7 d. ago Bessent Says US Hopes to See China Magnets Flow at ‘Faster Rate’

Treasury Secretary Scott Bessent said the US is hopeful China will do more to ease the export of rare earth magnets after last month’s deal between the two countries, saying flows had still not returned to levels seen in early April.

Other

9 d. ago China Shows Off Tech Resilience in Face of Trump Export Controls

As Donald Trump brandishes US export controls on technology as a bargaining chip to wrest supplies of rare earth magnets from Beijing, China is showcasing what it can do without the most advanced American semiconductors.

Economics

2 w. ago China Expands Its Coal Exports and Shrinks Imports Due to Glut

China’s coal glut is resulting in an increasing number of unwanted cargoes being offered abroad.

Economics

3 w. ago China grants rare earth export permits after US trade talks, offers relief but uncertainty persists

OMAHA, Neb. (AP) — The high-level negotiations over China’s export controls of rare earths is giving U.S. businesses some relief, even though it may be only for now. China has approved “a certain number” of export permits for rare earth elements and related items, its commerce ministry said on Thursday, one day after U.S. President […]

Economics

3 w. ago US Makes Export Controls Negotiable as Part of China Trade Talks

Trade talks between the US and China this week cemented a seismic change in Washington’s approach to the countries’ economic relationship: US export curbs, meant to keep sensitive technologies out of Beijing’s hands, are now explicitly up for negotiation.

Economics

last month China’s exports climb 4.8% in May as shipments to the US fall nearly 10%

BEIJING (AP) — China’s exports rose 4.8% in May from a year earlier, a bit lower than expected as shipments to the United States fell nearly 10%, according to customs figures released Monday just hours ahead of another round of trade talks between the U.S. and China. Imports declined 3.4% year-on-year, leaving a trade surplus […]

Economics

last month China says its exports to the US fell nearly 10% in May, as trade talks are due to start in London

China’s exports to the United States sank fell nearly 10% in May from a year earlier, new customs data show, adding to pressure on the world’s second largest economy as a new round of trade talks with Washington was due to start later Monday in London. China’s total exports rose 4.8% last month, slowing from […]

Economics