China's Customs Tariff Commission announced that it will grant zero tariffs on imports from 10 more Least Developed Countries (LDCs), covering 98% of items in the tariff schedule, effective on December 1.

Taiwanese officials gave a recent update on the progress of financial support and government efforts to bolster investment and trade with Lithuania, as the two sides pursue closer diplomatic ties. So far this year, bilateral trade between the two has mostly remained flat (with 1% growth) compared to last year.

China's Customs recently announced that dried melon from Uzbekistan is now allowed to be sold in China, as more agricultural products from the nation are expected to be allowed in the near future.

China's trade data for October contracted in both directions when measured in US dollars, further darkening the economic outlook. Despite the downward trend, China's growing trade with ASEAN indicates a more integrated regional trade pattern.

German Chancellor Scholz, along with a team of top German CEOs, met with Chinese leaders Xi Jinping and Li Keqiang last week, as both sides laid out areas for future cooperation and expressed concerns over economic relations. With the bilateral economic relationship in a state of flux and geopolitical discussions

On Tuesday and Wednesday of this week, the U.S. and Taiwan will hold meetings in New York City on the U.S.-Taiwan Initiative on 21st-Century Trade.

Invited by Taiwan's National Communications Commission (NCC), FCC Commissioner Brendan Carr paid a three-day visit to Taiwan, during which time he discussed cybersecurity and telecoms with Taiwan officials. This is the first time that an FCC Commissioner has visited Taiwan.