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Trade

Today

Bundles of steel tubes at a trading market in Jinan. China’s steel exports have swelled.

China’s exports return to growth in boost to shaky economy

China’s exports edged higher in dollar terms last month as Beijing pinned its hopes on a manufacturing-led revival to boost flagging growth.

  • 1 hr ago
  • Joe Cash

April

Narendra Modi on stage with Prime Minister  Anthony Albanese in Sydney in May last year.

Macquarie, ANZ and Canva CEOs help power Australia’s India push

Governments hope to prevent another false dawn in bilateral trade and investment by getting business to work on policy.

  • James Eyers

Australia can prosper under international carbon prices

The EU’s carbon border tax will create new opportunities for this country but only if the Australian government invests strategically in the right industries.

  • Ingrid Burfurd
Janet Yellen and Chinese Premier Li Qiang in China’s Great Hall in Beijing on Sunday.

US, China need ‘tough’ conversations, Yellen tells Li

The US Treasury Secretary says Washington and Beijing have a ‘duty’ to responsibly manage their complex relationship, as she brought her case for reining in China’s excess factory capacity.

  • David Lawder
A fuel barge is pushed by a tugboat, the first vessel to transit a new temporary channel near the stuck Dali container vessel.

Trapped vessels start moving out of Baltimore after bridge collapse

The city’s shipping channel has been blocked since a loaded container ship lost power and collided with a support column of the Francis Scott Key Bridge a week ago.

  • Daniel Trotta
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March

Chinese leaders’ anger may be a sign that Joe Biden’s approach is working.

Bidenomics is making China angry. That’s OK

Biden’s China policy is so tough that it makes me, someone who generally favours a rules-based system, nervous.

  • Paul Krugman

Rebuilding wine sales in China to take time: minister

Assistant Trade Minister Tim Ayres welcomed China’s removal of tariffs on Australian wine but said rebuilding the $1.1 billion trade will take time.

  • Tess Ikonomou
Chinese Foreign Minister Wang Yi meets with Penny Wong in Canberra.

Wong sounds alarm over China-led nickel collapse

Penny Wong has gone into bat for Australian miners suffering from turbulent nickel prices during talks with her Chinese counterpart, amid accusations Beijing is manipulating the market to favour its own producers.

  • Updated
  • Andrew Tillett
China’s Foreign Minister Wang Yi.

Business chiefs to plead for predictability from Beijing

Chinese Foreign Minister Wang Yi will hold a lunch with CEOs and think-tank chiefs as part of his visit to Australia.

  • Andrew Tillett
Foreign Affairs Minister Penny Wong met with China’s top diplomat, Wang Yi, during an ASEAN summit in Jakarta this month.

Wong to push China’s foreign minister on trade, security

Penny Wong will raise the removal of conflict prevention, human rights and the detention of Yang Hengjun when she hosts China’s foreign minister next week.

  • Updated
  • Andrew Tillett
China’s ambassador to Australia, Xiao Qian, says tariff discussions are “on the right track”.

Chinese ambassador says tariff discussions ‘on the right track’

Xiao Qian said that the relationship between Beijing and Canberra had “stopped free-falling and stopped deteriorating” since their depths four years ago.

  • Jessica Sier
Singapore Prime Minister Lee Hsien Loong with Anthony Albanese.

Singapore backs AUKUS subs as Keating rocks summit

Singapore has backed the Albanese government over the AUKUS deal, undercutting former prime minister Paul Keating’s claim Australia was at odds with the region.

  • Updated
  • Andrew Tillett and Phillip Coorey
Within a month, the lobster trade might be the last remaining irritant.

Australia can launch a new trade boom with China, Farrell says

The trade minister says that with feuds on wine and lobster exports potentially soon sorted, Australia could aim to stack on another $100 billion in trade.

  • Hans van Leeuwen

February

WTO Director-General Dr Ngozi Okonjo-Iweala.

In the shadow of Trump: how the WTO has reached the last-chance saloon

A summit of up to 164 ministers in Abu Dhabi aims to rebuild confidence and capability at the global trade umpire before a new Trump administration starts another trade war.

  • Hans van Leeuwen
Shoppers at a Costco in Shenzhen.

Why China’s deflation may be good news for Australia

Prices of China’s products shipped overseas have been falling at the fastest rate since the 2008 crisis, and could help to push down inflation worldwide.

  • Joseph Cotterill, Claire Jones and Martin Arnold
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Hong Kong city skyline view from Kowloon.

Why Hong Kong is again stirring the interest of Australian companies

It’s not the same as the pre-pandemic, security lockdown era, but there is still “so much opportunity”, says the Australian Chamber of Commerce in Hong Kong boss.

  • Michael Smith

January

Trump’s blueprint for presidential victory

Iowa has provided a guide to how far he can push the different levers of Trumpism in areas such as trade protectionism, immigration and renewable energy subsidies.

  • Matthew Cranston
Iowa farmer Grant Kimberley

Iowa farmers stung by Trump’s trade war eye Haley

Trump’s tariff-heavy trade policies are less popular than many people think, and already swaying voters in the upcoming Iowa caucus.

  • Matthew Cranston
The DP World-managed Port of Botany is one of four terminals caught up in the months-long industrial dispute.

DP World to dock pay in escalation of waterfront battle

The move is seen by industry groups as a prelude to escalation and lockouts, which would bring the months-long dispute snarling Australian cargo to a head.

  • Nick Bonyhady

December 2023

Maersk prepares to return to the Red Sea

Maersk prepares to return to Red Sea under US-led protection

The world’s second-largest container line, said it’s preparing to resume shipping through the Red Sea, thanks to a new maritime task force to protect vessels.

  • Ian Fisher