Tag #Trade

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usa.chinadaily.com.cn

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May 16, 07:13

Xi Jinping: China Remains Attractive to Foreign Investors

President Xi Jinping reiterated China's attractiveness to foreign investors, citing a 12.8 percent increase in 2024 bilateral trade with Denmark to \$15.46 billion, as Denmark's Foreign Minister prepares for an official visit to China.

Xi Jinping: China Remains Attractive to Foreign Investors

President Xi Jinping reiterated China's attractiveness to foreign investors, citing a 12.8 percent increase in 2024 bilateral trade with Denmark to \$15.46 billion, as Denmark's Foreign Minister prepares for an official visit to China.

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How does the increased trade between China and Denmark reflect broader economic trends and geopolitical relationships?

Xi Jinping's response highlights China's strategic efforts to attract foreign investment, emphasizing a positive outlook for future economic growth. The strong trade relationship with Denmark, exemplified by the significant increase in bilateral trade, supports this narrative and showcases China as a reliable trading partner. The Danish Foreign Minister's visit underscores the deepening diplomatic ties.

bbc.com

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May 16, 01:13

CBI Calls for Major UK-EU Relations Reset

A UK business lobbying group urges a major reset of UK-EU relations, proposing practical steps to ease post-Brexit trade barriers, enhance cooperation on energy, climate, and defense, and restore youth mobility schemes, reflecting the views of over 400 UK companies.

CBI Calls for Major UK-EU Relations Reset

A UK business lobbying group urges a major reset of UK-EU relations, proposing practical steps to ease post-Brexit trade barriers, enhance cooperation on energy, climate, and defense, and restore youth mobility schemes, reflecting the views of over 400 UK companies.

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Peace, Justice, and Strong Institutions

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How do the CBI's proposals address the concerns of UK businesses, and what are the broader implications for the UK economy?

The CBI's recommendations reflect the urgent need for stronger UK-EU ties in a globally uncertain climate. Their proposals—covering worker mobility, professional qualification recognition, and youth exchange programs—directly address concerns impacting businesses across various sectors. This alignment with BusinessEurope's priorities underscores the widespread support for improved collaboration.

theglobeandmail.com

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May 16, 01:13

Rio Tinto to Modernize Quebec Hydro Plant Amidst U.S. Tariffs

Rio Tinto PLC will invest $1.7 billion to upgrade its 99-year-old Isle-Maligne hydroelectric plant in Quebec, Canada, securing its aluminum production amidst U.S. tariffs; this is the largest single investment in its hydroelectric assets since the 1950s.

Rio Tinto to Modernize Quebec Hydro Plant Amidst U.S. Tariffs

Rio Tinto PLC will invest $1.7 billion to upgrade its 99-year-old Isle-Maligne hydroelectric plant in Quebec, Canada, securing its aluminum production amidst U.S. tariffs; this is the largest single investment in its hydroelectric assets since the 1950s.

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Industry, Innovation, and Infrastructure

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What is the significance of Rio Tinto's $1.7 billion investment in its Quebec hydroelectric plant, considering the ongoing trade tensions between the U.S. and Canada?

Rio Tinto will invest $1.7 billion to modernize its Isle-Maligne hydroelectric plant in Quebec, ensuring the long-term competitiveness of its aluminum production. This seven-year project is the largest single investment in its hydroelectric assets since the 1950s and will increase capacity at its aluminum smelters. The modernization directly counters the impact of Trump-era tariffs on aluminum imports.

french.china.org.cn

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May 15, 07:13

China and Chile Strengthen Strategic Partnership, Expanding Economic and Technological Cooperation

Chinese President Xi Jinping and Chilean President Gabriel Boric met in Beijing on Wednesday, celebrating 55 years of diplomatic relations and signing numerous cooperation agreements across various sectors, deepening economic ties and emphasizing multilateralism and free trade.

China and Chile Strengthen Strategic Partnership, Expanding Economic and Technological Cooperation

Chinese President Xi Jinping and Chilean President Gabriel Boric met in Beijing on Wednesday, celebrating 55 years of diplomatic relations and signing numerous cooperation agreements across various sectors, deepening economic ties and emphasizing multilateralism and free trade.

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Partnerships for the Goals

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What immediate economic and political impacts result from China and Chile's strengthened strategic partnership?

