16 h. ago As Trump urges cap on credit card rates, could China follow suit for online loans?

US President Donald Trump’s call for American credit card interest rates to be capped at 10 per cent for a year has sparked a debate in China about whether Beijing should impose a similar limit on online loans. The discussion comes as many in China – especially younger people – are being enticed by credit offers amid a weak job market and a boom in online loan services. “Apps now keep luring young people into borrowing,” a finance blogger with nearly 500,000 followers wrote in a social media...

Politics

16 h. ago In wake of Trump post, calls mount for China to impose rate cap on online loans

In wake of Trump post, calls mount for China to impose rate cap on online loans  South China Morning Post

Politics

42 h. ago Canada to remove 100% tariffs on Chinese EV imports: prime minister

Canada will remove the additional 100 per cent in tariffs it had imposed on Chinese electric vehicle (EV) imports, Prime Minister Mark Carney said on Friday during a state visit in Beijing. In place of the higher duties, Carney said, Canada will cap import volume and retain a standard tariff rate of 6.1 per cent to shipments within the 49,000-unit limit. Canada’s additional tariffs, covering all EVs made in China, took effect in October 2024, following a similar move from the United States. “In...

Politics

42 h. ago Canada, China hit reset button on relations with tariff agreement

China and Canada have agreed to remove the triple-digit tariffs imposed on each other’s imports – a major thaw in relations after years of icy diplomatic and trade ties – as Canadian Prime Minister Mark Carney wrapped up his state visit in Beijing. Canada will remove the additional 100 per cent in tariffs it had levied on Chinese electric vehicle (EV) imports – imposed in 2024 following a similar move from the United States – while China will lower its tariffs on Canadian canola, Carney said on...

Events

58 h. ago The US imposes 25% tariff on Nvidia’s H200 AI chips headed to China

The US imposes 25% tariff on Nvidia’s H200 AI chips headed to China  TechCrunch

Politics

4 d. ago China slams ‘illegal’ US decision to impose tariffs on states engaging with Iran

China slams ‘illegal’ US decision to impose tariffs on states engaging with Iran  thecradle.co

Events

4 d. ago China criticizes US decision to impose 25% tariffs on countries cooperating with Iran

China criticizes US decision to impose 25% tariffs on countries cooperating with Iran  AzerNews

Culture

5 d. ago Trump says China and Iran’s other trade partners to face additional 25% tariffs

Trump says China and Iran’s other trade partners to face additional 25% tariffs  South China Morning Post

Politics

5 d. ago Trump says China and other countries trading with Iran to face additional 25% tariffs

US President Donald Trump on Monday announced sweeping new tariffs targeting nations maintaining commercial ties with Iran. Effective immediately, the US will impose a 25 per cent tariff on all goods and services imported from any country that “does business” with Iran, Trump said in a social media post. The president characterised the order as “final and conclusive”. “Effective immediately, any country doing business with the Islamic Republic of Iran will pay a tariff of 25% on any and all...

Politics

8 d. ago Mexico Imposes Tariffs on China To Curb ‘Back Door’ to U.S. Market

Mexico Imposes Tariffs on China To Curb ‘Back Door’ to U.S. Market  members.asicentral.com

Economics

1 week ago FM: China always opposes imposing one country's will on another

FM: China always opposes imposing one country's will on another  ecns.cn

Politics

1 week ago Wang Yi: China always opposes imposing one country's will on another

Wang Yi: China always opposes imposing one country's will on another  news.cgtn.com

Politics

1 week ago Chinese FM on Venezuela situation: China always opposes imposing one country's will on another

Chinese FM on Venezuela situation: China always opposes imposing one country's will on another  Xinhua

Politics

2 w. ago Australia ‘disappointed’ with China’s 55% beef tariffs, as US$667 million in trade at risk

Australia’s government is “disappointed” with China’s decision to impose new beef import tariffs, with one industry group warning the move could damage trade worth over A$1 billion (US$667 million) between the two countries. China announced it would impose additional 55 per cent tariffs on some beef imports from countries including Brazil, Australia and the United States that exceed a certain quantity for the next three years. The country also said it would suspend part of a free-trade agreement...

Economics

2 w. ago China imposes curbs on beef imports to protect domestic industry

China imposes curbs on beef imports to protect domestic industry  Reuters

Politics

2 w. ago China to impose additional tariffs of 55% on some beef imports from 2026

China to impose additional tariffs of 55% on some beef imports from 2026  Reuters

Politics

2 w. ago China imposes sanctions on dozens of US weapons manufactures over arms sales to Taiwan

China imposes sanctions on dozens of US weapons manufactures over arms sales to Taiwan  Peoples Dispatch

Economics

2 w. ago Tariffs, truces, Trump’s ‘Liberation Day’: key developments in US

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 signs executive orders imposing steep tariffs on China, Canada and Mexico US President Donald Trump made good on his threat to impose 10 per cent tariffs on Chinese imports and 25 per cent on goods coming from Canada and Mexico, launching a potential trade war less than two weeks into his administration. 2. China to impose tariffs on US products,...

Politics

3 w. ago China imposes countermeasures against 20 US companies, 10 senior executives in response to US arms sales to Taiwan

China imposes countermeasures against 20 US companies, 10 senior executives in response to US arms sales to Taiwan  Global Times

Economics

3 w. ago China imposes countermeasures against U.S. military firms, executives

China imposes countermeasures against U.S. military firms, executives  news.cgtn.com

Events