13 h. ago East Asia faces fresh US tariffs, China rare earth curbs: 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. Apparently impatient Trump slaps 25% tariffs on Japan, South Korea US President Donald Trump, apparently impatient with the slow progress of negotiations, on Monday slapped 25 per cent unilateral tariffs on Japan and South Korea and equal or higher import taxes on several other nations ahead of a self-imposed Wednesday deadline. 2. Rare earth dominance: why...

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14 h. ago Nissan to scale back production plan for new EV due to China rare earth curbs, Kyodo reports

Nissan to scale back production plan for new EV due to China rare earth curbs, Kyodo reports  Reuters

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1 week ago China’s rare earth curbs spur overseas projects, says US developer

China’s rare earth curbs spur overseas projects, says US developer  South China Morning Post

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1 week ago India taking steps to mitigate disruptions due to China's rare earth curbs

India taking steps to mitigate disruptions due to China's rare earth curbs  Reuters

Politics

1 week ago Outgoing US envoy says little chance to meet Hong Kong officials during term

America’s outgoing top diplomat in Hong Kong has said he had little opportunity to meet local officials during his tenure, while also noting that the implementation of the national security law five years ago remains a source of friction. Speaking at an American Independence Day event on Thursday, United States Consul General Gregory May also confirmed an earlier report from the Post that he would soon depart Hong Kong to take on a senior role in the country’s embassy in Beijing. May, who was...

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2 w. ago ‘Partners, not rivals’: China, India agree to boost ties as top officials meet

China and India affirmed their commitment to improving bilateral ties and maintaining border peace in a meeting in Beijing on Monday between Ajit Doval, the Indian national security adviser, and Chinese Foreign Minister Wang Yi. Wang said there had been some progress in bilateral relations and it was essential for both sides to further improve communication, build mutual trust, and work towards resolving practical issues, according to a Chinese foreign ministry statement. He called on both sides...

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2 w. ago China’s magnet exports to US slammed in May as Beijing’s rare earth curbs hit: data

China’s magnet exports to US slammed in May as Beijing’s rare earth curbs hit: data  MSN

Events

2 w. ago China’s magnet exports to US slammed in May as rare earth curbs hit: data

The volume of China’s export shipments of magnets to the US, a chokepoint in the ongoing trade war between the world’s two largest economies, plunged in volume by 93.3 per cent in May, year on year, according to the latest customs data. China exported around 46.4 tonnes of magnets to the US last month. It was also a sharp month-on-month decline of 81 per cent from 246.3 tonnes shipped in April. The total export of magnets, which dominate China’s critical minerals shipments, fell by nearly 74.3...

Events

2 w. ago China's rare earth magnet shipments halve in May due to export curbs

China's rare earth magnet shipments halve in May due to export curbs  Reuters

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3 w. ago Canada to mine more amid geopolitical tensions: former minister Bill Morneau

Canada’s new government will invest more in mining at a time when the country’s economy and manufacturing sector are facing “challenges” related to China’s curbs on rare earth exports, Bill Morneau, former Canadian finance minister, told the Post. “One of the challenges for Canada is that we will need to increase our own mining,” Morneau, who was in office between 2015 and 2020 under then-prime minister Justin Trudeau, said in Shanghai on Friday. “The initiative by new [Prime Minister] Mark...

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3 w. ago India, China Tackle Rare Earth Curbs in Meeting of Top Officials

India, China Tackle Rare Earth Curbs in Meeting of Top Officials  Bloomberg

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3 w. ago India in touch with China to restore supply chains after Beijing's rare earth export curbs

India in touch with China to restore supply chains after Beijing's rare earth export curbs  Telegraph India

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3 w. ago Hong Kong’s John Lee seeks closer ties in meeting with EU officials

Hong Kong’s leader has sought to deepen ties with the EU in a meeting with the bloc’s representatives, saying the city will remain a free port despite growing protectionism globally. Chief Executive John Lee Ka-chiu said on Wednesday that he had hosted a lunch attended by Harvey Rouse, head of the Office of the European Union to Hong Kong and Macau, as well as 15 consuls general from the bloc’s member countries. The gathering served as a platform for direct dialogue and an exchange of views,...

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4 w. ago Bitcoin surges to $108,000 as top US and Chinese officials meet to discuss tariffs

Bitcoin surges to $108,000 as top US and Chinese officials meet to discuss tariffs  Fortune

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4 w. ago US and Chinese officials meet in London for pivotal trade talks

US and Chinese officials meet in London for pivotal trade talks  Reuters

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4 w. ago Tariffs Latest: U.S., China Officials Meet in London. Rare Earths Are Focus.

Tariffs Latest: U.S., China Officials Meet in London. Rare Earths Are Focus.  Barron's

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4 w. ago US and China officials are meeting for trade talks in London – business live

US and China officials are meeting for trade talks in London – business live  The Guardian

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4 w. ago China's rare earth exports jump 23% in May despite export curbs

China's rare earth exports jump 23% in May despite export curbs  Reuters

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