly strained over the South American country's commitment to maintain diplomatic relations with Taiwan, economic ties between the two are much more robust. Well, sort of. China is Paraguay's third largest trading partner, ...
Southeast Asia’s Trade at Risk: How Trump’s Tariffs and Chinese Imports Threaten Regional Economies
U.S. President-elect Donald Trump’s proposal to introduce sweeping tariffs poses significant economic challenges for economies in Southeast Asia. The region could become a battleground for redirected Chinese exports, flooding local markets and disrupting industries. At the same time, trade imbalances, protectionist measures, and deficits add to the ...
China and Brazil: Recalibrating Diplomatic and Economic Partnerships
By Facundo Fernández Barrio A state visit by Chinese President Xi Jinping to Brazil on Wednesday, extending a stay after attending a G20 summit in Rio, symbolizes ambitions Beijing and Brasilia have of increased prominence globally.
At Summit Under Trump Shadow, Xi and Biden Signal Turbulence Ahead
By Danny Kemp and Mariette Le Roux U.S. President Joe Biden and Chinese counterpart Xi Jinping on Friday warned of turbulent times ahead in remarks at an Asia-Pacific economic summit in Lima overshadowed by Donald Trump's impending return to the White ...
At APEC, China’s Xi Warns of Growing ‘Unilateralism’
Chinese President Xi Jinping warned the world on Friday that it was entering an era of growing "unilateralism" and "protectionism" in comments at a major Asia-Pacific trade summit in Peru. Xi was in Lima for the Asia-Pacific Economic Cooperation (APEC) summit ...
Trump, China and Africa: Key Issues
As news of U.S. President-elect Donald Trump’s cabinet choices trickles in, many are trying to game out what foreign policy will look like in the Trump 2.0 era. For Africa, that’s particularly tricky because Trump was largely disinterested in the continent during ...