BEIJING : China's trade surplus with the United States stood at US$42 billion in September, Reuters calculations based on Chinese customs data showed on Wednesday, up from US$37.68 billion in August.
For the first nine months of the year, the surplus was US$280 billion, up from US$237.99 billion during the first eight months of 2021. Last week, top trade officials from the United States and China reviewed the implementation of the U.S.-China Economic and Trade Agreement. The United States has been pressing China to hold its commitments under a 'Phase 1' trade deal which has eased a long running tariff war between the world's two largest economies.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
United States has lost AI battle to China, Pentagon's ex-software chief saysLONDON : The United States has already lost the artificial intelligence battle to China which is heading towards global dominance because of its advances in a emerging cyber capabilities, the Pentagon's former software chief told the Financial Times.Nicolas Chaillan, the Pentagon's first chief software of China is not interested to fight nor win anyone. China just want to do their best for a better World for all.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
China has ability to address Evergrande situation, still risks remain: IMFNEW YORK: China has the ability to address the issues linked to China Evergrande Group\u0027s indebtedness, although there is a risk of the property developer\u0027s pain escalating to cause broader financial stress, the International Monetary Fund (IMF) said in a report and comments released on Tuesday (Oct 12). Ev
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
China property association to examine difficulties faced by developers - reportBEIJING : A leading property association in China will hold a meeting with its members on Friday to assess the difficulties developers are facing across the country and any related risks, Yicai, a Chinese financial news outlet, reported on Tuesday. The meeting is for the China Real Estate Association (CRE
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
China to speed up desert wind, solar construction in northwest - XiKUNMING, China : China plans to speed up the construction of large-scale wind and solar power bases in its desert regions, President Xi Jinping said on Tuesday.Xi told the United Nations biodiversity forum in Kunming that construction on the first phase of the project commenced recently and would involve
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
ARK Invest's Wood warns upcoming economic downturn in China 'obvious'NEW YORK : An economic slowdown in China could ripple through the global economy and weigh on commodity prices and growth, star stock picker Cathie Wood of ARK Invest warned in a webinar on Tuesday. Wood, whose flagship US$19.7 billion Ark Innovation fund was the top-performing U.S. equity fund in 2020, s
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
China vehicle sales fall 20per cent in September - industry bodyBEIJING :China's auto sales slumped 19.6per cent in September from a year earlier, industry data showed on Tuesday, falling for a fifth consecutive month as a prolonged global shortage of semiconductors disrupts production.Sales in the world's biggest car market totalled 2.07 million vehicles in September, da
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »