Rubio to Meet China's Wang Yi in Malaysia
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Australia's exports to China, its largest trading partner, span agriculture and energy but are dominated by iron ore, and Albanese will travel with executives from mining giants Rio Tinto, BHP and Fortescue and hold business events in three cities over six days.
"The EU and China are broadly on a colliding trajectory in terms of their trade and industrial policy concerns," he told CNBC. Bones of contention include the challenge of China's overcapacity and trade diversion to Europe, Stec, who is also head of the Mercator Institute's Brussels office, explained.
China's June new yuan loans tripled compared with a month ago, likely supported by front-loaded public funding and strength in corporate loans against the backdrop of a sustained trade truce between China and the United States.
The global car industry has grappled for months to navigate the Trump administration’s trade war. That gives Swamy Kotagiri, CEO of Magna International, the largest auto-parts manufacturer in North America,
We should question whether Albanese’s visit will meaningfully improve Australian-Sino relations or simply serve as political window dressing for both sides.
The total value of goods exchanged between the US and China plunged below 2020's pandemic era low in the second month of the new tariff war between two nations.
The U.S. and China have reached an agreement — again — to deescalate trade tensions. China is making it easier for U.S. companies crucial magnets and rare earths materials.
The U.S. pork industry exports about 55 percent of pork offal, sometimes called pork variety meats, to China, according to the National Pork Producers Council. These are the internal organs of hogs, like the kidneys, liver and tongue, which are commonly used in Chinese dishes but are not a part of most American diets.
FM Wang Yi presses Southeast Asian countries meeting not to undermine interests of ‘the third party’ as region grapples with US tariffs.
Australian Prime Minister Anthony Albanese will meet with China’s leader Xi Jinping on an upcoming trip he said Friday would focus on closer business ties. Albanese departs Saturday for the trip that includes stops in Beijing,