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The Ministry of Commerce (MOFCOM) is an executive department of the State Council of the People's Republic of China that is responsible for formulating policy on foreign trade, export and import regulations, foreign direct investments, consumer protection, market competition (competition regulator) and negotiating bilateral and multilateral ...
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 ...
Chinese leader Xi Jinping has warned the United States against restarting a trade war, saying there would be “no winners” even as he vowed to defend the country’s economic interests.
It provides a major trading platform and pricing center for renminbi and foreign exchange-related products. [2] CFETS 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. It ...
In 2020, China signed major free trade agreements with the European Union as well as fifteen different Asia-Pacific countries. [11]: 259 As of at least 2023, China is the world's largest exporter, a status it has maintained continuously since 2010. [12]: 88 Effective 1 December 2024, China eliminated tariffs for goods imported from all of the ...
The data showed China "is not yet out of the woods", said Erin Xin, Greater China economist at HSBC in a note, adding she expected China to ease monetary policy further and expand support for ...
The State Administration for Market Regulation (SAMR; 国家市场监督管理总局) is a Chinese ministerial-level agency directly under the State Council of the People's Republic of China responsible for market supervision and management. SAMR was established in 2018. It is China's primary antitrust regulator.
Economists say that Trump's overall tariff plans, likely his most consequential economic policy, would push U.S. import duty rates back up to 1930s-era levels, stoke inflation, collapse U.S.-China ...