Treasury Secretary Scott Bessent on Monday signaled that a de-escalation of the trade war over President Trump’s harsh tariff rates would have to come from China — not the US.
Monthly Archives For April 2025
One chart that shows how China seized the lead in the robotaxi wars
More than half of the cars sold in China last year were equipped with advanced driver assistance tech, according to data compiled by AlixPartners.
China’s billion-dollar footprint near Florida coast poses US national security risk, expert warns
China is expanding its influence in the Caribbean and Americas through diplomacy, infrastructure and strategic partnerships, an expert warned.
China’s Sinopec signs $4 billion joint venture deal with Saudi Aramco’s unit
China’s state-run Sinopec signed a joint venture agreement with a unit of Saudi Aramco for port operation, crude oil transportation and other services, it said on Monday.
China shrugs off threat of U.S. tariffs to economy, says it has tools to protect jobs
China’s leaders are downplaying the potential impact from U.S. President Donald Trump’s trade war, saying they have the capacity to protect jobs and limit damage from higher tariffs on Chinese exports.
China seized 15,000 BTC – Here’s why $1.2B remains locked up
According to a report, an estimated 5.5% of China’s population, or 78 million people, own various crypto assets. Specifically, China owns 194,000 BTC worth $16.3 billion, making it the second-largest …
China’s Ant Group enters brokerage business with $362 million Bright Smart buy
Ant Group, an affiliate of China’s e-commerce giant Alibaba Group, is buying a $362 million controlling stake in Bright Smart Securities & Commodities Group, marking its first acquisition of a …
Chinese tea chain Chagee launches in U.S. following strong IPO debut
Chagee Holdings Limited (NASDAQ:CHA) entered the U.S. market over the weekend with a welcoming event at its location at Westfield Century City Mall in Los Angeles. The store will hold its grand …
How China’s Real Estate Empire Collapsed
Once a real estate titan, Evergrande is now the face of China’s massive property collapse. Explore how billions vanished, what triggered the downfall, and why it could have global consequences.
China 5G network users near 1.05B
China Telecom reported 266.2 million 5G network subscribers, with its website no longer showing package subs – those with 5G plans but not compatible devices. Total mobile users increased 4.3 per cent …
China’s Huawei encroaches further on Nvidia’s turf and is reportedly set to test a new AI chip aimed at the H100
The chip, dubbed Ascend 910D, will be Huawei’s most powerful AI processor to date according to a report from the Wall Street Journal.
Chinese Stocks Fall as Beijing Warns on Negative Impact of Trade Tensions
Chinese shares ended lower, with the Shanghai Composite Index dropping 0.2% to 3288.41. The Shenzhen Composite Index declined 0.9% and ChiNext Price Index was 0.65% lower. Investors are digesting …
China Downplays Impact of Treasuries Swings on Its FX Reserves
A senior Chinese central bank official played down the impact of Treasury market volatility on the country’s foreign exchange reserves, arguing Beijing had diversified its foreign assets enough to …
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