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Trade
News about international trade flows, statistics and policy decisions from the world’s most important trading economies and trade-related bodies, including the World Trade Organisation.
Chinese workers are seen in a tunnel in Kyrgyzstan, on February 13, part of the 523km China-Kyrgyzstan-Uzbekistan railway currently under construction. Photo: Xinhua
China economy

Opinion | China is growing its export channels with railways through Central Asia

Beijing is seeking to diversify its export channels as geopolitical tensions destabilise maritime trade hubs.

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US-China relations

Crawfish soup on Mars? US Senate hears worries over China’s scientific ambitions

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Canada

Canadian provinces defy Trump’s tariff threat, keep US alcohol bans

Banking & finance

‘Clear signals’: Why China could expand capital outflow channels

As China’s trade surplus grows, signs point to Beijing broadening the opening-up of its capital account amid yuan internationalisation push.

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Five 100-yuan banknotes are rolled and arranged in a neat row. Photo: SOPA Images/LightRocket via Getty Images
China-EU relations

EU lawmakers arrive in China for high-stakes talks to manage mounting tensions

Wang Yi calls on delegation to strengthen exchanges across Chinese society for ‘a genuine, multi-dimensional and evolving perspective’.

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China trade

China, Russia plan fifth rail link to keep trade chugging along in harsh winters

Heilongjiang province is studying feasibility of connecting Heihe city with Blagoveshchensk in Russia by train, aiming to remove road and waterway bottlenecks.

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Electric & new energy vehicles

As BYD marks Brazil milestone, Europe weighs response to surge in Chinese EVs

BYD hits 100,000 EVs in South American country, but calls grow in Europe for higher tariffs on Chinese products to shield local industry.

Workers check vehicles in BYD’s plant in Camacari, Brazil, on February 3, 2026. Photo: Reuters
China-Latin America relations

Brazil widens lead over US in China’s soybean market despite Trump-Xi deal

China’s Brazilian soybean imports up 13.7 per cent in June compared to a year earlier; US figures fell 20.6 per cent over the same period.

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Donald Trump

Trump orders new 50% tariff on many Canadian goods, escalating trade war

Ottawa says new duties violate USMCA as Trump uses untested 1930 law to hit Canadian imports.

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US-China relations

Trump order targets China-linked military mineral supply chains

US defence contractors must identify critical mineral sources and reduce dependence on Beijing-linked materials.

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US President Donald Trump in the Oval Office at the White House in Washington. Photo: EPA
China exports

‘Made in China’ increasingly a symbol for hi-tech and high value

Led by robots and EVs, the country’s move up the industrial value chain is gaining momentum, June’s industrial export figures show.

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A woman poses next to humanoid robots at the World Artificial Intelligence Conference (WAIC) in Shanghai on Saturday. More than 400 such models have been developed in China, according to official data. Photo: AFP
Alibaba

Alibaba vows to appeal US$629m EU fine for breaches of Digital Services Act

The e-commerce firm described the fine as ‘disproportionate’ and said it did not reflect ‘significant, proactive enhancements’ it undertook.

China-EU relations

Can Europe win a trade war with China? It may depend on how victory is defined

Brussels is increasingly determined to ensure core industries survive if confrontation with Beijing proves unavoidable.

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China-EU relations

France, Germany put up united front against China’s economic ‘challenges’

Both nations call on Brussels to strengthen its defences as EU adds US$1.14 billion a day to its China trade shortfall, while losing jobs.

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German Chancellor Friedrich Merz and French President Emmanuel Macron arrive for a press conference at Schloss Augustusburg in Bruehl, Germany on July 17. Photo: Reuters
European Union

EU fines AliExpress US$630 million over illegal products

It is the largest fine ever imposed under the EU’s powerful Digital Services Act, part of the bloc’s legal armoury to police big tech.

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AliExpress is the biggest Chinese e-commerce platform in the EU with 193 million users. Photo: Shutterstock
China GDP

China’s half-year growth

Second-quarter GDP grew by a slower-than-expected 4.3 per cent, weighed down by the US-Israeli war on Iran, weak domestic consumption and a prolonged property slump.

China-Russia relations

Opinion | Can Russia and China ever have a truly equal relationship?

In a partnership in which one side relies on the other for both export revenues and critical imports, the notion of equality is questionable.

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China exports

China did not qualify for the World Cup. It may have won in economic terms

While its men’s team has not competed since 2002, this year’s tournament has generated significant profit for many Chinese firms.

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A customer browses a FIFA World Cup 2026 store in Beijing displaying merchandise featuring Argentine soccer player Lionel Messi. Photo: EPA
Asean

Opinion | Southeast Asia must write its own trade rules for China’s ‘flying geese’

As Chinese manufacturers migrate south, Asean has the leverage to dictate terms on local sourcing and skills training.

US, Israel war on Iran

‘We will not stop’: the UAE’s trillion-dollar trade detour

New terminals offer insurance, but analysts say securing trade ultimately relies on lasting peace, not just pouring concrete.

Electric & new energy vehicles

Europe’s carmakers plan a comeback – powered by EU policies and Chinese tech

New regulations will help EU produce electric vehicles at a price point to match China, but European job losses would be among trade-offs.

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Illustration: Davies Christian
Donald Trump

Trump blames Canada for wildfire smoke, says he’ll add cost to tariffs

Smoke from Canadian fires has enveloped a swathe of the US, raising questions about conditions for Sunday’s World Cup final in New Jersey.

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The sun rises next to The Empire State Building through a cover of wildfire smoke on Friday. Photo: Reuters
US-China relations

US lets Hong Kong emergency expire but keeps preferential treatment restrictions

State Department says 2020 order remains in effect as city still lacks sufficient autonomy for different treatment from mainland China.

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China shipbuilding

Chinese shipbuilders snap up more supertanker orders amid Iran war turmoil

Industry data shows China’s shipyards secured 82 per cent of tanker orders placed this year, as measured by carrying capacity.

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US, Israel war on Iran

Red Sea shutdown risk looms as US-Iran tensions threaten another oil surge

Tehran puts Houthi militants on notice to close critical shipping lanes, threatening a fresh supply shock as Brent crude notches 21 per cent rally since early July.

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This July 2025 handout image shows a Liberia-flagged bulk carrier being attacked by Houthi fighters at sea. Attacks by Yemen’s Houthis have prompted many freight companies to detour around southern Africa to avoid the Red Sea. Photo: AFP
US-China relations

Beijing denounces US chip curbs as threat to global supply chains

Move to incorporate three China-focused export control measures into the NDAA marks a new escalation in the US technology rivalry.

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Nvidia’s AI chips are at the centre of US efforts to tighten export controls on advanced computing technology bound for China. Photo: Nvidia
China trade

Helium squeeze: China vows trade controls on gas to shield critical industries

A by-product of LNG production, helium is critical for hi-tech industries including semiconductors, medical equipment and aerospace.

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Brazil

Rubio says 25% US tariffs on some Brazilian goods price for Lula’s ‘ego’

Brazil denounced the levies, saying ‘there’s no justification for unilateral measures against our country’.

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