- China will cut import tariffs for over 200 information technology products for the World Trade Organization's (WTO) most favored nations from September 15, the Ministry of Finance said on Wednesday.
- China's imports unexpectedly rose in August for the first time in nearly two years, boosted by coal and other commodities, suggesting domestic demand may be picking up and putting the world's second-largest economy on a more balanced footing.
- The U.S. and China, facing mounting political pressures at home, are seeing economic tensions flare to their worst point in years over currency and trade practices.
- China has agreed to scrap some export subsidies on a range of products from metals to agriculture and textiles, the United States said on Thursday, in a step by Beijing to reduce trade frictions with Washington.
- USA Today ,
Apr 15 , 2016The White House touted its undefeated record on unfair trade practices Thursday, after China agreed to eliminate subsidies that the United States claimed gave its industries an unfair advantage.
- China’s exports jumped the most in 18 months and declines in imports narrowed, adding to evidence of stabilization in the world’s second-biggest economy. Stocks rallied.
- South China Morning Post ,
Apr 07 , 2016China’s foreign exchange reserves gained US$10 billion in March, in a sign of abating panic over the prospects of the world’s second biggest economy and the outlook of its currency.
- Reuters ,
Apr 07 , 2016China's exporters say an unstable yuan exchange rate, rising costs and financial difficulties remain their main problems, but they expect trade performance to improve in 2016 from last year, the commerce ministry said on Thursday.
- CNBC , The Recognized World Leader in Business News.
Mar 08 , 2016China's exports fell 25.4 percent on-year in February, while imports declined 13.8 percent, clocking far bigger slides than expected by analysts.
- Chinese officials are lowering the import taxes on a number of consumer goods–ranging from clothing and sunglasses to bags and blankets–starting next year, according to a statement Wednesday by the Ministry of Finance.