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German industrial orders rose by more than forecast in June, official data showed on Tuesday, providing a glimmer of hope for Europe’s largest economy, where recession is back on the cards following a contraction in the second quarter.     Industrial orders increased by 3.9% in June on the previous month on a seasonally and […]

China’s foreign trade volume reached a new high in the first half of this year, showing strong resilience and a steady upward momentum despite the challenging external environment.   China’s strong manufacturing capabilities, along with its burgeoning consumer market, technological advancements and favourable trade policies, have been providing its trade partners with vast opportunities and […]

 China and Europe held several rounds of technical talks over tariffs on Chinese electric cars that the European Commission is set to confirm on Thursday, China’s commerce ministry said at a regular news conference.   “To date, a number of consultations have been held at the technical level between China and the European Union,” He […]

Indonesia will impose safeguard duties of 100% to 200% on imports ranging from footwear to ceramics, reviving a plan to protect domestic industries, the trade minister said.     The planned import duties average more than 100%, Trade Minister Zulkifli Hasan told reporters on Friday. “If we are flooded with (imported goods), our micro, small […]

A wide swath of pro-trade American business groups has asked the Biden administration for another month to comment on plans to impose steeper tariffs on Chinese imports of electric vehicles, batteries, solar products and other goods, effectively delaying the Aug. 1 start date for many of the duties.   The group of 173 trade associations […]

Volvo cars has started to shift production of Chinese-made electric vehicles to Belgium in the expectation that the European Union will drive ahead with a crackdown on Beijing-subsidised imports, the Times reported on Saturday.     Volvo, which is majority-owned by China’s Geely, was considering halting sales of Chinese-built EVs bound for Europe if tariffs […]