China’s Ministry of Commerce (MOFCOM) has reduced the proposed final anti-subsidy tariffs on certain dairy products imported from the European Union to a range of 7.4–11.7 per cent. The revised tariffs follow an anti-subsidy investigation launched in August 2024 into EU exports of unsweetened milk and cream, as well as selected cheeses (including Roquefort and Camembert). Provisional duties were applied between 23 December 2025 and 21 February 2026, with final tariff rates ex

Canadian Prime Minister Mark Carney visited Beijing from 16 to 17 January 2026, the first visit by a Canadian prime minister since 2017. During the visit, the two countries announced a preliminary agreement under the Canada-China Economic and Trade Cooperation Roadmap, aimed at strengthening bilateral trade and providing a stable framework for commercial engagement. The roadmap includes reduced tariffs for up to 49,000 Chinese electric vehicles annually at a 6.1 per cent rate

During a four-day visit to China in late January 2026, UK Prime Minister Keir Starmer and Chinese leaders Xi Jinping and Li Qiang agreed on a series of initiatives aimed at deepening financial and commercial cooperation between the two countries. The visit included the inaugural meeting of the UK-China Financial Working Group, bringing together senior officials and regulators from both governments alongside representatives from over 50 UK companies, including 11 financial and

Spain’s King Felipe VI visited China from 11 to 13 November 2025, marking the 20th anniversary of the comprehensive strategic partnership between the two nations. The visit led to 10 cooperation agreements covering trade, economic collaboration, language exchanges, and aquatic products, reflecting both countries’ commitment to deepening bilateral economic engagement. Agreements aim to support Spanish exports, especially high-quality food products, and to broaden access to the

According to data released by the Ministry of Trade and Industry (MTI), Singapore’s economy grew by 5 per cent in 2025, higher than the increase estimate of 4.8 per cent. In the fourth quarter of 2025, GDP expanded by 6.9 per cent year on year, while on a quarter-on-quarter seasonally adjusted basis, growth reached 2.1 per cent, compared with 2.6 per cent in the third quarter. Economic performance was mainly supported by strong growth in the manufacturing industry, alongside

Hong Kong operates a territorial tax system and does not impose withholding tax on dividends. Consequently, the effective taxation of dividend flows depends on the tax legislation of the recipient jurisdiction and on the correct application of Double Taxation Agreements (DTAs). Hong Kong Double Taxation Agreements Hong Kong maintains an extensive network of Double Taxation Agreements (DTAs) covering dividends, interest, royalties, and technical service fees across a wide rang