U.S. President Donald Trump on Wednesday signed a proclamation to address the effects of copper imports, imposing universal 50 percent tariffs on imports of semi-finished copper products and copper-intensive derivative products, effective on Aug. 1.
According to projections from the Observatory of Economic Complexity (OEC) tariff simulator, by 2027 global exports to the U.S. will fall more than 46 % below the average of the past three years—a drop of roughly US$2.68 trillion. Conversely, U.S. exports to the rest of the world are expected to rise 12 % above the same three-year average, an increase of about US$1.59 trillion.
On the morning of July 28, CK Hutchison announced that the exclusive negotiation period with the consortium regarding the Hutchison Port Group transaction—first disclosed on March 4—has expired. The company is continuing discussions with the consortium and intends to invite a major strategic investor from the Chinese mainland to join as a key member.
Held from July 8 to 11 in the Chinese capital Beijing, the congress drew over 2,000 participants from more than 60 countries, regions and international organizations. For many, the event offered firsthand insight into China's achievements and provided a potential roadmap for boosting global connectivity.
China’s June shipments of rare-earth magnets to the United States surged to more than seven times May’s level, signaling a robust rebound in the supply of critical minerals essential for electric vehicles and wind turbines following the new U.S.–China trade deal.
At a State Council Information Office press conference on July 23, Vice Chairman Wang Changlin of the National Development and Reform Commission stated that, with the approval of the CPC Central Committee, the customs closure of the Hainan Free Trade Port will officially commence on December 18, 2025.
On Tuesday, U.S. Eastern Time, President Donald Trump announced that the United States and Japan had reached a trade agreement. In a social-media post, Trump claimed the deal will cut the U.S. tariff rate on Japanese goods from the previously announced 25 % to 15 %.
China had more than 1.12 billion internet users as of June 2025, according to a report released by the China Internet Network Information Center (CNNIC) on Monday.
The policy comes into effect three months after China and Malaysia signed a mutual visa-free agreement, marking another step forward in China's efforts to ease travel and boost international exchanges.
Today (July 16), the National Immigration Administration held a press conference releasing its key statistics for the first half of 2025.During the first six months, immigration authorities nationwide inspected a total of 333 million inbound and outbound travelers, up 15.8 % year on year.