China Trade Surplus Likely to Narrow for Fourth Month

China’s trade surplus probablyfell for a fourth straight month,increasing the likelihood of moregovernment measures to sustainthe economy’s expansion ratherthan stamp out inflation.

China’s alfalfa market and imports: Development, trends, and potential impacts of the U.S.-China trade dispute and retaliations

This study examines the development and trends of China’s alfalfa market and imports, identifies key factors for the rapid increase in China’s alfalfa imports, and discusses potential impacts of the U.S.-China trade dispute and retaliations on the alfalfa markets and trade in both nations. China’s rapid transition toward larger-scale commercial dairy production, with enhanced feed and cost management as well as quality and safety control, and its limited resources for high-quality alfalfa production are key factors for the dramatic increase in its alfalfa imports, from 19 601 metric tons in 2008 to 1.38 million metric tons(mmt) in 2018. While the United States dominated China’s alfalfa imports with an average share of 97.01% from 2007 to 2017, the share dropped to 83.76% in 2018 and 63.28% in January 2019 due to the trade dispute and retaliations started in 2018. China will likely remain a large importer of alfalfa because of both its growing demand and the comparative advantages of imported alfalfa in quality and price, but the imports from the United States will be highly affected by the ongoing trade dispute and negotiations. China is also expected to make more efforts to reduce its dependence on U.S. alfalfa through increased investment in domestic alfalfa production and identification of alternative sources of alfalfa and other hay imports.

A Comprehensive Bibliometric Analysis of China’s Free Trade Zones:Status and Evolutionary Trends

The China free trade zone,crucial for advancing a new open economy,has gained significant attention lately.We analyzed 885 papers from Peking University Core and CSSCI journals(2012-2023)using CiteSpace for visualization.Our research results indicate that the literature on China’s free trade zone peaked with 171 articles in 2015,and gradually returned to an average of 45 articles per year.The main research focuses in this field include“institutional innovation”,“negative list”,“financial innovation”,“financial openness”,“opening up to the outside world”,and“economic growth”.In addition,cutting-edge analysis indicates that“dual circulation”and“blockchain”are future research trends.The main authors of the literature include Yang Bin,Zhu Xiaolin,Yuan Bo,Li Meng,Zhao Liang,and others.Their affiliated institutions,research institutes,and universities have not yet formed a clear core circle of authors;The top three research institutions with the highest number of publications are the International Trade and Economic Cooperation Research Institute of the Ministry of Commerce,Kaiyuan Law School of Shanghai Jiao Tong University,and the Comprehensive Research Institute of the Free Trade Zone of Sun Yatsen University.This article delves into the current hot topics and progress in the research of China’s free trade zones,providing important references and inspirations for future scholars in this field.

Status, Transition, and Impact of the Yoon Suk-yeol Administration’s Trade Policy with China

China is Korea’s main trade partner in East Asia and one of its key economic and trade partners worldwide.The two countries have complementary industrial structure and a long history of trade exchanges.However,against the backdrop of a return to global trade protectionism and the politicization of international affairs with Yoon Suk-yeol coming to power,South Korea has undertaken a strong trade shift toward the United States(US),triggering a change in the pattern of economic cooperation in East Asia and challenging the regional trade structure.A review of the trade policy agenda of the Yoon Suk-yeol administration toward the US and China,along with a comparative review of Korea’s foreign trade stance under Moon Jae-in,allows for an analysis of the turnaround and characteristics of Yoon’s trade policy toward China during his tenure.The implications for global trade governance and regional security are further analyzed with an aim of finding a Nash equilibrium in trade cooperation among East Asian countries.

Moderating effect of corporate financialization on the impact of climate policy on corporate green innovation:Evidence from China

With intensifying global climate change,humanity is confronted with unparalleled environmental challenges and risks.This study employs the staggered difference-in-difference model to examine the relationship between climate policy and green innovation in the corporate financialization context.Using Chinese-listed company data from 2008 to 2020,our analysis reveals a favorable correlation between China’s carbon emission trading policy(CCTP)and advancements in green innovation.Furthermore,we find that the level of corporate financialization moderates this correlation,diminishing the driving effect of CCTP on green innovation.Additionally,results of heterogeneity analysis show that this moderating consequence is more evident in non-state owned and low-digitization enterprises compared with state-owned and high-digitization ones.Our findings contribute to the existing literature by clarifying the interaction between CCTP,green innovation,and corporate financialization.Our research provides valuable insights for policymakers and stakeholders seeking to strengthen climate policies and encourages green innovation in different types of businesses.

