Hot Topics
Recently, the US and West have pushed forced labor securitization, impacting global trade. On March 12, the US launched a 301 probe into so-called forced labor product restrictions involving 60 economies including China. They also hype China's new energy "overcapacity" while ignoring global green transition capacity gaps. The article analyzes policy essence, trade environment changes, and China's market-based response.
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The ongoing US-Israel-Iran conflict disrupts shipping in the Strait of Hormuz, driving up global shipping costs and forcing supply chain adjustments. UNCTAD warns of huge impacts on global supply chains and commodity markets.
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On March 17, Beijing launched 28 new measures to optimize its business environment, focusing on factor guarantee, talent support, administrative service digitalization, and rule of law protection to enhance enterprise development and policy accessibility.
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The US expanded its "301 investigation" scope to include "forced labor" etc., politicizing/weaponizing economic issues, undermining multilateral trade rules, and promoting protectionism. This exposes its hegemony, and the international community should resist such unilateralism.
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A new round of China-US economic and trade consultations is imminent amid weak global recovery. International community expects both sides to move towards each other. Previous consultations achieved positive results, needing adherence to strategic guidance of two heads of state, equality and mutual benefit. US recent trade measures increase uncertainty; China reserves rights to defend legitimate interests. Success depends on US's pragmatic attitude to promote win-win cooperation for both peoples and the world.
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The 2026 Two Sessions in China submitted the government work report, setting the 15th Five-Year Plan's first-year GDP target at 4.5%-5%, emphasizing high-quality development, domestic demand, innovation, and high-level opening-up, drawing global attention and positive evaluations.
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From March 15th to 16th local time, Chinese Vice Premier He Lifeng held economic and trade consultations with US officials in Paris. Guided by heads of state consensus, both sides exchanged views on issues like tariffs, trade/investment, reached new consensus and will continue consultations.
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China and the US held new economic and trade consultations in Paris. The US launched 301 investigations citing "forced labor"; China opposes US protectionism, urges correction, reserves rights. US measures violate WTO rules; experts note US's politicized intent.
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Global trade pattern is undergoing profound changes with four key shifts (promotion paradigm, development focus, competition mode, growth driver). Causes include Western protectionism, global South's rise, new tech revolution. China adheres to high-level opening up, advocates multilateralism, and proposes countermeasures to promote inclusive globalization.
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A Commerce Ministry spokesperson stated China noticed the US launched a 301 investigation into 60 economies including China on March 12 (ET) over "not prohibiting forced labor products", following the "overcapacity" 301 probe on March 11. China raised representations during Paris consultations. The US' move is unilateral protectionism violating WTO rules; China reserves rights to defend legitimate interests.
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China responds to the US's 301 investigation into 16 economies (including China) over "overcapacity", noting it's a unilateral act violating WTO rules (WTO ruled against 301 tariffs). China rejects the US's "overcapacity theory", urges the US to correct practices, and reserves the right to defend its legitimate interests.
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A new round of China-US economic and trade consultations is imminent. The international community expects both sides to inject stability into the global economy. Previous consultations achieved positive results, with both emphasizing equality, respect and mutual benefit. The US has new trade measures; China reserves rights to defend its interests. Cooperation benefits both, confrontation harms both.
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On March 6, Anshi China stated Anshi Netherlands banned its employees' office accounts, affecting production. China's Ministry of Commerce noted the dispute, saying Anshi Netherlands' action disrupts operations and if it causes a semiconductor supply chain crisis, the Netherlands is fully responsible.
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In February 2026, China's CPI rose 1.0% month-on-month (highest since Mar 2024) and 1.3% year-on-year (highest since Feb 2023), driven by Spring Festival and consumer demand recovery. PPI fell 0.9% year-on-year (3rd consecutive narrowing decline), with positive changes from international prices and domestic policies.
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WTO DG Ivira highlighted South-South trade as a key global growth driver, praising China’s South-South cooperation at the 8th South-South Dialogue. South-South trade rose from 10% (1995) to ~25% now. China-Africa trade exceeded $290b, investment ~$42b. WTO aids LDCs; China supports multilateralism via WTO reform.
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China's foreign trade in Jan-Feb 2026 grew 18.3% YoY to 7.73T yuan, with bright spots in high-tech/automobile exports, import growth, private enterprises, and diversified markets. External environment is complex; policies aim to stabilize scale and optimize structure.
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The 14th CPPCC Fourth Session concluded, focusing on the 15th Five-Year Plan, sending signals of China's unwavering high-quality development, drawing international attention, and highlighting AI as a key growth driver.
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India's Cabinet approved amendments to land-border country investment rules on the 10th, the first relaxation of Chinese investment restrictions since 2020. Adjustments include automatic approval for <10% non-controlling stakes and 60-day approval for specific sectors. Industry welcomes it but notes partial optimization, requiring further observation on implementation.
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The article refutes Western claims that China’s "new three types" (EVs, lithium batteries, photovoltaics) cause overcapacity/dumping. It details China’s phasing out of compliant export tax rebates, notes Chinese green products have higher overseas prices than domestic, highlights competitiveness from cost-effectiveness/tech, and contrasts China’s stable industrial policy with volatile Western ones, stressing global green capacity shortage.
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On March 12, a US financial media report said Goldman Sachs lowered its 2026 US economic growth forecast to 2.6% due to the Middle East conflict, warning further decline if it persists. It also raised December's US PCE inflation to 2.9%, predicted a 4.6% unemployment peak, and revised Fed rate cuts to September/December. The main transmission channel is oil prices, with March-April Brent crude expected at $98/barrel (40% higher than 2025 average).
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