A partnership between Chinese and Brazilian companies in shipping and infrastructure is poised to create new opportunities for both nations while exemplifying how countries in the Global South can establish complementary collaborations that enhance the stability and growth of the global trade system.

China's economic performance in the first half of the year can be gauged from three key aspects: export resilience amid external challenges, policy-driven investment and consumption, and domestic economic dynamism.

In the current global climate of rising protectionism, China has steadfastly adhered to the WTO-centered multilateral trade system while continuously advancing unilateral opening-up in an orderly way. This approach aligns with China's development goals and contributes much-needed stability and predictability to the global economic recovery and the governance reform.

While the rise of e-commerce is a challenge shared by the global retail industry, succumbing to anxiety and resorting to trade protectionism is clearly misguided. What may appear as protection for domestic industries has negative consequences.

This year, the volume of China-Europe (Central Asia) freight trains passing through the Horgos port has further increased. Despite some Western politicians' penchant for attacking Xinjiang with unfounded accusations, the facts demonstrate that Xinjiang is becoming an increasingly vital trade nexus.

In the first five months of 2025, China's software and information technology services industry experienced a revenue increase, reaching 5.5788 trillion yuan ($778.2 billion), a year-on-year rise of 11.2 percent, CCTV.com reported, citing data from the Ministry of Industry and Information Technology.

At a time when the global economic governance system is facing challenges from increasing unilateralism, China's proactive engagement in the reform of the World Trade Organization (WTO) demonstrates its steadfast commitment to multilateralism.

In an indication that tariffs are starting to hit American consumers, Reuters reported on Monday that prices for goods made in China and sold on Amazon.com have been rising faster than overall inflation. This insight comes from a study by the analytics firm DataWeave, which examined the prices of 1,400 different products. For those questioning whether tariffs could influence inflation, this study offers yet another piece of evidence.

The Asian Development Bank (ADB) was trying "very hard" to accommodate the concerns of the US over lending to China, including by slashing loans to it, ADB President Masato Kanda said, according to an AFP report on Monday.

Some Australian officials, who have often voiced dissatisfaction with China's cooperation with Pacific Island countries, seem to have found a new topic for complaint. However, this only highlights their excessive focus on geopolitical influence, which is misguided for regional development.

The 2025 Global Digital Economy Conference (GDEC), set to kick off this Wednes-day in Beijing, is shaping up to be an event with an international flavor. This comes as no surprise, considering China's open stance in the global digital economy. The na-tion's efforts to enhance international cooperation in this area have not only spurred its own digital economic growth but also injected a sustained impetus into the global economic landscape.

Americans will soon be celebrating the Fourth of July, or the Independence Day, with fireworks, but those fireworks may be more costly and harder to come by this year, as a result of US tariffs, US National Public Radio (NPR) reported on Saturday. Although the fireworks industry is not extensive in scale, it exemplifies, to some extent, the wider ramifications of the tariffs on the US economy.

As China keeps ramping up the renewable energy transition, a landmark "clean energy highway" project has begun operations. The project is the first UHV transmission line primarily designed to promote clean energy use in China. It holds profound implications not only for China's energy transition but also for the global renewable energy sector.

As the global economic order undergoes profound transformation, the multi-polar world system is being reshaped. In this context, China is fortifying its economic resilience through enhanced multilateral cooperation and a major shift toward domestic demand-driven growth.

In the face of external trade protectionism, Asia's efforts to promote free trade are expected to bolster the region's economic resilience and potential. This could offer valuable insights and serve as a positive influence for the global economy.

As the world shifts toward cleaner energy, China has become a key player in global renewable energy. Its robust hydropower sector, bolstered by strategic investment and innovation, is a positive asset that enhances both its domestic energy mix and global renewable energy efforts.

The growing awareness within the European business community about the significance of Chinese investment is a reminder that Europe needs to adopt a more pragmatic approach to Chinese investment as a key to overcoming its economic challenges.

US Federal Reserve Board Chair Jerome Powell told lawmakers on Tuesday that recent economic data would have likely justified continuing to lower interest rates if not for concerns that higher tariffs might derail the central bank's years-long fight to defeat inflation, the Wall Street Journal (WSJ) reported. These comments underscore the delicate balance the central bank must maintain in its battle against inflation, now further complicated by the unpredictable ramifications of US trade policies.

