7 h. ago ‘Irresistible trend’: why Chinese firms are rushing to open factories in Hungary

When Agosto Bodo took a job at a Chinese law firm’s Budapest office last year, he found himself catapulted into the centre of a China-fuelled investment boom. Yingke Law Firm, a major player in Chinese corporate law, had opened the new office to serve a wave of Chinese companies looking to open factories in Hungary. And the business was quickly gaining momentum. “We helped our clients with sourcing labour, looking for offices – we provided the whole service to help them overcome the language and...

Politics

7 d. ago ‘Trade shocks’ force China’s firms to invest more efficiently: researchers

Chinese firms tend to invest more efficiently when facing higher duties or import restrictions, according to a study that highlights an unexpected benefit of tariffs by analysing data from before the two trade wars with the United States. Published in the peer-reviewed Journal of Corporate Finance, the paper examined more than 2,700 listed firms in China, their financial and accounting data from 2003 to 2016, and the trade barriers imposed on the country during this period. The paper was...

Economics

1 week ago US tariffs to stay in place, China graduate jobs dwindle: 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. US appeal court allows Donald Trump’s tariffs to stay in effect A US federal appeal court has temporarily halted a lower-court ruling against President Donald Trump’s “Liberation Day” reciprocal tariffs, as well as a separate set of fentanyl-related levies on China, Mexico and Canada, the latest in a string of twists that leave the state of global trade...

Politics

1 week ago Wall St set for lower open as Trump says China violated tariff terms

Wall St set for lower open as Trump says China violated tariff terms  Reuters

Politics

1 week ago US appeal court allows Donald Trump’s tariffs to stay in effect

A US federal appeal court has temporarily halted a lower-court ruling against President Donald Trump’s “Liberation Day” reciprocal tariffs, as well as a separate set of fentanyl-related levies on China, Mexico, and Canada. “The request for an immediate administrative stay is granted to the extent that the judgments and the permanent injunctions entered by the Court of International Trade in these cases are temporarily stayed until further notice while this court considers the motions papers,”...

Politics

1 week ago Future battlefield robots, China upgrades destroyer: 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. US appeal court allows Donald Trump’s tariffs to stay in effect A US federal appeals court has temporarily halted a lower-court ruling against President Donald Trump’s “Liberation Day” reciprocal tariffs, as well as a separate set of fentanyl-related levies on China, Mexico, and Canada. 2. US to start ‘aggressively’ revoking visas for Chinese students,...

Events

3 w. ago Trump lowered tariffs on China. Here’s why that won’t spare Americans from price hikes and shortages

Trump lowered tariffs on China. Here’s why that won’t spare Americans from price hikes and shortages  CNN

Politics

3 w. ago Board game designer suing the Trump administration reacts to lowered tariffs against China

Board game designer suing the Trump administration reacts to lowered tariffs against China  WBUR

Politics

3 w. ago JPMorgan lowers recession probability after Trump's tariff truce with China

JPMorgan lowers recession probability after Trump's tariff truce with China  Fox Business

Politics

3 w. ago Bill Ackman Says 'The Rift Is Healing' As China Opens Door To 90

Bill Ackman Says 'The Rift Is Healing' As China Opens Door To 90-Day Tariff Pause, Urges Trump To Lower Levies To 10%  Yahoo Finance

Politics

4 w. ago Trump tariffs seen lowering Chinese firms’ US investment plans

Findings based on survey of Chinese firms in US shortly before ‘Liberation Day’ tariffs were announced.

Economics

4 w. ago Dow soars 1,100 points after Trump team and China dramatically lower tariffs

Dow soars 1,100 points after Trump team and China dramatically lower tariffs  CNN

Politics

4 w. ago Dow soars around 1,000 points higher after Trump team and China dramatically lower tariffs

Dow soars around 1,000 points higher after Trump team and China dramatically lower tariffs  CNN

Politics

4 w. ago Dow soars 1,000 points after Trump team and China dramatically lower tariffs

Dow soars 1,000 points after Trump team and China dramatically lower tariffs  CNN

Politics