2 h. ago Economist Huang Yiping floats Hong Kong as stablecoin staging ground

Issuing a stablecoin pegged to the offshore yuan in Hong Kong may be more feasible than in mainland China due to the latter’s capital controls, a central bank adviser has said. The comments from Huang Yiping, also dean of Peking University’s National School of Development, came as worries arise in Beijing’s policy circles that Washington could gain an upper hand through the cryptocurrency offshoot as a means of consolidating US dollar dominance. “As China’s capital account is not fully...

Politics

31 h. ago US defence 'made in China': Is Washington ready for war with Beijing

US defence 'made in China': Is Washington ready for war with Beijing - or too dependent to fight?  Times of India

Events

52 h. ago Anthony Albanese denies he’s prioritising Beijing over Washington, says Donald Trump meeting will come

Anthony Albanese denies he’s prioritising Beijing over Washington, says Donald Trump meeting will come  The Nightly

Politics

69 h. ago Will Trump visit China for WWII victory parade? Optimism as speculation swirls

Speculation that US President Donald Trump may visit Beijing in September has sparked “cautious optimism” among some Chinese analysts about a possible diplomatic breakthrough as trade ties between the rival powers teeter on the edge of a fragile truce. A Kyodo report on Sunday citing unnamed sources said that China was planning to invite Trump to its Victory Parade in Tiananmen Square on September 3, marking the 80th anniversary of the end of World War II. When asked to comment on the report on...

Politics

2 d. ago Why China sees US trade deals with partners as a threat – and how it could react

Beijing has renewed its warning to other countries not to strike deals with the United States on terms that come at China’s expense – ahead of Washington’s looming deadline to conclude tariff negotiations with most of its trade partners. Chinese officials are concerned that nations from Europe to Southeast Asia may enter into trade agreements with the US that divert supply chains, reduce bilateral trade with China or compel governments to exit Beijing-led projects, analysts said on Monday. “The...

Events

3 d. ago Beijing warns countries against signing trade deals with US that hurt Chinese interests

Beijing warns countries against signing trade deals with US that hurt Chinese interests  Asia News Network

Events

6 d. ago Beijing, Washington seal framework deal to defuse trade standoff

Beijing, Washington seal framework deal to defuse trade standoff  Malay Mail

Economics

6 d. ago After talks in Geneva in May, Washington and Beijing agreed to temporarily lower steep tit

After talks in Geneva in May, Washington and Beijing agreed to temporarily lower steep tit-for-tat tariffs on each other's products  IslanderNews.com

Politics

6 d. ago Beijing, Washington finalize trade framework after London talks | Daily Sabah

Beijing, Washington finalize trade framework after London talks | Daily Sabah  Daily Sabah

Politics

6 d. ago China, US finalise trade deal as Beijing confirms breakthrough in talks

China said on Friday that it would review and approve export applications for controlled items while the US would also remove some limits – confirming a breakthrough in trade talks centred on export controls. Beijing and Washington have been in close communication since a two-day round of trade talks in London earlier this month, with the two sides further confirming details of the framework, China’s Ministry of Commerce said on Friday afternoon. “China will review and approve export...

Economics

6 d. ago China, US reach agreement on export controls as trade talks bear fruit

China said on Friday that it would review and approve export applications for controlled items while the US would also remove some of its limits – confirming much-needed progress in trade talks centred on the two countries’ extensive, reciprocal export controls. Beijing and Washington have been in close communication since a two-day round of trade talks in London ended earlier this month, with both sides further confirming details of the framework solidified in those meetings, China’s Ministry...

Politics

6 d. ago ‘Chinese will have to be careful’: US trade truce may come, but risks remain

After months of chest-thumping, accusations and threats, look for US-China trade relations to weather an uneasy pause as the giants retreat from extremist positions, guard against backtracking and alter the negotiating dynamic toward an eventual agreement, analysts and former US officials say. The breather follows this month’s London sit-down after the two engaged in a high-stakes tariff battle then went for each other’s jugulars, with China blocking rare earth exports and Washington choking off...

Events

6 d. ago Can Washington Counter Beijing Without Repeating Cold War Mistakes?

Can Washington Counter Beijing Without Repeating Cold War Mistakes?  CSIS | Center for Strategic and International Studies

Events

6 d. ago Harvard Academic Who Met Top Chinese Diplomat Sees US Trade Breakthrough Soon

Harvard Academic Who Met Top Chinese Diplomat Sees US Trade Breakthrough Soon  Bloomberg.com

Politics

7 d. ago Hong Kong’s strengths in bridging East and West amid trade war: finance chief

Hong Kong’s finance minister has dismissed concerns that foreigners are avoiding the city because of its strong connections to the mainland Chinese market amid the trade war, saying that investors are showing their confidence with their capital. At the “Summer Davos” forum on Wednesday, Financial Secretary Paul Chan Mo-po said Hong Kong’s strengths lay in giving investors priority access to the mainland market while helping businesses across the border to go global and diversify their supply...

Events

7 d. ago Hong Kong’s strengths lie in bridging East, West amid trade war: finance chief

Hong Kong’s finance minister has dismissed concerns that foreigners are avoiding the city because of its strong connections to the mainland Chinese market amid the trade war, saying that investors are showing their confidence with their capital. At the “Summer Davos” forum on Wednesday, Financial Secretary Paul Chan Mo-po said Hong Kong’s strengths lay in giving investors priority access to the mainland market while helping businesses across the border to go global and diversify their supply...

Events

8 d. ago US tariffs not only killing trade, but chilling investment, leaders warn

Uncertainties created by the United States’ tariff blitz are not only disrupting global supply chains, but also causing investors to delay decisions, entrepreneurs and policymakers said at the “Summer Davos” forum. The warning at the annual gathering, which kicked off in the northern Chinese city of Tianjin on Tuesday, came as the trade war continued to cast a chill over the global economy, with US President Donald Trump threatening to reimpose tariffs on dozens of countries within...

Events

8 d. ago Chinese airlines’ advantage, Chongqing as key trade hub: 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. As skies in Mideast close, China airlines have key advantage – Russian airspace Western airlines risk suffering greater disruption than their Chinese rivals this summer, as the escalating conflict between Iran and Israel – compounded by US military strikes – forces most carriers to avoid flying over dangerous airspace on China-Europe routes. 2. Suez Canal...

Politics

9 d. ago Chinese association accused of mixing crime and patriotism as it serves Beijing

Chinese association accused of mixing crime and patriotism as it serves Beijing  The Washington Post

Events

9 d. ago Suez Canal on rails? How this inland Chinese city wants to revolutionise global trade

In Tuanjie Village, in the heart of Chongqing – China’s largest inland city, best known for its spicy hotpot – orange gantry cranes hoist cargo onto goods trains bound for Europe and Russia. Each day, hundreds of containers pass through the sprawling 82,000-square-metre yard, exporting electric vehicles and components or returning with cars, meat, wine and dairy. Just a five-minute drive away, blue cranes mark another yard – this one unloading tropical fruits and raw materials from Southeast...

Politics