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China upholds principles, promotes dialogue at G20 trade ministers’ meeting: commerce ministry-Xinhua

BEIJING, Oct. 4 (Xinhua) -- China played an active role in promoting dialogue and cooperation with other G20 members while upholding principles during the recent G20 trade ministers' meeting, the country's Ministry of Commerce said on Sunday. The ministry spokesperson made the remarks in response to a media question about the meeting, which was held on Sept. 30 and Oct. 1 in Milwaukee, Wisconsin, the United States. Members exchanged views on issues proposed by the U.S. G20 presidency, including opposing the weaponization of food, addressing overcapacity, eliminating forced labor, and adjusting the Most-Favored-Nation (MFN) principle. Members reached a joint statement opposing the weaponization of food, while no outcome documents were issued on the remaining matters, according to the ...

Chinese firm's dredging of Tema Port to boost Ghana's maritime trade

Author: Seth Gafah,高剑飞 Source: Source: Xinhua Source link

Economic Watch: China trade ties carry significant weight for U.S. West Coast ports-Xinhua

by Julia Pierrepont III, Gao Shan LOS ANGELES, Oct. 3 (Xinhua) -- With China accounting for about 55 percent of trade at the Port of Long Beach and roughly 40 percent of business at the neighboring Port of Los Angeles, stable relations between Washington and Beijing are not an abstract diplomatic concern for the two busiest container ports in the United States. That deep trade linkage means shifts in U.S.-China ties can quickly ripple through cargo flows, jobs, consumer supply chains and investment across Southern California, according to the heads of the two ports. "Stable and constructive relations between the United States and China are important to the global economy, to American consumers and businesses, and to the reliability of international supply chains," Noel Hacegaba, CEO ...