Talks over China-Panama Free Trade Agreement Lead to Latin America Trading Hub

Panama and China launched free trade talks on July 9 with the aim of developing an agreement to turn the Central American country into the center for Chinese goods across Latin America. It is...

China and UK to Together Safeguard Free Trade

The 9th China-UK Strategic Dialogue was held in Beijing and co-chaired by Chinese Foreign Minister Wang Yi and his British counterpart, Jeremy Hunt. At the dialogue, they discussed joint efforts to safeguard multilateralism and...

China Tariff on LNG Hits Trump’s Energy Expansion Plan

On August 3rd, the Customs Tariff Commission the State Council announced plans to impose new tariffs on $60 billion of U.S. goods, in retaliation for the latest tariff threats from the Trump administration. China...

The EU Cannot Give the U.S. a Huge Soybean Order

U.S. President Donald Trump said the European Union will start buying soybean right away as China’s retaliatory tariffs curb demand, however, the two sides seem to explain the details of their agreement in completely...

The Trade War May Bring Down the Ocean Freight Rates

Freight rates of sea transportation have been climbing, and are forecast to see further escalation unless an overall trade war erupts between the United States and China, said a Montreal freight broker. Average Panamax vessel...

Mid-Year Outlook of China B2B E-Commerce Business Models: What’s New in 2018?

China has become the major player of world’s e-commerce market. Surprisingly, we’ve seen successive 26 percent annual growth rate of Chinese e-commerce transaction over the past five years, equal to 4 times of China...

U.S. and EU Announce a Ceasefire in the Trade War, Not a Formal Truce

On July 25th, U.S. President Trump and European Commission President Jean-Claude Juncker announced that they had reached an agreement to eliminate bilateral trade barriers, ease trade frictions through negotiations, strengthen trade cooperation and suspend...

US Dairy Industry Hit in Trade War

The U.S. export of dairy products have been considerably suffering from the escalating trade disputes between the United States and China, the world's top two economies. If the conflicts of two sides continue to worsen,...

China Leaps in Nuclear Power Industry

On June 29, the world’s first EPR stationed in Taishan, a coastal county-level city in South China’s Guangdong province, was connected to national electric grid. And on June 30, the world’s first AP 1000...

Trump Administration Offers $12 Billion to Help Local Farmers Hurt by Tariffs

U.S. Secretary of Agriculture Sonny Perdue announced on July 24th that the U.S. Department of Agriculture (USDA) will spend $12 billion to aid American farmers who are suffering from the tariffs. Also Read: Trump Administration...

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No Winner of Trade War: Trump’s Tariffs Are Straining the Global...

  The Trump administration said it would move ahead with imposing a 25 percent tariff on $50 billion of Chinese products that are imported into...