The Chinese Ministry of Commerce (MOFCOM) voiced "firm opposition" against a new Section 301 investigation on Chinese shipbuilding and other sectors, and also against President Biden's calls for raising tariffs on Chinese metal imports, labelling them a violation of international trade rules and vowing to take

A recent report reveals that China is phasing out U.S. chips in its telecom system, a move likely driven by the broader U.S.-China technology rivalry, as both sides seek to bolster the security of their technology supply chains.

In response to U.S. Treasury Secretary Janet Yellen's discussion of Chinese industrial overcapacity last week, Vice Finance Minister Liao Min pushed back against Yellen's comments in a press conference. His responses suggest that there is disagreement between the two sides on the scope and seriousness

At a press conference on Monday, several reporters pressed U.S. Treasury Secretary Janet Yellen on the Biden administration's strategy for addressing Chinese industrial overcapacity, in light of her comments about the issue during her visit to China.

Last week, Chinese MOFCOM officials led by vice minister Wang Shouwen visited the United States for the first vice-ministerial meeting of the bilateral Commercial Issues Working Group, a communication mechanism created last year.

Over the past few days, U.S. Treasury Secretary Janet Yellen has been in China, and during her trip she has raised a number of trade issues with her Chinese counterparts, with a focus on overcapacity and its impact on foreign markets.

At today's press conference on China's foreign policy, Chinese Minister of Foreign Affairs Wang Yi criticized the United States "unilateral sanctions list," as well as a conflicting message sent by the European Union on its relationship with China.