A U.S. government-backed review concludes that China's flagship industrial policy, Made in China 2025 (MIC 2025), a document to transform the nation into a global manufacturing powerhouse by targeting ten critical technology sectors, has produced mixed but overall transformative results.

Official data shows that in October, China's overall rare earth exports experienced mixed results but were mostly stable. Rare earth magnet exports continued to grow year-on-year, underscoring the continued and complex reliance of global supply chains on Chinese rare earth processing power.

Taiwan last week lifted its ban on Japanese food imports, a restriction that had been in place since the 2011 Fukushima disaster. The move comes as diplomatic relations between Beijing and Tokyo sour over comments by Japanese officials regarding Taiwan's status.

Earlier this month, China and the Republic of the Congo signed an early harvest agreement on trade, granting tariff-free treatment to goods from the African country.

The Dutch government announced today that it was suspending its order targeting the Chinese-owned semiconductor company Nexperia, marking a de-escalation in the heated two-month dispute. However, the action is separate from a prevailing court ruling that restricts control over the company, leaving the underlying dispute unresolved.

Mounting political tensions between Beijing and Tokyo over Taiwan are rapidly spilling into the economic sphere, with China initiating a travel advisory and postponing the release of Japanese films.

Earlier this month, China and Georgia formally concluded negotiations to upgrade their Free Trade Agreement (FTA), marking a milestone in enhancing their bilateral economic and trade relations.