At a time when nations are grappling with rising protectionism and trade tensions, the necessity and urgency of upholding the rules-based framework of the WTO and safeguarding its international authority have reached unprecedented levels.

The US state of New York plans to build an advanced nuclear plant with the ability to produce at least 1 gigawatt of power, which would be one of the first new US reactors in a generation, Reuters reported on Monday, citing Governor Kathy Hochul. Currently, there appears to be a renewed interest in nuclear energy development in the US, although some analysts believe that achieving the government's nuclear energy ambitions could prove challenging.

Since its establishment, the Asian Infrastructure Investment Bank (AIIB) has faced skepticism and political interference from some Western countries. Yet, over the past decade, it has become a successful model of international cooperation. Despite ongoing interference, the AIIB remains committed to openness, inclusiveness and win-win cooperation, actively addressing challenges and continuously growing and expanding.

At a time when the global economy and trade are facing mounting uncertainties, the recent US move to inflame tensions in the Middle East seems to be steering the world economy toward an even more precarious situation. Whether through its protectionist policies or military actions against Iran, the US has emerged as the biggest source of uncertainty that has repeatedly plunged the global economy into turmoil.

A freight train loaded with maternal and infant products, cosmetics, and medical supplies departed Duisburg, Germany on Saturday, marking the launch of the return leg of the ASEAN Express service, the Xinhua News Agency reported.

South China's Guangxi Zhuang Autonomous Region has announced new measures aimed at promoting high-quality, innovative development in both services trade and digital trade, including initiatives such as building a China-ASEAN cross-border e-commerce livestreaming base.

In light of the increasing uncertainty surrounding the external trade environment faced by Asian economies, the urgency of enhancing regional economic cooperation to unleash the potential of internal demand is becoming increasingly prominent.

While some Western media outlets seek to divert international attention from unilateral US protectionist practices related to China by hyping the “China shock” narrative, it is crystal clear as to who is truly disrupting global trade and who is upholding free trade.

In Shenzhen, the pioneering city in South China that has adopted the "one order, one bag" model for departure tax refunds, continuous enhancements are improving the shopping experience for overseas visitors. A report published by Shenzhen Fabu, the city's official WeChat account, on Wednesday revealed a 37-percent surge in non-cash payment transactions among overseas visitors in the city. This surge underscores Shenzhen's potential and momentum in attracting overseas visitors and boosting inbound consumption, serving as a compelling case study for observing China's growth in this sector.

While the English Premier League, La Liga, and other top leagues are renowned worldwide, a grassroots league in East China's Jiangsu Province that kicked off just a month ago has captured the hearts of millions, evolving into a sensational cultural and sporting phenomenon. The league's rapid rise is a result of the deep convergence of the vitality of local economies and the sports spirit of friendly competition among cities.

The 2025 Lujiazui Forum, scheduled for Wednesday and Thursday, will highlight China's expanding influence in the global financial landscape. According to the Shanghai Municipal Bureau of Finance, this year's forum will include eight sessions centered around the theme - "financial opening-up and cooperation for high-quality development in a changing global economy." As uncertainties in the global economy grow, China's expanding financial opening-up is increasingly viewed as a stabilizing force in global finance.

As the world braces for uncertainties, global capital flows confirm that international investors' confidence in Hong Kong's financial market is further strengthening. Hong Kong is poised to play an even more significant role in safeguarding national financial security and fostering financial innovation.

China and the Central Asian countries have made significant progress in expanding their cooperation under the Belt and Road Initiative (BRI), achieving tangible results primarily in trade, investment, infrastructure development, and energy. Thanks to large-scale joint projects, the region has become an important link in the Eurasian logistics system, while Chinese investments have actively contributed to the modernization of Central Asia's economies.

The inaugural meeting of the China-Malaysia joint laboratory on oils and fats processing and safety, under the Belt and Road Initiative (BRI), was held recently, the Science and Technology Daily reported on Sunday. This first-of-its-kind laboratory between China and Malaysia within the BRI framework is expected to bolster the palm oil trade and enhance broader industrial cooperation between the two countries.

South Korea's export growth in the Southeast Asian market may represent an endeavor toward trade diversification. This trend may hold significant importance for expanding the Asian market.

