China and the European Union will have bigger room to cooperate and the nation could offer favorable policies to the EU in market access, experts said on Thursday.
China needs to improve relevant regulations and policies to better cope with the trade protectionism initiated by the United States, especially regulations dealing with bilateral trade and intellectual property protection for technology exports. The country should take the lead in promoting globalization, advance the Belt and Road Initiative and further strengthen cooperation with the European Union.
California's agricultural community hopes the Trump administration will ditch its plans to impose tariffs on Chinese aluminum and steel, as the state's farmers will be hit hard if its top trading partner imposes retaliatory levies.
The US ethanol industry has been able to offset a tariff-induced drop in exports to China, with experts saying that China's burgeoning demand will ensure it remains a desirable market.
Bilibili Inc, a popular Chinese video-sharing platform for younger viewers, began its first day of trading on Wednesday by debuting below its offer price, a rocky start as a public company on Wall Street.
Last week's US trade and investment measures targeting China focused on technology. China will respond, but we expect it to remain relatively restrained, and - barring major escalation - the macroeconomic damage in 2018-19 should remain manageable.
China's second largest State-owned commercial bank by assets is stepping up its efforts to foster new drivers of growth, such as consumer finance, green lending and financial services related to home leasing.
The United States is leveraging national security as excuses to block Chinese investments, which will eventually hurt the interests of US startups and consumers, experts said on Wednesday.
The China Iron and Steel Association has urged the Chinese government to take resolute measures against imports of stainless steel, seamless pipes, coal, agricultural products and consumer electronics from the United States to confront trade protectionism.
Wisconsin's ginseng growers are apprehensive about their product showing up on a list of targets if China retaliates against US tariffs.
Smartphone vendor Huawei Technologies Co Ltd unveiled its latest smartphones in Paris on Tuesday, in a new push to grab market share from Apple Inc and Samsung Electronics Co in Europe.
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Raymond Zhou
Op Rana
Berlin Fang
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Huang Xiangyang
Chen Weihua
