The U.S. Customs and Border Protection announced in an updated guidance late Friday that the government has exempted smartphones, computers and other electronic products from its "reciprocal tariffs."
The World Bank data presents an irrefutable fact: China's trade-to-GDP ratio plummeted from 64 percent in 2006 to 37 percent in 2023, dwarfed by Germany's 83 percent and the Republic of Korea's 88 percent in 2023.
COSCO Shipping Specialized Carriers Co, a unit of State-owned China COSCO Shipping Corp, will add 52 vessels, including car carriers, multipurpose and heavy-lift vessels, into its fleet by the end of this year, a senior executive said on Thursday.
The first 200-kilogram batch of fresh coconuts imported from Indonesia arrived in Fuzhou, the capital city of east China's Fujian Province, on Saturday.
China is committed to safeguarding an open, inclusive, transparent and non-discriminatory multilateral trading system, said Commerce Minister Wang Wentao on Friday during a video call with Director-General of the World Trade Organization (WTO) Ngozi Okonjo-Iweala.