In recent times, some American politicians and media outlets have deliberately exaggerated the US' trade deficit with China, claiming that the US suffers losses in international trade. These narratives attempt to justify Washington's efforts to escalate economic and trade tensions with China. This distorted "loss narrative" not only fails to address the structural problems of the US economy but also serves as a prominent disruption in current China-US trade relations. Breaking free from this zero-sum mindset is key to understanding the mutually beneficial nature of China-US trade and promoting stable, healthy, and sustainable bilateral economic cooperation.

Amid concerns over the uncertainty of US policies, calls for improving relations with China seem to be gaining traction in Canada. To make meaningful progress, Canada needs to set aside ideological biases and embrace a pragmatic approach to the development of bilateral ties.

The recent uptick in the performance of A-share and Hong Kong-listed biotech stocks, particularly those related to innovative drugs, mirrors the trend toward a faster internationalization of China's pharmaceutical sector. As reported by the Securities Times, the biotech sector in China's A-share market rose on Thursday afternoon, with the concept of innovative drugs attracting fresh interest. In the Hong Kong stock market, several stocks rose, including Sino Biopharmaceutical.

In the bustling heart of China's export powerhouse, Yiwu, located in East China's Zhejiang Province, a campaign to expand imports is underway. According to a report released by Yiwu Fabu, the city's official social media account, on Wednesday, the Yiwu Bonded Logistics Centre achieved imports of 6.907 billion yuan ($961.2 million) from January to May, a 49.2-percent year-on-year increase. Notably, imports for May alone reached 2.48 billion yuan, up 149.7 percent, setting a new record.

BRI science and technology cooperation is committed to enabling developing countries to keep pace with the global scientific and technological revolution and ensuring the fairness and accessibility of industrial transformation.

Brazil's plan to sell its first sovereign debt in the Chinese market is an important step for Brazil in expanding its financing channels and strengthening financial cooperation with China, as well as a clear indication of the growing appeal of the yuan as an international currency.

The European auto industry is rapidly transitioning toward electrification. On the one hand, European carmakers are facing stricter emissions targets; on the other hand, there is a growing acceptance of EVs among European consumers. These factors present opportunities for the growth of the EV industry. A key issue for Europe is how to seize this opportunity to further expand the EV market.

Australia's potential pivot toward expanding free-trade agreements reflects a broader global trend, fueled by increasing awareness among nations of the destabilizing risks posed by US trade protectionism.

In recent days, some US officials and media outlets have consistently raised concerns about the rare-earth issue. These claims by US media outlets are clearly an attempt to sway public opinion, deliberately stirring up confusion ahead of China-US trade talks. However, only through mutual respect can the US find answers to the rare-earth issue.

Considering the public's welfare, it becomes essential for the US to further lower its tariffs imposed on Chinese imports. Doing so would allow American families to access high-quality imported goods at more affordable prices.

By further optimizing innovation transformation processes and fostering an open innovation ecosystem, the Yangtze River Delta is well-positioned to strengthen its efforts in building world-class industrial clusters, playing an increasingly central role in global economic and technological competition.

The US economy stands at a critical crossroads between growth and recession. The trajectory will largely hinge on the ability of policymakers to address a myriad of pressing challenges, including inflationary pressures, labor market dynamics, and tariffs.

Foreign healthcare providers are increasingly viewing medical tourism as a promising growth frontier in China, as the world's second-largest economy deepens its high-level opening-up and accelerates the development of its services trade sector - reshaping the landscape of its healthcare industry, particularly in international medical tourism.

In recent remarks about China, US Treasury Secretary Scott Bessent's comments have been summarized by some media outlets as suggesting that China has a "choice" on whether or not to be a "reliable partner." This comes at a time when the US has initiated a tariff storm, causing significant disruptions to the global economy, while China continues to expand its high-level openness and actively support multilateralism. Against this backdrop, the question of who qualifies as a reliable partner to the rest of the world - and who should make more effort and has a "choice" toward that end - appears to have an obvious answer.

In a move that highlights Shenzhen's dual focus on sci-tech innovation and high-level opening-up, the city's Commerce Bureau and Development and Reform Commission have jointly released the Implementation Plan for Promoting High-Quality Development of Service Trade and Digital Trade, according to an official post published Wednesday on the "Shenzhen Release" WeChat account. The plan sets an ambitious goal: by 2030, digitally deliverable services will make up more than 50 percent of Shenzhen's total services trade volume.

