Defender of global trade stability
Trending News
2 weeks ago

Defender of global trade stability

China Daily  

China is countering destabilizing forces and the weaponizing of trade relationships China is a strong defender of global trade stability, countering destabilizing forces with support for global mechanisms and innovative domestic policies. At a high level, these open trade mechanisms include APEC, the G20, the World Trade Organization, the Regional Comprehensive Economic Partnership and other trade agreements operating within the framework that supports global trade. In terms of the international situation, gaining the same efficiencies in the global trade environment starts with maintaining the stability of global supply chains. Global trade stability is undermined and settlement risk increases, when the SWIFT trade settlement system is weaponized in the pursuit of political objectives.

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History of this topic

Defender of global trade stability
Top News
2 weeks ago

Defender of global trade stability

China Daily  

ZHANG TING/FOR CHINA DAILY China is a strong defender of global trade stability, countering destabilizing forces with support for global mechanisms and innovative domestic policies. At a high level, these open trade mechanisms include APEC, the G20, the World Trade Organization, the Regional Comprehensive Economic Partnership and other trade agreements operating within the framework that supports global trade. In terms …

Defender of global trade stability
Top News
2 weeks ago

Defender of global trade stability

China Daily  

ZHANG TING/FOR CHINA DAILY China is a strong defender of global trade stability, countering destabilizing forces with support for global mechanisms and innovative domestic policies. At a high level, these open trade mechanisms include APEC, the G20, the World Trade Organization, the Regional Comprehensive Economic Partnership and other trade agreements operating within the framework that supports global trade. In terms …

Defender of global trade stability
Top News
2 weeks ago

Defender of global trade stability

China Daily  

ZHANG TING/FOR CHINA DAILY China is a strong defender of global trade stability, countering destabilizing forces with support for global mechanisms and innovative domestic policies. At a high level, these open trade mechanisms include APEC, the G20, the World Trade Organization, the Regional Comprehensive Economic Partnership and other trade agreements operating within the framework that supports global trade. In terms …

Defender of global trade stability
Top News
2 weeks ago

Defender of global trade stability

China Daily  

ZHANG TING/FOR CHINA DAILY China is a strong defender of global trade stability, countering destabilizing forces with support for global mechanisms and innovative domestic policies. At a high level, these open trade mechanisms include APEC, the G20, the World Trade Organization, the Regional Comprehensive Economic Partnership and other trade agreements operating within the framework that supports global trade. In terms …

Weaponising tariff to trade
3 weeks, 5 days ago

Weaponising tariff to trade

Hindustan Times  

United States President-elect Donald Trump has announced that he will impose tariffs on countries beyond China on his first day in office. To be sure, the US using tariffs and reneging on its policy of promoting free trade in the world came into vogue during the first Trump presidency itself. What makes it even more potent is that Trump intends …

Beijing urges Washington to safeguard counternarcotics cooperation
3 weeks, 5 days ago

Beijing urges Washington to safeguard counternarcotics cooperation

China Daily  

A Chinese Foreign Ministry spokesperson said on Tuesday that the United States should cherish the goodwill of China and safeguard the hard-won positive situation of China-US cooperation on drug control. The spokesperson said that China is willing to continue counternarcotics cooperation with the US on the basis of "equality, mutual benefit and mutual respect". "We hope the US will not …

Ignite trade to spark next wave of global growth
Trending News
3 weeks, 6 days ago

Ignite trade to spark next wave of global growth

China Daily  

LI MIN/CHINA DAILY To acknowledge that global trade is threatened by the rise of protectionism and geopolitical fragmentation is neither provocative nor fashionable. The global trade finance gap — the shortfall between available financing and its actual funding needs — increased almost 50 percent to $2.5 trillion between 2020 and 2022. Streamlining "know your customer" documents could improve transparency of …

Ignite trade to spark next wave of global growth
Trending News
3 weeks, 6 days ago

Ignite trade to spark next wave of global growth

China Daily  

LI MIN/CHINA DAILY To acknowledge that global trade is threatened by the rise of protectionism and geopolitical fragmentation is neither provocative nor fashionable. The global trade finance gap — the shortfall between available financing and its actual funding needs — increased almost 50 percent to $2.5 trillion between 2020 and 2022. Streamlining "know your customer" documents could improve transparency of …

Ripple effects of US policy on Chinese trade
1 month ago

Ripple effects of US policy on Chinese trade

Hindustan Times  

The United States ’s firm stance on Chinese products has become a cornerstone of its economic strategy, transcending party lines and administrations. As the world’s two largest economies clash, the consequences ripple through global markets, affecting supply chains, trade relationships, and economic growth worldwide. This bipartisan approach reflects a broader recalibration of the US's economic relationship with China, aiming to …

Global Governance and China's Rising Responsibilities: A Call for Collaboration
1 month, 3 weeks ago

Global Governance and China's Rising Responsibilities: A Call for Collaboration

China Daily  

The article discusses the challenges faced by global governance in the wake of the rise of China and India. It highlights the need for adaptation of governance structures to reflect the changing power dynamics, and the importance of addressing issues such as development financing for developing countries.

