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China Responds to Criticism Over Industrial Overcapacity Amid Looming U.S. Tariffs

China Responds to Criticism Over Industrial Overcapacity Amid Looming U.S. Tariffs

China has pushed back against claims of overcapacity in its industrial sectors, as the U.S. prepares to release findings from a probe that could lead to new tariffs. The Chinese Ministry of Commerce released a report titled 'China’s Position on the So-called Excess Capacity Issue,' countering accusations from Western countries about China's industrial development posing threats to their economic dominance. The report argues that the notion of a 'China shock 2.0' is unfounded. This comes as the U.S. is expected to announce results from an investigation into 16 economies, including China, regarding excess capacity in manufacturing sectors. The U.S. has already imposed higher tariffs on 60 economies, citing failure to enforce bans on goods produced with forced labor.
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China Responds to Western Allegations of Overcapacity

China Responds to Western Allegations of Overcapacity

China has issued a comprehensive response to allegations from Western countries regarding overcapacity in its manufacturing sectors. The Chinese government released a position paper titled 'China’s Position on the So-called Excess Capacity Issue,' addressing concerns from the United States and the European Union. The paper argues that China's manufacturing competitiveness is due to its large domestic market and integrated supply chains, rather than unfair subsidies. The document also emphasizes the need for multilateral cooperation and fair competition, rejecting the notion that China's industrial policies are the primary cause of global trade imbalances.
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China's Economic Shocks: Implications for U.S. Manufacturing and Global Trade

China's Economic Shocks: Implications for U.S. Manufacturing and Global Trade

The concept of 'China Shock' has evolved, with significant impacts on global trade and U.S. manufacturing. Initially, China's integration into global supply chains led to a surge in exports, affecting U.S. industries. The 'China Shock 1.0' was characterized by import competition that contributed to a decline in U.S. manufacturing jobs. Researchers identified that a significant portion of job losses in certain sectors was due to this competition. The discourse around 'China Shock 2.0' suggests a shift, with Europe now being more affected by China's trade surpluses. This evolution reflects changes in China's industrial policy and global economic dynamics.
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Trump administration bans new Chinese humanoid robots, to protect US AI buildout

Trump administration bans new Chinese humanoid robots, to protect US AI buildout

By Alexandra Alper and David Shepardson WASHINGTON, July 28 (Reuters) - The Trump administration on Tuesday unveiled bans that target imports of new Chinese robots and power inverters, seeking to protect the U.S.
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Shein Files Draft Prospectus for Hong Kong IPO Amid Trade Challenges

Shein Files Draft Prospectus for Hong Kong IPO Amid Trade Challenges

Shein Files Draft Prospectus for Hong Kong IPO Amid Trade Challenges
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Macao’s first national security case raises concerns over fairness a year after arrest

Macao’s first national security case raises concerns over fairness a year after arrest

Since former Macao pro-democracy lawmaker Au Kam San was arrested under a national security law in July 2025, little about his case has been made known
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China-Europe Freight Train Services Achieve 130,000 Trips, $520 Billion in Cargo Over Decade

China-Europe Freight Train Services Achieve 130,000 Trips, $520 Billion in Cargo Over Decade

China-Europe freight train services have completed over 130,000 trips, transporting goods worth more than $520 billion in the past decade. This milestone was announced at a press conference in Beijing, highlighting the rail link's role as a buffer against global shipping volatility. The service has seen significant growth, with trips increasing from 1,702 in 2016 to 20,022 in 2025, reflecting an average annual growth rate of over 30%. The freight trains have become a crucial option for companies during disruptions in sea routes between Asia and Europe, offering faster delivery times and more reliable logistics solutions.
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Shein Faces Financial Losses Amid Trump Tariffs and Global Trade Challenges

Shein Faces Financial Losses Amid Trump Tariffs and Global Trade Challenges

Shein Faces Financial Losses Amid Trump Tariffs and Global Trade Challenges
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China opposes US 'forced labour' tariffs, calls for them to be cancelled

China opposes US 'forced labour' tariffs, calls for them to be cancelled

(Refiles story to fix missing word in headline) BEIJING, July 27 (Reuters) - China's commerce ministry said on Monday that new U.S. tariffs imposed on Chinese goods over alleged forced labour were unjustified and amounted to protectionism, and urged Washington to remove them. 
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China hits back at criticism over excess industrial capacity as more US tariffs loom

China hits back at criticism over excess industrial capacity as more US tariffs loom

China has rejected criticism that its huge trade surplus reflects excessive manufacturing capacity
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Trump may need to allow Chinese minerals as US industry struggles to meet 2027 deadline

Trump may need to allow Chinese minerals as US industry struggles to meet 2027 deadline

By Ernest Scheyder and Jarrett Renshaw July 27 (Reuters) - U.S. President Donald Trump's push to end Washington's reliance on Chinese critical minerals by January is colliding with a stark reality: American miners and processors aren't ready.
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Cross-Border Commerce Faces New Challenges After De Minimis Exemption Ends

Cross-Border Commerce Faces New Challenges After De Minimis Exemption Ends

The end of the de minimis exemption marks a significant shift in cross-border commerce, as parcels entering the European Union now owe customs duty regardless of value. This change, effective July 1, 2026, imposes a €3 charge per line item on shipments under €150, with the liability falling on brands and retailers. The U.S. has also ended the de minimis exemption for Chinese imports, with a complete expiration set for July 1, 2027. These changes increase costs and administrative burdens for businesses engaged in international trade, requiring them to adapt their operations and pricing strategies to maintain competitiveness.