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China’s unexpectedly poor export performance as revealed on Tuesday is still largely down to wider economic headwinds. But underlying trade and investment trends point to an unmistakable long-term drift in commercial ties with the West.
China joined international diplomatic talks in Saudi Arabia on August 6 for a two-day summit with officials from 40 countries designed to find a framework for peace in Ukraine. But does it signal a new tack for Beijing?
China's participation in Ukraine peace talks showcases its broader ambition to cement its role as a superpower leader in the Global South, even as it maintains ties with Moscow.
China's unexpectedly poor export performance as revealed on Tuesday is still largely down to wider economic headwinds. But underlying trade and investment trends point to an unmistakable long-term...
China's unexpectedly poor export performance as revealed on Tuesday is still largely down to wider economic headwinds. Official data showed a 14.5% drop in July exports amid weak consumer demand in the world markets served by China - the fastest decline since the pandemic hit in 2020. For now, such cyclical factors outweigh any impact of calls by Western governments for companies to "de-risk" supply chains as a new era of distrust prompts the United States and Europe to cut trade reliance in strategic sectors with China.