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World Trade Organization (WTO)
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In Geneva, China’s WTO ambassador Li Chenggang condemns a raft of EU policies intended to address Europe’s long-standing trade grievances with Beijing.

Meeting on the sidelines of the Shangri-La Dialogue summit, Australian defence minister Richard Marles and his Chinese counterpart General Li Shangfu, discussed the need to get past the rift that had set in under the previous Australian government.

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Diplomacy between Beijing and Canberra took a nosedive in 2020, but two recent trade-minister meetings and a relaxation of import curbs show how the tide appears to be turning.

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Algernon Yau tells Asia-Pacific Economic Cooperation Ministers Responsible for Trade meeting in US that dispute system hamstrung by Washington actions.

Beijing is gradually easing a raft of unofficial restrictions and tariffs imposed during a diplomatic spat over trade, security and the origins of Covid-19.

China representative says chip industry subsidies allow US to ‘interfere with the allocation of market resources’ and show ‘double standards’.

Indian compliance with a World Trade Organization order that it remove tariffs on Taiwanese tech products could take time, analysts said, and New Delhi’s push for self-reliance could see it make more protectionist moves.

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The Foreign Ministers’ Meeting, which runs from Sunday to Tuesday in the Japanese resort town of Karuizawa, is set to be dominated by twin crises: China’s growing pressure on Taiwan and Russia’s war in Ukraine.

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China’s commerce ministry said on Friday it will review the necessity of continuing to impose anti-dumping and anti-subsidy tariffs on imported Australia barley.

Foreign minister Penny Wong says Australia will suspend its case at the World Trade Organization while China conducts a review into duties imposed on Australian barley.

Chinese representative says US, Japan and Netherlands may have ‘violated’ trade body’s principles, according to state television.

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Trade tariffs against China may have spurred US firms into diversifying supply chains, but US consumers are paying more for certain goods, says the US International Trade Commission.

A raft of official and unofficial ‘trade blockages’ first imposed by China in 2020 worth roughly US$14 billion are showing signs of loosening.

Sources say a Beijing visit by Australian PM Anthony Albanese is already being prepared, but they do not expect a formal invite until after Beijing’s leadership reshuffle is finalised next month.