Containers at the Lianyungang Port in Lianyungang City, east China's Jiangsu Province. Photo: Xinhua

Topic

China tradei

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.

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Technology transfers have always been officially part of China’s belt and road plan, but analysts say those types of exchanges are being increasingly prioritised as Beijing bids to boost ties.

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European Union members have endorsed a series of laws, including a requirement that large businesses conduct human rights and environmental audits of their overseas suppliers.

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Geopolitical tensions, coupled with a weakened and more uncertain business environment on the mainland, continue to take a toll on investor confidence among Taiwanese investors.

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The European Commission also is looking into whether the company did enough to prevent minors from accessing pornographic material via its online marketplace.

The Chinese minister’s visit will begin on Sunday, and Australian wine companies are getting production lines ready for a resumption of exports to China that is expected to be imminent.

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The petitioners are urging the US president to impose port fees on Chinese-built vessels to ‘address hundreds of billions of dollars of unfair government support’.

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China’s exports rose by 7.1 per cent in combined figures for January and February compared to a year earlier, while imports rose by 3.5 per cent, data released on Thursday showed.

China’s exports rose in combined figures for January and February compared to a year earlier along with imports, with strong showings from new energy goods and a notable jump in shipments to Russia.

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At the ‘two sessions’ parliamentary gatherings in Beijing, officials have broken down what it will take for China to meet an annual economic growth target that many analysts contend is out of reach.

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After Premier Li Qiang’s inaugural government work report, most observers are choosing a ‘wait-and-see’ approach to determine if the speech’s promises to foreign and private firms will manifest in specific policy prescriptions.

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In the lead-up to Premier Li’s maiden work report on Tuesday, he sat down with a delegation representing US business interests in China, and signs point to investor confidence remaining subdued.

Provisional agreement would target sectors and regions profiting from state-imposed forced labour based on database drawn up by European Commission.

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The figure, which marks a rise of 100 million over five years, was released at a time when the authorities are looking to domestic consumption to boost growth.

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With the Boeing-Airbus duopoly in its sights, the maker of China’s home-grown narrowbody plane is touting its advancements in Southeast Asia, but what challenges must be overcome?

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Chambers of commerce representing foreign business interests in China are asking for more proof the country will provide a stable environment for investment and activity, despite a recent roll-out of initiatives in that vein.

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Report accuses China of maintaining a non-market economy that it seeks to use as leverage to distort competitive markets and concentrate supply chains.

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Challenge exacerbated by loophole allowing shipments under US$800 to bypass import tariffs, most safety inspections and other oversight, witnesses say.

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