On April 6, Maggie Xu, a Maryland resident, took her college-bound daughter to their local Best Buy - a major North American retailer - only to find chaos caused by confusion over the "reciprocal tariffs" recently imposed by the US government. "The store was packed by people, way...More

Some politicians in the US continue to promote the narrative of "China's overcapacity," despite it being inconsistent with economic principles and factual evidence. Such irresponsible rhetoric only serves as an excuse for advocating trade protectionism. China's competitive advantage in manufacturing new-energy products stems from the country's active technological...More

China is ramping up efforts to promote free trade cooperation by accelerating talks and upgrades of free trade agreements (FTAs) and enhancing the development of its free trade zones (FTZs), the Ministry of Commerce (MOFCOM) said at a press conference on Friday. The acceleration of free trade cooperation...More

Despite challenges posed by Washington's increasing protectionism, China's shipbuilding industry has already established a strong foundation for sustainable growth. This suggests that, despite obstacles and competition, the growth momentum of Chinese manufacturing will not be fundamentally hindered. China CSSC Holdings Ltd's first-half net profit is expected to soar...More

Beijing. An upgraded China-ASEAN trade protocol, which fully came into force on Tuesday, will unlock more business opportunities and counter growing trade protectionism around the world, experts said. The deal also lays a solid foundation for other regional agreements, such as the Regional Comprehensive Economic Partnership (RCEP), and...More