Even the most optimistic observers have to acknowledge that as the WTO's 13th Ministerial Conference (MC13) draws closer, there is still no sign of any concrete breakthrough for the WTO reforms. The MC13 is scheduled to take place next week in Abu Dhabi, United Arab Emirates.
With financial markets once again facing uncertainty about the Fed's rate policy, China is moving at its own pace to provide certainty for market expectations, which not only highlights the flexibility of China's monetary policy, but also reflects its ability to stabilize confidence.
It seems that the EU is cementing its leadership as the primary regulator of tech giants, but to truly uphold fair digital competition and safeguard internet users from illegal online content, it needs to eliminate ideological bias in policy decisions concerning Chinese companies like TikTok.
When the world is grappling with climate change challenges, the possibility of a slower transition to EVs in the US doesn't bode well, as it is a sign of the dilemma for American automakers in promoting EVs.
Despite US concerns about China's growing cooperation with Pacific Island Countries, China's stance and actions of helping those countries achieve social stability and economic development won't be affected by geopolitical interference.
Whether or not Volkswagen can withstand the new wave of Western pressure, it won't stop China from strengthening and consolidating Xinjiang's manufacturing edge for the purpose of the region's prosperity and stability.
While there may be a risk of increased competition between China and the EU in green industry development, this does not obscure the big picture of bilateral green energy cooperation.
If Chinese-made goods are blocked from entering the US market due to being labeled as the result of “overcapacity” or “dumping,” American consumers will have to spend more money purchasing products with the same quality as Chinese ones.
Aimed at maintaining financial stability, China's regulatory efforts will not change its long-term goal of promoting high-level financial openness, but will further serve the goal instead.
Almost two years after the Biden administration unveiled its Indo-Pacific Economic Framework (IPEF), the economic initiative still hasn't generated any real trade deals, a development that may have disappointed the participating countries rather than surprising them, as the IPEF itself is originally a strategic alliance targeting China in the guise of boosting trade ties.
It is no secret that ever since Western governments froze approximately $300 billion of sovereign Russian assets, they have been working on plans to legitimately seize those frozen assets. However, instead of addressing any of the problems in the Russia-Ukraine conflict, confiscation will only set a disastrous precedent in the international financial system.
The US appears to be increasingly inclined to use non-market means to dodge market competition. An addiction to this approach may backfire.
IMF's upward revision of its forecast for China's 2024 economic growth is undoubtedly a good sign pointing to the improving confidence and expectations for the Chinese economy among Western public opinion.
While the US "carrot" of chip assistance dangling in front of Vietnam seems very tempting, if the Southeast Asian nation really wants to develop its semiconductor sector, it needs to first dilute the geopolitical influence on its industrial development as much as possible.
Even though the global economic slowdown and an ideology-based approach to China policy may introduce some volatility into China-Germany trade relations in the short term, there won't be a fundamental change in the momentum of bilateral economic ties.
The US government is expected to award billions of dollars in subsidies to top semiconductor companies, including Intel and TSMC, in the coming weeks to help build new factories, the Wall Street Journal (WSJ) reported on Saturday. However, even if the report is true, subsidies can only play a limited role in underpinning a renaissance in US manufacturing.
With deepening ties between China and Central Asia, Xinjiang has emerged as a key driver in the country's western opening-up and cooperation with neighboring countries.
The escalating crisis of Boeing is giving rise to mounting frustration and anger within the aviation industry, as repeated safety problems of the American aviation giant, which highlight its poor quality control, along with regulatory failures and narrow-minded US industrial policies, clearly can't easily be fixed.
Despite Washington's emphasis on adjusting its focus on Africa, it seems that US-Africa cooperation may still be a test of whether the US return to Africa can actually yield results or become just more empty talk.
The latest advances in China-US agricultural cooperation are revitalizing and enhancing bilateral agricultural trade, bringing relief to the US agricultural sector. This development should be valued by both sides.
There are increasing indications that the US "chip dream" is proving to be a challenging and intricate task, even for the world's largest chipmaker. In light of Washington's predatory practices, it appears that there is limited flexibility. According to The Wall Street Journal on Friday, Taiwan Semiconductor Manufacturing Co (TSMC) said it expected another delay to its second semiconductor plant in the US state of Arizona.
