32 h. ago Xi urges Communist Party to learn from pioneer of China’s economic planning

Chinese President Xi Jinping urged the ruling Communist Party to learn from the legacy of early party figure Chen Yun – a pioneer of China’s economic planning – in remarks on Friday to commemorate the 120th anniversary of the late statesman’s birth. Xi called on the party to have unwavering confidence when facing “chaotic and complex turbulence”, and to strengthen its ability to cut a path for China’s economy with “objective and thorough” research, according to state news agency Xinhua. The...

Economics

46 h. ago Busiest US seaport takes hit from 145% China tariffs, worries remain

Busiest US seaport takes hit from 145% China tariffs, worries remain  Reuters

Events

67 h. ago TikTok’s sister app Douyin courts merchants with lower deposit fees

TikTok owner ByteDance, whose Douyin short video app has emerged as a popular e-commerce shopping platform in China, will cut the guarantee deposit payable by merchants, in a move designed to keep existing sellers and lure new ones amid fierce competition. The deposit, held by the platform on behalf of sellers to cover potential costs such as refunds or penalties, would be capped at 5,000 yuan (US$695), a fraction of the previous maximum of 500,000 yuan. As a result, the deposit payable by...

Events

6 d. ago US tariffs hit China’s exports in May, but June seen as ‘a better month’

China’s export growth slowed last month, weighed down by fewer US orders being made before the two countries came to a 90-day tariff truce. And while June’s prospects look poised to improve, China’s manufacturing and trade sectors remain under strain, according to economists, who also point to lingering uncertainties over American tariffs. China’s May exports were up by 4.8 per cent, year on year, to US$316.1 billion, customs data showed on Monday. The figure followed April’s 8.1 per cent growth...

Events

7 d. ago Officials race to comply with Xi’s austerity rules as inspectors come knocking

As Elon Musk’s so-called Department of Government Efficiency was shaking up federal agencies in America with deep spending cuts, bureaucrats in China were also feeling the heat. Since mid-March, thousands of Chinese officials have been scrambling to comply with President Xi Jinping’s austerity orders – making sure their offices are modest, their meal receipts are in order and returning any lavish gifts – as inspectors carry out checks. The campaign has been running since 2012 and takes aim at...

Politics

9 d. ago BYD’s latest EV price cuts trigger ‘war panic’ as China warns it’s now out of control

BYD’s latest EV price cuts trigger ‘war panic’ as China warns it’s now out of control  Electrek

Events

1 week ago US faces vape shortage as China tariffs, seizures hit Geek Bar

US faces vape shortage as China tariffs, seizures hit Geek Bar  Reuters

Events

1 week ago Japan faces ‘critical’ demographic crisis as birth rate hits historic low

Japan is facing a severe demographic crisis, marked by a historic low in its birth rate alongside a rapidly ageing population. In 2024, the number of babies born in the country fell to 686,061, marking the first time this figure has dropped below 700,000 since record-keeping began in 1899, according to a health ministry announcement on Wednesday. Births dropped by 41,227, or 5.7 per cent, from the previous year. It was only two years ago, in 2022, that the figure fell below the 800,000 birth...

Events

1 week ago Citi Cuts Tech Staff in China, Presses on With Brokerage Plan

Citi Cuts Tech Staff in China, Presses on With Brokerage Plan  WSJ

Politics

1 week ago Citi plans to cut 3,500 tech roles in China as global banks cut costs

Citi plans to cut 3,500 tech roles in China as global banks cut costs  CNBC

Economics

1 week ago Citi plans to slash 3,500 tech roles in China as global banks cut costs

Citi plans to slash 3,500 tech roles in China as global banks cut costs  CNBC

Economics

1 week ago Citi to cut 3,500 tech jobs in China as part of global revamp

Citi to cut 3,500 tech jobs in China as part of global revamp  Reuters

Politics

1 week ago Citi to cut 3,500 technology jobs in China as part of global revamp

Citi to cut 3,500 technology jobs in China as part of global revamp  Yahoo Finance

Politics

1 week ago After Trump cut funding for energy transitions overseas, could China step in?

After Trump cut funding for energy transitions overseas, could China step in?  Dialogue Earth

Politics

1 week ago Tracking Trump: DOGE cuts cause inefficiencies; China accuses Trump of provoking trade tensions; Trump discusses a pardon for Diddy; and more

Tracking Trump: DOGE cuts cause inefficiencies; China accuses Trump of provoking trade tensions; Trump discusses a pardon for Diddy; and more  MSN

Politics

1 week ago US can’t cut China off completely, but must defend AI and American innovation from nonstop theft: Sen Rounds

US can’t cut China off completely, but must defend AI and American innovation from nonstop theft: Sen Rounds  Fox News

Politics

2 w. ago Opinion | Why China’s problem of cutthroat competition demands the world’s attention

Opinion | Why China’s problem of cutthroat competition demands the world’s attention  South China Morning Post

Politics

2 w. ago China Auto Body Slams ‘Vicious Competition’ After BYD Price Cuts

China Auto Body Slams ‘Vicious Competition’ After BYD Price Cuts  Bloomberg.com

Politics

2 w. ago US tariffs to stay in place, China graduate jobs dwindle: 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. US appeal court allows Donald Trump’s tariffs to stay in effect A US federal appeal court has temporarily halted a lower-court ruling against President Donald Trump’s “Liberation Day” reciprocal tariffs, as well as a separate set of fentanyl-related levies on China, Mexico and Canada, the latest in a string of twists that leave the state of global trade...

Politics

2 w. ago China Cut Drone Sales to West But Supplies Them to Russia, Ukraine Says

China Cut Drone Sales to West But Supplies Them to Russia, Ukraine Says  Bloomberg.com

Events