International trade
The Shuangtaizi District of Liaoning Province has achieved significant milestones in foreign investment and foreign trade, driven by its efforts to promote investment and development. Since the beginning of the year, the District Commerce Bureau has taken the initiative to carry out investment promotion work, focusing on the rapid development
International trade
The money sent home by Filipinos overseas grew by 2.9 percent year-on-year in May, reaching $2.66 billion, according to the Bangko Sentral ng Pilipinas (BSP). This marked a slowdown from the 4-percent annual expansion in April, but still better than the BSP's projection of 2.8
International trade
President Trump has transformed the global trade landscape through his steady and dramatic increase in U.S. tariffs. The president's fondness for tariffs has left businesses and foreign leaders hopeful that he will back down from his threats, yet events of the past week have cast serious doubt
International trade
European businesses are struggling to develop long-term plans due to the uncertainty caused by President Trump's latest threat of a 30 percent tax on goods imported from the European Union. The threat, made on Saturday, leaves businesses facing tariff levels not seen since the end of the 19th
International trade
Bank of England Governor Andrew Bailey has issued a stark warning against the dangers of US tariffs, emphasizing the need for international cooperation to address global trade imbalances without sacrificing economic growth. Speaking in London, Bailey cautioned against resorting to tariffs as a means of tackling the US trade deficit,
International trade
The next five years will be a pivotal period for global commodity markets, marked by significant geopolitical upheavals, trade restrictions, and technological advancements. The increasing demand for lithium, copper, and rare earths is shaping pricing dynamics, impacting industries such as renewable energy and semiconductor production. To navigate this complex landscape,
International trade
The European Union's Deforestation Regulation, set to take effect on December 30, 2025, will significantly impact the global trade of commodities linked to deforestation, including cocoa, coffee, palm oil, soy, rubber, cattle, and timber. These commodities, worth over $110 billion annually, will require due diligence statements to prove
International trade
The US Department of Commerce has initiated an investigation into disposable aluminum containers, pans, trays, and lids imported from Vietnam and Thailand, due to suspicions that these products are being manufactured using Chinese aluminum foil to bypass antidumping duty and countervailing duty orders on aluminum containers from China. The investigation
International trade
China's foreign trade maintained strong resilience in the first half of this year, achieving total growth, quality improvement, and controllable variables, according to a recent report by the State Council of the People's Republic of China. The report highlights that in the first half of the
International trade
The World Trade Organization (WTO) recognized the contributions of the 2024 cohort of WTO Young Trade Leaders during an online meeting on 14 July. The group, launched in 2024 to engage young people with the WTO's work, developed trade expertise, organized activities, and highlighted emerging trade priorities. Their
International trade
China and Australia have reaffirmed their commitment to deepening their economic and trade partnership, despite ongoing global challenges. Chinese Premier Li Qiang and Australian Prime Minister Albanese met in Beijing on July 15, marking the tenth annual China-Australia prime ministers' meeting. The two leaders emphasized the importance of strengthening
International trade
The People's Government of Yunnan Province has announced initiatives to leverage the advantages of resources and location to accelerate the development of port economy and promote the quality and expansion of border trade. A recent visit by a team led by Xu Gaohong, deputy governor of the People&
