By Yin Yeping and Feng Fan July 18, 2024
China has proposed to the World Trade Organization (WTO) the establishment of an expert panel regarding a dispute over new-energy vehicle (NEV) subsidies and other measures under the US Inflation Reduction Act (IRA), as the US has failed to reach a solution through consultations with China, a spokesperson...More
This year's Asia-Pacific Economic Cooperation (APEC) Economic Leaders' Informal Dialogue, hosted by the US, has received a relatively unanimous positive assessment from APEC economies and the broader international community. This is not easy. Many people were previously concerned that the US might stir up division and advocate its...More
The just-ended Asia-Pacific Economic Cooperation (APEC) meetings, where Chinese leaders and industry representatives stressed the importance of openness and inclusiveness in development, brought the Chinese business community stronger confidence in cooperation in the Asia-Pacific region. Companies that had participated in the meetings said that they stand ready to...More
Editor's Note: This year marks the 10th anniversary of the Belt and Road Initiative (BRI) proposed by Chinese President Xi Jinping. Through the lens of foreign pundits, we take a look at 10 years of the BRI - how it achieves win-win cooperation between China and participating countries...More
Beijing. Due to US obstruction, the Appellate Body of the World Trade Organization (WTOAB) will likely be unable to function on Wednesday. Normally consisting of seven judges, the WTOAB has been operating with only three judges, the bare minimum, since January 2018, and two of those judges will...More
As if the world needs more evidence that the US has become a destructive force in global trade rather than a leader as it had been in the past, Washington has single-handedly and effectively paralyzed the WTO - the symbol of rules-based global free trade. The WTO's Appellate...More
The world has never been a level playing field for all nations of various ethnicities, religions, civilizations and political systems. Since 1990s, free trade and multilateralism have been the cornerstone of globalization. But the world market never treated all players equally as developed countries set the rules with...More
Beijing. China and the US may still have a long way to go to end the trade war, with major differences remaining over the nature of the bilateral relationship, despite ongoing talks on a possible phase-one deal to defuse tensions, officials, business leaders and top experts said on...More
Your Excellencies Heads of State and Government, Your Royal Highness, Your Excellencies Heads of International Organizations, Your Excellencies Heads of Delegations, Distinguished Guests, Ladies and Gentlemen, Friends, In May 2017, I announced China’s decision to hold the China International Import Expo (CIIE) starting from 2018. Today, after more...More
Entrepreneurs and scholars expressed confidence in the Chinese market on the first day of the China International Import Expo (CIIE), after the country vowed to build a more open economy through practical measures. Chinese President Xi Jinping announced the opening of the expo, which is believed to be...More