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CFETS provides a major trading platform and pricing center for renminbi and foreign exchange-related products. [2] It is the trading platform of the China Interbank Bond Market (though not for the Chinese repo market, which is traded on the Shanghai Stock Exchange) and participates in China's policy of internationalization of the renminbi.
Different sources of trade data may provide more or less complete data coverage, and more or less detail: reported vs. mirrored: One key distinction in trade data is between the reporting country (the country that provides data) and the partner country (the country listed as an export partner or import partner in the data provided by a reporting country).
In November 1949, a month after the People's Republic of China was established, the Chinese Communist Party formed the Ministry of Trade (贸易部) while the MOEA continued to operate in Taiwan and several other islands. [citation needed] In August 1952, the Ministry was renamed to Ministry of Foreign Trade (对外贸易部).
China has invested over 43.5 billion yuan ($6.12 billion) in a nationwide project to build computing data centers over the past years, a senior government official said on Thursday, amid tech ...
In 2020, China signed major free trade agreements with the European Union as well as fifteen different Asia-Pacific countries. [12]: 259 As of at least 2023, China is the world's largest exporter, a status it has maintained continuously since 2010. [13]: 88 Effective 1 December 2024, China eliminated tariffs for goods imported from all of the ...
In the 1980s Japan accounted for over 20 percent of China's foreign trade and in 1986 provided 28.9 percent of China's imports and 15.2 percent of its exports. Starting in the late 1970s, China ran a trade deficit with Japan. [citation needed]
The final tally is in, and the numbers are grim: Donald Trump's huge trade deal with China — the deal he trumpeted as a "transformative" victory for the U.S. — turned out to be a massive bust.
In 2010, China's annual level of inward foreign direct investment (FDI) reached a record US$106 billion. [2] As of 2013, China is the world's second-largest economy , with an estimated nominal gross domestic product (GDP) of US$8.25 trillion and a total international trade value of US$3.64 trillion.