China's trade ministry and the European Commission have agreed to start consultations on the EU anti-subsidy investigation of Chinese electric vehicles (EVs), after China criticized the EU's practices during the investigation and warned of a trade war.

China's Ministry of Commerce (MOFCOM) has criticized the European Commission for requesting an "unprecedented" amount of proprietary information during the anti-subsidy investigation of Chinese electric vehicles (EVs).

Last week, the British government imposed a new round of sanctions against Russia's "war machine," with five Chinese companies targeted.

Today, China's Ministry of Commerce announced that it will launch an anti-dumping investigation on pork and pig by-products from the European Union, potentially hurting Spanish exports the most.

Last week, the U.S. government sanctioned 46 Chinese entities and individuals for supporting Russia's economy in the defense, technology and manufacturing sectors.

Today, China and New Zealand announced the launch of negotiations on services trade. They also signed documents to facilitate trade in infant formula and kiwiberry.

The China-Eurasia Expo, a flagship event slated to take place in Xinjiang's capital Urumqi, has emerged as Beijing's platform to bolster the region's trade ties amid ongoing scrutiny. From oil and gas to renewable energy, the Expo aims to cast a spotlight on the