Third meeting of Economic Working Group also covered financial cooperation within the G20 framework, industrial policies and debt issues.

The former US president said he would impose more tariffs - possibly in excess of 60 per cent - on China if he is elected again, but was not planning another trade war.

E-commerce giants Shein and Temu flourish as parcels surpass quarter of a trillion dollars in value annually amid push to tighten de minimis provision.

‘Eliminating all designated Chinese [technology and services] from every US network would be prohibitively expensive, if not impossible,’ one says.

Hearing is held to build on President Joe Biden’s executive order banning US investments in four Chinese tech sectors; witnesses urge lawmakers to use existing authorities rather than create new mechanisms.

Dialogue slated for first quarter of 2024 to bring government and private sector together in working group focused on trade and investment disputes.

‘Everything is in place and heading towards a 130-to-140 million-tonnes market’ after 2023 import volume rose 12.6 per cent, says senior company official.

Bilateral policy matters like financial stability, capital markets issues and anti-money laundering raised at meeting in Beijing.

US partners in Indo-Pacific Economic Framework are impatient for implementation, Marc Mealy of US-Asean Business Council says.

China’s slow economic recovery suggests it may need to increase exports to other countries, including the US, which could react with new tariffs.

According to Chinese customs data, total shipments to the US last year fell by 13.1 per cent compared to a year earlier, to US$500.3 billion.

State-backed bus company in China’s central province of Henan is seeking opinions on its plan to encourage employees to start their own businesses, creating concerns over the so-called iron rice bowl.

China’s 47km (29.2-mile) Fangdong Railway links the cities of Fangchenggang and Dongxing, which sits across the Beilun River from the Vietnamese city of Mong Cai.

China aims to boost a range of tech-heavy sectors, from new materials to biomedicines, in 2024 to move ahead with its advanced manufacturing development and ensure high-quality growth.

Chinese officials have expressed strong opposition to the European Union’s Carbon Border Adjustment Mechanism, even though the short term impact on China’s manufacturing sector is seen to be limited.

Houthi militants have stepped up their involvement in the Israel-Gaza war, meaning ships face an extra 10 days at sea if they divert via the Cape of Good Hope instead of the more direct route through the Suez Canal.

In a summary address and news conference, Russia’s Vladimir Putin had strong words of support for his country’s continued trade with China, expected to break records this year.

China’s leadership has called for the construction of ‘first-class’ investment institutions, but those in leading firms aren’t sure what meeting that goal will entail, or how to overcome the many barriers to achieving it.

At a major economic conference, President Xi Jinping stressed need to ‘comprehensively’ carry out instructions and act ‘vigorously’ to aid in country’s economic recovery.

Domestic demand is far from able to absorb all of the new EV batteries and solar panels, so Chinese manufacturers have little choice but to sell overseas – if they can.

Central leadership vows that ‘Chinese-style modernisation’ will be turned into reality on the back of high-quality development and pro-growth policies, but many details will remain under wraps for now.

Hesitation among buyers and a lack of cash among developers is creating ‘ a negative feedback loop’.

Downward pressures on energy and food prices cited by Beijing as consumer price index falls 0.5 per cent year on year in November.

President Xi Jinping uses Politburo meeting to call for efforts to attract foreign capital and boost trade, while countering negative views of the economy.

China’s largest fishery research vessel has embarked on a survey mission, a high-profile move intended to assess marine resources and establish the country’s role as a major player in the booming industry.

In a departure from the West’s view on the role of finance, China has made the case for its own perspective on the industry, primarily as a tool for achieving policy goals and a buttress for weak links in the economy.

Preventing and resolving financial risk is expected to remain high on the agenda at a major economic conference as sweeping changes are made to rural credit systems.

Russia’s invasion has limited shipment routes from China to Europe and raised interest in alternative and nascent routes – including across the choppy Caspian Sea. But relevant governments need to get on board.

Standing Committee of the National People’s Congress warned some data at China’s small and medium-sized financial institutions does not ‘truly reflect the actual situation’ during a meeting last month.

Analysts expressed optimism in China’s ability to woo foreign investors after a downturn in confidence, welcome news for policymakers who have been keen to court overseas capital back.