China, Canada
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20hon MSN
Survey says slowing economy is the No. 1 worry for US businesses in China, not trade friction
A survey by the American Chamber of Commerce in China has found that U.S. businesses are more concerned about the country's slowing economy than trade friction.
From aircraft orders in France to reopened beef and pork markets for Ireland and Spain, mainland officials are leaning hard into diplomacy.
China on Monday appointed Jiang Chenghua as Deputy Representative for International Trade Negotiations, a veteran negotiator with experience in export controls and in managing the country's investment ties with the U.
Tensions escalated in December last year when Beijing announced provisional punitive duties on European dairy products, a move widely seen as retaliation for EU tariffs imposed in 2024 on Chinese-made electric vehicles. China has also expressed displeasure over attempts by Germany’s Volkswagen to seek exemptions from the EV duties.
The move comes as Carney and Chinese President Xi Jinping chart a new era in Canada-China relations and diversify trade ties in response to U.S. President Donald Trump. “In terms of the way that our relationship has progressed in recent months,
When U.S. Treasury Secretary Scott Bessent described China's lead trade negotiator Li Chenggang as "unhinged" for breaching diplomatic niceties shortly before a critical summit in October, he painted a picture of an erratic junior bureaucrat who had "gone rogue.
We start today in Beijing where Canadian Prime Minister Mark Carney met his Chinese counterpart Xi Jinping earlier today as they seek to restore strained ties against the backdrop of US disruption to the world order.