The 14th BRICS Trade Ministers Meeting concluded in Moscow on July 26 with member nations reaching consensus on a range of issues, including e-commerce, climate-related trade, and supply chain cooperation. This development paves the way for the Members to collaborate on green products such as new energy vehicles, lithium batteries,

China's Ministry of Commerce recently started an expiry review on anti-dumping measures on stainless steel billet and hot-rolled stainless steel plates /coils from the EU, UK, South Korea, and Indonesia, while letting the measures on Japan, which were disputed at the WTO, expire.

Italian Prime Minister Giorgia Meloni visited Beijing this week, where she talked about balancing bilateral trade and investment, and signed sectoral agreements in a number of areas, including electric vehicles and renewable energy.

At a press conference today, a spokesperson for China's Ministry of Commerce (MOFCOM) provided comments on the EU's anti-dumping duties on Chinese biodiesel, the renewed effort to bolster cross-border trade and investment with risk control, and China's outbound investment.

A Chinese industry association and a major automaker criticized the European Commission's anti-subsidy investigation of Chinese electric vehicles (EVs) as being inconsistent with WTO rules. Criticisms include inflating the subsidy rate, a lack of transparency, an unusual sampling process, and requesting excessive information.

China's Ministry of Commerce announced the final ruling on the anti-dumping investigation of U.S. propionic acid last week, sustaining a preliminary ruling.

China's Ministry of Foreign Affairs announced today that it was removing sanctions on U.S. communications company Viasat. This is the first time that China has publicly removed a company from its sanctions list.