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China’s spherical graphite exports to the EU fall 50% from their 2022 peak

Reconciling China Customs data with EU trade statistics is difficult because the EU does not use a specific import code for spherical graphite, whereas China does. Two years have now passed since China imposed export controls on graphite.Two years ago, China put export controls on several graphite products, including spherical graphite, a key ingredient in…

China-France trade up 4.1% in first 10 months

BEIJING – Trade between China and France rose 4.1 percent year-on-year to $68.8 billion from January to October, the Ministry of Commerce said on Thursday. Two-way investment increased steadily and exceeded $27 billion, ministry spokesperson He Yadong told a press briefing. The Seventh Meeting of the China-France Business Council was held in Beijing on Thursday…

China’s central bank to conduct 1-trillion-yuan outright reverse repo operation

BEIJING – The People’s Bank of China (PBOC), the country’s central bank, on Thursday said that it will conduct a 1-trillion-yuan ($141.4 billion) outright reverse repo operation on Friday to maintain ample liquidity in the banking system. The operation will be carried out with a fixed quantity through interest-rate bidding, with winning bids determined at…

China sees rapid green and low-carbon energy transition from 2021-2025

An aerial drone photo taken on Nov 16, 2025 shows a 240-megawatt photovoltaic power generation project in Dongying city, East China’s Shandong province. [Photo/Xinhua] BEIJING – During the 14th Five-Year Plan period (2021-2025), China has seen its green and low-carbon energy transition accelerate at the fastest pace, according to Wang Hongzhi, head of the National…

Nippon Paint Marine strengthens China strategy amid transition

With global shipping shifting toward greener and more digital operations, Nippon Paint Marine, a subsidiary of the Singapore-based Nipsea Group, will deepen its presence in China, positioning the country as a core manufacturing, innovation, and growth hub for its worldwide marine coating business, a senior executive said. China occupies irreplaceable strategic importance, Gladys Goh, President…

Ministry: Rare earth export applications approved

China has been approving all compliant rare earth export applications for civilian use without delay, the Ministry of Commerce said on Thursday. This comes after a survey claimed that several European businesses were already, or expecting to be, affected by China’s export controls. “To the best of my knowledge, the Chinese government has consistently approved…

First direct air route between China, Argentina launched

Staff members at the Ezeiza International Airport in Buenos Aires welcome the arrival of flight MU745, operated by China Eastern Airlines, on Thursday. [Photo/Xinhua] BUENOS AIRES – China Eastern Airlines’ flight MU745 touched down in Buenos Aires, the capital of Argentina, on Thursday afternoon, marking the official launch of the first direct air route between…

China’s smart cars on cusp on global spread

Chinese autonomous driving solutions provider Momenta showcases an IM sedan equipped with its system at the Shanghai auto show on May 2. CHINA DAILY China’s intelligent driving industry is poised to rapidly expand globally, driven by technological advancements, scale and cost advantages, positioning Chinese companies to lead in international markets. Whether in products, technologies and…

Surging passion for winter sports fuels smart upgrade of ice, snow equipment

Students do warm-up exercises at Jiangjunshan International Ski Resort in Altay, Northwest China’s Xinjiang Uygur autonomous region, Dec 1, 2025. [Photo/Xinhua] CHANGCHUN — As this year’s snow season begins, ski resorts across northern China are opening their slopes, reigniting people’s passion for winter sports and driving a notable shift toward domestically manufactured, technologically advanced gear.…