37 h. ago As China exports to Russia dip on less car demand, new deals show ‘room to grow’

Despite a slowdown in automotive shipments from China to Russia, there is room for them to advance trade settled in yuan and roubles as both countries continue to be pressured away from the US market, analysts said on Tuesday during Russian President Vladimir Putin’s visit to the world’s second-largest economy. Russians want consumer goods, personal electronics and common machinery that are difficult to import from the West because of trade sanctions over Russia’s invasion of Ukraine that began...

Politics

37 h. ago US revokes TSMC’s ‘fast track’ China export status as controls tighten

The US has revoked Taiwan Semiconductor Manufacturing Company’s (TSMC) authorisation to freely ship essential gear to its main Chinese chipmaking base, potentially curtailing its production capabilities at that older generation facility. The change removes a fast track export privilege known as Validated End User (VEU) status, meaning future shipments of US-origin chipmaking tools to TSMC’s Nanjing site will require individual licences. The action mirrors steps the US took to revoke the same...

Politics

64 h. ago China’s exporters ahead in tariff game, paying estimated 9% share of costs

Chinese exporters appear to hold significant bargaining power in their trade with the United States, according to an estimate from one of Beijing’s top investment banks, carrying 9 per cent of the cost burden created by the tariffs US President Donald Trump levied earlier this year. The findings from China International Capital Corporation (CICC) run contrary to earlier claims by US officials – including Treasury Secretary Scott Bessent – that Washington has been on the winning side of the...

Economics

7 d. ago Why Trump’s furniture tariffs could complicate efforts to reassemble China trade

US President Donald Trump’s renewed threat to impose tariffs on imported furniture could erode some of China’s exports while doing little to bring manufacturing back to America as he promised, according to analysts. And they added that such a move risks escalating tensions between the world’s two largest economies, whose earlier extension of a trade truce, coupled with conciliatory statements, had suggested a more amenable posture in trade negotiations. Trump announced plans to impose steep...

Politics

8 d. ago Trump threatens China with 200% tariffs if the country withholds magnet exports

Trump threatens China with 200% tariffs if the country withholds magnet exports  Quartz

Politics

8 d. ago Trump Threatens 200% Tariffs On China If Beijing Does Not Export Rare

Trump Threatens 200% Tariffs On China If Beijing Does Not Export Rare-Earth Magnets To US  NDTV Profit

Politics

9 d. ago 'They have to give us magnets': Trump warns of 200% tariff on China if exports are curbed

'They have to give us magnets': Trump warns of 200% tariff on China if exports are curbed  CNBC

Events

9 d. ago Would destroy China: Trump warns Xi of 200% tariffs over ban on magnet exports

Would destroy China: Trump warns Xi of 200% tariffs over ban on magnet exports  India Today

Events

9 d. ago Tariff escalations trigger another decline in US farm exports to China

Tariff escalations trigger another decline in US farm exports to China  Investigate Midwest

Politics

1 week ago Nvidia Readies New China Chip as Washington Debates A.I. Exports

Nvidia Readies New China Chip as Washington Debates A.I. Exports  The New York Times

Events

1 week ago Europe’s scorching heatwave sees demand for Chinese air conditioners sizzle

From Paris to Athens, and Lisbon to Berlin, Europeans are enduring a prolonged and punishing summer heatwave amid global warming. And rising right alongside the blazing temperatures are China’s exports of air conditioners (ACs) to the continent, with a nearly 60 per cent jump by volume in July, compared with the same time last year, according to Chinese customs data. The Spanish capital of Madrid kicked off the week under a yellow alert – the third-highest heat warning on a four-tier scale –...

Society

1 week ago Overseas AI data centre demand powers up China’s diesel generator exports

China’s exports of diesel generator sets are on the rise as the global boom in artificial intelligence (AI) drives investment in data centres, which in turn is fuelling demand for reliable backup power systems – an area where diesel units remain critical. Analysts said diesel generator sets sell for higher prices overseas, opening up vast opportunities for overseas market growth. In the first seven months of this year, China exported 502,463 diesel generator sets, up more than 20 per cent year...

Events

1 week ago China’s Small Exporters Brace for Tariff Storm. How They Are Preparing.

China’s Small Exporters Brace for Tariff Storm. How They Are Preparing.  Barron's

Sport

1 week ago China’s shipments of major fertiliser surge 600%, signalling softer export curbs

Chinese shipments of urea – a major fertiliser and chemical used to reduce emissions – have surged after Beijing reportedly eased an export ban imposed last year to curb domestic prices and maintain food security. Analysts said exports of the chemical – a type of nitrogen used in agriculture as well as to curb diesel and industrial emissions – may continue rising in August and September, as a large portion of the quota remained unused and shipments to India might resume. China exported 567,184...

Politics

2 w. ago Magnetic attraction: China’s exports of permanent magnets surge again

China’s exports of permanent magnets rose to a six-month high in July, marking a second month of growth after the government pledged to accelerate export permit approvals for the rare earth derivative. According to customs data, China exported 5,577 tonnes of permanent magnets last month, up 75 per cent month on month. Rare earth permanent magnets are an essential component in products including electric vehicles, wind turbines, smartphones, aeroplanes and spacecraft. The European Union remained...

Politics

2 w. ago China exports of permanent magnets up, EU biggest buyer with ‘fast

China’s exports of permanent magnets rose to a six-month high in July, marking a second month of growth after the government pledged to accelerate export permit approvals for the rare earth derivative. According to customs data, China exported 5,577 tonnes of permanent magnets last month, up 75 per cent month on month. Rare earth permanent magnets are an essential component in products including electric vehicles, wind turbines, smartphones, aeroplanes and spacecraft. The European Union remained...

Politics

2 w. ago China’s exports to Global South surge, Putin taps Brazil: SCMP daily highlights

Catch up on some of SCMP’s biggest China stories of the day. If you would like to see more of our reporting, please consider subscribing. 1. Trump says he will arrange Putin, Zelensky meeting after speaking with both US President Donald Trump said on Monday that he was brokering a meeting between Ukraine’s President Volodymyr Zelensky and their Russian counterpart, Vladimir Putin, to be followed by a trilateral meeting that would include the US leader. 2. China’s exports, investments to Global...

Politics

2 w. ago Labubu phenomenon drives Pop Mart’s record interim sales, earnings

Pop Mart established itself as the world’s most valuable toy producer and exporter of China’s “soft power” after the global phenomenon of its Labubu plush toys and figurines drove overseas revenue to soar fivefold in the first half. Online and in-store revenue outside mainland China jumped to 5.59 billion yuan (US$778 million) in the first six months, making up about 40 per cent of the Beijing-based group’s total interim sales of 13.88 billion yuan, which beat analysts’ estimates, Pop Mart said...

Politics

2 w. ago BHP Banks on China Export Resilience and India Growth for Demand

BHP Banks on China Export Resilience and India Growth for Demand  Bloomberg.com

Politics

2 w. ago Nvidia plans more powerful chip for China after H20 approval: sources

Nvidia is developing a new artificial intelligence chip for China based on its latest Blackwell architecture that will be more powerful than the H20 model it is currently allowed to sell there, according to two people briefed on the matter. US President Donald Trump last week opened the door to the possibility of more advanced Nvidia chips being sold in China, but the sources noted US regulatory approval was far from guaranteed amid deep-seated fears in Washington about giving China too much...

Politics