The US–China trade war,the American public opinions and its effects on China

Donald Trump’s trade war with China does not make economic sense,but he does not face much domestic opposition to this trade war.Moreover,it is a part of a broader strategy of the nationalistic Americans’attempt to suppress the rise of China.Would China give in to the requests of the US under the threat of the escalation of the trade war?In what way?My conjecture is that China is willing to compromise up to a point.What China is likely to do is to promise to buy more goods and services from the US,allow greater market access for American firms,reduce Chinese subsidies to its industries,reduce forced technology transfers by American firms,strengthen enforcement of intellectual property rights protection and make verification all these commitments more transparent.Although the US might stop escalating the trade war,it is likely that the tariffs already imposed on Chinese goods would not be removed soon.In response to that,China also would not remove most of those tariffs already imposed on imports from the US,in keeping with the spirit of the tit-for-tat policy.It is possible that a temporary ceasefire is agreed,but the trade war can last for a long time.The final assembly stage of many industries might leave China,but not necessarily the whole production process.Hong Kong can be a victim of the trade war if it escalates.

Protecting Your IPR at China Trade Fairs and Exhibitions

Around 4,000 trade fairs take place on the Chinese mainland every year with Shanghai,Beijing and Guangzhou beingthe most important locations,followed by Dalian,Shenzhen and Zhuhai.One of the main concerns many foreign investors

Go West——The Western China International Trade Fair for Textiles and Clothing will launch from 16^(th) to 19^(th) October, 2009.

Sichuan, one of the most prosperous provinces in Western China, possesses an enormous potential of textile industry development. Currently, the western region is becoming a big mart and new manufacturing base in China textile industry for the reason of the abundant material resources,

Urgency Required in Changing the Growth Mode of China's Foreign Trade

Presently China mainly relies on the low cost of production factors and introducing advanced foreign technology to create an international competitive edge.Thepresent foreign trade growth mode,which is charaterized of quantitative expansion,labor-intensive and low prices,low e ciency,unsustained,is facing lots ofdifficulties.The problems such as the worsening terms of trade,the huge trade surplus,too much dependence on foreign trade,the rising prices of production factors,difficulties in the introduction of high technology,excessive consumption of resources,environmental pressures exacerbated the situations.Therefore,China mustadopt effective measures into a sustained and high efficiency foreign trade growth mode,which is supposed to be described as optimization of export commoditystructure,market diversification,mainly relying on independent innovation and independent brands,promoting trade with science and technology,rationaliztion ofindustrial structure,focusing on high added value.

CHINA'S FOREIGN TRADE PROSPECT IN 2002

China’s foreign trade volume hit US$509.77 billion in 2001, the figure represented 7.5% increase over the previous year. Of the total, exports topped US$266.16 billion, 6.8% up over the previous year, imports reached US$243.61 billion, up 8.2%, and accumulated trade surplus climbed to US$22.55 billion. The results were fairly outstanding if we take a general look at the world economy, which experienced significant slowdown in 2001 mainly due to the serious downturns in the United States and Japan. The increase can be attributed to a number of factors including the rise

China-U.S. Trade Balance from the National Income Perspective

This paper calculates the China-U.S. trade balance from the national income perspective based on an input-output model that differentiates domestic and foreign-invested companies. The result shows that due to different degrees of dependence of both countries on foreign production factors such as foreign capital for the manufacturing of export goods,only 87.7% of the domestic value-added created by China's exports to the U.S. in 2012 was China's national income, whereas 96.2% of value-added in U.S. exports to China was U.S.national income. In the comparison of total export volume and export value-added, the home country's national income created by exports can more realistically reflect a country's gains from trade. In 2012, China's trade surplus with the U.S. stood at 102.8 billion US dollars in national income terms, which is 61% and 22% smaller than the results in gross and value-added terms, respectively. The implication is that the traditional trade balance accounting method seriously exaggerates the China-U.S. trade imbalance.

