The plan would next be submitted to the relevant ministries in each of the 21 member economies of Apec before appearing on the agenda of the Apec Leaders’ summit in Lima in the week of November 10.

Trade, Ukraine among topics on the agenda, with Blinken expected to pressure China to urge its firms to stop supplying dual-use goods to Russia or face more punitive measures.

Stunted economic growth on mainland and Sino-American political challenges weighed on 2023 decline led by agricultural and semiconductor shipments.

Report on possible sanctions on Chinese banks draws sharp rebuttal from Foreign Ministry, as US Secretary of State Antony Blinken heads for talks with Chinese leaders.

Washington has ‘seriously harmed’ Chinese interests with moves to suppress the country’s economy and trade, foreign ministry official says.

Foreign buyers have returned to China’s largest trade exhibition, drawn by the array of new energy vehicles and other green products on offer at the Canton Fair.

Meetings with Foreign Minister Wang Yi expected to cover unfair trade practices and industrial overcapacity in ‘productive and constructive’ trip.

China has revealed hefty penalties on imports from the US of an acid used as a preservative as trade relations between the two countries appear likely to return to an outwardly acrimonious track.

The US’ proposed tripling of tariffs on Chinese steel imports would be the first move in a tit-for-tat struggle that would expand the bilateral trade war, analysts said – and fuel grumblings over industrial overcapacity.

‘I’m not looking for a fight with China but competition, fair competition,’ the president tells cheering steelworkers in Pennsylvania.

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

US Treasury Secretary’s meetings to include talks with China on ‘balanced growth’, a new dialogue to address China’s excess industrial capacity for EVs, solar panels and other clean energy goods.

Treasury Secretary Janet Yellen ended her week-long trip to China on Tuesday, saying the US had been able to ‘move the ball’ on key issues, while analysts said the visit had focused on ‘practical short-term issues’.

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.

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.

Premier Li urges Washington to view industrial capacity ‘objectively’ during meeting with visiting US Treasury Secretary Yellen, who raised issue of excessive Chinese exports, especially new energy vehicles and solar panels.

Seeking economic opportunity, Chinese merchants build bustling wholesale markets, sell Made in China goods and deal with occasional resistance from Mexican vendors.

Second day of talks with Vice-Premier He Lifeng precedes trip to Beijing for meetings with senior officials including premier and central bank head.

Washington fears that Chinese cars may be able to come over the southern border with zero tariffs under the United States-Mexico-Canada Agreement.

First talks for China-US trade working group occur days after Xi, Biden review progress on summit agreement to improve communications.