4 d. ago China, US reach agreement on export controls as trade talks bear fruit

China said on Friday that it would review and approve export applications for controlled items while the US would also remove some of its limits – confirming much-needed progress in trade talks centred on the two countries’ extensive, reciprocal export controls. Beijing and Washington have been in close communication since a two-day round of trade talks in London ended earlier this month, with both sides further confirming details of the framework solidified in those meetings, China’s Ministry...

Politics

4 d. ago US, China reach ‘understanding’, Xi to miss Brics summit: SCMP’s 7 highlights

We have selected seven stories from the SCMP’s coverage over the past week that resonated with our readers and shed light on topical issues. If you would like to see more of our reporting, please consider subscribing. 1. White House says US reaches ‘understanding’ with China on rare earth shipments The United States and China reached a “framework” agreement on how to facilitate rare earth shipments, implementing a deal based on bilateral trade talks that started last month in Geneva,...

Politics

4 d. ago US, China reach ‘understanding’, Xi to miss Brics summit: 7 highlights

We have selected seven stories from the SCMP’s coverage over the past week that resonated with our readers and shed light on topical issues. If you would like to see more of our reporting, please consider subscribing. 1. White House says US reaches ‘understanding’ with China on rare earth shipments The United States and China reached a “framework” agreement on how to facilitate rare earth shipments, implementing a deal based on bilateral trade talks that started last month in Geneva,...

Politics

5 d. ago China’s AI capital spending set to reach up to US$98 billion in 2025: BofA

Capital expenditure on artificial intelligence (AI) in China is forecast to reach 600 billion yuan to 700 billion yuan (US$84 billion to US$98 billion) this year, according to a Bank of America (BofA) report, as the mainland and the United States race for primacy in the vital technology. That would represent as much as a 48 per cent overall growth this year for China’s AI capex from 2024, BofA Securities’ co-head of China equity research Matty Zhao, who also heads Asia-Pacific basic materials,...

Economics

1 week ago China will boost the yuan’s global reach with new operations centre, PBOC says

China will set up an “international operations centre” for the digital yuan to boost the global influence of the renminbi, People’s Bank of China Governor Pan Gongsheng announced at the Lujiazui Forum in Shanghai on Wednesday. The measure was among eight financial policies Pan announced during the opening of the annual finance-facing forum, which also included pledges that China would pilot a range of structural monetary policy tools in Shanghai. The policies come at a time when growing tensions...

Politics

1 week ago Central Asia and China Reach Eternal Strategic Partnership, Says President Tokayev

Central Asia and China Reach Eternal Strategic Partnership, Says President Tokayev  The Astana Times

Politics

2 w. ago U.S., China reach trade truce after two days of talks, Trump says

U.S., China reach trade truce after two days of talks, Trump says  The Globe and Mail

Politics

2 w. ago Live: Bessent testifies as US, China reach trade deal framework

Live: Bessent testifies as US, China reach trade deal framework  NewsNation

Economics

2 w. ago US, China Reach Trade Deal, But It Could Be Bad News for the Price of Electronics

US, China Reach Trade Deal, But It Could Be Bad News for the Price of Electronics  PCMag

Economics

2 w. ago U.S. And China Reach Trade Deal Including Loosened Controls On Crucial Rare Earths, Trump Says

U.S. And China Reach Trade Deal Including Loosened Controls On Crucial Rare Earths, Trump Says  Forbes

Politics

2 w. ago US, China reach trade deal, pending approval from Trump and Xi

US, China reach trade deal, pending approval from Trump and Xi  NewsNation

Politics

2 w. ago US, China reach 'framework' to implement trade deal, Lutnick says

US, China reach 'framework' to implement trade deal, Lutnick says  Fox Business

Economics

2 w. ago US stock futures lower after US, China reach trade deal that awaits presidential sign offs

US stock futures lower after US, China reach trade deal that awaits presidential sign offs  USA Today

Politics

2 w. ago US stock futures lower after US and China reach trade agreement

US stock futures lower after US and China reach trade agreement  USA Today

Politics

2 w. ago Stock market today: Dow, S&P 500, Nasdaq futures slip as US, China reach trade plan, with CPI inflation on deck

Stock market today: Dow, S&P 500, Nasdaq futures slip as US, China reach trade plan, with CPI inflation on deck  Yahoo Finance

Economics

2 w. ago Dollar, yuan steady after US, China reach framework deal to ease export curbs

Dollar, yuan steady after US, China reach framework deal to ease export curbs  Reuters

Economics

2 w. ago US, China reach deal to ease export curbs, keep tariff truce alive

US, China reach deal to ease export curbs, keep tariff truce alive  Reuters

Economics

2 w. ago Dollar holds steady after US, China reach framework deal to ease export curbs

Dollar holds steady after US, China reach framework deal to ease export curbs  Reuters

Economics

2 w. ago U.S., China reach "framework" to activate last month's trade deal

U.S., China reach "framework" to activate last month's trade deal  Axios

Economics