Huan Zhu
Beijing Calls for Stronger WTO Role Amid Global Trade Tensions in Meeting with WTO DG
During a meeting with WTO Director-General Dr. Ngozi Okonjo-Iweala yesterday, China's Commerce Minister Wang Wentao called for the World Trade Organization to strengthen its oversight of unilateral tariffs and accelerate reforms.
China-EU Tensions Heat Up Over Medical Device Trade
The Chinese government has slammed the EU-proposed measures to restrict the market access of Chinese medical device producers in the EU as "discriminatory" and "unilateral." This marks a new front in the EU-China trade conflict, affecting an industry with approximately $20 billion annual trade.
Blame Game Escalates: China Says U.S. Undermined Geneva Deal, Not Beijing
In the latest escalation of the war of words, Beijing is pushing back forcefully against U.S. accusations that it has failed to honor commitments made during the Geneva trade talks, instead leveling its own charges that Washington has violated the recent truce by imposing new export controls and other
Backed by Beijing, China's Auto Association Pushes to End Destructive Price War
China's auto association is sounding the alarm over a "cutthroat" price war that is eroding profitability and jeopardizing the industry's long-term health, after a new round of price reductions. The China Association of Automobile Manufacturers (CAAM) has publicly called for an end to unfair
China, U.S. Tensions Rise Over Export Controls
U.S. and Chinese trade officials have gone back and forth with criticisms in recent days, taking each other to task for actions after the Geneva agreement to roll back tariffs and trade restrictions and negotiate a broader trade deal.
China Deepens Ties with ASEAN and GCC Amidst Trade Tensions
Facing persistent trade frictions with Western powers, China is intensifying its economic engagements with key partners across the globe. A summit this week involving leaders from ASEAN, the Gulf Cooperation Council (GCC), and China is the most recent example of such effort.
China Meets with EU Firms in Semiconductor Supply Chains Amid Export Control Concerns
Yesterday, officials at the Chinese Ministry of Commerce (MOFCOM) held a roundtable discussion on semiconductor supply chains with European and Chinese companies and trade associations, emphasizing the importance of cooperation amidst China's new export control rules and indicating a potential relaxation of restrictions for EU-linked supply chains.