
China Reviews Export Licenses as U.S. Lifts Key Trade Curbs
Chinaโs Ministry of Commerce says the United States has lifted trade curbs, from EDA tools to jet engines, as it reviews export licenses under recent bilateral talks.
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Chinaโs Ministry of Commerce says the United States has lifted trade curbs, from EDA tools to jet engines, as it reviews export licenses under recent bilateral talks.
London talks set the stage for a China-U.S. framework to implement Geneva and June deals, shifting from tariffs to export controls and rare earth access in a bid to stabilize relations.
China’s foreign trade hits a record $5.98 trillion in 2024, driven by a surge in exports and high-end equipment. Exports grow for the eighth consecutive year.
China’s foreign trade surged by 5.7% in the first four months of 2024, driven by robust tech exports and expanding partnerships with ASEAN and BRI countries.