MOFCOM Press Conferences
Total 49 Posts
MOFCOM Defends Drone Export Controls and Criticizes U.S. Telecom Equipment Removal
At today's press conference, China's Ministry of Commerce (MOFCOM) spokesperson He Yadong addressed several issues affecting international trade relations: Drone exports to the U.S. and Europe, Australian lobster imports, and U.S. efforts to remove Chinese telecom equipment.
MOFCOM Comments on Export Controls and Addresses Trade Tensions with U.S. and Australia
At last week's press conference, a Ministry of Commerce spokesperson made comments on China's new export controls targeting the United States, U.S. anti-dumping measures against solar products, Australian meat imports, and digital trade.
MOFCOM to Promote Trade, Downplays Impact of De Minimis Revision
Last month, China's Ministry of Commerce (MOFCOM) unveiled a series of measures aimed at bolstering "steady growth" of trade, including maintaining its momentum in the global e-commerce market. The initiatives come amid growing global trade tensions and shifts in international trade policies.
Beijing Calls U.S. Sanctions a Human Rights Violation
China's Ministry of Commerce has strongly criticized the recent U.S. sanctions imposed on Chinese firms linked to allegations of forced labor in Xinjiang, asserting that these measures constitute a violation of human rights.
U.S. Curbs on China Investment Spark Retaliation Threats
The Biden administration's recent move to restrict outbound investments to China has prompted swift condemnation from Beijing, which characterizes the measures as discriminatory and detrimental to global economic cooperation. As both countries grapple with the implications of these restrictions, concerns are mounting over potential retaliation and the broader
China Pushes Back on U.S. Drone Related Sanctions
The U.S. Treasury Department recently sanctioned two Chinese entities for helping Russia to build drones. China's Ministry of Commerce pushed back today, claiming that China has "strict control measures" over dual-use drones.
Beijing Publishes 2023 Outbound FDI Data
China's 2023 report on foreign direct investment (FDI) revealed that Chinese investment reached US$177.29 billion last year, with the majority going to Asian countries, while FDI in the EU and the U.S. dropped.