China will overtake Canada and Mexico to become the United States’ largest export market by 2022. US’ export to China would at least triple from the current level to reach 530 billion USD, according to a report compiled by the China-United States Exchange Foundation, the China Center for International Economic Exchanges, China’s Ministry of Commerce, and the U.S.-based Center for Strategic and International Studies.
Asia
China firmly opposed the European Commission’s decision to slap provisional anti-dumping duties on Chinese solar panels. The spokesman for the Ministry of Commerce Shen Danyang said on Wednesday, “Economic ties underpin the China-EU relationship, which China hopes will not be affected by trade frictions in the solar panel industry,” adding that China was ready to sit down with the European side […]