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Ministry of Commerce

Uzbek PM visits Afghanistan in highest-level visit since Taliban seized power

by Walter Watson
Uzbek PM visits Afghanistan in highest-level visit since Taliban seized power

Uzbek Prime Minister Abdulla Aripov arrived in Afghanistan on Saturday in the highest-level visit by a foreign official since the Taliban returned to power three years ago. Aripov, heading a …

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Shanghai expects record turnout at world’s biggest import trade fair later this year

by Anas Siddiqui
Shanghai expects record turnout at world’s biggest import trade fair later this year

The countdown to CIIE, the world’s biggest import trade fair, has begun as Shanghai gets ready to play host to thousands of exhibitors and guests from more than 50 countries …

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China contemplates ‘countermeasures’ after US takes steps to curb outbound tech, AI investment

by Walter Watson
China contemplates ‘countermeasures’ after US takes steps to curb outbound tech, AI investment

China’s Ministry of Commerce had harsh words for the United States on Monday after the latter country announced it would proceed with curbs against hi-tech investments destined for the East …

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ByteDance rejects US report about its purported plan since 2022 to divest TikTok’s operations in America

by Anas Siddiqui
ByteDance rejects US report about its purported plan since 2022 to divest TikTok’s operations in America

TikTok owner ByteDance has again denied that it considered divesting the US operations of its popular short video platform, in response to a report by The Washington Post on Wednesday …

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JD.com posts better-than-expected sales in first quarter as price cuts pay off for e-commerce giant

by Anas Siddiqui
JD.com posts better-than-expected sales in first quarter as price cuts pay off for e-commerce giant

The Beijing-based company said revenue rose to 260 billion yuan (US$36 billion) in the March quarter, from about 243 billion yuan a year earlier, on the back of electronics, home …

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JD.com commits US$900 million to support nationwide trade-in programme for home appliances, consumer goods

by Anas Siddiqui
JD.com commits US0 million to support nationwide trade-in programme for home appliances, consumer goods

Chinese e-commerce giant JD.com is investing more than 6.5 billion yuan (US$900 million) with partners to bolster this year’s nationwide trade-in programme for home appliances and consumer goods, part of …

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US sell-or-ban law against TikTok stirs unease in China as Beijing, social media giant ByteDance stay mum on next moves

by Anas Siddiqui
US sell-or-ban law against TikTok stirs unease in China as Beijing, social media giant ByteDance stay mum on next moves

An article published by the Beijing Daily, the official newspaper of the Chinese Communist Party’s Beijing Municipal Committee, said the measure against TikTok is tantamount to a “robbery” that would …

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China penalises US acid imports in retaliatory move as trade relations grow caustic

by Walter Watson
China penalises US acid imports in retaliatory move as trade relations grow caustic

China announced on Friday it would levy anti-dumping penalties of over 40 per cent on imports of a chemical from the United States used in foods, pesticides, pharmaceuticals and drug …

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China’s short video and live streaming sector still growing, with more than 15 million hosts, as online shopping fuels demand

by Anas Siddiqui
China’s short video and live streaming sector still growing, with more than 15 million hosts, as online shopping fuels demand

The CNSA estimated this e-commerce segment was already worth hundreds of billions of dollars on the mainland. The state-run body reports to the National Radio and Television Administration (NRTA), China’s …

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China’s ‘low-altitude economy’ on the rise as southern city named focal point

by Ron Morgan
China’s ‘low-altitude economy’ on the rise as southern city named focal point

China has designated the capital city of Guangdong province, its economic powerhouse in the south, as the nexus of its unmanned equipment industry – a part of broader efforts to …

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