A container ship leaves Qingdao Port, Shandong province. [YU FANGPING/FOR CHINA DAILY] The joint efforts of China and the European Union to uphold a rules-based multilateral trading system and promote trade liberalization will enhance the stability and certainty of global trade and the world economy, said senior trade officials on both sides. During his meeting…
A trader reacts in despair while watching the index at the Chicago Board Options Exchange in Chicago, the US state of Illinois, on Tuesday. NAM Y. HUH/AP Wayne, an IT worker from Houston, Texas, said he does not need economic experts or the media to tell him how the tariffs will impact him and his…
Photo shows a view of Nansha Port in Guangzhou, South China’s Guangdong province. [Photo provided to chinadaily.com.cn] China has called on the United States to work with Beijing toward the same direction, to resolve respective concerns and jointly promote the sound, stable and sustainable development of China-US economic and trade relations, according to a white…
BEIJING — China’s State Council Information Office on Wednesday released a white paper titled “China’s Position on Some Issues Concerning China-US Economic and Trade Relations.” Please see the attachment for the document. China’s Position on Some Issues Concerning China-US Economic and Trade Relations Tanks to chinadaily.com.cn Please visit: Our Sponsor
Shipping containers are stacked at the Port of Long Beach on April 2, 2025, in Long Beach, California. [Photo/Agencies] BEIJING — The “reciprocal tariffs” imposed by the US will damage its own and others’ interests, said a white paper issued by China’s State Council Information Office on Wednesday. The imposition of “reciprocal tariffs” is a…
A container ship leaves Qingdao Port, Shandong province. [YU FANGPING/FOR CHINA DAILY] BEIJING — China-US economic and trade relations are mutually beneficial and win-win in nature, and cooperation benefits both sides while confrontation harms both, said a white paper released by China’s State Council Information Office on Wednesday. Maintaining the stable development of China-US economic…
A US cargo ship docks at the Qingdao Port, Shandong province. [Photo by Yu Shaoyue/For China Daily] BEIJING — With firm will and abundant means, China will resolutely take countermeasures and fight till the end if the United States insists on further escalating economic and trade restrictive measures, China’s Ministry of Commerce said Wednesday. “I…
The Chinese and Australian national flags in Sydney, Australia. [Photo/Xinhua] SYDNEY — The Australian trade minister said on Tuesday that the decade-old China-Australia Free Trade Agreement (ChAFTA) has boosted prosperity in both countries. “The ChAFTA has made a major contribution to the prosperity, particularly in Australia, but I also like to think of China, over…
A clerk counts renminbi yuan banknotes in Nantong, East China’s Jiangsu province. [Photo/IC] By disrupting global trade and triggering recession risks, the United States’ new tariff push may have an unintended result of giving rise to alternative international currencies, including the Chinese renminbi, also known as the yuan, experts said. “To supply global dollar liquidity,…
China’s top economic regulator has pledged efforts to tackle issues faced by enterprises and support the development of the private sector, as it seeks to buffer the impact of the latest round of sweeping new tariffs from the United States. Zheng Shanjie, head of the National Development and Reform Commission, hosted a meeting on Tuesday…