Chinese exporters held off on price cuts until the second quarter of this year, when they reduced prices of tariff-hit goods to the US by an average of 8 per cent, according to a UN study. Photo: Chinatopix

Chinese exporters start to take trade war hit – but US consumers also hurting, UN study shows

  • After almost a year of Donald Trump’s tariffs, Chinese companies have been forced to lower the price of their exports to the US
  • Taiwan the most successful in filling the gap for American buyers, research shows
Topic |   US-China trade war

TOP PICKS

Chinese exporters held off on price cuts until the second quarter of this year, when they reduced prices of tariff-hit goods to the US by an average of 8 per cent, according to a UN study. Photo: Chinatopix
READ FULL ARTICLE
Xi Jinping used his keynote address at the China International Import Expo to underline China’s commitment to opening up its economy. Photo: AFP

China will open market further in push to bring down global trade barriers, Xi Jinping tells import expo

  • China’s president has urged global leaders to bring down trade barriers and resist protectionism in a speech at the China International Import Expo
  • Xi’s comments come a day after the closing of the Canton Export Fair, at which export orders fell for the third year in a row amid the US trade war
Topic |   China economy

TOP PICKS

Xi Jinping used his keynote address at the China International Import Expo to underline China’s commitment to opening up its economy. Photo: AFP
READ FULL ARTICLE