U.S. Dairy Export Council’s Post

How China Dominates the Global Export Business | Louis Gave Decoupling the US economy from China’s is essential to strengthening our long-term economic resiliency and national security. Meanwhile, China is doing the same thing—decoupling its economy from ours. Yet China’s export business is booming. Gavekal CEO and renowned China expert Louis Gave says that China now exports more to other emerging markets than it does to the US and western Europe. Here’s Louis: “China's trade is absolutely booming. The investments that China made 10 years ago in things like the One Belt One Road, the Silk Road Fund, the Asian Infrastructure Investment Bank, all the things that we laughed at and said, ‘Oh, you want to have trade with Kazakhstan? Who cares? Sure, have it. It's all yours.' The reality is, if you look at the BRICS countries, China now does more trade with the BRICS countries than it does with the United States." Louis notes that, in some ways, China might be more capitalistic than the US, which essentially stopped allowing companies to fail after the 2008/2009 financial crisis.

“As vital trading partners, a stable China-Australia relations are not only in the interests of both countries, but also in the interests of the world. As Prime Minister Albanese indicated during his visit to China last year, our relationship has taken a ‘very positive step forward.’ Since we signed a free trade agreement in 2015, bilateral trade has doubled, gratifyingly,” noted Rob Donelly, General Manager of Greater China, Austrade, in his opening address at the CIFTIS-Never-End Series China Australia Business Forum held in Beijing on January 10. Titled “Converging Business Resources, Empowering Economic Development”, the forum vividly demonstrated the necessity of peaceful coexistence and win-win cooperation as the main international theme in the current challenging global context. As Rob Donelly pointed out, China is Australia’s largest trading partner. The trade volume between the two countries has reached 300 billion Australian dollars in 2023, with more than a quarter of Australia’s export revenue comes from China. Read More: https://lnkd.in/dbjUMwBm #Australia #China #international #Economic #Business #dollars

Hello, Linkedin Family! I am happy to share that my first report, as lead researcher at the Pakistan Business Council, was published in July 2024. The report is titled "Evaluating Phase II of the China Pakistan Free Trade Agreement" and is part of the Market Access series 2023-2024. Phase II of the China Pakistan Free Trade Agreement (CPFTA) was implemented in 2020, and included the liberalization of 75% of tariff lines over a period of 10 years by China and 15 years by Pakistan. The study aims to assess the impact of the CPFTA on China-Pakistan bilateral trade, with a focus on whether the agreement has been beneficial for Pakistani exports to China. You can access the study here: https://lnkd.in/eERezqYa

The Indo-Pacific trade routes are crucial for the EU's #rawmaterial imports and South Korea's #energy imports. As China expands its influence, #SouthKorea faces challenges like dependency on China but sees also opportunities for partnership with European countries. The EU and South Korea can jointly advance strategies to keep trade routes open and counter China's assertiveness. #IAIPaper by Sojin Lim➡️ https://lnkd.in/ddW-C2tD Revised version of a paper presented at the conference on “New Convergences in EU-ROK Economic Security Relations”, organised in Rome on 30 January 2024 by the Istituto Affari Internazionali (IAI).

China has significantly deepened trade cooperation with African countries, seeing trade expand from less than 100 billion yuan ($14.08 billion) in 2000 to 1.98 trillion yuan in 2023, marking an average annual growth rate of 17.2%. The upcoming 2024 Summit of the Forum on China-Africa Cooperation in Beijing will focus on aligning the #BRI with Africa's development goals, enhancing infrastructure and partnerships in key sectors. #InvestinChina https://brnw.ch/21wMiNv

Brazil and China celebrated a historic milestone in their international relations! 💡 Currently, the partnership between Brazil and China moves over US$ 100 billion, equivalent to 25% of Brazil's global commerce. This close economic relationship is expected to further strengthen with the positive outlook for the Chinese economy, which surpassed expectations, boosting various sectors. Last month, there was a ceremony at the headquarters of the Brazilian Confederation of Agriculture and Livestock (CNA) in the capital Brasília, to celebrate fifty years of trade relations between the countries. The event was themed "cooperation for a sustainable world" and was attended by various public figures. Representatives from Brazil and China highlighted the strategic importance of the partnership between the two countries. Among the next steps are efforts to increase cooperation and the exchange of knowledge and technology, especially among academics and researchers. The international relationship, focused mainly on agriculture, has been highly beneficial for both sides, with China being the largest buyer of Brazilian agricultural products. Although there is no formal agreement, this partnership has been beneficial due to Brazil's supply and China's demand. COMRED specializes in business connections between Brazil and China, facilitating negotiations, expanding businesses, and creating opportunities for companies on both sides. Get in touch! 🌐 COMRED: Your China Business Connection 🔋 We are fanso-battery in Brazil #procurement #export #lithiumbattery #china #COMRED

Yunnan emerges as vital economic bridge between China, Southeast Asia, and South Asia. With initiatives like the Belt and Road Initiative, the China (#Yunnan) Pilot Free Trade Zone, and the #RCEP Agreement, it's fostering open collaboration and prosperity. #InvestinChina

Forbes “Exporters Summit 2024” On March 22, Kyiv hosted the Exporters Summit 2024, organized by Forbes Ukraine. The event brought together 40 speakers from various business sectors and government representatives to discuss the challenges and opportunities of exporting in Ukraine. The summit provided a unique opportunity to share experiences, in particular on: - Export strategies and the resumption of container shipping; - Liberalization of foreign trade; - Expanding presence in new markets. Participation in the summit was important for our company, as the insights gained will help us to integrate more effectively into new markets and strengthen our position on the global stage.

Exploring the local China mall in Africa offers invaluable insights into the interplay of global trade and cultural exchange, also exploring unique opportunities for business growth and international partnerships. #globaltrade #culturalexchange #businessgrowth #economicdevelopment

🇨🇳XI JINPING: "China will voluntarily and unilaterally open its market wider. We have decided to give all LDCs having diplomatic relations with China, including 33 countries in Africa, zero-tariff treatment for 100 percent tariff lines. This has made China the first major developing country and the first major economy to take such a step. It will help turn China’s big market into Africa’s big opportunity. China will expand market access for African agricultural products, deepen cooperation with Africa in e-commerce and other areas, and launch a 'China-Africa quality enhancement program.' We are prepared to enter into framework agreements on economic partnership for shared development with African countries to provide long-term, stable and predictable institutional guarantee for trade and investment between the two sides." @nxt888 on X