China Hits Record $1.2T Trade Surplus
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China has launched an export control investigation into Meta's $2 billion acquisition of AI startup Manus, which relocated from Beijing to Singapore in 2025.
On Oct. 9, China’s Ministry of Commerce (“MOFCOM”) issued new export-control notices tightening restrictions on the export of rare-earth materials, magnet technologies, superhard materials (synthetic diamonds), and high-energy battery components.
China’s latest export controls affect not only raw materials, but also equipment, technology, and assemblies manufactured abroad using Chinese technology. On October 9, China’s Ministry of Commerce introduced two announcements strengthening export ...
LITTLETON, Colorado, Oct 9 (Reuters) - China's longstanding dominance of clean energy manufacturing is translating into a behemoth export business, with close to $1 trillion worth of batteries, solar components, electric vehicles and wind power systems ...
HONG KONG (AP) — China’s exports rebounded in November after an unexpected contraction the previous month, pushing its trade surplus past $1 trillion for the first time, according to data released Monday. Exports climbed 5.9% from a year earlier in ...
Current political and economic issues succinctly explained. On December 8, the Trump administration announced plans to loosen U.S. export controls on artificial intelligence (AI) chips to China by approving the sale of Nvidia H200 chips—the most powerful ...
China plans to implement a steel export licensing mechanism next year, a move that could curb outflow of the metal that has been the subject of trade spats across the globe. The country's commerce ministry and the General Administration of Customs said in ...
China has issued the first batch of fuel export quotas for the new year, at a total of 19 million tons, Reuters reported today, citing unnamed sources. The volumes were relatively unchanged on the first fuel export quota batch for this year. The quotas ...
The US government is initiating a formal licensing process that could allow Nvidia to ship its H200 AI chips to China, following President Trump's commitment to permit such sales. This move aims to retain US companies' edge over Chinese chipmakers,