14 h. ago As Trump urges cap on credit card rates, could China follow suit for online loans?

US President Donald Trump’s call for American credit card interest rates to be capped at 10 per cent for a year has sparked a debate in China about whether Beijing should impose a similar limit on online loans. The discussion comes as many in China – especially younger people – are being enticed by credit offers amid a weak job market and a boom in online loan services. “Apps now keep luring young people into borrowing,” a finance blogger with nearly 500,000 followers wrote in a social media...

Politics

40 h. ago Canada to remove 100% tariffs on Chinese EV imports: prime minister

Canada will remove the additional 100 per cent in tariffs it had imposed on Chinese electric vehicle (EV) imports, Prime Minister Mark Carney said on Friday during a state visit in Beijing. In place of the higher duties, Carney said, Canada will cap import volume and retain a standard tariff rate of 6.1 per cent to shipments within the 49,000-unit limit. Canada’s additional tariffs, covering all EVs made in China, took effect in October 2024, following a similar move from the United States. “In...

Politics

51 h. ago US bill approving US$300 million for Taiwan’s military passed in House

A US spending bill approving US$300 million in cash assistance for Taiwan’s military has passed the House of Representatives and is expected to become law. On Wednesday, the House passed a two-bill government spending package that would fund the Departments of the Treasury and State through September, along with other federal agencies, bringing the total to eight of 12 annual spending bills needed by January 30, to avoid a government shutdown. The bills must now clear the Senate before they can...

Economics

52 h. ago US lawmakers propose US$2.5 billion agency to boost production of rare earths

A bipartisan group of lawmakers has proposed creating a new agency with US$2.5 billion to spur production of rare earths and the other critical minerals, while the Trump administration has already taken aggressive actions to break China’s grip on the market for these materials that are crucial to hi-tech products, including mobile phones, electric vehicles, jet fighters and missiles. It is too early to tell how the bill, if passed, could align with the White House’s policy but whatever the...

Economics

3 d. ago US eases ban on Nvidia's H200 chip sales to China as Beijing urges firms to limit orders

US eases ban on Nvidia's H200 chip sales to China as Beijing urges firms to limit orders  Türkiye Today

Economics

4 d. ago China’s "Artificial Sun" Exceeds The Greenwald Limit For The First Time, Breaking Nuclear Fusion Density Record

China’s "Artificial Sun" Exceeds The Greenwald Limit For The First Time, Breaking Nuclear Fusion Density Record  IFLScience

Events

4 d. ago House Passes Bill to Limit China’s Remote Access to U.S. Chips

House Passes Bill to Limit China’s Remote Access to U.S. Chips  The Information

Politics

5 d. ago China’s Fusion Reactor Reached an ‘Unbreakable’ Limit—and Broke Right Through It

China’s Fusion Reactor Reached an ‘Unbreakable’ Limit—and Broke Right Through It  Popular Mechanics

Politics

8 d. ago China's 'artificial sun' reactor shatters major fusion limit — a step closer to near

China's 'artificial sun' reactor shatters major fusion limit — a step closer to near-limitless clean energy.  Live Science

Politics

9 d. ago US senate rejects Trump’s Venezuela threats with war powers vote

The Senate advanced a resolution Thursday that would limit US President Donald Trump’s ability to conduct further attacks against Venezuela, sounding a note of disapproval for his expanding ambitions in the western hemisphere. Democrats and five Republicans voted to advance the war powers resolution on a 52-47 vote and ensure a vote next week on final passage. It has virtually no chance of becoming law because Trump would have to sign it if it were to pass the Republican-controlled House. Still,...

Politics

1 week ago Tariffs, quotas, and registration hurdles limit U.S. beef access to China

Tariffs, quotas, and registration hurdles limit U.S. beef access to China  Brownfield Ag News

Politics

1 week ago China Moves Closer to Fusion Breakeven as Scientists Beat a Key Limit

China Moves Closer to Fusion Breakeven as Scientists Beat a Key Limit  Crude Oil Prices Today | OilPrice.com

Politics

1 week ago China’s “artificial sun” just broke a fusion limit scientists thought was unbreakable

China’s “artificial sun” just broke a fusion limit scientists thought was unbreakable  ScienceDaily

Politics

2 w. ago China Is Putting a Hard Limit on How Much Energy EVs Can Use

China Is Putting a Hard Limit on How Much Energy EVs Can Use  Autoblog

Politics

2 w. ago China Moves to Quell Silver Frenzy: Fund Plunges After Three

China Moves to Quell Silver Frenzy: Fund Plunges After Three-Day Limit-Up Streak  FXLeaders

Politics

3 w. ago Trump tariffs spur copycat policies as countries try to limit China imports

Trump tariffs spur copycat policies as countries try to limit China imports  Nikkei Asia

Politics

3 w. ago China Union Jumps by Limit on Plan to Buy Argentine Lithium Brine Miner for USD175 Million

China Union Jumps by Limit on Plan to Buy Argentine Lithium Brine Miner for USD175 Million  Yicai Global

Economics