What’s happening in China this week? (March 10, 2025 - March 14, 2025)
Sunny (Juan) Shen 沈娟 ??????
As an experienced China Business Consultant, Interpreter, & Founder of Sunny Business Consultation, I help you efficiently resolve China-related business issues with tailored solutions.??
1. The nation takes steps targeting global trade protectionism (March 10, 2025)
On Saturday, the Customs Tariff Commission of the State Council announced that starting on March 20, China will levy additional tariffs ranging from 25 percent to 100 percent on selected imports from Canada.
The decisions follow the North American country's move in October to impose additional tariffs on Chinese electric vehicles, steel, and aluminum products. Read More.
2. China launches offshore drilling project with Indonesia (March 11, 2025)
CNPC Offshore Engineering Company Limited (CPOE), a subsidiary under China National Petroleum Corp, has officially launched its JUB offshore drilling project in Indonesia, marking its first foray into Southeast Asia's offshore drilling services sector.
As the company's largest international contract to date, the project, valued at over 1 billion yuan ($140 million), has a four-year contract term. It represents a significant milestone for China's offshore oil and gas industry, securing a foothold in the international high-end offshore drilling market, it said. Read More.
3. MOC meets Walmart after the retailer asks suppliers to cut prices (March 12, 2025)
China's Ministry of Commerce and other relevant authorities held talks with Walmart Inc. on Tuesday to discuss the US retailer's recent request for price reductions from Chinese suppliers.
Walmart has recently asked some Chinese suppliers for price cuts of up to 10 percent per round of additional tariffs the US government imposes on Chinese goods.
In response to this move, the Beijing-based China Chamber of Commerce for Import and Export of Textiles said in a statement that it will take proactive measures to safeguard the interests of its member companies. Read More.
4. China unveils plan to boost green equipment manufacturing (March 13, 2025)
China has issued comprehensive guidelines to accelerate the high-quality development of its environmental protection equipment manufacturing sector, targeting global competitiveness in the green technology market.
The document was released on Wednesday by the Ministry of Industry and Information Technology, the Ministry of Ecology and Environment, and the State Administration for Market Regulation. It aims to drive the industry's sustained growth and transition toward low-carbon and circular development. Read More.
5. Chinese EVs make major inroads as the Australian market charges ahead (March 14, 2025)
Chinese electric vehicle manufacturers are gearing up for accelerated growth in the Australian market as Canberra ramps up regulatory measures to smooth the country's transition to greener transportation.
At the recent Everything Electric show in Sydney, which ran for three days starting on March 7, Chinese EV makers took center stage among the diverse range of items on display. Read More.
Hi, I’m Sunny from China. Since 2015, I have worked as an independent business consultant & solution provider for companies worldwide, supporting their business activities in China and navigating them through challenges associated with China by providing customized business solutions for each client's needs.
If you'd like to learn more about my work and how I can support your business activities in China or with Chinese companies, please send me a message or email me at [email protected].
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As an experienced China Business Consultant, Interpreter, & Founder of Sunny Business Consultation, I help you efficiently resolve China-related business issues with tailored solutions.??
1 天前If you'd like to learn more about our work and how we can support your business activities in China or with Chinese companies, please send me a message or email me at [email protected].
As an experienced China Business Consultant, Interpreter, & Founder of Sunny Business Consultation, I help you efficiently resolve China-related business issues with tailored solutions.??
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