Hong Kong’s Ming Pao Reports
At the 2025 Canton Fair, multiple Chinese exporters revealed that U.S. retail giants such as Walmart, Target, and The Home Depot have notified them to resume shipments of goods previously suspended due to high U.S. tariffs on China, with tariff costs to be borne by U.S. buyers. The U.S.-China tariff war had previously caused abrupt fractures in American retail supply chains, leaving companies reliant on Chinese suppliers, including Walmart and Target, in crisis. Approximately 40% of essential goods now face supply shortages, with seasonal categories like holiday decorations being the hardest hit. Chinese suppliers, grappling with profit margins compressed by over 40%, collectively halted shipments to the U.S.
Compliance Alert! Multiple countries have recently intensified fraud detection in Certificates of Origin (CO) and launched crackdowns on non-compliant transshipment trade activities.
In the next 5 to 10 years, intensified great - power competition and geo - political rivalry will heighten global uncertainty. Yet the Regional Comprehensive Economic Partnership (RCEP) and China's rapid development will inject valuable certainty into the world.
On March 13, Ministry of Commerce Vice Minister Yan Dong and Cambodian Minister of Commerce Pan Sorasak co - chaired the seventh session of the China - Cambodia Economic and Trade Cooperation Committee in Phnom Penh.
As the US officially launched a full - scale tariff war globally, contradictions emerged within the US government.
On the one hand, US Vice President J. D. Vance indicated externally that other sectors than the automotive one wouldn't gain US - Mexico tariff exemptions. But at the same time, the US Secretary of Agriculture stated that Trump was considering removing some tariffs on Canadian and Mexican agricultural products.
French President Emmanuel Macron said on the 22nd that France is still trying to form a "blocking minority" within the European Union to prevent the entry into force of the EU-Mercosur Free Trade Agreement.
In 2024, China's light industry experienced rapid production growth, with both domestic and foreign trade markets expanding steadily. The industrial structure continued to optimize and upgrade, effectively supporting the stable growth of the industrial economy.
2025 marks the 50th anniversary of the establishment of diplomatic relations between China and Thailand. China has been Thailand's largest trading partner for 12 consecutive years. Thailand is also China's third-largest trading partner among ASEAN countries, with a bilateral trade volume exceeding 100 billion USD. In 2024, the total trade value between China and Thailand reached 133.98 billion USD, a year-on-year increase of 6.1%.
On January 21st, according to reports from CNN and The Wall Street Journal, U.S. President Trump stated that he plans to impose a 25% tariff on goods imported from Canada and Mexico starting February 1st.
A few years ago, Korean battery companies once dominated the international battery installation rankings. However, with the intensifying global competition in the power battery market, the market share of Korean battery companies has dropped by nearly half over the past four years, while Chinese power battery companies have risen rapidly.vvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvv