China Newsbase
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The China News Database was last updated at 01:50PM on November 9, 2023.
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136 articles matching the search query.
Banned Australian Lobsters Are Sneaking Into China Via Hong Kong
Australia’s rock lobsters may be finding their way onto Chinese dinner tables through a back door that’s letting the industry sidestep a ban on the long-prized delicacy.
China’s Falling Unemployment Masks a Lack of Jobs For the Young
China’s unemployment rate has steadily dropped from last year’s pandemic peak though a lack of jobs for graduates and a shortage of skilled manufacturing workers point to underlying problems in the labor market.
China’s Worse-Than-Suez Ship Delays Set to Widen Trade Chaos
The global shipping industry, already exhausted by pandemic shocks that are adding to inflation pressures and delivery delays, faces the biggest test of its stamina yet.
China Is Drinking Barely A Drop of Australian Wine After Tariffs
Australian exports of wine to mainland China have almost completely dried up after the Chinese government imposed tariffs of more than 200% last year in an escalating trade spat.
Republicans Seek Broader Curbs on Exports of Chip Tools to China
Two Republican lawmakers called for broader American restrictions on the sale of chip-making tools after the U.S. government placed several Chinese supercomputing firms on an export blacklist, saying even tougher rules are needed to prevent the People’s Liberation Army from using sensitive technologies.
Taiwan’s GDP Growth Outpaces China’s for First Time in 30 Years
Taiwan’s economic growth outpaced that of China’s for the first time in 30 years, helped by its early control of the virus and stellar export performance.
China Trucking Startup Eyes $1 Billion U.S. IPO After Profit
Uber-like Chinese startup Full Truck Alliance is preparing for a U.S. initial public offering that could raise at least $1 billion as soon as this year, after eking out a slim 2020 profit thanks to a pandemic-era shipping surge.
China Trade Dispute Cost Australia $3 Billion in Lost Exports
Australia’s trade fight with China cost it about $3 billion in commodities sales last year, and that relatively small impact suggests there’s little economic need for the country to bow to Beijing’s pressure.
Brazil's JBS says China lifted pandemic-related bans on two meat plants
Brazil-based meatpacker JBS SA said on Wednesday China has lifted bans on two meat plants imposed in 2020 over coronavirus concerns.
How Trump Lost His Trade War With China
U.S. President Donald Trump famously tweeted that “trade wars are good, and easy to win” in 2018 as he began to impose tariffs on about $360 billion of imports from China. Turns out he was wrong on both counts.
Soaring Shipping Costs Could Curb China’s Export Boom
Global demand for Chinese goods has been so strong recently it’s creating a shortage of containers and driving up shipping costs, potentially impeding the nation’s exports in coming months.
Australia to Challenge China at the WTO as Tensions Escalate
Australia will challenge China at the World Trade Organization over Beijing’s decision to impose hefty tariffs on its barley exports, a further sign of deteriorating relations between the two key trading partners.
Australia 'gradually losing the Chinese market': Beijing mouthpiece appears to confirm coal ban
Chinese state-owned media outlet The Global Times appears to have confirmed a ban on Australian coal imports. Trade Minister Simon Birmingham calls on Chinese authorities to rule out the report.
A Dangerous Level of Dependence Binds China and U.S. Farmers
Measured by the bushel, the U.S.-China relationship has never been stronger.Through the trade war and open hostilities at the highest political levels, pig farmers in China and crop farmers in the U.S. have become increasingly interdependent. Already America’s biggest customer of soybeans and sorghum, for this season China bought an unprecedented 11.2 million metric tons of corn, up nearly 1,300% compared with pre-trade-war purchases.
China’s Set to Import More U.S. Corn and Squeeze Global Prices
China is set to import more U.S. corn, with volumes for next year seen hitting the top end of market expectations and squeezing global grains prices.
China issues final batch of refined fuel export quotas for 2020: sources
China has issued a new and final batch of refined fuel export quotas for 2020 totalling 3 million tonnes, including its first sizeable quota to a giant private refiner, two industry officials with knowledge of the matter said on Monday.
China’s Yuan Extends Best Week Since 2017 on Biden’s Victory
The yuan extended its recent rally as the dollar weakened following Joe Biden’s presidential victory in the U.S.
Shipping Camels to China Is Goal of Sudan’s $140 Million Port
A Chinese-built port for shipping livestock from Sudan’s Red Sea coast will be completed by year-end, the latest African component of Beijing’s Belt and Road Initiative, a Sudanese company official said.
Request made to apply retrospective tariffs on Australian wine in China, company says
A request to apply retrospective tariffs on Australian wine has been made by China's Alcoholic Drinks Association, Australian wine exporter Treasury Wine Estate says.