Huan Zhu

China Releases December Trade Data

China's trade data for December shows that its exports had a larger dip compared to the month before, while the more moderate decline of imports may indicate that economic recovery is on its way. A break down of its trade with major trading partners is provided below.

China's Foreign Minister Visits Africa, Talks Debt and Other Support

This week, China's new Foreign Minister Qin Gang is visiting Africa to "deepen the China-Africa comprehensive strategic and cooperative partnership and boost friendly cooperation between China and Africa."

Paxlovid in China: A Debate on Compulsory Licensing

After the failure by Pfizer and the Chinese government to reach an agreement on including COVID medicine Paxlovid in the state health insurance plan, there are some discussions in China on whether compulsory licensing is justified as cases are surging in the nation.

China Issues Regulatory Document for Filipino Durian

As a follow-up to the meeting between the leaders of China and the Philippines, China's General Administration of Customs (GACC) has now released detailed requirements for fresh durian imports from the Philippines.

Ecuador Government: Trade Agreement with China Lowers Tariffs for 99% of Ecuador Exports

After ten months of trade negotiations, government officials from China and Ecuador revealed that the bulk of the agreement has been concluded, with only some procedural steps left to be completed. As bilateral trade has grown steadily over the past couple years, the agreement is expected to further bolster trade

China and the Philippines Sign Agreements on Agricultural Goods and Other Trade Issues

During a meeting last week, the leaders of China and the Philippines talked about strengthening cooperation in trade, infrastructure, energy and other areas while emphasizing that "maritime issues do not comprise the sum-total of relations." The two sides signed 14 bilateral agreements on issues related to the Belt

MOFCOM Extends Anti-Dumping Duties on Optical Fiber from Japan and South Korea

China's Ministry of Commerce recently announced its ruling on the expiry review for anti-dumping measures on optical fiber from Japan and South Korea, deciding to extend the anti-dumping duties, which range from 7.9% to 46%, for another five years.
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