According to China's Foreign Ministry, on August 18 local time, Member of the Political Bureau of the CPC Central Committee and Foreign Minister Wang Yi held talks with Indian External Affairs Minister Subrahmanyam Jaishankar in New Delhi.
The two sides engaged in discussions on a wide range of topics, including bilateral relations, border issues, economic and trade cooperation, and people-to-people exchanges.
China's marine economy has seen steady expansion in recent years, making significant progress across multiple sectors, including marine fisheries, shipbuilding, cruise tourism, deep-sea mineral extraction and the development of deep-sea genetic resources.
As the United States keeps brandishing tariff threats at India and other nations, China’s better-than-expected export performance has drawn global attention. A surge of “front-loading” and “re-exporting” is seen as one of the key drivers behind July’s faster export growth.
China's commerce ministry announced Tuesday that it has continued to suspend or removed export-control measures on some U.S. entities from Tuesday, in line with the consensus reached during the high-level China-U.S. economic and trade meeting in Stockholm.
On August 4, U.S. Eastern Time, U.S. Customs and Border Protection (CBP) issued implementation guidance for President Trump’s revised reciprocal-tariff executive order. The new “reciprocal tariffs” take effect at 12:00 a.m. New York time on August 7. The guidance simultaneously exempts ten categories, including USMCA-covered products, Section 232 tariff items, and certain specified tariff lines.
SINGAPORE: Singapore's banks posted mixed second-quarter earnings on Thursday (Aug 7) with DBS maintaining its 2025 outlook and UOB resuming guidance but trimming expectations amid macroeconomic uncertainties.
Amid escalating global uncertainties fueled by rising unilateralism, protectionism and geopolitical tensions, China's commitment to stable policymaking and consistent long-term planning stands as a vital asset for the stability of the global economy.
U.S. President Donald Trump on Monday threatened to "substantially" raise tariffs on goods imported from India with the excuse that India bought and resold Russian oil.
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.