In a recent BBC article titled "How electric scooters are driving China's salt battery push," the spotlight was cast on the burgeoning role of electric scooters in advancing China's battery technology, specifically through the development of sodium-ion batteries. While the focus on electric scooters provides a fascinating glimpse into the sector, it does not fully represent China's battery industry, as the application scenarios for sodium-ion batteries are not limited to electric scooters.

In the face of the US tariffs on auto imports, the latest sales results from South Korean automakers have drawn significant attention, shedding light on the remarkable resilience of the Asian vehicle industrial chain.

The US plan to double tariffs on imported steel and aluminum from 25 percent to 50 percent starting from Wednesday has raised significant concerns and opposition, highlighting the risks of trade tensions stemming from unilateral protectionism.

In recent years, Hungary has become increasingly attractive to automakers and automotive supply chain companies amid its enhanced cooperation with Chinese EV firms. According to Business Korea, Solus Advanced Materials operates the sole copper foil production plant in Europe, located in Hungary.

Editor's Note: The global economy faces profound shifts as rising unilateralism challenges the multilateral trade order. How should countries respond to these challenges? What is China's role in safeguarding the multilateral trading system? In an exclusive interview with the Global Times (GT), Nan Li Collins (Li), senior director of the Division on Investment and Enterprise at UN Trade and Development (UNCTAD) and chair of the UN Sustainable Stock Exchanges Initiative, shared his views.

Since the start of the year, the US has introduced a series of unilateral measures, rekindling global trade tensions. In particular, the so-called "reciprocal tariff" policy has posed a grave threat to the stability of global supply chains and the global economy. As the global economy is facing multiple challenges such as geopolitical risks, the resurgence of protectionism, and supply chain restructuring, stable, open, and mutually beneficial cross-regional cooperation is particularly valuable.

There is an acknowledgment within the European EV supply chain that cooperation with China is not only vital for reviving the European battery industry but also offers opportunities to capitalize on the complementary strengths of both industries.

The US tariffs already implemented have placed a heavy burden on the US economy. The imposition of a 25-percent tariff on imported vehicles, initiated in April 2025, aims to revitalize America's domestic auto industry, but industry experts warn that these tariffs could disrupt the global automotive supply chain and have negative impacts on auto manufacturing in the US.

The euro's journey toward a greater international role is a complex and challenging one. However, by embracing cooperation with developing countries, the eurozone can find a new path forward.

The ongoing economic exchanges between the mainland and Hong Kong, coupled with increasingly integrated transportation networks and measures to facilitate travel, are expected to bolster people-to-people exchanges and create more opportunities for consumption. This "consumption dividend" becomes particularly evident during holiday periods, manifested through tourism.

If there is any competition between China and the US in Latin America, it should not be a zero-sum game. Instead, it should be about which country can provide more development and win-win cooperation opportunities for Latin American nations.

The resumption of the China-Vietnam international passenger rail service offers just a glimpse into the complex web of transportation, trade and industrial networks that interconnect China and ASEAN economies. These networks prove to be able to endure external pressures, amid the backdrop of US tariff policies disrupting global supply chains.

The 4th China-CEEC Expo and International Consumer Goods Fair concluded on Sunday in Ningbo, East China's Zhejiang Province. The event highlighted continuously growing China-CEEC cooperation despite headwinds in global trade.

Although Hong Kong's logistics industry faces a complex and challenging global trade landscape in recent years, its unique advantages make it well-suited to serve as a regional logistics hub and further strengthen its critical role in global trade.

China and the US made substantive progress in the Geneva trade talks. The recent tariff rollback represented a positive step, reflecting China's continued commitment to de-escalating trade tensions and safeguarding global economic stability amid US political complexities. Beijing demonstrated flexibility and responsibility by supporting global supply chains and strategic sectors.

Following the China-US trade talks in Geneva, Switzerland, American companies have once again triggered a "shipment surge" from China. The wave of accelerated imports to the US is a manifestation of the intertwining and complementary economic and trade ties between China and the US.

As the market faith that has long unconditionally backed the US dollar and Treasury bonds begins to wane, the halo of US Treasury debt as the risk-free asset is rapidly dissipating.

