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.
While US support for Vietnam's rare-earth development looks like a challenge to China, it needs to be made clear that rare earths will not be a tool for the US to drive a wedge between China and Vietnam.
Anyone who learns the various applications of low-carbon technologies at the 19th Asian Games in Hangzhou, East China's Zhejiang Province, can see why there is every confidence that China will deliver on its promises of meeting carbon peak and neutrality targets.
While the Biden administration is trying to bring manufacturing prosperity back to the US, the irony is that the country is in the midst of a great storm of de-industrialization, as a convergence of factors lead to frequent, large-scale strikes.
EU's anti-subsidy probe has raised the biggest ever uncertainties regarding EU-China EV cooperation. What will happen to healthy competition and industrial cooperation if the EU adopts protectionist measures against Chinese EVs?
The new round of intensive badmouthing of Chinese economy including claims “foreign capital leaving China” is actually a form of psychological warfare launched by the US against China, targeting the confidence in China's economy.
As China and ASEAN continue to promote regional economic development and win-win cooperation, US geopolitical gambit in the region increasingly seems to be facing a dead end.
Under the influence of some protectionists in the US, there's a rising possibility of “decoupling” in the high-tech field. In this process, China is not the only victim. Any developing country that achieves tech breakthroughs may become a target for US suppression.
Biggest destroyer of global economic and trade order is being paranoid. This is perhaps the most incisive, vivid explanation of why US government, media outlets see rumored ban on iPhones as China's retaliation against US.
There is a growing necessity for China and Russia to push forward their grain trade cooperation, which is of great significance to China's food security and is an effective way to stabilize global food supply and prices.
There have been calls in the US and Europe to reduce China's advantage in electric vehicle (EV) batteries. But China's supply-chain advantage in this area has become so important for the global EV industry that giving up that edge could put a country's development of its own EV sector at an obvious disadvantage.
US appears to have started caring about the infrastructure needs of developing countries. But the lip services the US offered in the past have made it hard for the public not to wonder if this is a new kind of American influencer project aimed at coaxing relevant countries, countering China's BRI.
While some in the West may still focus on impact of trade slump on China's exports, what they don't see is gradual strengthening of Chinese imports and rise in regional supply chains as a result of China's trade transformation.
Renewing US-China Science and Technology Agreement is in interests of US. Technology cooperation is a big cake for US economy. For example, without the US chip export ban, Huawei could have become an important buyer of US chips.
Is it India or Bharat? The country should use the G20 presidency to demonstrate its determination to reform its economy, expand its openness and attract foreign investment. These are all more important than whether to change its name.
Even as US officials and media outlets push the narrative of “China collapsing,” the Chinese economy is still one of the fastest-growing among all major economies despite great challenges and risks.
China-Australia relations have showed a momentum of stable and sound development. As an important window has opened up in economic and trade relations, hopefully the Australian side can meet China halfway, properly handle friction and disputes through dialogue on an equal footing, and provide a stable, fair and transparent business environment for Chinese enterprises.
Some Westerners, including a few officials, are showing anxiety and excessive sensitivity toward China's export controls, and they don't miss a chance to hype the clichéd "China threat" theory.
While UK Foreign Secretary James Cleverly's visit to China is widely seen as a signal to repair ties, a UK parliament report has blatantly infringed on China's sovereignty over the Taiwan question, which has also complicated the meaning of the visit.
China needs to consider making good use of international judicial procedures as an option to seek reversal of Japan's dumping plan. Japan must not be allowed to use political or economic tensions to divert attention from its discharge of nuclear-contaminated water.
China's decision to build more new coal-fired power plants has raised questions in the West as to whether the country will meet its 2030 carbon pledge, but the concern is unnecessary as China's pursuit of carbon goals is on par with its focus on economic development.
China's suspension of Japanese aquatic products import is legitimate and in line with international practice, and Japan's threat to take the ban to the WTO is another scheme played by Tokyo to shift blame in its attempt to cover up the crime of dumping nuclear contaminated wastewater to the sea that puts global environment and people's health at risk, observers said.
