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China
Trade war intensifies as EU to slap extra tariffs on Chinese-made EVs
The European Commission has announced plans to slap tariffs of up to 36.3 percent on Chinese-made electric cars. The move is aimed at countering what the EU perceives as unfair trade practices, including subsidies for Chinese car manufacturers. However Tesla cars made in China are to face a lower duty of 9 percent.
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Sabic and fujian government sign potential investment agreement to build engineering thermoplastics compounding plant – under the auspices of the Saudi Ministry of Energy
SABIC, a global leader in diversified chemicals, signed a potential investment agreement with the Fujian government on August 1, under the auspices of the Saudi Ministry of Energy, to build an engineering thermoplastics compounding plant in China’s Fujian Province.
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Challenges and Opportunities in China’s Journey in the Recycling of Plastic Wastes
On the path of exploring the recycling of plastic wastes, China is facing a situation where both challenges and opportunities coexist. In terms of plastic waste recycling technologies, policies, and transformation, China is striving to promote recycling of resources while reducing environmental burdens.
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China’s Exports Surge 8.6% in June, But Imports Drop 2.3%
The drop in imports does not bode well for exports in the coming months, as just under a third of China’s imports are parts for re-export, particularly in the electronics sector.
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US-China Trade Tensions: China Investigates Anti-Dumping of POM Plastics from the EU and US
In less than a week following the announcements by the EU and the US to intensify trade remedy investigations on Chinese products or those originating from China, on May 19, 2024, China announced an anti-dumping investigation on imported POM plastics from the European Union (EU), the US, Japan, and Taiwan.
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BASF Inaugurates Second Polymer Dispersions Plant at Daya Bay, China
BASF celebrates the inauguration of its second polymer dispersions production line at the Daya Bay site in Huizhou, China. This expansion directly responds to the rapidly growing local demand for high-quality dispersions, reaffirming BASF’s commitment to serving its valued regional customers.
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Expert: new quality productive forces in China bring new opportunities to world economy
China’s accelerated efforts to foster new quality productive forces demonstrate its huge potential for economic transformation and will bring new opportunities for the world economy, said Zhou Muzhi, a professor at Tokyo Keizai University, in a recent interview with China.org.cn.
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Chinaplas 2024 Post Show Report
Chinaplas 2024 took place 23-26 April 2024 in Shanghai, China and attracted a record breaking 321,879 visitors – thereby becoming the first plastics show to ever attract over 300,000 visitors.
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Mainland China smartphone market picks up in Q1 2024, Huawei soars to regain lead
The latest Canalys research shows the Mainland China smartphone market has finally seen a rebound after two years, with a Q1 2024 shipment of 67.7 million units. Significantly, Huawei returned to the top spot after 13 quarters, shipping 11.7 million smartphones and capturing a 17% market share, thanks to an enthusiastic market response to its...
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Wanhua Chemical Presents Green Innovative Solutions at CHINAPLAS 2024
On April 23rd, Wanhua Chemical, a global leading chemical company, presented a variety of sustainable and cutting-edge products on CHINAPLAS 2024 Media Day. Yong He, the general manager of Wanhua Advanced Material Solutions BU, Naibo Chu, the general manager of Wanhua Performance Polymers BU, Tianlong Zheng, the assistant general manager of Wanhua Petrochemical Sales Co.,...
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