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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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  • Weapons sales, security cooperation ‘destined to increase’, experts say, as China opens ‘new chapter’ in Serbian ties
  • Deeper collaboration will intensify ‘competition for influence’ in the Balkans between Washington and Beijing
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The Chinese president upgraded relations with Serbia and Hungary, but in France made few if any concessions to reduce the flood of Chinese imports into the EU.

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The US will impose new, elevated tariffs that focus on key industries including electric vehicles, batteries and solar cells, according to Bloomberg and The Wall Street Journal.

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More multinationals are undergoing a ‘decoupling’ with their China-based operations, a new business survey finds as foreign direct investment sinks and analysts say expatriate staff are harder to come by.

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European firms have been revising expectations for the Chinese market while planning for a projected economic slowdown, further adding to China’s challenges and ‘setting a negative cycle in motion’.

China’s exports returned to positive growth in April amid a recovery of global demand, but analysts said the focus should still be on sustaining momentum in domestic demand.

Success of the US$17 billion Iraq Development Road depends on Iraq-Turkey ties, which have been fraught over oil exports and militant issues, analysts say.

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The concerns come as a US delegation in Kuala Lumpur holds talks with officials over Tehran’s alleged underhanded selling of oil through service providers.

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On Tuesday, the US revoked licenses allowing Huawei, a Chinese telecommunications giant blacklisted by the US, to buy semiconductors from Intel and rival Qualcomm Inc.

A US law to safeguard its market from products linked to forced labour has not necessarily been effective, a new study using isotope testing suggests.

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Relaxed mountain setting chosen so Chinese leader Xi Jinping and French counterpart Emmanuel Macron can speak frankly on myriad mutual grievances and grounds for cooperation.

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French President welcomes Beijing’s commitment to ‘refrain from selling any weapons or aid’ to Russia, but commerce official reinforces the need to enhance bilateral trade.

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Xi says China and Europe can contribute to world peace, ahead of meeting with President Emmanuel Macron and EU chief Ursula von der Leyen.

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After Beijing’s recent lifting of crippling wine tariffs that had been in effect since early in the pandemic, Chinese customers will need to be convinced to buy new stocks of Australian wine.

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President Xi Jinping’s European trip comes amid barrage of EU trade and competition tools largely targeting Chinese firms, including dramatic raids in the Netherlands and Poland.

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The stricter rules are not surprising since Australia has to protect critical assets, but collaboration with Beijing especially in sectors such as green energy would be unavoidable.

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The use of Uygurs for forced labour is impossible to properly document because of Beijing’s intentional moves, Biden administration official tells the Congressional-Executive Commission on China.

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QatarEnergy will pay China State Shipbuilding Corporation billions of US dollars for 18 tankers in a deal hailed as the industry’s biggest shipbuilding contract ever.

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