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The Latest Breaking News from Ministry of Commerce

Beijing Fires Back at Trump with a Legal Injunction Protecting Hengli and Four 'Teapot' Refineries

China's Ministry of Commerce issued a legal injunction against US sanctions on five Chinese oil refineries, marking a significant response to Washington's efforts to cut off Iranian oil revenue.

International Business Times UK

China slams ‘Made in Europe’ push, mulls retaliation

Beijing released a statement on Monday attacking the EU’s strategy to supercharge local industry, arguing that the European preference creates investment barriers and discrimination – and that countermeasures could follow.

Euronews

Nexperia allowed to resume exports from China following Trump-Xi talks — companies may seek exemptions from the Ministry of Commerce to restart international deliveries

International automakers can now apply for licenses to resume chip deliveries from Nexperia China.

Tom’s Hardware

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China wants US semiconductor companies to submit sensitive data as part of probe — 'anti-dumping' investigation requests sales and profit data

China’s Trade Remedy and Investigation Bureau under the Ministry of Commerce has published new questionnaires for US semiconductor businesses designed to find any discrepancies in their international pricing as part of an anti-dumping investigation.

Tom’s Hardware

China tightens grip on rare earths export amid US trade tensions

Sweeping restrictions mark first expansion of Beijing’s jurisdiction over its materials used abroad

The Independent UK

China Warns Mexico Over 50% Planned Tariffs On Asian-Made Cars: 'Think Twice'

China’s Ministry of Commerce warned Mexico Thursday to “think twice” before implementing planned 50% tariffs on Asian-made vehicles, threatening countermeasures that could disrupt $52 billion worth of bilateral trade relations.

Benzinga

Why China’s rare earth exports are a key issue in trade tensions with US

Beijing has a virtual monopoly on supply of the critical minerals used to make everything from cars to wind turbines.

Al Jazeera

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Walmart's Push For Supplier Discounts Draws Scrutiny From China Amid Trade War

China's state-run broadcaster CCTV reported that officials from the country's Ministry of Commerce recently met with executives from the U.S. retail giant to discuss reports that Walmart requested price reductions from Chinese suppliers to counteract the effects of the Trump administration's tariffs.

International Business Times

China investigates whether CHIPS and Science Act harms its chip companies

The Chinese Ministry of Commerce alleges that U.S. subsidies to semiconductor industry harm government-funded Chinese chipmakers.

Tom’s Hardware

Preserving local culture

Created by Rush Pleansuk, the mythology of the goddess Mekhala being chased by the thunder deity Ramasura is depicted through nang yai, or a grand shadow play, at the art exhibition "Ramasura". Rush is best known as the winner of the 2019 Designer of the Year award from the Department…

Bangkok Post

Editorial: How to Reverse the Decline in Foreign Investment in China

Holding to the principles of reform could help break a deadlock in a landmark EU investment pact that is vital to reversing the recent decline in FDI

Caixin Global

PM orders investigation into Samanea Plaza

Prime Minister Prayut Chan-o-cha has ordered an investigation into the legality of Samanea Plaza Thailand, a new wholesale and retail trade and goods distribution centre in Bangkok's Bang Na district, after reports claimed that it is fully owned by Chinese investors.

Bangkok Post

China ‘Is Open’ to a Visit by U.S. Commerce Secretary

Ministry of Commerce cites importance of dialogue in response to comment by Gina Raimondo in an interview

Caixin Global

SET moves lower despite upbeat Asian trend

RECAP: Asian shares rose yesterday on prospects for a steady economic recovery in China, and after Wall Street reversed losses following remarks by a Fed official that signalled a measured approach to raising US interest rates.

Bangkok Post

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Bangkok Post

2022 rice exports beat target

Thailand exported 7.69 million tonnes of rice in 2022, up 22.1% from a year earlier, the Ministry of Commerce said on Tuesday.

Bangkok Post

SET gains as Asian bourses enjoy upbeat week

RECAP: Asian stocks rose on Friday and were poised for their fifth straight week of gains as China's reopening and data highlighting a resilient US economy boosted investor sentiment.

Bangkok Post

Exports fall again in December

The dollar value of the country’s exports contracted for a third successive month in December, by a bigger than expected 14.6% from a year earlier as global growth slowed, Ministry of Commerce data showed on Tuesday.

Asharq Al-Awsat

New Corporate Law to Stimulate Saudi Commercial, Investment System

Starting Thursday, companies operating in Saudi Arabia entered a new phase after the Kingdom enforcing a new corporate law within its framework of completing the modernization and reform of commercial and investment legislation and systems. The new legislation regulates investment and trade in the Kingdom and is based on clear…

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The Independent UK

EU takes China to WTO over Lithuania trade dispute

The European Union has announced that it's begun legal action at the World Trade Organization against China over what it says are import restrictions Beijing has imposed on Lithuania

Asharq Al-Awsat

Saudi Arabia Penalizes 24 Promoters for Violating E-Advertisement Rules

Saudi Ministry of Commerce has arrested 24 advertisers for violating e-advertising controls stipulated in the e-commerce law and its executive regulations for social media platforms. The promoters committed four violations on Snapchat, Twitter, Instagram, and TikTok, including deceiving and misleading consumers, false allegations, promoting unlicensed activity, and failure to disclose…

Asharq Al-Awsat

Saudi Arabia Unveils 10 Initiatives to Develop Online Stores

The Saudi Ministry of Commerce announced on Wednesday 10 initiatives to develop the sector of electronic stores, based on the results of a survey that measured consumer satisfaction with the performance of e-commerce in the Kingdom. The study, which surveyed more than 6,000 people, highlighted four main challenges facing consumers,…

Bangkok Post

Govt tackles copyright qualms as part of charm offensive

The amendment to the copyright law on Tuesday is aimed at boosting the country’s digital content industry, according to the Ministry of Commerce.

The Hindu

Coffee land expects new law to usher in holistic changes

Coffee (Promotion and Development) Bill is expected to be tabled in the ongoing session of Parliament

Bangkok Post

Japan export boost eyed

Thailand aims to send more agricultural exports to Japan to further shore up its bilateral trade balance of 130 billion baht, government spokesman Thanakorn Wangboonkongchana said on Friday.

Asharq Al-Awsat

Saudi Crown Prince Calls for Catering to Neediest Citizens amid Rising Costs

Saudi Crown Prince Mohammed bin Salman, Deputy Prime Minister and Chairman of the Council of Economic and Development Affairs, chaired on Monday a meeting of the council's meeting at the Al-Salam Palace in Jeddah, reported the Saudi Press Agency. The council reviewed a number of economic and development issues, including…

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