From large-scale military drills around Taiwan and Xi Jinping’s technology push to new AI regulations and escalating trade disputes: China.Table provides a news roundup of key developments during the days between Christmas and New Year.
By Redaktion Table
This Christmas, China is once again supplying the world with inexpensive consumer goods. At the same time, industrial competition with Germany and Europe is intensifying. Mechanical engineering and the automotive sector are under particular pressure.
By Leonardo Pape
China says it has issued initial general export licenses for rare earths. EU Trade Commissioner Maroš Šefčovič says licenses have also been granted to European companies.
By Leonardo Pape
Emmanuel Macron is once again floating the possibility of tougher competitive measures against China. Chinese observers, however, place the responsibility for the trade imbalance squarely on Europe itself.
By Leonardo Pape
The European Parliament has approved a stricter version of the safeguard clauses for the Mercosur agreement. The signing of the agreement on Saturday remains an ambitious but potentially achievable deadline.
By János Allenbach-Ammann
The Chinese lifestyle chain Miniso is rapidly expanding across Europe, using IP collaborations with well-known brands and a retail concept that capitalizes on vacant storefronts in city centers.
By Fabian Peltsch
The relatively low tariff rates are a relief for European producers. For product groups such as dairy or EU brandy, however, there has been no easing so far.
By Redaktion Table
The European Commission is receiving initial reports from industry that general licenses are being granted, said Maroš Šefčovič. The EU also intends to address its trade deficit with China.
By Redaktion Table
The Commission wants to sign a free trade agreement with Mercosur countries next Saturday. So far, there is no qualified majority in the Council and Parliament could still put a spanner in the works.
By János Allenbach-Ammann
The International Monetary Fund (IMF) recently criticized China's trade policy. EU Chamber President Jens Eskelund speaks of a 40% undervaluation of the national currency, the renminbi.
By Leonardo Pape
