A Chinese commerce official recently said that China's trade is facing growing uncertainties. In response, the Chinese government announced several measures to boost trade, including some to facilitate cross-border e-commerce.

Chinese officials are making an effort to stabilize major foreign investments in the nation, but some key obstacles and challenges for foreign investors, as illustrated by recent comments from European and American business groups and experts, seem unlikely to be resolved in the near future.

China's customs agency announced new guidelines for imports of wild aquatic products from Papua New Guinea. This announcement opens the door to more aquatic products from the Pacific country, which are also likely to be helped by the lifting of COVID-related import restrictions that had largely curbed seafood

A Chinese Foreign Ministry official confirmed that the railway service that carries cross-border goods has resumed between North Korea and China, a move likely to boost bilateral trade, which had been slowed by COVID measures in border cities.

Last week, China and Ecuador announced an agreement to restructure Ecuador's $4.4 billion in outstanding debt, and also advanced trade talks and said they hoped to reach a trade deal by December.

The Chinese foreign minister and his GCC counterparts met this week, with the two sides agreeing to "reach [] common ground" on a trade agreement "at an early date."

A spokesperson for China's Ministry of Commerce has raised concerns about the discrimination against foreign products that is part of the electric vehicle tax credits in the U.S. Inflation Reduction Act (IRA).