68 h. ago Beijing Wraps Up Inaugural ‘Art Season,’ Making Bid to Reclaim Top Spot in China’s Art Economy

Beijing Wraps Up Inaugural ‘Art Season,’ Making Bid to Reclaim Top Spot in China’s Art Economy  ARTnews.com

Politics

68 h. ago Tariff war ‘not the end of the world’ for Hong Kong companies: trade council chief

The US-China tariff war is “not the end of the world” for Hong Kong businesses, the new head of the city’s Trade Development Council has said, as he outlined strategies to help them capitalise on geopolitical uncertainties. Chairman Frederick Ma Si-hang, who took office on June 1, also said on Monday the council would explore setting up more offices in new markets and rebranding the Asian Financial Forum to include more industry elements. The council has 51 offices around the world, including...

Events

5 d. ago Rebranded Beijing Art Season persevered amid tariff and economic struggles

Rebranded Beijing Art Season persevered amid tariff and economic struggles  The Art Newspaper

Economics

5 d. ago Amid tariff and economic struggles, the newly rebranded Beijing Art Season persevered

Amid tariff and economic struggles, the newly rebranded Beijing Art Season persevered  The Art Newspaper

Economics

7 d. ago China’s trade gambit: Beijing plays hardball in Trump tariff talks to try to save its economy

China’s trade gambit: Beijing plays hardball in Trump tariff talks to try to save its economy  Washington Times

Politics

1 week ago Trump to double steel tariffs to 50%, backs Nippon Steel investment in US Steel

US President Donald Trump on Friday pledged support for investments of more than US$20 billion by Japan’s Nippon Steel into US Steel, and said he would double tariffs on the industrial metal that they produce. He claimed that both moves would strengthen steelmaking in America. Without exception, Trump said, steel import tariffs would jump to 50 per cent, “which will even further secure the steel industry in the United States”. He later said on his Truth Social platform that the increase would be...

Politics

1 week ago US retail giants pushing Chinese suppliers to shoulder up to 66% of tariff costs

American retail giants are now demanding that their Chinese suppliers shoulder half to 66 per cent of the cost of US import duties, as the ongoing US-China trade war ramps up pressure on businesses’ bottom lines, industry sources told the Post. US retailers have been locked in talks with Chinese producers for weeks over how to handle the additional costs caused by the trade war, with the firms facing intense political pressure at home to “eat the tariffs” and keep prices stable. Walmart and...

Economics

1 week ago Can Japan avoid Trump’s tariffs with semiconductors and defence spending?

Japan is preparing a package of economic incentives – including expanded purchases of semiconductors and increased defence spending – as it seeks to persuade US President Donald Trump to ease the threat of steep tariffs and protect its vital trade and security alliance with Washington. Economy Minister Ryosei Akazawa, Japan’s chief tariff negotiator, is travelling to Washington this week for talks. On Thursday, he stated that Japan is ready to invest significantly in US military equipment to...

Politics

1 week ago ‘Few options’: Japan minister heads to US with US$6.9 billion spending package

Japan is preparing a package of economic incentives – including expanded purchases of semiconductors and increased defence spending – as it seeks to persuade US President Donald Trump to ease the threat of steep tariffs and protect its vital trade and security alliance with Washington. Economy Minister Ryosei Akazawa, Japan’s chief tariff negotiator, is travelling to Washington this week for talks. On Thursday, he stated that Japan is ready to invest significantly in US military equipment to...

Economics

2 w. ago China, Asean, Gulf states deliver ‘elaborate’ message on economic, energy ties

China, Southeast Asian nations and six Gulf states have pledged to foster closer cooperation with a strong emphasis on economic integration and energy collaboration, marking a milestone in enhancing tripartite alignment to tackle regional and global challenges. In a comprehensive joint statement, leaders from the Association of Southeast Asian Nations (Asean), the Gulf Cooperation Council (GCC) and China reaffirmed their commitment to a rules-based multilateral trading system and economic...

Economics

2 w. ago Confidence of EU firms in China was tanking even before tariffs: survey

European businesses’ optimism about growth and profitability in China has hit a record low, overshadowed by economic downturns and rising geopolitical tensions, according to annual survey findings by a leading foreign business association, which called for the full implementation of recently announced measures aimed at improving the business environment. Conducted two weeks before US President Donald Trump returned to the White House in January, the survey of 503 chamber members showed a bleak...

Economics

2 w. ago Record levels of pessimism among EU businesses in China, survey reveals

European businesses’ optimism about growth and profitability in China has hit a record low, overshadowed by economic downturns and rising geopolitical tensions, according to annual survey findings by a leading foreign business association, which called for the full implementation of recently announced measures aimed at improving the business environment. Conducted in January and February, the survey of 503 chamber members showed a bleak outlook even before the China-US trade war intensified in...

Politics

2 w. ago In Vietnam, exporters tune out Trump’s tariff riffs – and rush to replace the US

Garment manufacturers across China and Vietnam breathed a small sigh of relief on Sunday, after US President Donald Trump told reporters that the United States was “not looking to make sneakers and T-shirts”. But few plan to change their plans based on the president’s comments. After weeks of wild swings in US tariff policies, they have learned that Trump could soon change his tune once again. Businesses in China and Vietnam – the world’s two largest clothing export hubs – are still facing huge...

Politics

2 w. ago Why central banks are playing a big role in pushing up gold prices

Gold prices have surged this year as investors seek safe investments amid a spike in economic uncertainty unleashed by US President Donald Trump’s tariff policies. But economists say that there is another important factor driving the rally: purchases by central banks. In this explainer, we explore why central banks are increasingly turning to gold assets, how that is driving a long-term structural shift in demand for the metal, and what that means for gold prices going forward. Why are central...

Economics

2 w. ago Art World Enters Beijing Time: “Beijing Art Season” Launches at 798 Art District

Art World Enters Beijing Time: “Beijing Art Season” Launches at 798 Art District  Yahoo Finance

Politics

2 w. ago Japan’s Ishiba eyes G7 summit, aims to advance US tariff talks

Speaking in Kyoto, Ishiba said there has been progress in negotiations on trade expansion, non-tariff measures and economic security.

Politics

2 w. ago China’s top exporter, Shenzhen, takes US tariff blow on the chin in April, lagging nation

Export decline last month was led by an 8.3 per cent drop in the city’s general trade, and analyst deems Shenzhen’s export performance ‘volatile’ over last four months.

Politics

3 w. ago Chinese crane maker raises questions over US tariff plans: ‘not a real remedy’

Company says higher duties on Chinese cranes would just increase costs for American ports. The US ports association agrees.

Politics

3 w. ago ‘Art Is Never Flat’: Beijing Dangdai Shakes Up May Art Season

‘Art Is Never Flat’: Beijing Dangdai Shakes Up May Art Season  Ocula

Politics

3 w. ago China’s economy so far showing ‘mixed’ results, amid tariff war

China’s economy so far showing ‘mixed’ results, amid tariff war  Semafor

Economics