European Union members have observed an uptick in China’s support for Russia, multiple sources said, as Moscow’s invasion of Ukraine prepares to drag into its fourth year. Officials are parsing evidence of an increase in battlefield weapons being shipped from China to Russia, to add to the well-documented flow of goods with dual civilian and…
Temu’s European headquarters in Dublin were raided by EU regulators last week on concerns about potential Chinese state subsidies granted to the online retailer, a subsidiary of China’s e-commerce giant PDD Holdings, a person familiar with the matter said on Wednesday. Temu did not immediately respond to requests for comment. The raid comes amid increasing…
China’s Li Qiang says global economy under pressure from tariffs Urges IMF, World Bank, WTO chiefs to act to protect free trade Analysts say China’s $1 trln trade surplus is driving tariff use Pressure on China to reform to boost share of global consumption BEIJING, Dec 9 (Reuters) – China’s Premier Li Qiang on Tuesday…
Exports top expectations as non-US shipments lead amid high US tariffs Imports underperform, pointing to still-subdued domestic demand PMI surveys suggest exporters face challenging 2026 BEIJING, Dec 8 (Reuters) – China’s exports topped forecasts in November, driven by a surge in shipments to non-U.S. markets as manufacturers deepen trade ties with the rest of the…
China’s Xi joins France’s Macron for trip to southwest China Rare for Chinese leader to accompany his guests beyond Beijing Macron overestimated what deals Xi could offer, analyst says China is constrained due to ongoing negotiations with US, EU BEIJING, Dec 5 (Reuters) – Chinese leader Xi Jinping accompanied French President Emmanuel Macron to Chengdu…
China’s top securities regulator has pledged to widen foreign investors’ access to the mainland’s capital market while further lowering the fundraising threshold for technology firms, after a key indicator slumped nearly 4 per cent from a 10-year high in mid-November. Wu Qing, chairman of the China Securities Regulatory Commission (CSRC), set out guidance for the…
A view of the NEO magnetic plant in Narva, a city in northeastern Estonia. A plant producing rare-earth magnets for Europe’s electric vehicle and wind-energy sectors. Xinhua News Agency | Xinhua News Agency | Getty Images NARVA, Estonia — Europe’s big bet to break China’s rare earths dominance starts on Russia’s doorstep. The continent’s largest…
The EU has for the first time launched a formal review of a price undertaking offer from a company seeking to avoid its tariffs on Chinese-made electric vehicles, following a submission from Volkswagen’s Chinese joint venture. Over the course of 12 to 15 months, the European Commission will examine whether VW Anhui can replace its…
The European Union has formally terminated a long-running dispute with China at the World Trade Organization, centred on Beijing’s alleged coercion of Lithuania in 2021. In a statement circulated to WTO members, the bloc said it was abandoning the case “considering the key objectives behind this dispute have been met and relevant trade has resumed”….
Spain’s Agriculture Ministry said it has halted all pork exports to China after two wild boar found dead near Barcelona tested positive for African swine flu, the first cases in three decades. The outbreak, the first since 1994, coincides with Spanish efforts to court Beijing and gain market share in the pork sector and after…