China steels itself for new front in trade war after US proposes tariffs on metals

The US Trade Representative’s (USTR) office also initiated a probe into China’s maritime, logistics and shipbuilding industries, alleging that Beijing used “unfair, non-market policies and practices” to dominate these sectors. Henry Gao, a law professor at Singapore Management University, said he would not be surprised if China imposes countermeasures against the proposed tariffs through countervailing … Read more

China says exports rise for first time in seven months

Chinese exports rose in November for the first time in seven months, officials said Thursday, as the country navigates a troubled recovery from the Covid-19 pandemic. However, the reading compares with a low base from last year when authorities were still wedded a zero-Covid policy that hammered output and business activity, while a surprise drop … Read more