China's first export of standardized new-energy locomotives to Kazakhstan marks a milestone for BRI's green vision. Such clean-energy projects highlight how BRI drives economic growth while addressing global climate challenges.

Washington's repeated efforts to take unilateral measures against Chinese manufacturing increasingly look like a self-defeating game, which inflicts damage on its own economy while proving futile in hindering China's development.

There is growing evidence of South Korean businesses showing an increased interest in the Chinese market. This shift, driven by market forces, underscores the necessity for Asian economies to enhance internal economic cooperation and embrace a higher degree of openness amid the increased uncertainty and challenges brought by US tariff policies.

It appears that the USTR office is planning to stage another political show over tariffs on Chinese-built cranes. Yet, the strong opposition from the domestic sector shows that a policy prioritizing political posturing over economic reality is fundamentally unviable.

The steady rise in foreign holdings of Chinese government bonds signals growing confidence among global investors in the stability and long-term resilience of China's economy. At a time when international markets are grappling with volatility and uncertainty, the relative appeal of yuan-denominated assets is on the rise.

The US government might hope its tariff policies would bring an influx of investment to the American economy. However, according to a report by Politico on Sunday, some of the people working to lure those investments to US cities and states said they're not seeing the investment boom, at least not so far. This adds to the evidence that Washington's tariff policies may make it difficult to achieve the desired effects, as economic realities are far more complex than political slogans.

At a time when the global economic outlook faces multiple uncertainties, the deepening integration between Hong Kong's capital markets and the Chinese mainland's high-tech companies has been increasingly of significant strategic importance. This evolving relationship strengthens Hong Kong's position as a leading international financial center while establishing a vital financing avenue for the mainland's technology sector, particularly as the US intensifies its technological containment strategy against China's high-tech advancements.

In a move that underscores the economic value of 5G technology, the world's first 5G-Advanced (5G-A) open-pit mine in Hulunbuir, North China's Inner Mongolia Autonomous Region, has started operating a fleet of 100 unmanned electric mining trucks, according to media reports on Sunday. This is seen as another example of how various advanced technologies including artificial intelligence (AI) are empowering the traditional mining sector and driving the digital transformation of conventional industries.

With the US continuing to tighten restrictions on chip exports to China, US-based chip giant Nvidia's struggle to adjust exports to one of its key markets has once again come into the spotlight.

The trade agreement reached between China and the US in Geneva, Switzerland has drawn global attention, which has received positive responses from various sectors.

This year marks the conclusion of China's 14th Five-Year Plan (2021-25) period. The 2025 Government Work Report has underscored the importance of fully meeting the plan's objectives, setting a solid foundation for a strong launch of the 15th Five-Year Plan (2026-30).

The latest projections from the APEC present a concerning outlook. The situation underscores the growing urgency of strengthening multilateral cooperation to tackle various development bottlenecks. And China has been a steadfast supporter of multilateralism.

In the first four months of this year, the issuance of panda bonds - yuan-denominated bonds issued by foreign financial institutions in China - reached 62.2 billion yuan ($8.6 billion), according to a report by the Xinhua News Agency on Wednesday. This expanding market not only testifies to China's commitment to high-level financial opening-up but also reflects a growing global appetite for the yuan.

As China advances its unilateral visa-free policy and expands international flight routes, the country is experiencing a significant increase in foreign tourist arrivals. This, beyond goods trade, provides us with an interesting perspective to examine China's resilience and potential in services trade – an essential component of foreign trade that is emerging as a new driving force for the development of trade chains.

The immediate increase in container freight rates is a direct reflection of market expectations regarding the continuity of manufacturing links between the US and China. It also paints a telling picture of the efficiency and flexibility of China's manufacturing sectors.

Brazil's renewed currency swap deal with China underscores deepening financial ties between the two countries, serving as a positive example for other Latin American countries amid the volatility of the international financial market.

Despite increasing economic uncertainty and trade disruption caused by some countries' rising protectionism and unilateral tariffs, the stability and continuity of Chinese investment in Germany underscore the strong resilience of China-Germany economic and trade cooperation, which proves that mutually beneficial cooperation prevails over misguided protectionism.

The energy cooperation between China and Canada has emerged as a topic of growing significance. Yet, realizing the full potential of this complementary relationship hinges on Canada's ability to adopt a more pragmatic approach toward China.

