As veteran German leader Angela Merkel plans to step down in a few weeks, the future of the massive China-Germany economic and trade relationship could enter a period of uncertainty with very different views and rhetoric coming out from German politicians about the direction of Berlin’s China policies.
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Wellington faces pressure from US, but shouldn’t sacrifice its interests: analysts
Wang Cong and Fan Anqi Published: May 25, 2021 10:23 PM
A man walks along a wharf in Wellington, capital of New Zealand, on September 22, 2020. Photo: Xinhua
China s Foreign Ministry on Tuesday praised China-New Zealand bilateral relations based on mutual respect and interests and urged the country to shrug off external disruptions to jointly advance the relationship and expand areas of cooperation, after the New Zealand Foreign Minister reportedly warned of a potential storm in trade cooperation.
The remarks from New Zealand Foreign Minister Nanaia Mahuta on Monday showed increasingly common anxiety among some small countries as the US continues to push for an ideology-based confrontation with China and reflected the mounting pressure and difficulties posed by the US-led clique for Wellington to pursue a balanced approach between major powers, Chinese analysts said.
China sends global commodity prices down; Australian iron ore exports hit hard
Wang Cong and Yin Yeping Published: May 24, 2021 11:17 PM
Aerial photo shows the container dock of Shanghai s Yangshan Port, east China.(Photo: Xinhua)
Industrial commodity prices extended sharp losses on Monday both in China and abroad, after officials in China, the world s factory floor and largest consumer of raw materials, intensified a top-down campaign to rein in runaway prices that have already exerted pressure on factories and businesses and further threaten to derail China s hard-fought economic recovery from the COVID-19 pandemic.
The latest effort by Chinese officials to further step up the crackdown on what they call excessive speculation in the commodity markets came after repeated warnings and actions by local governments and industry bodies over the past several weeks failed to bring prices down to a reasonable range, and risks posed by the soaring prices for the Chinese economy con
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