“China will fight to the bitter end of any trade war,” the foreign ministry spokesperson in Beijing declared, after China announced tit-for-tat tariffs on agricultural imports from the US. This came within minutes of a…
Monthly Archives For March 2025
China vows to ‘fight till the end’ as Trump escalates trade war
As President Donald Trump unleashes sweeping changes across the US government and overturns decades of American foreign policy, Chinese leader Xi Jinping is preparing to hold a major political gathering designed to project tightly-controlled stability.
The Economy and AI Are Likely to Be Among the Top Issues for China’s Legislature
Harnessing the power of artificial intelligence and shoring up the economy are among the issues expected to top the agenda when China’s legislature meets Wednesday in Beijing
Illumina Stock Drops as China Bans Imports of Gene Sequencing Technology
Illumina stock slid on Tuesday after China banned imports of the biotech’s gene sequencing machines as part of a broader retaliatory response to U.S. tariffs. Shares of Illumina slipped 3.6% to $81.16 as President Donald…
China vows to fight to “the bitter end” as it launches response to Trump’s trade war
China has introduced steep tariffs on agricultural goods in the US, and has vowed to combat President Donald Trump’s trade war with a fight to the “bitter end.”
Cotton Prices Fall to Four-Year Low After China Hits U.S. Exports With Tariffs
Prices for cotton—one of the commodities targeted by 15% retaliatory tariffs China has set for next week—shed another 3% in morning trading and haven’t been so low since the summer of 2020. The U
Crypto officially enters bear market after losing $1 trillion since December
According to The Kobeissi Letter, crypto markets have now lost $1 trillion in market cap since Dec. 18, marking a 26% decline from all-time highs. Treasury Secretary Scott Bessent hinted at possible …
Crypto Market Nears ‘Extreme Fear’ as Bitcoin Drops Below $84K in $500B Sell-Off
The crypto market hit hard as Bitcoin drops below $84K in a $500B sell-off, driven by CME futures gap corrections and global trade tensions.
Brace Yourself: Everyday Items That Will Cost More Due to New Tariffs on China, Mexico, and Canada
Americans will be paying more for everything from avocados to smartphones. These tariffs, which place higher taxes on goods brought into the U.S., are driving up costs for businesses—and those costs …
Factbox-China Imposes New Curbs on U.S. Firms as Trade Row Grows
Headquartered in Virginia, Leidos develops hypersonic weapons. In December, the U.S. Air Force awarded the aerospace firm a $987 million contract for F-16 fighter jet support to the Taiwanese military …
Shenzhen to expand AI terminal industry
CHINA’s southern tech hub of Shenzhen on Monday published an action plan to expand the city’s artificial intelligence (AI) terminal industry to a scale of 1 trillion yuan (about $139.38 billion) by …
Alex Wang on why China can’t be allowed to dominate AI-based warfare
China knows what’s at stake. The recent global uproar surrounding its DeepSeek AI model, which now rivals the best Western models, shows that China’s AI capabilities are quickly catching up with its ambitions.
Mixue, China’s bubble tea giant, makes a strong IPO debut with 47% stock jump
Mixue, popular for its low-cost drinks and Snow King mascot, generated $444 million by offering 17 million shares at HK$202.5 each.