China does not pursue a trade surplus, willing to balance trade, vice premier says
China does not pursue a trade surplus and is willing to import more competitive and high-quality products and services to balance trade, Ding Xuexiang, the country's vice premier, said on Tuesday. Addressing the 55th annual World Economic Forum meeting in Davos,
China Is Not Seeking a Trade Surplus, Vice Premier Says
DAVOS, Switzerland (Reuters) - China is not seeking a trade surplus and is willing to import more competitive and high-quality products and services to balance trade, Ding Xuexiang, the country's vice premier, said on Tuesday.
China’s $1 Trillion Trade Surplus: What to Know as Trump Takes Office
Only a third of China’s trade surplus was with the United States, and only a third of the U.S. deficit was with China. That makes for tricky math for the president-elect.
China's Open Market Strategy: Embracing Global Trade Balance
China is not aiming for a trade surplus and wants to import more high-quality goods to balance international trade, according to Vice Premier Ding Xuexiang. At the World Economic Forum, Ding emphasized that global trade benefits everyone and criticized protectionism,
China’s record trade surplus: could this spark a trade war with the US?
China’s trade surplus hit almost a trillion dollars in 2024, driven by record exports of $3.6 trillion, according to official data. The surplus, which is equivalent to 992.2 billion in US dollars, has sparked concerns about a new wave of global trade tensions,
'No Winners In A Trade War': Chinese Vice Premier Tells Davos
A top Chinese official warned Tuesday that no country would emerge victorious from a trade war, in a speech to the Davos forum as Donald Trump returned to the White House.
China not pursuing trade surplus, protectionism 'leads nowhere', Ding tells Davos
Chinese Vice-Premier Ding Xuexiang will deliver a speech at the World Economic Forum in Davos, Switzerland on Tuesday, making him the first senior leader from China to address global concerns about the country's economic prospects and foreign policy priorities since Donald Trump kicked off his second term as US president.
Trump 2.0 is going well for China so far. But can the honeymoon last?
Donald Trump’s second term in office is getting off to a good start for China.
US President Donald Trump says he is discussing 10% tariff on China on February 1
US President Donald Trump said on Tuesday that his administration is discussing imposing a 10% tariff on goods imported from ...
Bessent: Fair Trade Has To Balance Free Trade, China Has The Most Unbalanced Economy In History
Donald Trump's nominee for Treasury Secretary Scott Bessent said that fair trade is more important than free trade during a Senate confirmation hearing Wednesday, saying that SCOTT BESSENT: After our ...
Investing11d
China trade balance grows more than expected in Dec as exports soar
Investing.com-- China’s trade balance grew more than expected in December, aided by stronger-than-expected exports as local companies braced for U.S. trade tariffs under President-elect Donald ...
FXStreet11d
China’s Trade Balance: Surplus widens in December as Exports jump
China's Trade Balance for December, in Chinese Yuan (CNY) terms, came in at CNY752.91 billion, expanding from the previous figure of CNY692.8 billion. Exports climbed by 10.9% YoY in December vs ...
Intellinews on MSN3d
China, US strive for balance as vice president Han Zheng meets key figures in Washington
By bno - Taipei Bureau As tensions between the United States and China continue to simmer over trade and technology, Chinese Vice President Han Zheng’s visit to Washington has sparked significant ...