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G7 to launch ‘alliance’ countering China’s critical mineral dominance
G7 energy ministers meeting in Canada on Thursday planned to launch a new alliance to counter China’s critical mineral dominance, in a push for more reliable access to the resources that power advanced technologies. The two-day Group of Seven meeting in Toronto opened hours after US President Donald Trump and Chinese counterpart Xi Jinping signed an extendable one-year deal on China’s supply of rare earths. Germany’s Minister for Economic Affairs and Energy, Katherina Reiche, told reporters the Trump-Xi deal marked “a good sign,” noting German reliance on Chinese critical mineral exports. But she stressed ... (full story)
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Three-digit tariffs are off the table, but import duties on each other are higher than in January. Rare earth materials will flow more smoothly, but China has put in place an export permitting regime that it can tighten or loosen as needed. Port fees will go away, but only for one year. And Beijing is again buying U.S. soybeans after it had abruptly cut off ...
GYEONGJU -CHINA COMMERCE MINISTER: CHINA MARKET HAS GREAT POTENTIAL AND PROMISING GROWTH PROSPECTS CHINA IS ABLE TO PROVIDE MORE DEVELOPMENT OPPORTUNITIES FOR GLOBAL BUSINESSES CHINA'S SERVICE SECTOR WILL CONTINUE TO EXPAND OPENNESS CHINA IS AN IDEAL AND SECURE DESTINATION
From think.ing.com | Oct 31, 2025
China's official manufacturing purchasing managers index slowed to 49.0, down from 49.8. This marked a 6-month low, tying April for the lowest level of the year. It came in below expectations for a smaller moderation to 49.6. The slowdown was seen across all the major subcategories. Production fell into contraction for the first time in 6 months, down to ...