04 Jul 2025
More recent developments
July 3, 2026
Beijing confirms tariff relief is coming for US agriculture
We finally have official confirmation that agriculture will be included in planned US-China tariff reductions. On July 2, Chinese commerce ministry (MofCom) spokesperson He Yadong said China and the US had "agreed in principle to include relevant agricultural products in… Read More »
July 3, 2026
Commerce minister signals openness to European trade rebalancing
China is serious about addressing its trade imbalance with Europe. That was the message Commerce Minister Wang Wentao relayed to his EU counterpart, Maroš Šefčovič, during his visit to Brussels on June 29. Per the SCMP: "[Wang] signaled…that China was… Read More »
July 2, 2026
Legislature seeks input on Government Procurement Law
China is committed to a fair and open government procurement process...at least in principle. On June 26, China's legislature opened a 30-day public comment period for the draft revision of the Government Procurement Law. Some context: The law sets the rules… Read More »