Chinese President Xi Jinping met with Chilean President Gabriel Boric in Beijing on Wednesday, marking the 55th anniversary of diplomatic relations. Xi emphasized strengthening their strategic partnership, creating a development model for China and Latin American countries, and promoting global peace. Specific cooperation areas include infrastructure, green minerals, and technology.

global.chinadaily.com.cn

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May 15, 07:13

New China-Mongolia Railway to Boost Energy Trade and Economic Cooperation

China and Mongolia started building a new cross-border railway line expected to be completed by 2027, to boost energy cooperation and increase coal exports from Mongolia to China, with an estimated annual cargo capacity of 30 million metric tons.

New China-Mongolia Railway to Boost Energy Trade and Economic Cooperation

China and Mongolia started building a new cross-border railway line expected to be completed by 2027, to boost energy cooperation and increase coal exports from Mongolia to China, with an estimated annual cargo capacity of 30 million metric tons.

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Industry, Innovation, and Infrastructure

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What are the immediate economic impacts of the new China-Mongolia railway line?

China and Mongolia commenced construction on a new cross-border railway line, projected to be operational by 2027. This initiative, spearheaded by China Energy Investment Corp, is anticipated to significantly increase coal exports from Mongolia to China, boosting both nations' economies. The railway's annual cargo capacity is estimated at 30 million metric tons.

dailymail.co.uk

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May 15, 04:09

Badenoch Attacks Starmer's 'Surrender' Brexit Deal

Kemi Badenoch criticized Labour leader Keir Starmer's Brexit negotiations, accusing him of prioritizing closer EU ties over British interests, citing potential concessions on fishing and defense pacts. A UK-EU summit on Monday aims to reset post-Brexit relations, potentially including trading agreem...

Badenoch Attacks Starmer's 'Surrender' Brexit Deal

Kemi Badenoch criticized Labour leader Keir Starmer's Brexit negotiations, accusing him of prioritizing closer EU ties over British interests, citing potential concessions on fishing and defense pacts. A UK-EU summit on Monday aims to reset post-Brexit relations, potentially including trading agreem...

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Reduced Inequality

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How might the proposed concessions, such as those concerning gene-edited crops and fishing rights, impact the UK's economic competitiveness and its standing in international relations?

Badenoch's statement highlights a key point of contention in the UK's post-Brexit relationship with the EU: the balance between securing closer ties and safeguarding national interests. The planned concessions, including those regarding gene-edited crops and potentially fishing rights, illustrate the difficult choices involved in navigating this complex relationship. These concessions are viewed by some as detrimental to the UK's economic competitiveness and autonomy.

usa.chinadaily.com.cn

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May 16, 07:13

China Grants Visa-Free Access to Five South American Countries

Starting June 1st, China will grant visa-free access for up to 30 days to citizens of Brazil, Argentina, Chile, Peru, and Uruguay, aiming to boost tourism, trade, and cultural exchange, as confirmed by the Chinese Foreign Ministry.

China Grants Visa-Free Access to Five South American Countries

Starting June 1st, China will grant visa-free access for up to 30 days to citizens of Brazil, Argentina, Chile, Peru, and Uruguay, aiming to boost tourism, trade, and cultural exchange, as confirmed by the Chinese Foreign Ministry.

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What are the immediate impacts of China's new visa-free policy for South American citizens?

China's new visa-free policy for five South American countries will allow citizens of Brazil, Argentina, Chile, Peru, and Uruguay to enter China without a visa for up to 30 days starting June 1st. This is expected to significantly boost tourism, trade, and cultural exchange between the regions. The program is a one-year pilot.

english.kyodonews.net

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May 16, 04:10

Japan's Economy Contracts for First Time in Four Quarters

Japan's economy shrank 0.7 percent annualized in the January-March period of 2025, marking the first contraction in four quarters, with real GDP down 0.2 percent from the previous quarter, raising concerns about the nation's economic outlook and fiscal health.

Japan's Economy Contracts for First Time in Four Quarters

Japan's economy shrank 0.7 percent annualized in the January-March period of 2025, marking the first contraction in four quarters, with real GDP down 0.2 percent from the previous quarter, raising concerns about the nation's economic outlook and fiscal health.

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Decent Work and Economic Growth

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What is the significance of Japan's first economic contraction in four quarters, and what are the immediate consequences?

