China has been expanding use of digital currencies as it promotes wider use of its yuan, or renminbi, to reflect its status as the world’s second-largest economy and challenge the overwhelming sway of the U.

China filed a complaint with the World Trade Organization (WTO) over Canadian steel import restrictions on Friday, the commerce ministry said.

Iron ore futures prices declined on Wednesday, pressured by a mandated production cut ahead of a military parade in China and U.S. trade restrictions on steel imports. The most-traded January iron ore contract on China’s Dalian Commodity Exchange (DCE) traded 0.19% lower at 769 yuan ($107.09) a metric ton.

Indian Foreign Minister Subrahmanyam Jaishankar and his Chinese counterpart Wang Yi on Monday discussed border peace, trade issues and bilateral exchanges, aiming to strengthen cooperation between the two countries.

China is working to reopen rapeseed trade with Australia after a five-year pause, seeking to secure supplies of a key animal feed ingredient as ties with top supplier Canada sour.

India on Wednesday rejected Nepal's opposition to the resumption of border trade with China through the Lipulekh Pass, calling Kathmandu's territorial claims "unjustified, untenable, and not supported by historical facts.

Kathmandu had earlier issued a statement asserting that the southern side of the Lipulekh Pass, known as the Kalapani region, belongs to Nepal. It also said that the government has been urging New Delhi to refrain from carrying out any activities, including trade, in the area.

A report from S&P Global reveals Iraq was among China's top 20 trading partners in 2024, with a total trade volume of $54.2B, reflecting a growing reliance.

China has requested dispute consultations at the World Trade Organization regarding Canadian surtaxes and quotas on steel and aluminium goods, the WTO said on Wednesday.