Over the past few days, the re-introduction of an export-licence regime for steel has set the industry abuzz. The measure itself is not new: licences for steel imports and exports date back to 1950, making them 75 years old. During that time they have been switched on and off repeatedly, usually in response to shifting political or trade pressures.

With full-island customs closure imminent, the Hainan Free Trade Port—China’s signature move to widen high-standard opening-up—is drawing intense global business attention. In recent weeks, international trade bodies, banks and multinationals have weighed in on the opportunities the seal-off will create.

On December 16, the onshore RMB to USD exchange rate surged to 7.0417 during trading, marking its strongest level since September 30 last year. Both the onshore and offshore RMB exchange rates against the USD broke through the 7.05 threshold. Experts suggest that the RMB may soon surpass the 7.0 level in the short term.

Powered by the AI-investment boom and ultra-loose monetary policy, 2025 is ending with a rare, synchronized surge in global equities that has propelled multiple indices, including those in the United States, to all-time highs.

Congress approves! Mexico slaps duties on 1,400+ items—up to 50% In a two-hour session on 10 December 2025 Mexico’s Chamber of Deputies overwhelmingly approved President Claudia Sheinbaum’s tariff bill, first tabled in September. The Senate followed hours later (76-5-35) and sent the text to the executive. Publication is expected by 15 December; the new rates bite on 1 January 2026.

According to customs statistics, in the first eleven months of 2025 China’s merchandise trade totaled RMB 41.21 trillion, up 3.6 % year-on-year. Exports rose 6.2 % to RMB 24.46 trillion, while imports edged up 0.2 % to RMB 16.75 trillion. In November alone, trade accelerated to RMB 3.9 trillion (+4.1 %): exports grew 5.7 % to RMB 2.35 trillion and imports 1.7 % to RMB 1.55 trillion.

The Ministry of Industry and Trade promulgates Circulars and Consolidated Documents in the field of trade remedies

According to the General Administration of Customs, in the first eleven months of 2025 China’s merchandise trade totaled RMB 41.21 trillion, up 3.6 % year-on-year. Exports rose 6.2 % to RMB 24.46 trillion, while imports edged up 0.2 % to RMB 16.75 trillion. In November alone, trade accelerated to RMB 3.9 trillion (+4.1 %): exports grew 5.7 % to RMB 2.35 trillion and imports 1.7 % to RMB 1.55 trillion.

At 02:19 on 4 December (China time), China Eastern flight MU745 lifted off from Shanghai Pudong International Airport carrying 282 passengers. After a technical stop in Auckland, the Boeing 777-300ER will continue to Buenos Aires, Argentina—covering roughly 20,000 km and rewriting the record for the longest single-sector flight.

MOFCOM announces the consensus reached at the China-U.S. Kuala Lumpur economic and trade consultations: cancel the 10% tariff and suspend the 24% tariff!