All those who care about the prospects of China-US economic and trade relations are closely watching US Commerce Secretary Gina Raimondo's ongoing visit to China for clues as to whether her trip will inject more positive energy into the fraught relationship between China and the US, the world's two largest economies.
It is both ironic and astounding to see the Western reaction toward Japan's dumping of nuclear-contaminated wastewater completely focused on blurring the point and distorting the truth. In the face of the unprecedented destruction the global marine ecosystem will face in coming decades, Western politicians and media outlets that pride themselves on caring about the environment seem to have suddenly lost their ability to question.
Echoing US and Western rules on restricting investment in China, it seems that some Western media outlets are setting off a new wave of pessimism toward the Chinese economy by badmouthing investment confidence in China. But China will hedge the malicious hype with more open policies and attitudes toward foreign investment.
White House National Security Advisor Jake Sullivan said on Tuesday that US President Joe Biden will urge reforms to the IMF and World Bank that will better serve developing countries' needs at the G20 summit in New Delhi next month, according to AFP.
Western public opinion has again paid renewed attention to economic, trade cooperation between China and Russia, with suspicious eyes. But the West is actually in no position to point a finger at normal economic cooperation between the two countries.
Despite much suspicion in Western media outlets ahead of the highly anticipated meeting of BRICS countries in Johannesburg this week, it won't hinder China and South Africa from working closely at the summit to advance shared interests.
Germany plans to further restrict Chinese influence in Europe's biggest economy with legislation that expands screening of foreign investment, Bloomberg reported, citing Germany's Handelsblatt. This comes as some business leaders express concerns that European countries may follow the US in contemplating stricter regulations on investments in China, which could have a negative impact on German and European economies.
Intel on Wednesday terminated its $5.4 billion acquisition of Tower Semiconductor, a development Western media outlets pointed out was mainly due to failure to secure regulatory approval in China. The incident has triggered another wave of Western speculation and concerns over China's anti-monopoly review amid US-China technology tensions.
A disturbing development in East Asia is that the region has emerged as one of the heartlands of the “new cold war,” which has brought shocks to regional supply chains. What's worse, instead of triggering rational reflection, losses of supply chains and trade may fuel more geopolitical hostility, pushing the originally complementary economic structures into uncharted waters.
It's not the first time the US has used security risks as an excuse to crack down on Chinese industries, once it finds itself in trouble catching up in certain fields with normal commercial means.
With global food supplies facing unprecedented tests from extreme weather and regional conflicts to trade restrictions, urgency of China ensuring food security becomes more crucial than ever.
As a display of India's eagerness and anxiety to boost local manufacturing, the changeable and market-distorting measures that seemingly came out of nowhere may be just the beginning. But China won't be a cover-up for India's trade barriers.
For China, US “decoupling” push is almost certain to be a severe test for its economy in the coming decades. Despite that, China's huge middle-class has already formed a colossal consumer market, which can support China's economic growth in the long run.
After the US restricted chip sales to China, the global semiconductor sector changed in unforeseen ways that are increasingly beyond Washington's control.
US President Joe Biden on Monday signed into law the US-Taiwan Initiative on 21st-Century Trade First Agreement Implementation Act, according to a statement published on the White House website.
As the Biden administration continues to push for supply chain restructuring, some US media outlets have detected more signs of "decoupling" from China in bilateral trade data. That shouldn't be seen as a proud economic achievement by politicians, but a regrettable failure.
Since the Modi government launched the "Make in India" program, it has been common to see India issue protectionist policies to curb imports and promote local manufacturing. Yet, these moves, which reflect India's failure to address problems underlying its manufacturing woes, will only lead to weakening investor confidence in India's business environment.
Redesigning chips specifically for Chinese market becomes an increasingly popular option for US chipmakers. Their unwillingness to give up market share in China is indicative of the importance of the market.
