The economic battle between the US and China has entered a new round – in response to new US tariffs, Beijing has set its sights on American agriculture. The US tariffs are set to come into force today, Tuesday. They will be 20 percent and affect all Chinese imports. Meanwhile, China is preparing a harsh […]
Li Zhen has been appointed Deputy Head of the State-owned Assets Supervision and Administration Commission of the State Council (SASAC). The special commission reports directly to the State Council and oversees the modernization and restructuring of large state-owned enterprises.Li Gao has been appointed Vice Minister of Ecology and Environment. He replaces Zhao Yingmin.Jiang Wensheng was […]
Spring is not yet in sight in Qingzhou in Shandong province. Thick flakes drift through the historic center of the city. Several tourists gathered there over the weekend to celebrate the Longtaitou 龙抬头 festival. Longtaitou is the celebration when the rain-bringing dragon awakens from its winter slumber. Traditionally a good day to celebrate the start […]
EU Trade Commissioner Maroš Šefčovič plans to travel to China at the end of March. The EU Directorate-General for Trade confirmed the plans to Table.Briefings on Thursday. South China Morning Post first reported on the travel plans.It would be Šefčovič’s first trip to China in his role as Trade Commissioner. Šefčovič already paid his first […]
US President Donald Trump has announced that tariffs on Chinese goods will be raised by another ten percent. These are set to come into force next Tuesday, as are the planned tariffs on goods from Canada and Mexico. A White House official confirmed to the US television channel CNBC on Thursday morning that the tariffs […]
Insiders claim that the US company Starbucks is looking for a partner in China. Reuters reported, citing insiders, that investment companies such as KKR, Japan’s PAG and Hong Kong-based Fountainvest are interested in acquiring a stake in Starbucks China. The US coffee chain looks to revive flagging sales in its second-largest market.Chinese companies, including state-owned […]
Taiwan has detained a freighter after it severed an undersea cable. The Togo-registered vessel Hong Tai 58 was in the vicinity of the cable when it was cut, Taiwan’s coast guard said on Tuesday. “All eight crew members are Chinese nationals and (we) do not rule out the possibility of the Chinese activity of gray-zone […]
The EU Commission plans to significantly water down the European Union’s Supply Chain Directive (CSDDD) – and thus is on a confrontational course with parts of the European Parliament. For example, due diligence obligations are to be limited to direct business relationships, and the companies concerned will only have to monitor their suppliers for human […]
The European Carbon Border Adjustment Mechanism (CBAM) levies are to be postponed to February 2027 instead of early 2026 as originally planned. This is stated in the EU Commission’s draft revision of the CBAM, which is available to Table.Briefings and will be presented on Wednesday (February 26). CBAM could cause problems, particularly in trade with […]
Food safety: China will take measures to boost agricultural productivity to safeguard what the leadership often mentions as “food security,” according to a document on the development of agriculture and rural areas issued jointly by the CCP Central Committee and the State Council published as the leading piece on the People’s Daily’s Page 1 on […]