9 h. ago Tech hub Shenzhen launches plan to support consumption, exporters amid trade war

China’s top export city and tech hub, Shenzhen, is stepping up efforts to boost domestic consumption and support exporters amid a turbulent trade war between Beijing and Washington. “Consumption is the fundamental driving force behind economic growth and development,” according to a 39-point plan released by the Shenzhen Municipal Development and Reform Commission on Friday. Shenzhen will leverage its strategic strengths in four key categories: artificial intelligence (AI) terminals, smart home...

Events

13 h. ago China signals readiness on rare earth talks, approves more exports

China has approved some qualified rare earth export applications and is ready to deepen dialogue with nations over export controls, the Ministry of Commerce said as the strategic resource continued to take centre stage in Beijing’s trade negotiations with the United States. “We’ve observed growing global demand for medium and heavy rare earths in civilian sectors such as robotics and new energy vehicles, as these industries continue to expand,” the ministry said in a statement posted on its...

Politics

19 h. ago ‘Don’t kill your successful DNA’: Hong Kong’s John Lee on tariffs, trade war

Hong Kong will not destroy its “successful DNA” and jeopardise its free-port status by retaliating with counter-tariffs on the US even if geopolitical tensions with China escalate further, the city’s leader has promised. Chief Executive John Lee Ka-chiu said his administration had made “contingency plans for the worst” and would increase support for local businesses in finding “blue oceans” in new markets. In an exclusive, wide-ranging interview with the Post to mark the third anniversary of his...

Events

22 h. ago China's Export Restrictions Jolt Rare Earths Global Automakers Warn

China's Export Restrictions Jolt Rare Earths Global Automakers Warn  Crude Oil Prices Today | OilPrice.com

Events

34 h. ago China fast tracks rare earth export licences for European companies

China fast tracks rare earth export licences for European companies  Financial Times

Politics

38 h. ago US retailers demand Chinese firms pay shipping costs as trade pressure grows

US retail giants are demanding that their Chinese suppliers split or even bear the full cost of shipping goods across the Pacific, as freight rates skyrocket amid the disruption caused by the trade war, sources at Chinese export firms told the Post. The move is the latest sign of the intense pressure America’s biggest retailers are putting on Chinese factories to absorb more of the additional costs created by the trade war, with the companies facing calls at home to “eat the tariffs”. Until...

Economics

54 h. ago Trade to tech war: why Trump picked his export control head for next China talks

Trade to tech war: why Trump picked his export control head for next China talks  South China Morning Post

Politics

58 h. ago How China’s embrace of rare earth export controls is hitting the global car industry

How China’s embrace of rare earth export controls is hitting the global car industry  Fortune

Events

58 h. ago China’s rare earth weapon changes contours of trade war battlefield

China’s rare earth weapon changes contours of trade war battlefield  Reuters

Events

3 d. ago EU to China: your ‘impressive rise’ must not crush our industries

The European Union’s trade chief Maros Sefcovic has warned China that its “impressive rise must not come at the expense of the European economy” as the bloc continues to push for Beijing to loosen export controls on rare earths and act on trade diversion. Speaking in Brussels on Thursday, two days after meeting Chinese Commerce Minister Wang Wentao, Sefcovic stated that “China has a responsibility to match its support for multilateralism with full respect for the rules meant to ensure fairness...

Politics

3 d. ago Trump and China's Xi have 'very good' phone call and agree to more talks amid trade war

Trump and China's Xi have 'very good' phone call and agree to more talks amid trade war  Sky News

Politics

3 d. ago Trump and China's Xi break the ice with first phone call since launch of trade war

Trump and China's Xi break the ice with first phone call since launch of trade war  USA Today

Politics

3 d. ago Australia's Lynas surges as automakers flag risks from China's rare

Australia's Lynas surges as automakers flag risks from China's rare-earth export curbs  Reuters

Events

3 d. ago Jim Cramer says Nvidia chips could give the U.S. leverage in the trade war with China

Jim Cramer says Nvidia chips could give the U.S. leverage in the trade war with China  CNBC

Events

3 d. ago EU pushes China to address ‘alarming’ rare earth export controls

The EU has urged China to stop restricting the export of rare earth minerals and magnets, with the bloc’s trade chief saying its industries are in an “alarming situation”. The request was made during a meeting between the sides’ top commerce officials in Paris on Tuesday. It comes as sectors across Europe raise the alarm about a shortage of rare earths, which are used to manufacture hi-tech goods ranging from electric cars and smartphones to military tanks and aircraft. “I informed my Chinese...

Events

4 d. ago China Rare Earth Crackdown: Beijing Tightens Export Control Amid Global Shortages

China Rare Earth Crackdown: Beijing Tightens Export Control Amid Global Shortages  Deccan Herald

Politics

4 d. ago Report: China is forcing Apple Intelligence delays as trade war leverage

Report: China is forcing Apple Intelligence delays as trade war leverage  9to5Mac

Events

4 d. ago China's rare earth export curbs hit the auto industry worldwide

China's rare earth export curbs hit the auto industry worldwide  Reuters

Events

4 d. ago Apple and Alibaba's AI rollout in China delayed by Trump's trade war, FT reports

Apple and Alibaba's AI rollout in China delayed by Trump's trade war, FT reports  Reuters

Politics

4 d. ago Still ‘over’? Stephen Roach says Hong Kong a surprise winner in US

American economist Stephen Roach has said that Hong Kong has benefited from the US-China trade war despite last year having declared the city to be “over”, even as he claimed that other aspects of the financial hub had worsened. The former Morgan Stanley Asia chairman sparked debate last year after he penned an opinion piece which argued, in part, that Hong Kong would be caught in the “crossfire” of the worsening US-China rivalry. “The word caught is the word that, if I had to write the piece...

Politics