88 m. ago US soybean farmers move to reduce dependence on China as trade war grinds on

Soybean farmers in the United States have stepped up efforts to diversify their export markets while maintaining China as a critical buyer, despite ongoing trade tensions between the two superpowers, according to the head of a leading industry association. Jim Sutter, CEO of the US Soybean Export Council, said that while concerns about possible disruptions persist, China’s strong demand for soybeans – a crucial commodity for food and livestock feed – would ensure the US remains an important...

Events

2 h. ago A Niche Plastics Ingredient Becomes a Trade War Bargaining Chip

A Niche Plastics Ingredient Becomes a Trade War Bargaining Chip  Bloomberg

Events

9 h. ago John Lee exclusive interview, Chinese rethink UK degrees: 5 weekend reads

We have put together stories from our coverage last weekend to help you stay informed about news across Asia and beyond. If you would like to see more of our reporting, please consider subscribing. 1. ‘Don’t kill your successful DNA’: Hong Kong’s John Lee on tariffs, trade war 2. ‘It’s too much’: Chinese students reconsider UK degrees as policies harden 3. Loitering with intent: Beijing’s new silent South China Sea strategy? 4. Japan grows restless for next-gen fighter jets as progress with...

Politics

28 h. ago Tech hub Shenzhen launches plan to support consumption, exporters amid trade war

China’s top export city and tech hub, Shenzhen, is stepping up efforts to boost domestic consumption and support exporters amid a turbulent trade war between Beijing and Washington. “Consumption is the fundamental driving force behind economic growth and development,” according to a 39-point plan released by the Shenzhen Municipal Development and Reform Commission on Friday. Shenzhen will leverage its strategic strengths in four key categories: artificial intelligence (AI) terminals, smart home...

Events

37 h. ago ‘Don’t kill your successful DNA’: Hong Kong’s John Lee on tariffs, trade war

Hong Kong will not destroy its “successful DNA” and jeopardise its free-port status by retaliating with counter-tariffs on the US even if geopolitical tensions with China escalate further, the city’s leader has promised. Chief Executive John Lee Ka-chiu said his administration had made “contingency plans for the worst” and would increase support for local businesses in finding “blue oceans” in new markets. In an exclusive, wide-ranging interview with the Post to mark the third anniversary of his...

Events

56 h. ago China's central bank buys gold for seventh straight month in May

China's central bank buys gold for seventh straight month in May  CNBC

Economics

57 h. ago US retailers demand Chinese firms pay shipping costs as trade pressure grows

US retail giants are demanding that their Chinese suppliers split or even bear the full cost of shipping goods across the Pacific, as freight rates skyrocket amid the disruption caused by the trade war, sources at Chinese export firms told the Post. The move is the latest sign of the intense pressure America’s biggest retailers are putting on Chinese factories to absorb more of the additional costs created by the trade war, with the companies facing calls at home to “eat the tariffs”. Until...

Economics

3 d. ago Trade to tech war: why Trump picked his export control head for next China talks

Trade to tech war: why Trump picked his export control head for next China talks  South China Morning Post

Politics

3 d. ago China’s rare earth weapon changes contours of trade war battlefield

China’s rare earth weapon changes contours of trade war battlefield  Reuters

Events

3 d. ago Trump and China's Xi have 'very good' phone call and agree to more talks amid trade war

Trump and China's Xi have 'very good' phone call and agree to more talks amid trade war  Sky News

Politics

3 d. ago Trump and China's Xi break the ice with first phone call since launch of trade war

Trump and China's Xi break the ice with first phone call since launch of trade war  USA Today

Politics

4 d. ago Jim Cramer says Nvidia chips could give the U.S. leverage in the trade war with China

Jim Cramer says Nvidia chips could give the U.S. leverage in the trade war with China  CNBC

Events

4 d. ago Report: China is forcing Apple Intelligence delays as trade war leverage

Report: China is forcing Apple Intelligence delays as trade war leverage  9to5Mac

Events

4 d. ago Apple and Alibaba's AI rollout in China delayed by Trump's trade war, FT reports

Apple and Alibaba's AI rollout in China delayed by Trump's trade war, FT reports  Reuters

Politics

4 d. ago Still ‘over’? Stephen Roach says Hong Kong a surprise winner in US

American economist Stephen Roach has said that Hong Kong has benefited from the US-China trade war despite last year having declared the city to be “over”, even as he claimed that other aspects of the financial hub had worsened. The former Morgan Stanley Asia chairman sparked debate last year after he penned an opinion piece which argued, in part, that Hong Kong would be caught in the “crossfire” of the worsening US-China rivalry. “The word caught is the word that, if I had to write the piece...

Politics

4 d. ago Hong Kong’s still ‘over’ but Stephen Roach says city a surprise trade war winner

American economist Stephen Roach has said that Hong Kong has benefited from the US-China trade war despite last year having declared the city to be “over”, even as he claimed that other aspects of the financial hub had worsened. The former Morgan Stanley Asia chairman sparked debate last year after he penned an opinion piece which argued, in part, that Hong Kong would be caught in the “crossfire” of the worsening US-China rivalry. “The word caught is the word that, if I had to write the piece...

Events

4 d. ago Apple and Alibaba’s AI rollout in China delayed by Donald Trump’s trade war

Apple and Alibaba’s AI rollout in China delayed by Donald Trump’s trade war  Financial Times

Politics

5 d. ago Harvard speech sparks debate, China GDP growth outlook: 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. Privilege or merit? Harvard speech ignites China debate on elite education access Emotional remarks by a Chinese student who delivered this year’s Harvard University commencement speech have sparked a debate in China about barriers to elite education. 2. China’s GDP growth expected to slow next year amid trade strife: OECD China’s economy is projected to...

Politics

6 d. ago Trump trade war has caused these 3 consumer companies to aggressively rethink China

Trump trade war has caused these 3 consumer companies to aggressively rethink China  Yahoo Finance

Politics

6 d. ago Trade war risks could push global shippers to Asia’s arbitration hubs: analysts

The terms “United States exclusion clause” and “China risk clause” were frequently heard at a recent shipping forum hosted by Zhejiang Seaport Group in the eastern city of Ningbo, as uncertainties at sea persist despite the trade war truce reached between the world’s two biggest economies. The event brought together global logistics sector representatives and maritime law experts to consider new contract clauses, strategies and arbitration options, as stakeholders fear that a return of Donald...

Events