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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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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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  • New Delhi has urged de-escalation on both sides, reflecting deep worries about regional instability
  • Analysts say energy imports are a major cause for concern, in addition to trade and security risks

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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At the Digital Silk Road Development Forum in Xian, Alibaba and Shein were praised for helping advance the country’s booming cross-border e-commerce sector.

Biden administration ‘taking a serious look’ at existing tools to deal effectively with Beijing’s policies causing ‘dependencies and vulnerabilities’.

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Energy-related trade between China and the Middle East is likely to increase significantly and reshape the sector globally in the wake of the Saudi-Iran peace deal brokered by China last year, according to Swiss bank UBS.

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The Brazilian president, along with Wesley and Joesley Batista, visited a JBS factory that is set to make the first shipment of meat to China as part of a new deal.

The municipal government of the city in eastern Jiangsu province unveiled a three-year plan to attract cross-border e-commerce projects.

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State subsidies are in Brussels’ cross hairs as the world’s largest windpower producer exports low-cost turbines to quench global demand for clean power.

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Beijing’s enhanced emphasis on stronger ‘productive forces’ is seen giving China a lift in its pursuit of aviation self-sufficiency as external pressure mounts.

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Fumio Kishida says that in areas like semiconductors, AI, quantum computing and biotech, it is ‘increasingly important for the two countries to build resilience’ as the two allies work to counterbalance China.

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US Treasury secretary says Beijing needs to make policy changes, while warning that Washington and its allies fear ‘global spillovers’ from China’s trade actions.

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Speaking in Paris to Chinese makers of electric vehicles and lithium batteries, commerce chief Wang Wentao vows Beijing will ‘fully support and defend’ their rights as Western pressure mounts.

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China lifted its anti-dumping and anti-subsidy tariffs on Australian wine at the end of last month, but industry executives say the market, and domestic consumption, are struggling to recover.