China

Navigating the Shifting Tides: China’s Evolving Approach to Global Trade in the Post-Pandemic World

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China’s Trade Performance amidst Global Challenges Despite a myriad of internal and external pressures, China’s foreign trade has demonstrated an unexpected resilience in the initial four months of 2023. Aided by a resurgence of demand stemming from the aftermath of the COVID-19 pandemic and the steep upswing in replenishment needs from international retailers, China’s imports … Read more

The Revitalization of China-Australia Economic Relations: A Beacon of Hope Amidst Global Tensions

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Reigniting the Flame: High-Level Economic Talks Resume The diplomatic journey between China and Australia has been nothing short of a rollercoaster ride. Yet, a fresh gust of optimism is blowing across the diplomatic corridors with the recent visit of Australian Trade Minister Don Farrell to Beijing. This visit marked a significant milestone in the recovery … Read more

Bolivia Considers Yuan-Based Trade: Echoing a Growing Latin American Trend

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The potential move by Bolivia towards yuan-based international trade signifies a shift in Latin America’s economic relations, reflective of China’s expanding influence in the region. Embracing the Yuan: Bolivia’s New Trade Strategy Bolivian President Luis Arce, during a recent press conference, expressed a willingness to consider the Chinese yuan for international trade, following similar decisions … Read more

China and Ecuador Ink a Landmark Free Trade Agreement: An In-Depth Analysis

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The Significance of the China-Ecuador Free Trade Agreement The signing of the Free Trade Agreement (FTA) between China and Ecuador marks a pivotal moment in the bilateral relations of these two nations. The FTA, inked on May 11, 2023, is poised to enhance the transparency, stability, and favorability of the business environment for enterprises operating … Read more

Copper Prices to Recover Slowly Amid Economic Uncertainties

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Low Inventories Support Copper Prices Copper prices are expected to experience a moderate recovery in the coming months, primarily driven by low inventories. However, the upward trend may be limited due to weak physical demand in China and concerns over a potential global recession, according to a Reuters poll. Copper prices have been losing momentum … Read more

Oil Prices Plummet Amid Reduced Demand in China, Fed Rate Hike, and Global Market Shifts

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Fed’s Interest Rate Hike Plans Impact Commodity Markets The US Federal Reserve’s plan to raise interest rates by 25 basis points above 5% to curb inflation is causing a ripple effect in stock and commodity markets, decreasing speculative demand and prices for oil and other commodities like grains and oilseeds. The move to increase interest … Read more

Increasing Risks for US Businesses in China: A Closer Look at the Challenges in International Trade

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US Chamber of Commerce Raises Concerns The US Chamber of Commerce has recently issued a warning regarding the increasing uncertainties and risks for American businesses operating in China. With heightened scrutiny from Chinese authorities, American firms are finding it more challenging to navigate the complex landscape of international trade in the country. The chamber is … Read more

The Emergence of Russia, India, and China in the Global French Fries Market: A Game Changer for the Industry

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The global french fries market has experienced a significant transformation in recent years, with Russia, India, and China emerging as dominant players in the industry. The departure of major producers such as McCain Foods and Lamb Weston from Russia has paved the way for increased production and the opening of new factories in these countries. … Read more

China’s Foreign Trade Policy: Stability and Structural Improvement Amid Global Uncertainties

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In the face of rising global uncertainties, China is intensifying its efforts to stabilize its foreign trade performance and improve the trade structure by implementing various policy measures. This article delves into the challenges faced by China’s foreign trade sector and discusses the strategies being adopted to ensure its growth and stability. The focus lies … Read more