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.

At the Munich Security Conference, one of the most prominent political gatherings focused on international security policy, China's Foreign Minister articulated Beijing’s vision for global cooperation while also addressing concerns over rising protectionism and unilateralism.

Italian Prime Minister Giorgia Meloni visited Beijing this week, where she talked about balancing bilateral trade and investment, and signed sectoral agreements in a number of areas, including electric vehicles and renewable energy.

Starting in July, Türkiye will extend the 40% additional tariffs on Chinese electric vehicles to other kinds of vehicles, despite the fact that China has questioned the WTO-consistency of the tariff hike on various occasions.

During Chinese Minister of Commerce Wang Wentao's visit to Europe this week, he tried to highlight positive ties with Spain, Portugal, and Greece as a way to create leverage against the growing use of EU trade defense tools on Chinese goods and services.

Chinese President Xi Jinping's state visit to Hungary last week led to the signing of 19 economic cooperation and promotion documents, paving the way for more collaboration on technology and new energy, as China faces headwinds in the United States and Europe in these sectors. A number of

During Chinese President Xi Jinping's state visit to Serbia last week, the two governments announced that their bilateral trade agreement will enter into force on July 1, covering goods such as autos, solar modules, and lithium batteries.