China solidified its position as Africa’s largest bilateral trading partner last year, as trade with the continent reached a record $282.1 billion, up 1.5% from 2022. But a 7.5% surge in Chinese exports, to $173 billion, was not matched by imports from Africa, which fell by 6.7% to $109 billion, widening Africa’s trade deficit with … Read more
In September, the US adopted a 100% tariff on all electric vehicles (EVs) imported from China, along with a 50% tariff on solar cells and a 25% tariff on steel, aluminum, EV batteries and key minerals. The raft of new duties took effect on September 27, and a long-debated 50% tariff on Chinese semiconductors is … Read more
BEIJING: As China’s National Day holiday wraps up, people have flocked to cities and attractions rich in cultural heritage. According to data from Trip.com, four out of the five most searched themes during this holiday are culture-related, highlighting a strong interest in “Traveling with Textbooks,” popular museums, music festivals and study tours. The concept of … Read more