The United States Trade Representative announced an increase in tariffs on key Chinese goods, including electric vehicles, batteries, solar cells, etc. China expressed dissatisfaction with this and promised to defend its rights and interests.
In the first four months of 2024, the freight volume of the railway from China to Europe increased by 11% year - on - year. Chinese enterprises such as BYD are expanding in Europe, demonstrating the global competitiveness of Chinese brands.
In accordance with Chinese laws and regulations and the Sino-French Protocol, the General Administration of Customs has clarified the quarantine and sanitary requirements for the import of French pig-derived protein feed, including the scope of goods, production enterprises, raw materials, processing, packaging, labeling, pre-export inspection, and import quarantine approval.
China Promotes Trade Growth by Introducing AI Equipment and Technology. The Import Value of Automatic Data Processing Equipment Increased by 50% Year - on - Year in the First Four Months of 2024, Demonstrating Chinas Ambition in the Global AI Competition.
The Biden administration plans to raise tariffs on Chinese electric vehicle imports to 100%, with solar products also facing increased tariffs, sparking controversy among industry associations and experts.
In April 2024, Chinas exports to Russia fell by 13.5% to $8.32 billion while imports grew by 19%. US sanctions affected trade settlements as economic interdependence and cooperation between the two countries deepened.
The U.S. Department of Commerce has initiated anti-dumping and countervailing investigations on epoxy resins and 2,4-dichlorophenoxyacetic acid, involving China, India, South Korea, Taiwan, and Thailand, aiming to protect the domestic market.
EU officials engage in dialogue with China to protect agricultural exports. China lifts import bans on EU agricultural products, but escalating commercial disputes raise concerns.
The US Department of Commerce Revokes Export Licenses for Qualcomm, Intel, etc. to Huawei, Aiming to Curb Chinas AI Development, Affecting Huaweis Recovery and the US Semiconductor Industry
To meet domestic energy demands, Kazakhstans Ministry of Energy announced another six-month extension of the liquefied natural gas export ban starting May 14. This measure aims to safeguard national energy security and support ongoing industrial and population growth.