China's Global Governance Responsibilities: A Call for Collaboration
Trending News
1 month, 3 weeks ago

China's Global Governance Responsibilities: A Call for Collaboration

China Daily  

The article discusses the challenges faced by global governance, particularly the issues of development financing for developing countries and the governance structures of international institutions. It highlights the need for adaptation and reform in order to address these challenges and ensure a more equitable and sustainable global order.

Global Governance in the Face of Rising China: Can the West Keep its Global Machinery Running?
1 month, 3 weeks ago

Global Governance in the Face of Rising China: Can the West Keep its Global Machinery Running?

China Daily  

The article discusses the challenges faced by global governance in the wake of the rise of China and India. It highlights the need for adaptation of governance structures to reflect the changing power dynamics, and the importance of addressing issues such as development financing for developing countries.

The power struggle between MNCs and nation-States
4 months, 3 weeks ago

The power struggle between MNCs and nation-States

Hindustan Times  

Multinational corporations have generated significant strength to influence the international political economy, anchored by the nation-state. After the Trump administration’s rolling back on globalisation in favour of protectionism, President Biden has tightened its anti-Chinese trade practices by threatening to ban TikTok or biotech companies like Wuxi AppTec, among others, while at the same time warning McKinsey & Company, which conducts …

The selfish intervener
5 months ago

The selfish intervener

China Daily  

MA XUEJING/CHINA DAILY Step by step, the United States is shifting the way it cooperates with others in the economy and trade. This includes reshaping regional supply and industry chains, especially in the chip and semiconductor sector; conducting multiple rounds of negotiations in digital trade and the digital economy, in order to lead the formulation of digital economy rules in …

The selfish intervener
5 months ago

The selfish intervener

China Daily  

MA XUEJING/CHINA DAILY Step by step, the United States is shifting the way it cooperates with others in the economy and trade. This includes reshaping regional supply and industry chains, especially in the chip and semiconductor sector; conducting multiple rounds of negotiations in digital trade and the digital economy, in order to lead the formulation of digital economy rules in …

The Seismic Shift in the US Trade Agenda
6 months ago

The Seismic Shift in the US Trade Agenda

The Diplomat  

The U.S. economic war against China has become entrenched still further as the Biden administration adds more tariffs to critical goods crossing its borders. While the White House has focused on highlighting China’s unfair trade practices of state subsidies and exporting overcapacity, the tariffs are ultimately designed to protect the nascent critical industries within the United States. While the White …

Global governance needs reform for full recovery of world trade
6 months, 1 week ago

Global governance needs reform for full recovery of world trade

China Daily  

This file photo shows the World Trade Organization logo in front of its headquarters in Geneva, Switzerland, Oct 28, 2020. Despite improvements in the recovery of global trade in recent months, a slew of factors, including uncertain growth prospects in developed economies such as the United States, rising unilateralism and protectionism, and disruptions to international supply chains, are still posing …

Global governance needs reform for full recovery of world trade
6 months, 1 week ago

Global governance needs reform for full recovery of world trade

China Daily  

This file photo shows the World Trade Organization logo in front of its headquarters in Geneva, Switzerland, Oct 28, 2020. Despite improvements in the recovery of global trade in recent months, a slew of factors, including uncertain growth prospects in developed economies such as the United States, rising unilateralism and protectionism, and disruptions to international supply chains, are still posing …

US trade sanctions on China can affect multilateralism
6 months, 2 weeks ago

US trade sanctions on China can affect multilateralism

Hindustan Times  

The United States -China trade war has escalated from the US banning Chinese apps to targeting domestic companies having close ties with the Chinese government. Recent anti-China legislation under the Biden administration indicates increasing economic hostility to counter Chinese trade practices on the grounds of a threat to US national security. US President Joe Biden The anti-China trade policy aims …

War sanctions against Russia highlight growing divisions among the Group of 20 countries
1 year, 3 months ago

War sanctions against Russia highlight growing divisions among the Group of 20 countries

