7 h. ago US, China ‘creeping’ toward agreement; Airbus signs deal: 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 and China are ‘creeping’ towards a trade deal, former ambassador Burns says Washington and Beijing are on a “creeping path towards some kind of a deal”, former US ambassador to China Nicholas Burns said on Tuesday, while offering some rare support for US President Donald Trump’s tariff strategy towards China. 2. China’s foreign minister urges SCO to work...

Events

10 h. ago Trump tariffs live updates: Trump signals drug tariffs may come by Aug. 1, announces deal with Indonesia

Trump tariffs live updates: Trump signals drug tariffs may come by Aug. 1, announces deal with Indonesia  Yahoo Finance

Politics

16 h. ago US and China are ‘creeping’ towards a trade deal, former ambassador Burns says

Washington and Beijing are on a “creeping path towards some kind of a deal”, former US ambassador to China Nicholas Burns said on Tuesday, while offering some rare support for US President Donald Trump’s tariff strategy towards China. Burns, who served as envoy to Beijing under former president Joe Biden from 2022 until this year, told a crowd at the Aspen Security Forum in Colorado that both sides had strong economic incentives to reach a trade agreement. He also pushed back against the...

Events

16 h. ago Former US envoy backs Trump tariffs, says China deserves ‘tough

Washington and Beijing are on a “creeping path towards some kind of a deal”, former US ambassador to China Nicholas Burns said on Tuesday, while offering some rare support for US President Donald Trump’s tariff strategy towards China. Burns, who served as envoy to Beijing under former president Joe Biden from 2022 until this year, told a crowd at the Aspen Security Forum in Colorado that both sides had strong economic incentives to reach a trade agreement. He also pushed back against the...

Politics

17 h. ago Beijing firmly opposes Trump’s secondary tariffs threat to Russia

Beijing firmly opposes Trump’s secondary tariffs threat to Russia  WION

Politics

19 h. ago ‘Protectionist’: China’s swipe at Trump tariffs in Albo meeting

‘Protectionist’: China’s swipe at Trump tariffs in Albo meeting  dailytelegraph.com.au

Politics

23 h. ago The EU is doing itself no trade favours in pushing China on Russia

Ahead of the China-European Union summit, set to take place in Beijing on July 24, the 27-nation bloc seems determined to adopt a firm stance in its relationship with the world’s second-largest economy. While accusing China of aiding Russia’s war efforts in Ukraine, the EU also seeks what it sees as fairer economic relations. But can the growing pressure influence Beijing’s position on Moscow and the Ukraine conflict? In a recent speech, European Commission President Ursula von der Leyen said...

Politics

25 h. ago China takes veiled swipe at Trump's tariffs amid calls for greater ties with Australia

China takes veiled swipe at Trump's tariffs amid calls for greater ties with Australia  Australian Broadcasting Corporation

Politics

30 h. ago Trump claims Indonesia trade deal; Bessent calls China deal timeline ‘flexible’

US President Donald Trump said on Tuesday that his administration had reached a trade deal with Indonesia, while his Treasury Department chief cut China some slack on the deadline for a final deal of its own. Speaking to reporters at the White House on Tuesday, Trump said that Indonesia would charge no tariffs on US imports, while exports from the southeast Asian country to America would be subject to a 19 per cent levy. “They are going to pay 19 per cent and we are going to pay nothing ... we...

Politics

30 h. ago Alibaba, JD.com, Baidu Stocks Rise. China’s Economy Shows Resilience to Trump Tariffs.

Alibaba, JD.com, Baidu Stocks Rise. China’s Economy Shows Resilience to Trump Tariffs.  Barron's

Politics

34 h. ago India in a fix over Trump’s tariff threat aimed at Russian oil

US President Donald Trump’s threat to impose steep secondary tariffs on countries trading with Russia has raised alarm in India over the future of its discounted oil purchases from Moscow, with analysts warning the issue could complicate negotiations on a bilateral trade deal with Washington. Trump vowed on Monday to impose “very severe tariffs” if Russia did not end its war in Ukraine within 50 days. Washington would target Moscow’s remaining trade partners with measures aimed at choking off...

Politics

40 h. ago China GDP: Economic growth beats expectations as Trump tariffs loom

China GDP: Economic growth beats expectations as Trump tariffs loom  BBC

Economics

42 h. ago Oil prices dip as traders weigh Trump’s Russia tariff warning, China Q2 GDP

Oil prices dip as traders weigh Trump’s Russia tariff warning, China Q2 GDP  Investing.com

Events

45 h. ago My Take | ‘Comrade’ is no longer in fashion in China, but some people still want to bring it back

My Take | ‘Comrade’ is no longer in fashion in China, but some people still want to bring it back  South China Morning Post

Politics

48 h. ago Trump tariffs live updates: EU warns of 'big gap' as Trump amps up threats on EU, Canada, Mexico

Trump tariffs live updates: EU warns of 'big gap' as Trump amps up threats on EU, Canada, Mexico  Yahoo Finance

Events

53 h. ago Trump to Russia: 100% ‘secondary’ tariffs if no deal on Ukraine

Voicing sharp frustration with Russian President Vladimir Putin, US President Donald Trump on Monday threatened to impose 100 per cent “secondary” tariffs on any country doing business with Russia if a Ukraine ceasefire isn’t secured within 50 days. Speaking alongside Nato Secretary General Mark Rutte in the Oval Office, Trump took direct aim at Putin as he also announced plans to boost arms sales to the transatlantic alliance in support of Ukraine. “I’m disappointed in President Putin, because...

Politics

53 h. ago Trump threatens Russia with 100% ‘secondary’ tariffs if no deal on Ukraine

Voicing sharp frustration with Russian President Vladimir Putin, US President Donald Trump on Monday threatened to impose 100 per cent “secondary” tariffs on any country doing business with Russia if a Ukraine ceasefire isn’t secured within 50 days. Speaking alongside Nato Secretary General Mark Rutte in the Oval Office, Trump took direct aim at Putin as he also announced plans to boost arms sales to the transatlantic alliance in support of Ukraine. “I’m disappointed in President Putin, because...

Politics

54 h. ago Move away from US: China exports emerge strong despite Donald Trump’s tariff chaos; is the record trade s

Move away from US: China exports emerge strong despite Donald Trump’s tariff chaos; is the record trade s  Times of India

Politics

55 h. ago China's exports are booming despite Trump's tariffs. What's behind the numbers

China's exports are booming despite Trump's tariffs. What's behind the numbers  Quartz

Politics

55 h. ago China’s ‘energy ring’; Trump’s ‘Big Beautiful Bill’: 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. How Trump’s latest tariffs on allies, rivals could fund his ‘Big Beautiful Bill’ As the ink on US President Donald Trump’s signature “One Big Beautiful Bill” barely dried, he turned his focus back to tariffs, ending a three-month lull in global trade tensions. 2. China’s exports accelerate in June as US trade truce creates opening China’s exports recorded a...

Politics