Chinese exports surge, putting the country on track for a record surplus
Faced with US and EU trade restrictions, Chinese companies have turned to other markets sparking criticism from producers in Southeast Asia and Africa.
10 stories
Faced with US and EU trade restrictions, Chinese companies have turned to other markets sparking criticism from producers in Southeast Asia and Africa.
The Australian sinologist Geremie R. Barmé wrote that “autocrats and patriarchs share a fateful dilemma”: Once in power “the countdown to their demise is on.”
More than 5% of equipment and materials supplied to US chipmakers originate in China, which also possesses some 90% of the rare earths required to manufacture semiconductors.
The EU and China reached a deal Friday to reduce China’s shipments of hybrid vehicles to Europe by half.
China pushed back against claims that it manipulates its currency to boost the country’s exports, as Beijing and Brussels spar in trade negotiations.
China has survived the global energy disruption largely unscathed, while the island economies around it are struggling.
China closed a record 670 banks last year, or nearly one in four lenders, as Beijing pushes to de-risk amid slowing economic growth.
The prompted criticism from activists and US lawmakers over the coffee giant’s decision to expand into an area widely scrutinized for human rights violations.
Beijing and Berlin “exchanged opinions” on trade relations Tuesday, The South China Morning Post reported.
The US-China trade deal is good for politics, not-so-good for business.
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