Global trade shows

After returning to growth in April, China's industrial engine continued to forge ahead, stabilizing and driving growth for the broader economy. The value-added industrial output surged 7.1 percent year on year in Q4, accelerating by 1.3 percentage points from Q3 last year. … [Read more...] about Economic Watch: Zooming into China’s economy in 2020 beneath headline growth

There is no doubt that some major differences exist between China and the US, as they always do in the past decades, but the many mechanisms of high-level dialogues abandoned by the Trump administration had proved far more effective in solving issues and managing differences than the unilateral policies in the past years. … [Read more...] about Good China ties will help Biden tackle key challenges

Imports in December 2020 were down 11.6 percent to 5.96 trillion yen, dropping for a 20th straight month and leading to goods trade surplus of 751.01 billion yen, the sixth straight month of surplus logged, the ministry said. (1 U.S. dollar equals 103.41 yen) Enditem … [Read more...] about Japan’s exports in 2020 mark largest drop in 11 years due to pandemic

Hua hoped that the new administration under Joe Biden would "look at China rationally and objectively, meet China halfway and, in the spirit of mutual respect, equality and mutual benefit, push China-US relations back to the right track of healthy and stable development as soon as possible", CNN reported. … [Read more...] about China sanctions top Donald Trump officials after Joe Biden takes charge as US President