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The Latest Breaking News from Wang Wentao

Japan trade minister holds brief talks with Chinese counterpart amid diplomatic row

Japan's Trade Minister Ryosei Akazawa confirmed a brief, undisclosed conversation with China's Commerce Minister Wang Wentao before a dinner at APEC meetings. This marks the most senior Japanese official's engagement in China since a diplomatic dispute arose over comments regarding Taiwan, which led to Chinese retaliatory measures including rare earth…

The Economic Times

China Vows Massive High-tech Sector Development In Next Decade

China will develop its high-tech sector on a massive scale in the next decade, top officials vowed Friday, a day after meetings on the country's future policy priorities concluded in Beijing.

International Business Times

Business Brief (Oct. 22): Gold Suffers Sharpest Intraday Drop in 12 Years

Trump says he will visit China early next year, U.S. and Australia sign critical minerals pact

Caixin Global

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European Commission calls for no escalation with China over rare earths

In a tense context for European companies, European Commissioner for Trade Maroš Šefčovič held a phone call on Tuesday with his Chinese counterpart Commerce Minister Wang Wentao over rare earth export restrictions.

Euronews

China Defends Russian Oil Purchases, Slams US 'Bullying'

China said Thursday that its purchases of Russian oil were "legitimate" and decried recent "unilateral bullying" measures by the United States as the trade row between the two countries continues to intensify.

International Business Times

China pledges to crack down on illicit exports of rare earths, urges US to lift more trade controls

China's Ministry of State Security says it is cracking down on alleged smuggling of rare earths materials that it says threaten national security

The Independent UK

S&P Futures Gain as Strong U.S. Economic Data and Earnings Boost Optimism

September S&P 500 E-Mini futures (ESU25) are trending up +0.19% this morning, extending yesterday’s gains as rising confidence in the strength of the U.S. economy and positive earnings reports bolstered investors’ risk appetite.

Barchart

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China Mulls Economy-boosting Measures To Counter 'Severe Situation'

China is prepared to take measures and has a "plentiful" toolbox to avoid an economic slump in the second half of the year, its commerce minister said Friday as he admitted it faced a "very severe and complex situation".

International Business Times

China considers lifting sanctions on UK parliamentarians as relations warm

Exclusive: Restrictions to be reviewed as embassy official says ‘UK-China relations are showing a positive momentum’

The Guardian - UK

US Exempts Tech Imports In Tariff Step Back

The Trump administration has announced a series of major exemptions to its punishing global tariffs -- an apparent step back in an escalating trade war with China.

International Business Times

China looks for allies as Trump targets Beijing — imposing 125% tariff

The White House has paused most of its 'reciprocal' levies for 90 days, although Trump has singled out China by raising its tariff rate to 125%.

Euronews

China, South Korea And Japan Agree To Strengthen Free Trade

China, South Korea and Japan agreed Sunday to strengthen free trade in the face of a raft of new tariffs imposed by US President Donald Trump.

International Business Times

China slams US tariffs, says its economy is resilient but there are no winners in a trade war

China's commerce minister says Beijing will not yield to bullying and its economy can weather tariffs and other challenges, though there are “no winners in a trade war."

The Independent UK

China Vows To Fight US Trade War 'To The End'

Beijing set an ambitious annual growth target of around five percent this week, vowing to make domestic demand its main economic driver as the escalating trade confrontation with the United States hit exports.

Latin Times

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Radio France Internationale

France says still 'open' to negotiation over China's brandy tariffs

France's foreign trade minister has said the window for negotiation with Beijing over tariffs on European brandy remains open but warned Paris could take "all possible measures" in response.

AAP

Trade boost spruiked as China inspects Australian meat

Trade Minister Don Farrell is launching the first phase of a winemaking agreement with China as he looks to boost trade by tens of billions of dollars.

International Business Times

China Says Raised 'Serious Concerns' With US Over Trade Curbs

The United States and China on Tuesday raised concerns about trade between the world's two biggest economies, with China's commerce minister urging Washington to lift sanctions on his country's firms "as soon as possible".

Radio France Internationale

EU, China hold 'constructive' talks on electric vehicle tariffs but still no agreement

EU Trade Commissioner Valdis Dombrovskis reported positive progress in discussions with Chinese Commerce Minister Wang Wentao on Thursday. The talks come as China aims to negotiate an agreement with the European Union to prevent the imposition of high tariffs on electric vehicles (EVs) exported to EU countries.

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The Independent UK

Chinese officials warn of risks from higher US tariffs, urge US business leaders to help mend ties

Chinese officials have warned a delegation of top U.S. executives visiting Beijing this week that higher tariffs on imports from China will harm their businesses inside the country

Fortune

China goes into panic mode over EU tariffs on electric cars, offers perks for German carmakers if they drop restrictions

China’s Commerce minister told German counterpart it was open to negotiating tariffs but wasn’t afraid to retaliate.

Fortune

Europe and China agree to talk about EV tariffs, a ‘first step’ to avoid a potential trade war between two of the world’s largest economies

The talks could help avoid a looming trade war between China and Europe which has already ensnared European brandy and pork.

The Independent UK

Australia anticipates China will lift final obstacle for exports as they ease past 2020 row

Australia's top trade official is predicting China will lift a ban on Australian lobster imports after Chinese Premier Li Qiang visits the country

The Guardian - UK

EU expected to impose import tariffs on Chinese electric vehicles

Experts believe Beijing will retaliate with measures that could hit European exports from cheese to cognac

InsideEVs

Chinese Electric Cars Are Clogging European Ports: Report

As China's EV overcapacity concerns increase, a logistical nightmare is unfolding in Europe.

InsideEVs

The U.S. Won’t Let China Flood Its Auto Market, Treasury Secretary Says

The treasury secretary told her Chinese counterparts that industrial overcapacity was a concern for U.S. automakers.

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