Chinese President Xi Jinping encouraged export corporations, stating, "We must accelerate the construction of a strong trading nation." Export was the largest growth driver for China last year, but it is in an unavoidable situation of being hit due to the trade war with the United States. Experts wi...
China's exports in March increased by more than 12% compared to a year ago, exceeding market expectations. This seems to be due to Chinese corporations aggressively pushing out quantities before the U.S.-China trade war intensified. There are forecasts that the impact of the increase in U.S. tariffs...
A clothing manufacturer in eastern China's Zhejiang Province recently received a request from a U.S. buyer to temporarily hold shipments scheduled for this month. This is because it has become difficult to accurately calculate the final price due to the irrational tariff bombs exchanged between the ...
On the 11th, Chinese President Xi Jinping said, "There are no winners in a tariff war, and confronting the world will lead to self-isolation." This appears to be a message directed at U.S. President Donald Trump, who imposed a 145% tariff on China. In addition, Xi urged that China and the European U...
Lieutenant General He Weidong (何衛東), the third in command of the Chinese military, is reportedly under investigation for corruption allegations. On the 11th (local time), the Financial Times reported, citing sources, that He was recently dismissed from his position and was ousted due to corruption a...
Chinese President Xi Jinping will embark on a visit to three Southeast Asian countries next week as his first overseas trip of the year. This is interpreted as an effort to strengthen diplomatic relations with neighboring countries amid escalating trade tensions with the United States. According to ...
As the United States has launched a total tariff bomb of 125% on Chinese imports, China has stated that "while the door to dialogue is open, it must proceed in an equal manner based on mutual respect." He Yongqian, Spokesperson for China’s Ministry of Commerce, said at a regular briefing that "press...
China's consumer price index (CPI) has recorded a decline for two consecutive months, raising concerns about deflation (a drop in prices amid economic recession). China is engaged in a tariff war with the United States, which can only act to further decrease its prices. As China needs to stabilize p...
U.S. President Donald Trump has imposed a total tariff bomb of 104% on China, prompting an immediate retaliation from China. On the 9th, the China State Council’s Tariff Regulations Committee stated, "Starting from 12:01 p.m. on the 10th (local time), the tariff rate imposed on all U.S. imported goo...
On the 9th, Chinese President Xi Jinping said that he would strengthen strategic mutual trust and industrial and supply chain cooperation with neighboring countries. This is interpreted as Xi's first message since the trade war with the United States intensified, indicating a desire to foster friend...