It is hardly surprising that European politicians have again resorted to employing the "China threat" narrative to pressure Chinese infrastructure investments in Europe. Their motives appear to be purely political, disregarding the substantial economic benefits that stem from China-EU infrastructure collaboration.
Despite the uncertainties caused by climate change, geopolitical conflicts and supply chain restructuring that hit the world economy in 2023, the complex and volatile political and economic situation hasn't shaken the bullishness of Chinese companies, largely due to the growth potential of Chinese manufacturing.
While electricity trade between India and Nepal appears to give the former a commanding advantage against China in Nepal's hydropower sector, there is also growing concern as to whether India's geopolitical game of edging China out could jeopardize Nepal's power projects and energy supply ambitions.
China's National Bureau of Statistics is due to release the country's GDP data for 2023 on Wednesday. While there seems no doubt about whether China's GDP met the government's annual target in 2023, a new wave of Western speculation about China's "grim" economic prospects has unfolded.
With China's mediation and effort to drive progress, representatives of Myanmar's military and three armed ethnic groups in northern Myanmar held peace talks in Kunming, capital of Southwest China's Yunnan Province, and reached a formal cease-fire agreement, Chinese Foreign Ministry spokesperson Mao Ning said on Friday.
Even as geopolitical tension remains a risk factor that global industry chains can hardly ignore, Chinese tech companies are making a comeback at this week's 2024 Consumer Electronics Show (CES) in Las Vegas, the US, a reminder that Chinese manufacturing's technological innovation will continue to march toward global markets.
Maldivian President Mohamed Muizzu's ongoing state visit to China this week has become the focus of international attention, particularly among the Indian public.
As China leads in the electric vehicle (EV) field, it has made major steps toward forming its own technological development system, an example of the manufacturing sector's evolution and upgrading. It's also the key to how Chinese manufacturing will manage to break US containment.
While some forces may want to play up the decreased investment from the island of Taiwan into the Chinese mainland in order to undermine the mainland's economic appeal to the island, it does not change the fact that the mainland's economy continues to be an important support for Taiwan.
As the US aerospace giant Boeing comes back into the spotlight, so does the US manufacturing sector. However, there are many man-made obstacles that stand in the way of a US manufacturing revival.
The legal battle between Chinese laser printer manufacturer Ninestar and the US government has further revealed how brazen Washington is in implementing trade bullying by pinning the label of so-called forced labor on China.
As natural gas plays an increasingly important role in the global energy transition and global energy trade, the strengthened position the US has taken in the global liquefied natural gas (LNG) market has become an urgent reminder that vigilance is needed as to the impact of Washington's growing energy hegemony and potential measures it may take to strengthen or maintain that hegemony.
As the US further tightens the requirements for obtaining tax credits for buying electric vehicles (EVs) in 2024, the policy aimed at protecting the US auto industry is creating a new dilemma for local carmakers: If they have to increase their costs significantly so buyers can qualify for the tax credit, then how can their competitiveness be guaranteed?
As we enter 2024, what lies ahead for the Chinese economy and its global trade have become hot topics in the arena of public opinion. In the new year, quick adjustments may provide people with new perspectives on China's foreign trade - the imports and exports of intermediate products.
A further US extension of China "Section 301" tariff exclusions till May 31, 2024 has been praised by the business community, but there are some disappointments, as the US' moves toward improving bilateral trade are limited.
It's almost 2024, and speculating how China's economy will fare next year has become one of the hottest topics among economists and media outlets, which are especially interested in predicting China's GDP growth.
With expanding financial activities between China and its neighboring countries, challenges in the area of financial security are giving rise to the growing need for regional cooperation in combating financial crimes, which is conducive to maintaining regional stability and creating a better environment for regional cooperation.
Editor's Note: In recent years, the US has displayed an increasing willingness to implement tariffs and chip restrictions. These moves have raised concerns about the potential impact on the global economy and cooperation between China and the US. In an interview with Global Times reporter Wang Yi (GT), US Nobel Prize-winning economist Thomas Sargent (Sargent) expressed his optimism regarding China's economic and technological advancements over the medium and long term, despite the imposition of US tariffs and chip restrictions.
