3 d. ago Beijing approves convention establishing global mediation organisation in Hong Kong

Beijing has approved the convention establishing the world’s first intergovernmental organisation on mediation in Hong Kong, while indicating it would not bring forth World Trade Organization (WTO) disputes to the new body. Observers said on Friday the move was an indication of Beijing’s support for the WTO and that it would still bring other disputes to the new organisation. The state-run Xinhua News Agency said the Standing Committee of the National People’s Congress had approved the...

Politics

3 d. ago China industrial profits sink 9% in May on ‘weak demand’, US trade dispute

China’s industrial profits fell by more than 9 per cent in May over the same month of 2024, according to data released on Friday, reflecting what analysts said was weak domestic demand for minerals and motor vehicles, coupled with ramifications of the US-China tariff dispute. The National Bureau of Statistics said profits for industrial companies making more than 20 million yuan a year in revenue dropped in May by 9.1 per cent, year on year. Industrial profits fell 9.7 per cent in May over...

Politics

4 d. ago China's Industrial Profit Slumps. It Shows Why Beijing Needed a U.S. Trade Deal.

China's Industrial Profit Slumps. It Shows Why Beijing Needed a U.S. Trade Deal.  Barron's

Economics

4 d. ago China industrial profits slide as trade war uncertainty sets in

China industrial profits slide as trade war uncertainty sets in  Financial Times

Events

4 d. ago China’s Industrial Profits Sink on US Tariffs, Deflation Woes

China’s Industrial Profits Sink on US Tariffs, Deflation Woes  Bloomberg

Economics

4 d. ago China's industrial profits plunge 9.1%, steepest fall in seven months

China's industrial profits plunge 9.1%, steepest fall in seven months  CNBC

Politics

6 d. ago ‘Tactical move’: Japan just cancelled key US security talks. Why?

Japan’s abrupt cancellation of scheduled security talks with the United States reflects a calculated effort to deflect mounting American pressure and prevent Washington from intertwining trade disputes with defence obligations, analysts say. Tokyo is also angling to re-engage with Washington after the Upper House election on July 20, hoping to negotiate from “a position of domestic strength”, according to observers. The Financial Times first reported on Friday that Japan had called off a planned...

Events

6 d. ago China decries latest EU trade salvo putting medical devices in the line of fire

China has hit back at the EU’s decision to exclude Chinese companies from the 27-member bloc’s public tenders for multi-million-euro medical devices – the latest items on a growing list of trade disputes between Beijing and Brussels. “The European side has disregarded the goodwill and sincerity that China has repeatedly conveyed through bilateral dialogues,” a spokesperson for the Ministry of Commerce said on Tuesday. “China is strongly dissatisfied with the decision and resolutely opposes...

Events

2 w. ago US and China say they have agreed on framework to resolve trade disputes

US and China say they have agreed on framework to resolve trade disputes  WCVB

Politics

2 w. ago The US and China say they have agreed on a framework to resolve their trade disputes

The US and China say they have agreed on a framework to resolve their trade disputes  AP News

Politics

2 w. ago Trump administration and China agree on "framework" to ease trade war disputes

Trump administration and China agree on "framework" to ease trade war disputes  CBS News

Politics

2 w. ago The US and China have agreed on a framework to resolve their trade disputes

The US and China have agreed on a framework to resolve their trade disputes  AP News

Politics

3 w. ago Trump speaks to China's Xi amid ongoing dispute over trade truce

Trump speaks to China's Xi amid ongoing dispute over trade truce  CBS News

Politics

3 w. ago Trump says China’s Xi ‘hard to make a deal with’ amid trade dispute

Trump says China’s Xi ‘hard to make a deal with’ amid trade dispute  Al Jazeera

Politics

3 w. ago Washington and Beijing Prepare for Potential Call amid Trade Disputes

Washington and Beijing Prepare for Potential Call amid Trade Disputes  kaohoon international

Politics

3 w. ago China warns US pressure tactics won’t work for trade talks to happen

Beijing on Tuesday urged Washington to “respect facts, stop spreading disinformation, and correct its wrong practices” to create conditions for meaningful dialogue amid a dispute between the world’s two largest economies over a recent trade deal. “Pressure and coercion are not the right way to engage with China,” foreign ministry spokesman Lin Jian said in Beijing a day after the White House said that it was “likely” that US President Donald Trump would speak with Chinese President Xi Jinping...

Events

4 w. ago BTG Pactual eyes Hong Kong expansion as China and Brazil strengthen ties

Brazilian investment bank BTG Pactual is seeking to expand its operations in Asia, eyeing opportunities arising from the growing demand for data centres among Chinese artificial intelligence (AI) firms, as Beijing and Brasília strengthen their trade and investment ties amid tariff disputes with the US. Established in 1983, BTG is one of Brazil’s largest banks, with a presence across Latin America, the US, Europe and the Middle East. During an interview with the Post in Hong Kong on Saturday, BTG...

Politics

4 w. ago BTG Pactual eyes Hong Kong growth as China, Brazil strengthen ties

Brazilian investment bank BTG Pactual is seeking to expand its operations in Asia, eyeing opportunities arising from the growing demand for data centres among Chinese artificial intelligence (AI) firms, as Beijing and Brasília strengthen their trade and investment ties amid tariff disputes with the US. Established in 1983, BTG is one of Brazil’s largest banks, with a presence across Latin America, the US, Europe and the Middle East. During an interview with the Post in Hong Kong on Saturday, BTG...

Politics

4 w. ago US President Trump, China’s Xi Jinping likely to speak soon on minerals trade dispute

US President Trump, China’s Xi Jinping likely to speak soon on minerals trade dispute - Reuters  FXStreet

Politics