As China's export controls on gallium and germanium, two niche materials key to making semiconductors and other high-tech products, took effect on Tuesday, the focus shifted to traders' applications for export licenses and who might qualify.
The crisis surrounding the US banking system is in the spotlight again as it is upsetting for the public to find that months after the most recent US bank failure, the pressure on commercial banks has actually intensified, instead of easing.
While it is true that the entry of Chinese-made electric cars has brought fiercer competition to the European market, which has unnerved some European countries, it is even more upsetting to see some in Europe have gone too far by distorting market competition into a "security risk."
If the EU unreasonably views imports of Chinese-made goods, technology and investment as risks, it would be impossible for both sides to deepen cooperation.
As more countries and regions take steps against Japan's ill-fated plan to dump nuclear wastewater into the sea, the Japanese government should seriously address common concerns of the international community. Failing to do so would hurt Japan itself.
The IMF said on Tuesday that China's underperforming recovery is dragging down the global economic recovery, despite keeping its forecast for China's GDP growth unchanged.
With sea ice melting in the summer, the commercial value of the Arctic shipping route is back in the spotlight, which is an important area where China and Russia have potential and should strengthen collaboration.
Italian Prime Minister Giorgia Meloni said that US President Joe Biden had never challenged her on the issue of Rome being part of the Belt and Road Initiative (BRI), Reuters reported on Saturday.
Although it hasn't yet been confirmed by Indian authorities whether they will reject Chinese automaker BYD's proposal to set up a factory in the country, relevant media reports have attracted a lot of public attention. It is hoped that India will not be politically biased against Chinese investment, refrain from setting invisible entry barriers for Chinese manufacturers under the disguise of protecting economic security.
While high-level exchanges and constructive communications between China and the US have sent certain positive signals, it doesn't seem to have slowed the US in hammering out sanctions against China. But that doesn't mean China will just roll over and take the reckless crackdown by the US.
AI won't be exempted from overall US technological crackdown on China. The US wants to maintain dominance in most high-tech fields and is willing to contain China's technological development by means of suppression, just like it has done in the chip war.
The US has waged a chip war against China to stifle the latter's technological progress in cutting-edge areas, but doubts and a backlash over the potential consequences have been growing as Washington's strategic mistake looms increasingly larger and high-tech industry players in the US fear becoming casualties in the self-defeating war.
Extreme heat wave is likely to be another major challenge facing the Chinese economy. China's ability to maintain economic and social activities amid high temperatures is a microcosm of its economic resilience.
US Special Presidential Envoy for Climate John Kerry arrived in Beijing on Sunday for a four-day visit to China, during which he is scheduled to have in-depth exchanges with senior Chinese officials.
Bilateral trade between China and the US has been on the decline this year, due in large part to the continuous US' "decoupling" push and antagonistic trade policy toward China.
With Southeast Asia's infrastructure projects attracting attention from the Western developed countries, China may face some competition when it comes to strengthening infrastructure cooperation with Southeast Asian countries. However, China's advantages lie in construction technology and quality, so regional cooperation momentum is unlikely to be affected.
With another setback for its high-end manufacturing, India's manufacturing development needs not just the government's ambition, but also the industrial planning that suits its own conditions.
It is hoped that Yellen can bring back to Washington what Chinese officials had told her and what she had seen and felt in China during her four-day Beijing trip. It will help form a more objective and rational view of China among US policymakers.
It seems nothing but alarming to see the world's average temperature reach a new high for the third time in a single week, which highlights the urgency of global climate cooperation, especially among major economies. The world needs the West to take more action to benefit climate cooperation in a responsible manner and fully honor its commitments.
While China's artificial intelligence (AI) development may be facing headwinds from a US crackdown in terms of AI chip restrictions, the enthusiasm of Chinese companies for AI applications is likely to lead the country's AI development down a different path.
While attention is high as to whether Yellen's upcoming visit to China may have a positive impact on the improvement of China-US economic and trade relations amid the global economic downturn, expectations are low, with the US not showing any signs of addressing China's concerns.
