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How Chinese Exports Beat Tariffs

More Tariffs on the Horizon There seems to be no end to the trade pendulum swinging hard toward protectionism in Brussels and Washington-- or to Chinese exports continuing to flood global markets. The Biden administration last month slapped tariffs on imports of electric vehicles, lithium-ion batteries and other high-tech goods from China. (They’ll mostly affect batteries.)  The…

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The Future of EU-China Trade

As European Union leaders gathered in Beijing Thursday, one of their demands for China was a more equal trading relationship. “China is the EU’s most important trading partner,” said EU Commission President Ursula von der Leyen. “But there are clear imbalances and differences that we must address.” Europe’s weak consumer economy is doing its part…

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Trade Data Points to Lower Inflation

For yet another month, China’s merchandise trade exports declined, falling 14.5% year-on-year in July to $281.8 billion. The drop was driven by a weaker economy and an ongoing realignment in global trade. Companies are seeking alternative manufacturing bases to China, to lower costs and temper political risk, and reducing their foreign direct investment that’s underpinned…

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