Associated Press  

WASHINGTON — Treasury Secretary Janet Yellen is facing growing skepticism from some leading rich and developing nations as the residual impact of sanctions against Russia is deepening divisions among the Group of 20 countries. The Treasury Department said Yellen’s four-day trip will highlight “the importance of imposing severe costs on Russia and mitigating global spillovers.” Yellen will stress the consequences …

Emerging markets to lead global governance reform
1 year, 4 months ago

Emerging markets to lead global governance reform

China Daily  

MA XUEJING/CHINA DAILY The 15th BRICS Summit in Johannesburg, South Africa, from Tuesday to Thursday, is the first offline meeting of BRICS in the post-pandemic era — the last three were held under the chair of Russia, India and China in the virtual format due to the COVID-19 pandemic. Economic relationships between the BRICS countries have been formalized by the …

Washington a threat to multilateral trading system
1 year, 4 months ago

Washington a threat to multilateral trading system

China Daily  

A logo is seen at the World Trade Organization headquarters before a news conference in Geneva, Switzerland, Oct 5, 2022. These actions have seriously undermined the core values and basic principles of the WTO, violated the US' international obligation to comply with WTO rules, and severely challenged the multilateral trading system and harmed shared interests of the WTO members. Based …

More engagement aimed at boosting mutual trust best way to de-risk
1 year, 6 months ago

More engagement aimed at boosting mutual trust best way to de-risk

China Daily  

The term "de-risking" is not new to the business world. The term, however, has gained a geopolitical meaning after European Commission President Ursula von der Leyen said in a speech on China on March 30 that "it is neither viable, nor in Europe's interest to decouple from China", adding that what the European Union seeks is "de-risking". To the surprise …

Measures set to strengthen foreign trade
1 year, 7 months ago

Measures set to strengthen foreign trade

China Daily  

Trade: Burdens of enterprises to be eased China will step up efforts to stabilize foreign trade performance while improving the trade structure through a raft of policy measures, government officials said at a news conference on Sunday. Wu Haiping, director-general of the General Administration of Customs' department of general operations, said that in order to address the difficulties and bottlenecks …

Measures set to strengthen foreign trade
1 year, 7 months ago

Measures set to strengthen foreign trade

China Daily  

chinadaily.com.cn| Updated :2023-04-24 Trade: Burdens of enterprises to be eased China will step up efforts to stabilize foreign trade performance while improving the trade structure through a raft of policy measures, government officials said at a news conference on Sunday. Wu Haiping, director-general of the General Administration of Customs' department of general operations, said that in order to address the …

Measures set to strengthen foreign trade
1 year, 7 months ago

Measures set to strengthen foreign trade

China Daily  

Trade: Burdens of enterprises to be eased China will step up efforts to stabilize foreign trade performance while improving the trade structure through a raft of policy measures, government officials said at a news conference on Sunday. Wu Haiping, director-general of the General Administration of Customs' department of general operations, said that in order to address the difficulties and bottlenecks …

Clouds Over Sunny Japan-US Ties
1 year, 10 months ago

Clouds Over Sunny Japan-US Ties

The Diplomat  

If there was any doubt about Japan no longer being the arch-enemy of the U.S. economy, it was made abundantly clear at the latest summit meeting between U.S. President Joe Biden and Japanese Prime Minister Kishida Fumio. One potential source of tension is the difference between Tokyo and Washington in assessing the China threat, not least in their respective end …

Significant headway
4 years ago

Significant headway

China Daily  

SONG CHEN/CHINA DAILY The Regional Comprehensive Economic Partnership agreement represents a major breakthrough for China's international economic and trade cooperation After eight years of unremitting efforts, the Regional Comprehensive Economic Partnership agreement was formally signed on Nov 15. First and foremost, the RCEP agreement is a major breakthrough for China's international economic and trade cooperation. By further lowering the costs …

Significant headway
4 years ago

Significant headway

China Daily  

SONG CHEN/CHINA DAILY The Regional Comprehensive Economic Partnership agreement represents a major breakthrough for China's international economic and trade cooperation After eight years of unremitting efforts, the Regional Comprehensive Economic Partnership agreement was formally signed on Nov 15. First and foremost, the RCEP agreement is a major breakthrough for China's international economic and trade cooperation. By further lowering the costs …

US trade policy is ready for its Biden makeover
4 years, 1 month ago

US trade policy is ready for its Biden makeover

Live Mint  

If he winds up facing a hostile Senate, President-elect Joe Biden will struggle to make sweeping policy changes. Biden will have the power to reverse many of the Trump administration’s bad policies to strengthen trade with allies and potential allies, while keeping up the technological competition with China. Helping Vietnam to grow its economy rapidly by exporting goods to the …

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