Over the first two months of 2024, China's services trade grew 22.8%, according to the Ministry of Commerce (MOFCOM), and its intellectual property (IP) exports grew over 80%.

China's Ministry of Commerce (MOFCOM) revealed that in 2023, China's total contract amount of offshore service outsourcing contracts reached US$215.4 billion, with the top destinations being the United States, Hong Kong, the European Union, and RCEP countries.

According to official Chinese data, Xinjiang's exports to the United States and the rest of the world witnessed a rise last year. However, the region's trade is heavily skewed as it concentrates on a small set of nations and products.

With China's new export controls on graphite entering into force last December, data shows that the controls have had a significant impact on exports of natural graphite that had not been subject to export controls in the past. By contrast, the impact of the controls on artificial graphite

At a press conference today, MOFCOM spokesperson Shu Jueting provided comments on export licensing for graphite, Italy's official withdrawal from the Belt and Road Initiative, the state visit to Vietnam, and November trade data.

Data from China's Ministry of Commerce (MOFCOM) shows that over the first ten months of 2023, services trade totaled 5.34 trillion yuan (about US$750 billion), with imports growing nearly a quarter, thanks to the recovery of travel services. Meanwhile, Beijing is trying to expand digital services

Lithuanian Foreign Minister Gabrielius Landsbergis said in a recent interview that "most of the economic pressure measures [from Beijing] against Lithuania have been lifted." A deeper dive into its trade data with China indicates that while there has been a partial recovery from the trade disruptions of last