Given China's important role in global shipping industry and trade chains, the country's advantage in promoting Chinese logistics data platform is unshakeable despite US political pressure.
China's restriction on the export of some rare-earth technologies has stirred a new wave of conspiracy theories and geopolitical speculation about the global supply chain among Western media outlets. Yet, there is no indication that the rare-earth supply chain is at risk. Does the market really need to over-interpret the situation, just because the West may find it isn't easy to build a supply chain outside China?
Brazil takes growing share of global agricultural trade away from US, thanks to the South American country's closer ties with China and China's efforts to diversify import sources for food security.
With Christmas around the corner, cities in the US and Europe are in festive mode, and shoppers are busy buying last-minute Christmas decorations and gifts. Many of the dazzling Christmas goods on offer have a common origin - Yiwu in East China's Zhejiang Province, the world's largest wholesale market for small commodities.
Thailand's Land Bridge project could bring new issues into the complex and delicate economic and political situation in the region. This is something that Thai and global investors must take into account.
As Mexico is emerging as a popular destination for Chinese electric vehicle (EV) manufacturers to invest in, the question of whether the US will hinder this trend is gaining attention from industry insiders.
China and Russia have signed many agreements for agricultural and gas projects that could be extended for more than a decade, providing an important guarantee of the potential for bilateral cooperation.
It is no secrecy that China-Saudi Arabia economic and trade cooperation is deepening at an unusual speed. This is of great significance not only for the two sides to expand their economic development space but also for the peaceful development of the Middle East.
Those who deliberately use India to belittle China will be disappointed because the competition between China and India is not a fight between two boxers in a ring. If they want to think of it that way, then they are advised to first assess the weight of the two players.
Current trade structural challenges don't change China's position as world's largest trading nation. With targeted policy direction and sufficient support, it is believed Chinese enterprises can still expand their global network despite suppression of US.
If the reported rail cooperation plan materializes and the two neighboring countries upgrade their rail link, the efficiency of bilateral economic and trade exchanges will be further improved. The railway will become an important driver of economic and trade cooperation, bringing more jobs and promoting local economic development.
Canada cannot provide sound evidence to support Pickard's accusation against AIIB. As a result, politicians in Ottawa have had to announce an expansion of their investigation and rely on political statements to continue smearing the AIIB.
Complying with the US government's export ban while doing as much business as possible with Chinese customers will be one of the most challenging issues that US chipmaker Nvidia will face for a considerable amount of time to come, and it may also invite fiercer competition for market share in China.
Market opening-up is a two-way issue, so efforts from both China and EU are required to address factors that hinder openness and smooth trade.
As global trade is facing challenges, it is crucial for Shanghai to establish a strategic direction for the construction of a global shipping center, focusing on improving both hard and soft power.
Upcoming China-EU summit is seen as a good opportunity for both sides to deepen mutual understanding and manage differences. The opportunity shouldn't be sabotaged by anti-China forces.
If more politicians in the US call for imposing a China travel ban, it will undermine China-US relations. This may be exactly what Rubio wants, although it will greatly harm the US economy.
US Special Presidential Envoy for Climate John Kerry said on Wednesday that the US will work with China to make the climate negotiations a success at the 28th session of the Conference of the Parties (COP28) to the United Nations Framework Convention on Climate Change, which is being held in Dubai from November 30 to December 12, Reuters reported.
Legendary investor Charlie Munger, Berkshire Hathaway's vice chairman and Warren Buffett's right-hand man, died on Tuesday in California, the US, according to a press release from the conglomerate. He was 99.
Since UK Prime Minister Rishi Sunak's appointment of David Cameron as foreign secretary earlier this month, the future of China-UK economic and trade relations has triggered renewed interest and speculation. Yet, instead of discussing the possibility of going back a decade in time, it may be more practical to look forward to and get the environment ready for future economic and trade cooperation.
As the 28th session of the Conference of the Parties (COP28) to the UN Framework Convention on Climate Change in Dubai draws closer, Western efforts to exert pressure on others and pass the buck appear to be ramping up.