Recent economic statistics vividly illustrate China's resilience in the face of external pressures, providing a strong counter-narrative to the "China collapse theory" promoted by some Western analysts. This theory resurfaced in the wake of US tariffs that have unsettled the global economy for some time, although they are to be adjusted, it was announced on Monday.

Despite facing external challenges, China's steel industry has continued to focus on internal improvement and lay a solid foundation for the wider manufacturing sector. This stands in stark contrast to the US strategy of trying to revive its steel industry through tariffs.

Although US government officials have chosen to downplay the negative impact of tariffs on the American economy, an increasing number of local officials and business leaders are raising alarms, and more economists are warning of recession risks.

As the first high-level trade talks between China and the US takes place in Switzerland over the weekend since the US government imposed steep "reciprocal tariffs" in April, global attention is not only on the meeting itself but also on the wider economic context surrounding them. In the face of the US unilateral tariffs and bullying, China is responding with confidence, upholding opening-up to foster stability and countering the uncertainty created by US tariff policies.

The Chinese understand that compromise under pressure does not bring peace or respect. In this context, China does not need to rush during the talks, considering that its economic resilience, particularly in the face of US tariffs, affords it a flexible strategic space. China will not, and indeed does not need to, make concessions on matters of principle.

China's private sector promotion law, which will come into effect on May 20, represents China's first fundamental legislation dedicated to shoring up the private sector. Notably, sci-tech innovation is included as an independent chapter among the nine chapters of this landmark law.

From the perspectives of trade structure and industrial competitiveness, China's economy has demonstrated greater resilience against the US coercion, particularly if the US government stubbornly persists with its steep tariff policy, leading the trade relationship into a prolonged deadlock.

Powell's comments and the Fed's wait-and-see approach, while seemingly in line with market expectations, lay bare the central bank's concerns about the potential repercussions of the US tariff policy on the broader economy.

China's monetary and financial authorities on Wednesday unveiled supportive measures that cover various aspects of the economy, including monetary policy and the stock, foreign exchange, bond and real estate markets. This package is notable for its intensity and targeted approach, sending a powerful policy signal that is expected to further boost confidence and stabilize expectations.

The participation of Chinese companies in the Smarter E Europe 2025 not only reflects China's advancements in clean energy technology but also underscores the increasingly close and indispensable complementary relationship between China and Europe in the energy transition.

US Treasury Secretary Scott Bessent's skepticism and bearish stance on the Chinese economy have encountered a rather ironic twist of fate. China's GDP grew at a robust 5.4 percent in the first quarter, in sharp contrast with the US, where GDP decreased at an annual rate of 0.3 percent in the same period, the first decline since the first quarter of 2022. This juxtaposition not only challenges the narrative of China's economic fragility in the face of US tariffs but also raises questions about the endurance of the US economy amid the chaos sparked by tariffs.

It seems that the recent developments surrounding US export controls on advanced artificial intelligence (AI) chips underscore its deepening anxiety in the face of China's technological advancement. Its reliance on an escalating chip blockade, aimed at preserving US technological hegemony, is a short-sighted approach that won't help in enhancing the competitiveness of the AI industry in the US and curbing China's technological progress in this crucial field.

Given its status as the world's foremost hub for the production and sale of electronic components, it's unsurprising that China's electronic component sector has caught the eye of investors. Currently, although the US frequently wields the tariff stick, which presents challenges to the global industrial chain, several factors continue to bolster the inherent growth potential of China's electronic component industry in the face of ever-changing external conditions.

Some indicators hint that we might see continued volatility in the currency markets for a while. According to Bloomberg, a sharp rise in both common and more remote option wagers shows that traders are preparing for bigger market swings to become the norm.

Australian Treasurer Jim Chalmers said that the re-elected Labor government's first priority will be to address global economic uncertainty. The stated priority could mean greater win-win cooperation with China.

By abandoning multilateral trade rules and wielding the unilateral tariff stick, the US seeks to achieve policy objectives like reducing trade deficits. However, this strategy, rooted in misguided assumptions, is likely to backfire. If the US continues down this path, it will have significant repercussions for the global trade system, ultimately undermining its own standing.

In the US government's calculation, imposing tariff hikes is seen as a strategy to reduce dependence on China and revitalize American manufacturing. However, in the long run, this misguided approach is unlikely to succeed.