The US has been roping in its allies to escalate the chip war and high-tech crackdown against China, disregarding the potential damage the technological iron curtain may cause to global supply and industrial chains. But now the question is how long Washington can ignore the warning over the consequences when China starts taking legitimate and reasonable measures to safeguard its national security and interests.
The record sales achieved by Tesla in the second quarter not only reflect the importance of the fast-growing Chinese market for NEVs, but also highlight the potential of China-US economic cooperation in spearheading new market opportunities.
The latest development in photovoltaic hydrogen production project in Xinjiang shows that China will not be deterred by Western curbs and trade barriers on China's new-energy development.
As the first half of 2023 is coming to an end, global expectations for the Chinese economic recovery in the second half remain robust as China's continuous efforts to expand its services sector access for foreign companies in a comprehensive and orderly manner and to shorten the negative list of foreign investment access inject new momentum.
If some politicians in Washington focus only on suppressing Chinese apps and making way for American companies, it will derail the development of tech sector cooperation between the two countries and deprive the US of the opportunities to boost its own internet economy.
had filed a complaint over ASML's practices, arguing that Dutch law does not permit discrimination on the basis of nationality, Reuters reported on Tuesday.
Our focus has never been which senior US officials will come to China to say nice or new things about China-US relations, but whether the US has the sincerity and specific policy to really improve and stabilize relations with China.
Recent extreme high temperatures recorded in many countries in the northern hemisphere highlight the urgency of the global transition to clean-energy sources. And given China's dominance in the new-energy sector, it is time for the West to change their attitude of viewing climate change from a geopolitical perspective.
As American politicians maximize their efforts to smear and block TikTok, one of the major countermeasures the Chinese app could take is to enhance its commercial value and make itself indispensable for local users by strengthening its ties with the local market and businesses.
While the Chinese currency has made marked progress in internationalization, it has fallen in value against the US dollar. Earlier this week, the yuan traded offshore briefly slipped to below 7.2 per US dollar, a level not seen since late November 2022.
The Biden administration may want to set up minerals bloc to build up its competitiveness, but protectionism can hardly help the country's EV sector. On the contrary, it may backfire by increasing manufacturing cost and disrupting global supply chains.
Despite recent political warnings in Berlin about excessive dependence on China, the fundamentals of the mutually beneficial cooperation between the two sides will not change just because of the selfish will of some politicians.
Some multilateral financial institutions have become increasingly unable to meet the needs of the international community for further development, therefore urgency of reforms to strengthen the representation of developing countries has increased.
Officials and CEOs around the world are looking to China for closer cooperation and communication. In front of their enthusiasm about the Chinese market, the naysayers' short-sightedness and sinister intentions are both laughable and pathetic.
Despite the critical view from some Western politicians, energy cooperation has always been an important aspect of the China-Russia economic and trade relationship, which not only has the potential for further expansion, but is also of great significance to regional energy security and even global low-carbon development.
The real opportunity for China-US relations to improve doesn't lie in whether Blinken will visit China, but whether any of the obstacles hindering cooperation could be addressed to lift market confidence.
Saudi Arabia's position that prioritizes economic cooperation, not political standards, is worth reference for those who are still fretting about walking a tightrope between China and the US.
Microsoft's reported plan to move some AI researchers from China to Canada “threatens to gut an essential training ground for” China's tech talent? Pure exaggeration. China has made great strides in expanding its talent pool.
If the EU wants to contain Chinese tech in ways that are not in line with international norms, imposing a ban on Chinese 5G tech, it could push their relations into hostility. It is time for the EU to put on the brakes.
On the back of an economy wide upgrading, Chinese medium- and high-end products have not only become more competitive and innovative in the global markets, but also successfully expanded into diversified markets.
The possibility that British Prime Minister Rishi Sunak will likely ask the US to support the UK's global credentials in high tech areas during his visit to Washington will further reinforce the impression that Britain is in decline. If anything, looking up to the US won't help Britain address its domestic economic woes.
