# trade
Latest news and articles about trade
Total: 8 articles found
China’s Open Door and a Fracturing G7: Why Western Leaders Are Visiting While Trump Stands Alone
A series of recent visits by G7 leaders to Beijing has highlighted a pragmatic turn among Western governments toward economic engagement with China, driven by market incentives and dissatisfaction with perceived U.S. unpredictability. The trend reflects hedging rather than alliance abandonment and raises challenges for U.S. influence if Washington cannot offer steadier, credible leadership.
Xi and Starmer Agree to Reset: Beijing and London Pledge a 'Long‑Term, Stable' Strategic Partnership
Xi Jinping and UK Prime Minister Keir Starmer met in Beijing on January 29 and agreed to develop a "long‑term, stable comprehensive strategic partnership," a diplomatic formulation Beijing says reflects a new vision for bilateral ties. The declaration signals a mutual interest in resetting relations but leaves major political and security questions open, making concrete follow‑through crucial.
China Kicks Off APEC “China Year” with Senior Officials Meeting in Guangzhou
China will host APEC’s first senior officials meeting and related events in Guangzhou from February 1–10, launching the country’s 2026 APEC presidency under the theme of an Asia‑Pacific community for common prosperity. The meetings aim to operationalize priorities of openness, innovation and cooperation ahead of the leaders’ informal summit in November.
Guangdong Keeps China’s Economic Crown — but the Next Leap Will Be Harder
Guangdong maintained its position as China’s largest provincial economy in 2025, driven by strong foreign trade, rapid expansion of high‑tech manufacturing and sustained R&D investment. The province plans to target 4.5%–5% GDP growth in 2026 while pivoting into new sectors such as the low‑altitude economy, but faces headwinds from SME digitalisation gaps and modest fiscal revenue growth.
China to Host Uruguay’s President Orsi in First State Visit, Pushing Strategic Partnership and Belt and Road Ties
China has invited Uruguay’s President Orsi for a state visit during which Xi Jinping will discuss strengthening a comprehensive strategic partnership and advancing Belt and Road cooperation. The trip is a diplomatic milestone that could yield trade and infrastructure deals, while also reflecting Beijing’s broader push to deepen ties in Latin America amid great‑power competition.
Tariff Brinkmanship: U.S. Threat of 100% Duties Pushes Canada to ‘Buy Domestic’
President Trump threatened 100% tariffs on Canadian goods if Ottawa strikes unspecified deals with other countries, prompting Canada’s prime minister—named in Chinese reports as "Kani"—to urge citizens to buy domestic and accelerate trade diversification. The exchange highlights mounting bilateral tensions, tangible economic vulnerabilities in energy and manufacturing supply chains, and Ottawa’s push to reduce reliance on the U.S. market.
U.S. Treasury Says China Is Delivering Rare Earths and Soybeans — but Risks Linger
At Davos U.S. Treasury Secretary Bessent said China has fulfilled commitments to purchase U.S. soybeans and to supply rare earths, with rare‑earth flows reportedly above 90 percent compliance. Officials present this as a pragmatic easing of trade tensions, but farmers’ doubts and the strategic concentration of rare‑earth processing in China mean risks remain.
Canada Drops 100% EV Tariff on China, Replaces It with Quotas in Bid to Reset Trade and Attract Investment
Canada has rescinded a 100% tariff on Chinese electric vehicles and replaced it with a quota allowing 49,000 EVs at a 6.1% tariff, rising to 70,000 over five years, part of a broader thaw in Ottawa‑Beijing ties. The shift aims to lower consumer prices, attract Chinese investment in batteries and grid storage, and restore agricultural exports, but key details and formal Chinese confirmation remain outstanding.