Beijing. In 12 months, the United States trade deficit with China exceeded $30 billion, a disparity that has added to the electoral discourse facing this Tuesday in the elections for the White House. The Chinese government has already commented that, regardless of who wins, it will seek to maintain respectful relations. However, neither in Kamala … Read more
The U.S. government on Friday set steep tariff increases on Chinese imports, including a 100 percent duty on electric vehicles (EVs), to bolster protection of strategic domestic industries from China’s state-driven production overcapacity. The U.S. Trade Representative’s office (USTR) said many of the tariffs, including a 100 percent duty on Chinese EVs, 50 percent on … Read more
China’s exports grew more than expected in August 2024. According to data from the Beijing Customs Authority, exports rose by 8.7 percent year-on-year to the equivalent of 309 billion US dollars (about 280 billion euros). This means that Chinese exports have increased for the fifth month in a row. Imports increased by 0.5 percent. Analysts … Read more
Beijing. China affirmed this Thursday that it will take the “necessary measures” after the United States announced a wave of sanctions that affect Chinese companies and other countries that help Russia in purchasing components to manufacture weapons for the war in Ukraine. “China urges the United States to stop smearing and restricting China and to … Read more
The United States is still a superpower. Photo/Reuters WASHINGTON – Undeniably, in the last century, United States of America (USA) is a superpower that dominates the world. However, many countries have shown resistance to US domination. The solution to present multipolar has been announced by many world leaders, such as Chinese President Xi Jinping and … Read more
Corruption and waste of money Last summer, senior Beijing officials headed a series of anti-graft investigations into industry data, blaming the corruption on wasteful and inefficient investments. Insiders said the “big fund” was in danger of losing ground to wasteful investment and inefficiency. All of the developments occurred as semiconductors were increasingly becoming a major … Read more
Published on : 12/13/2022 – 23:02 Beijing initiates proceedings against Washington before the World Trade Organization. China believes that the United States is breaking the rules of international trade with its restrictions on the export of American semiconductors to China. In October, the United States announced new export controls to limit Beijing’s ability to purchase … Read more
Qingdao A recent study from China lists the country’s weaknesses in technological competition with the USA – and apparently aroused the displeasure of government agencies. The investigation, which was published in the Wechat app at the end of January, was “deleted by the author” four days later, according to the app without further explanation. However, … Read more
Jakarta, CNBC Indonesia – China won against the United States (US) in the World Trade Organization (WTO). The UN agency allowed China to impose duties on US imports worth US$ 645 million or around Rp. 9.2 trillion (assuming Rp. 14,300/US$) per year. “In view of the arguments and evidence of the parties in this process, … Read more
Jakarta, CNBC Indonesia – The trade war between the United States (US) and China, seems to be entering a new episode. Joe Biden’s government yesterday officially signed a new law banning imports of goods from China’s Xinjiang. This is related to the issue of human rights violations committed by China to Muslim minority groups in … Read more