Huan Zhu
China and Ecuador Restructure Debt, Continue Trade Talks
Last week, China and Ecuador announced an agreement to restructure Ecuador's $4.4 billion in outstanding debt, and also advanced trade talks and said they hoped to reach a trade deal by December.
China and GCC to Work on FTA and Supply Chains
The Chinese foreign minister and his GCC counterparts met this week, with the two sides agreeing to "reach [] common ground" on a trade agreement "at an early date."
China Raises WTO Concerns Related to U.S. Electric Vehicle Tax Credit
A spokesperson for China's Ministry of Commerce has raised concerns about the discrimination against foreign products that is part of the electric vehicle tax credits in the U.S. Inflation Reduction Act (IRA).
China Starts Countervailing Duty Expiry Review on EU Potato Starch
China's trade agency recently announced the launch of an expiry review on countervailing measures imposed on potato starch from the European Union (EU).
SCO Members Vow to Boost Trade, Investment, and Currency Settlement
During their meeting last week, members of the Shanghai Cooperation Organization (SCO) vowed to increase cooperation in trade, investment and currency settlement.
China Wants a Close Relationship with South Korea, amidst Pressure from U.S. on Tech
During a recent visit to South Korea, a top Chinese legislator reiterated his hope for strengthening the bilateral relationship, especially in high-tech and supply chains. So far the rhetoric on both sides has been positive, but whether anything concrete will materialize remains to be seen as South Korea is under
Modest Growth of China's Economy in August, But Headwinds Remain
Chinese officials released domestic economic data for August. Stimulus measures have helped boost growth in some sectors, while other sectors are facing more headwinds.