US trade chief Tai lauds Canada’s steep new tariffs on Chinese EVs and metals

US trade chief Tai lauds Canada’s steep new tariffs on Chinese EVs and metals

US Trade Representative Katherine Tai on Thursday gave a strong endorsement to Canada’s decision to impose a 100 per cent tariff on Chinese-made electric vehicles and 25 per cent on Chinese steel and aluminium as she finalises US duties planned at similar rates. In a statement issued by her office, Tai applauded Canada’s decision to … Read more

Has China, after long-awaited third plenum, given its market a demotion?

Has China, after long-awaited third plenum, given its market a demotion?

The use of “better leverage” in reference to the role of the market at the twice-a-decade event – formally known as the third plenum of the party’s 20th Central Committee – slightly deviates from rhetoric used at the same gatherings in 2013 and 2018, when the market was granted a “decisive role” in resource allocation. … Read more

China set for third plenum that could prove a ‘defining moment’ of Xi Jinping era

China set for third plenum that could prove a ‘defining moment’ of Xi Jinping era

The main focus of the meeting of more than 370 full and alternate members of the party’s Central Committee is expected to be deciding the best strategy for coping with the economic challenges facing the country. The event, formally known as the third plenum of the 20th Central Committee, is also likely to offer more … Read more