The first China International Supply Chain Expo (CISCE), the world's first supply chain expo at the national level, is set to be held in Beijing from November 28 to December 2. With the theme of "Connecting the World for a Shared Future," the event reflects China's responsibility as a major manufacturing power in maintaining the stability of global industry and supply chains.
It seems that US scrutiny of imports from Northwest China's Xinjiang Uygur Autonomous Region is still haunting global industry chains. The development adds to the urgency for China to consolidate and expand Xinjiang's manufacturing presence in global production chains.
It was really clumsy and unnecessary for Australian Deputy Prime Minister and Defense Minister Richard Marles to try to strengthen Australia's ties with India by sowing discord between China and India.
After Javier Milei from the far-right Liberty Advances coalition won Argentina's presidential runoff on Sunday, the direction of Argentina's political and economic future has attracted great attention and triggered hot discussion. Amid the uncertainty, with its economy under severe pressure, it would be unwise for Argentina to alienate China economically.
China is making every effort to integrate its pursuit of carbon goals further into its economic development amid Western questions about whether the country will meet its 2030 carbon pledge. The latest example of such efforts is the coming reboot of its carbon market.
With China-Africa cooperation increasingly flourishing now, it is not hard to see Western opinion regards Africa as a key region in the race with China for geopolitical influence.
From Washington's ban on US investment in certain sensitive technologies in China, to a US government directive that halted a federal pension fund's plan to invest in Chinese stocks, media reports about internal forces in the US attempting to force a "decoupling" of financial investment between China and the US surface from time to time.
Cooperation should be reciprocal. If Chinese companies cannot enter the US industry chain in a manner consistent with US rules, then on what grounds can US companies demand more access to the Chinese market?
If the UK government wants to lift its economy out of the current predicament, it means that all of its policies, domestic or foreign, cannot afford any mistake or being carried away by geopolitics again. It needs to identify the importance of pragmatism.
With the transformation and upgrading of Chinese manufacturing, China's new energy industry appears to be mired in new trade tensions in some Western markets, but this will not hinder the high-quality development of Chinese manufacturing.
US House of Representatives Speaker Mike Johnson unveiled a Republican stopgap spending measure on Saturday aimed at averting a federal government shutdown in the coming week, but the proposed measure quickly ran into opposition from lawmakers from both parties in Congress, Reuters reported.
China's purchases of soybeans and other agricultural products are always based on its needs, not US demand. If the US wants to improve the trade imbalance, it needs to be more accommodating by removing restrictions on trade of high-tech and high value-added products.
While the US move to block Chinese companies from accessing high-performance AI chips is causing trouble for China's tech sector, the pursuit of alternatives is opening up new opportunities for domestic chips and related applications.
Under growing tensions in China-Canada relations due to a series of incidents, the outperformance of Canada's exports to China is a demonstration of the resilience in China-Canada economic and trade cooperation.
While there is no doubt that Australian Prime Minister Anthony Albanese's visit to China is a symbolic event for China-Australia economic and trade exchanges, and a time to say goodbye to troublesome uncertainties and start a new chapter, the fact that there is still anti-China noise serves as an important reminder that improving mutual trust will require more efforts and an adherence to pragmatic cooperation.
Recently, some Western media outlets have been running reports about "foreign capital leaving China" and China's "ongoing crackdown on foreign businesses" under a so-called counter-espionage campaign, which represents a new attempt to smear China's economy. However, it has been proven many times that while some Westerners try to contain China's development and push for "decoupling" from China, it is ultimately the Western rhetoric, not China's economy, that will fail.
Calls for banning TikTok have surfaced in Washington again. This time it's not about so-called data security, but about the Israeli-Palestinian conflict. But it is a confusing move, which makes people wonder whether banning TikTok will help resolve the Israeli-Palestinian conflict or cover the truth that the one-sided support of the US for Israel further fueled the tension, causing more humanitarian crisis.
The trend of Chinese automakers seeing Mexico as a way to enter the American electric vehicle (EV) market is drawing attention and concern among some US media outlets, but this flexibility actually underscores the resilience of the Chinese vehicle industry, despite US protectionism.
Canada's ban on China's popular instant messaging app WeChat on government-issued mobile devices is typical bullying behavior that over-generalizes the concept of national security, abuses state power and unreasonably suppresses foreign companies, which will undermine market confidence and deal a blow to Canada's economy.
