China has sharply reduced tariffs on European Union pork imports worth over $2 billion, reports Reuters. This is the final ruling of an anti-dumping investigation regarded to be a response to the bloc’s duties on Chinese electric vehicles. China will impose tariffs of between 4.9% and 19.8% on pork imports from the EU for a five-year […]
Category: Economics & Trade
China’s factory output growth slowed to a 15-month low, while retail sales recorded their worst performance since the country abruptly ended its zero-COVID policy, reports Reuters. Industrial output rose 4.8% year-on-year, National Bureau of Statistics (NBS) data showed on Monday, the weakest pace since August 2024, slowing from 4.9% in October. Retail sales, a gauge of […]
China will require export licenses for nearly all steel products starting Jan 1, 2026, reports Caixin. The move is aimed to rein in surging overseas shipments that have drawn global scrutiny and fueled trade disputes. The Ministry of Commerce and the General Administration of Customs jointly announced the measure, noting that the licensing regime will cover […]
November saw the price of second-hand homes fall for the seventh consecutive month throughout China, with the pace of that decline being the fastest in over a year. Meanwhile, the economy further slowed, with factory output hitting a 15-month low and retail sales being the worst since the end of Covid. The overall situation is […]
Chinese investors are borrowing a record amount of cash to buy local stocks, further fueling a months-long rally that has largely been driven by liquidity, reports Bloomberg. The outstanding amount of margin trades in China’s onshore equities market climbed to RMB 2.28 trillion ($320 billion) Monday, surpassing the previous record of RMB 2.27 trillion in […]