China-US Trade Relations:Win-Win Picture Distorted

At present China-U.S.trade relations are in a state of confusion.Although both countries have gained tremendous benefits from the bilateral trade relationship,some Americans have intentionally distorted some basic facts regarding China-U.S.trade relations. Based on an analysis of some official and nonofficial research reports published in the United States,this article holds that the China-U.S.trade imbalance is the symptom of a bigger issue stemming from the contradiction between the United States as the world's sole superpower and China as an emerging power.Economic globalisation came about due to the needs of western developed countries represented by the United States to boost economic development.Only by seizing the opportunities of economic globalisation, has China gained strong economic growth. Such a development is changing the world political,economic,military and cultural landscape that have been shaped since the post-cold-war era,and has to some extent raised doubt or suspicion on the part of the United States and its western allies.This is a manifestation of how unprepared some people in the United States and other western countries are in the face of China's rapid development and rising status.So,their immediate reaction has been to seek protection for themselves,and try their utmost to prevent China's rapid growth from impacting on the international framework and their vested interests.

On the Eve of the Enforcement of the Arbitration Law——An interview with Xu Dayou, vice-chairman of China Council for the Promotion of International Trade and of the China International Economic and Trade Arbitration Commission

The Arbitration Law of the People’s Republic of China will go into effect on September 1, 1995, which has become the focus of world attention. This is an important law promulgated by China for handling economic disputes. All the parties concerned are making intense preparations for the successful enforcement of the Law. As the first nongovernmental organisation engaged in arbitration affairs, the China Council

On China's Foreign Trade Development and Linkage with the Customary Rules of International Trade

Although great differences exist between the trade systems of different countries,internationaltrade must go on in line with the customary international trade rules.As China’s economy developsand the socialist market economic system emerges,China is basically qualified to link up withcustomary international trade rules.In the Ninth Five-Year Plan period,China’s reform of its foreigntrade system aims at setting up a trade system that conforms with international trade practice.Forthe purpose,the author of this article suggests that a neutral trade policy should be adopted inaccordance with the international practice since it does not hinder exports,nor restrict imports toan excessive degree.

Trade Barriers and Countermeasures for Export of China's Agricultural Products

At present,export of China's agricultural products is faced with many trade barriers,especially technological barriers.Trade barriers include(1)technological barriers(such as quarantine and inspection barrier,identity certification/authentication barrier and labeling rules barrier);(2)trade remedy barrier;(3)other non-tariff barriers(NTB).Through positioning and analysis of trade barriers of China's agricultural products,it is known that technological barriers should not be deemed unreasonable totally.Some barriers also have certain positive significance.To respond to trade barriers,it comes up with countermeasures and recommendations from the perspective of agricultural producers and government.Agricultural producers should actively improve product quality,abide by requirement of importers,and treat quarantine and inspection in a rational manner;government should supply information and issue early warning,assist domestic producers in responding to lawsuits,and take advantage of WTO platform to solve trade disputes.

AQSIQ Publishes China Annual Report on Technical Barriers to Trade (2007)

On September 11, 2007, Qi Xiufen, Director of the International Department of the General Administration of Quality Supervision, Inspection and Quarantine of China (AQSIQ), published the China Annual Report on Technical Barriers to Trade.Wang Nini, Director of the Standard, Law and Regulation Center of AQSIQ, gave a detailed explanation of the contents of the report.……

China's Overseas Economic and Trade Cooperation Zones Are Being Upgraded

In recent years, Chinas foreign investment and cooperation have grown rapidly, making contributions to ,both the host country and the world economy. In the year of 2016, China＇s FDI reached USD 196.15 billion,

China's Trade Data Shows Positive Signs

China＇s foreign trade operation situation According to the statistics collected by Customs, in January-October 2017, China＇s total import and export value reached RMB 22.52 trillion, with an increase of 15.9% year on year.

China Food Trade Promotes the Development of SIAL China

According to SIAL CHINA, the 13th China International Food and Beverages Exhibition (SIAL China 2012) will be held in Shanghai New International Expo Center On May 9, 2012. It is hosted together by COMEXPOSIUM and China Business

China Accelerates Free Trade Zone Establishment

The Opinions on Acceleration of Implementation of Free Trade Zone Strategy,which was issued by the State Council in the end of 2015,clearly proposed the establishment of high standard global FTA(free trade zone)network that is based on surrounding countries regions and covers the'Belt and Road'region.As of now,China has signed 14 FTA agreements with 22 countries and regions,including ASEAN(Association of Southeast