G7 may want to geo-politicize China's ban on aquatic product imports from Japan and make the so-called anti-economic coercion a tool to exert pressure on China. However, such behavior cannot achieve the expected results.
The US Food and Drug Administration (FDA) has approved the first China-developed cancer drug similar to Merck & Co.'s blockbuster therapy Keytruda, Bloomberg reported on Friday, at a time when recent interactions between China and the US have fueled hopes of a rebound in bilateral relations.
US proves with tightening restrictions that it is willing to do whatever it takes to hinder China's technological development. But that doesn't mean its allies will unconditionally follow such an extreme approach toward China.
As China's debt pressure is manageable, Chinese policymakers' main focus is how to maintain economic stability and promote high-quality growth. Westerners who exaggerate the debt risks in China should be more concerned about the debt risks in their own countries.
Investors' demand for record high yield compensation on long-term Treasury bonds could be a sign that the US economy is one step closer to a devastating crisis.
The fact that the close cooperative relationship between China and GCC countries has not been affected by the Israeli-Palestinian conflict reflects the broad consensus between the two sides.
China announced on Friday that it will impose export controls on certain graphite materials and related products, effective from December 1. In an announcement jointly issued by the Ministry of Commerce (MOFCOM) and the General Administration of Customs, the exports of artificial graphite materials and related products with high purity, high strength and high density, as well as natural flake graphite and its products, will be banned, unless permission is granted.
China is expected to attend the UK's summit on artificial intelligence (AI) at Bletchley Park in November, the Financial Times reported on Wednesday, citing British and Chinese officials.
China's economy has generally been on the upswing over the past 40 years, accompanied by the sound of pessimistic voices from the West, which proves that China always has the ability to adjust and get through difficulties after temporary hiccups.
With continuous technological progress and the acceleration of global digital development, digitalization has become an important force to promote economic growth and social progress. But for various reasons, some developing countries still have not caught up with this trend of development.
Although politicians in Washington have highlighted China's trade ties with Russia since the Ukraine crisis, they have no right to pressure China to give up normal economic cooperation that is in accordance with the global trade rules.
While US politicians appear determined to continue the strategy of seeking a “decoupling” from China in the high-tech sphere, continuous layoffs by American tech giants clearly show why the export limits on chip sales to China are unsustainable and self-defeating for the US industry.
Neither Europe's political bias nor Western media's demeaning reports can deny or blur the real economic benefits BRI projects have brought to Europe.
The fast provision of military aid is another reminder that the US military-industrial complex stands to gain the most again from a Middle East conflict, like it did in Ukraine and other regional instabilities in the past.
The outbreak of the Israeli-Palestinian conflict has driven up oil prices again, while a potential oil crisis could risk putting the Fed's inflation fight in jeopardy, adding uncertainties to the global economic recovery.
The 2023 annual meetings of the IMF and the World Bank started on Monday in Marrakech, Morocco. Given the global economic challenges, one focus at the annual meetings is the potential reform of the IMF.
As the Belt and Road Initiative (BRI) continues to advance, cooperation between China and Saudi Arabia has seen diversified development in addition to traditional energy infrastructure, Chinese media outlet Jiemian reported on Saturday.
Australian customs data showed that Australia's exports of cotton to China surged to a nine-year high of 61,319 tons in August, Reuters reported on Friday.
With the bipartisan budget battle unresolved, it may seem like a bit of a distraction to bring aid to Pacific island nations and China influence into the discussions. Why is some part of Western public opinion so anxious about aid to the Pacific island nations? The only plausible explanation is the fear that empty promises could cost the US influence in the region when compared with China's economic assistance.
Not only in the EV industry, but also in most high-tech and cutting-edge industries, some people in the US possess an extremely unhealthy and unfair zero-sum competition mentality toward China. However, it is evident that this thinking is counterproductive in promoting the development of domestic US industries.
South Korea has sought "active cooperation" from the US to resolve uncertainties regarding the upcoming expiry of a year-long waiver that allowed South Korean chipmakers to import US chip-making equipment for their production facilities in China, according to Reuters.