53 h. ago Trade tensions between the U.S. and China are escalating ahead of Trump

Trade tensions between the U.S. and China are escalating ahead of Trump-Xi meeting  NPR

Politics

4 d. ago China has a new 500 billion yuan ‘financial instrument’. How will it be used?

China’s top economic planner, the National Development and Reform Commission (NDRC), confirmed last month that Beijing was setting up a new “policy-based financial instrument” worth 500 billion yuan (US$70 billion). The special financing tool was first proposed in April – when trade tensions between China and the United States were rapidly escalating – to provide an extra injection of funding to accelerate domestic innovation and support the economy. It has the potential to drive trillions of...

Economics

4 d. ago Gold Climbs to Record on Bank Woes, Fed Bets and Trade Tensions

Gold Climbs to Record on Bank Woes, Fed Bets and Trade Tensions  Yahoo Finance

Events

6 d. ago Apple CEO Tim Cook pledges increased investment in China in meeting with MIIT

Apple CEO Tim Cook on Wednesday committed the US tech company to increased investment in China, even as trade tensions intensify between the world’s two largest economies. Cook made the pledge in a meeting with Li Lecheng, who heads the Ministry of Industry and Information Technology (MIIT), in Beijing after the US executive spent two days in Shanghai during his second visit to China this year. The two sides “exchanged views on the development of Apple’s business in China and strengthening...

Economics

6 d. ago Dollar under pressure on Fed rate cut bets, China trade tensions

Dollar under pressure on Fed rate cut bets, China trade tensions  Reuters

Events

6 d. ago Stocks wobble as trade tensions between the U.S. and China escalate

Stocks wobble as trade tensions between the U.S. and China escalate  Los Angeles Times

Events

7 d. ago Trade tensions between the U.S. and China rise as new port fees start

Trade tensions between the U.S. and China rise as new port fees start  CBS News

Events

9 d. ago Hong Kong’s Paul Chan to attend IMF, World Bank meetings in Washington

Hong Kong’s finance chief will attend the annual meetings of the IMF and the World Bank in Washington for the first time since 2019, despite a dramatic re-escalation of trade tensions between the United States and China. Financial Secretary Paul Chan Mo-po said on Sunday that aside from the two meetings, which he will attend as part of China’s delegation, he would join other events to promote the city’s strengths and development efforts while also addressing “topics of concern”. In a weekly blog...

Politics

9 d. ago Hong Kong’s Paul Chan to attend IMF, World Bank events in US, a first since 2019

Hong Kong’s finance chief will attend the annual meetings of the IMF and the World Bank in Washington for the first time since 2019, despite a dramatic re-escalation of trade tensions between the United States and China. Financial Secretary Paul Chan Mo-po said on Sunday that in addition to the two meetings, which he will attend as part of China’s delegation, he would join other events to promote the city’s strengths and development efforts while also addressing “topics of concern”. In a weekly...

Politics

1 week ago Trump to slap new 100 per cent tariff on Chinese goods, along with additional tech controls

In a major escalation of trade tensions between the world’s two largest economies, US President Donald Trump on Friday announced an additional tariff of 100 per cent on all Chinese imports, on top of levies already in place. “Starting November 1st, 2025 (or sooner, depending on any further actions or changes taken by China), the United States of America will impose a tariff of 100 per cent on China, over and above any tariff that they are currently paying”, he said in a social media post. “Also...

Politics

3 w. ago Is China’s ‘going global’ strategy at risk after US widens its trade blacklist?

Washington’s decision to broaden its trade blacklist could put many overseas subsidiaries of Chinese firms under scrutiny, potentially disrupting their “going global” strategies and reigniting trade tensions between the two superpowers, analysts said. The US Bureau of Industry and Security (BIS) announced on Monday that any company at least 50 per cent owned by firms already on the US Entity List or the Military End-User List – which target entities Washington deems a security threat – will now...

Events