Economic growth in China is expected to slow to 2% this year, before rebounding to 7.9% in 2021 as private investment and consumption heat up, a World Bank report released on Wednesday projected.
Despite the Trump administration's tariffs on Chinese goods and the ongoing COVID-19 pandemic, U.S. imports from China are surging as the year 2020 draws to a close, The New York Times reported.
U.S. Treasury Department designated Switzerland and Vietnam as currency manipulators for the first time, while keeping China on a watch list, in the Trump administration’s final foreign-exchange policy report.
Brazil’s health regulator Anvisa said China’s health authorities are not transparent in their authorization of COVID-19 vaccines for emergency use, a statement that may further inflame political tension in the country.
China is willing to provide a broader market and more development opportunities for Chile and other countries as it seeks reform and opening-up at a higher level, President Xi Jinping said on Tuesday in a phone conversation with his Chilean counterpart, Sebastian Piñera.
World Trade Organization negotiators have failed to reach a deal by a year-end deadline to cut the subsidies that have helped decimate the world’s fish stocks, but will try again next year, the chairman of the talks said on Monday.
China has temporarily suspended meat imports from two Brazilian companies, Brazil's agriculture ministry said late on Friday.
Conflicts with indigenous communities have stalled operations at Ecuador's San Carlos Panantza copper mining project, which the government of President Lenin Moreno had long pointed to as an example of mining sector expansion that would generate US$ 40 billion in export revenue over the next decade.
Two beef producers from Brazil and one from Argentina have had their exports to China suspended for one week after packaging of their products tested positive for traces of COVID-19, customs said. China's General Administration of Customs (GAC) made the announcement.
Brazil's meat producers increased output for world markets this year and will again boost production next year, even though they face continued challenges because of the COVID-19 pandemic, the country's meat lobby ABPA said.