China

Key policies under consideration in Beijing this week signal the country is aiming to increase its control over companies and the economy rather than striving for market orientation, U.S.-China Business Council President Craig Allen said this week.

Next year’s targets are even bigger than this year’s targets, so it’s going to be even harder to catch up.

China has purchased more than 70 percent of the U.S. agricultural products it pledged to buy during the first year of its phase-one trade deal with the U.S., according to a new report from the Trump administration that relies on a new method of tracking purchases.

U.S. relations with China -- including the phase-one trade deal -- won’t change much regardless of who wins the White House in November, according to former Ambassador to China Max Baucus, though former Vice President Joe Biden, should he prevail, likely will shake up the “process” while rallying U.S. allies to confront Beijing in a more coordinated fashion.

“Effectively addressing the global steel crisis is in the interest of all economies, steel producers, and steel consumers worldwide, and requires the active engagement of all G20 economies.”

The U.S. should commence trade talks with Taiwan “as soon as possible,” a broad group of analysts and former government officials says in a new report published by the Center for Strategic and International Studies.

The WTO previous faulted China for improperly allocating its TRQs for rice, wheat and corn.

China’s Foreign Ministry on Tuesday disputed U.S. Export-Import Bank President Kimberly Reed’s claims that Beijing’s export financing practices undermine fair and free market competition.

Chinese President Xi Jinping on Saturday signed an export control law that will allow China to retaliate against export controls other countries impose on Beijing.