There is every reason to believe that as Chinese manufacturing continues to move up the value chain, there will be more Chinese products which deliver both leading technology and price advantages.
China-Latin America cooperation is on the steady rise. In the latest development, China and Argentina took a series of steps to expand bilateral ties during Argentine Economy Minister Sergio Massa's trip to China last week. On Friday, the two countries signed a cooperation plan on jointly promoting the construction of the Belt and Road Initiative (BRI). The two countries also inked a deal to renew and expand their currency swap program. China has also reportedly voiced support for Argentina to join BRICS.
If India still fails to recognize the reality that the US will only make it a pawn instead of helping the Modi government to achieve its strategic aspiration of becoming an industrial power, its economic prospects will sink without a trace.
Top US and EU officials began a two-day meeting of the EU-US Trade and Technology Council in Sweden on Tuesday, during which China has become a major focus. While the US has pushed for a more confrontational approach to China, EU states agreed on a watered-down version of joint conclusions, according to Bloomberg, citing people familiar with the matter.
While the resumption of ministerial talks on China-US trade is a welcome development, a real breakthrough for any substantial improvement in bilateral economic and trade relations would require the US to recognize the failure of the trade war in the first place.
The maiden commercial flight by China's first domestically-manufactured large passenger aircraft C919 on Sunday marks its official entry into the civil aviation market, which represents not only a milestone for China's high-end manufacturing, but also ushers in a new era for the cooperation between Chinese manufacturers and foreign companies.
The US move of labeling China for committing "economic coercion" is putting its allies like South Korea in an awkward position when it comes to the latter's normal economic and trade cooperation with China. Their economies could face significant risks if they don't adopt a pragmatic approach to the dilemma.
A double-digit drop in German exports to China has triggered debate and concerns in Europe's biggest economy over whether it has become the victim of "mounting security and trade tensions between Beijing and Washington," the Financial Times reported on Wednesday.
Despite the drastic changes in the external environment due to the sharp rise in global geopolitical risks and the growing major power rivalry, Chinese companies are still showing strong interest in overseas investment. This requires not only a focus on execution, but also support from the government as to how to maintain record enthusiasm.
While some in Australia may appear to see China's joining of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) as an important bargaining chip at a time when China-Australia economic and trade relations face a critical period of thawing and returning to the right track, what they shouldn't miss is the bigger picture that China's participation in the partnership could be of great significance to the trade and investment treaty's future development.
With the Group of Seven (G7) countries at the Hiroshima summit aligned on a "de-risk, not decouple" approach toward China, some Western media outlets had claimed that Japan appears to be a beneficiary under this new development. However, the problem is what Japan is going to pay for "decoupling" from China.
While some European politicians appear to have hardened their China stance, European companies are busily ramping up investment in China. Such a profound contradiction is a reflection that it is not easy for Europe to “decouple” from the Chinese economy.
The danger of an “Economic NATO” is that it is encouraging countries that maliciously impinge on China's red lines of core interests and tying all member countries to a chariot that is rushing to engage in economic warfare with China.
Despite the seemingly strengthened US-South Korea alliance, the importance of China-South Korea economic cooperation is still irreplaceable for the South Korean economy.
Whether the Western expectations for China's economy are high or low, it won't affect China from continuing to do its own things at its own pace, which, at the current moment is to carefully protect its momentum of returning to a normal growth track.
It is the concept of equality and mutual benefits that unites China and Central Asian countries, which is in stark contrast to the way the US ropes in allies and forms small circles in geopolitical games under the banner of cooperation.
The theory of “China's rise is about to peak” is nothing but a new variation of the tired “China collapse” cliché. It reflects American elites' lack of confidence in dealing with current economic challenges.
Despite the increasing positive signs for the thawing of China-Australia economic and trade relations, whether bilateral trade is really heading toward “a warm spring” is still up to whether Canberra can find a pragmatic point in balancing its economic and political imperatives.