Japan's economy contracted 0.7 percent annualized in the first quarter of 2025, marking its first decline in four quarters. Real GDP decreased 0.2 percent from the previous quarter. This contraction follows a period of economic growth and indicates a potential slowdown.

europe.chinadaily.com.cn

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May 15, 04:09

Middle Corridor Cargo Volume Surges 20% in 2024 Amidst Ukraine Crisis and BRI Alignment

The Middle Corridor's cargo volume surged 20.55% in 2024 to 3.332 million metric tons, and container volume increased by 175.61% to 56,500 TEUs, driven by the Ukraine crisis and the alignment with China's Belt and Road Initiative, aiming for 10-11 million metric tons by 2030.

Middle Corridor Cargo Volume Surges 20% in 2024 Amidst Ukraine Crisis and BRI Alignment

The Middle Corridor's cargo volume surged 20.55% in 2024 to 3.332 million metric tons, and container volume increased by 175.61% to 56,500 TEUs, driven by the Ukraine crisis and the alignment with China's Belt and Road Initiative, aiming for 10-11 million metric tons by 2030.

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What is the impact of the Ukraine crisis on the Middle Corridor's freight volume and global significance?

The Middle Corridor, a trade route connecting China and Europe via Central Asia, saw a 20.55% increase in cargo volume (reaching 3.332 million metric tons) and a 175.61% rise in container volume in 2024. This surge is largely due to the Ukraine crisis, which disrupted the Northern Corridor and increased reliance on the Middle Corridor. The World Bank projects cargo volume to reach 10-11 million metric tons by 2030.

europe.chinadaily.com.cn

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May 15, 07:13

Michel Urges Stronger China-EU Cooperation Amidst Global Uncertainty

Former European Council President Charles Michel urges stronger China-EU cooperation to navigate global challenges, citing $762 billion in bilateral trade in 2024 and suggesting reforms to the WTO and new financial tools to foster collaboration.

Michel Urges Stronger China-EU Cooperation Amidst Global Uncertainty

Former European Council President Charles Michel urges stronger China-EU cooperation to navigate global challenges, citing $762 billion in bilateral trade in 2024 and suggesting reforms to the WTO and new financial tools to foster collaboration.

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How does Michel's suggestion to reform the WTO dispute settlement mechanism relate to the broader context of China-EU trade relations?

Michel's comments highlight the increasing interdependence between China and the EU in tackling complex global issues. His call for a new plan to address internet development and partnerships underscores the need for international collaboration, moving beyond national approaches. The significant bilateral trade volume further emphasizes the economic benefits of this cooperation.

french.china.org.cn

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May 15, 07:13

China and Colombia Strengthen Ties, Expand Belt and Road Cooperation

During a Beijing meeting, Chinese President Xi Jinping and Colombian President Gustavo Petro agreed to deepen bilateral cooperation, including infrastructure development and renewable energy projects, under the Belt and Road Initiative, marking the 45th anniversary of diplomatic relations.

China and Colombia Strengthen Ties, Expand Belt and Road Cooperation

During a Beijing meeting, Chinese President Xi Jinping and Colombian President Gustavo Petro agreed to deepen bilateral cooperation, including infrastructure development and renewable energy projects, under the Belt and Road Initiative, marking the 45th anniversary of diplomatic relations.

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How will this partnership influence Colombia's economic diversification strategy and its relationships with other global powers?

This collaboration marks the 45th anniversary of diplomatic relations and leverages Colombia's role in the Community of Latin American and Caribbean States (CELAC). China's Belt and Road initiative aims to boost trade, investment, and infrastructure development, aligning with Colombia's goal of economic diversification and sustainable growth.

theglobeandmail.com

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May 15, 01:10

Boeing Secures Record $96 Billion Middle East Order

During President Trump's Middle East visit, Boeing secured a record-breaking $96 billion order from Qatar for 787 and 777X jets and a separate deal with Saudi Arabia for 20 737-8 jets, marking a significant recovery after years of challenges, including the 737 Max grounding and trade disputes.

Boeing Secures Record $96 Billion Middle East Order

During President Trump's Middle East visit, Boeing secured a record-breaking $96 billion order from Qatar for 787 and 777X jets and a separate deal with Saudi Arabia for 20 737-8 jets, marking a significant recovery after years of challenges, including the 737 Max grounding and trade disputes.

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What is the immediate financial impact of the Qatar and Saudi Arabia orders on Boeing, considering recent challenges?

Boeing secured a $96 billion order from Qatar for 787 and 777X jets, the largest order for wide-body jets in its history. Additionally, a separate deal with Saudi Arabia includes 20 737-8 jets with options for 10 more. These orders follow the lifting of a Chinese ban on Boeing plane deliveries.

Showing 529 to 540 of 1,539 results