Spiking trade uncertainty is compounding rising debt and sluggish growth problems facing emerging markets and developing countries, but cutting their own tariffs could provide a big boost, said Indermit Gill, the World Bank’s chief economist.
Monthly Archives For May 2025
‘We don’t care’: A defiant China looks beyond Trump’s America
“We don’t care about sales to the United States,” says Hu Tianqiang as one of his toy fighter jets flies past our heads. It’s hard to hear him above the buzzing toy planes and miniature…
Jensen Huang said the US and China are ‘very, very close’ in the chip race
China competition in AI chips, urging Trump to consider policies that open up US chip sales to other countries.
Nvidia (NVDA) Will “Walk Away” From China, Strategist Says
Nvidia’s (NVDA) business in China has been largely eliminated by America’s export restrictions, Morningstar Equity Strategist Brian Colello told Yahoo Finance recently. As a result, the giant chip …
Beijing Aims for Blockchain Leadership with New 2025–2027 Action Plan
Beijing launches 2025–2027 blockchain action plan to lead global innovation across healthcare, AI, finance, education, and transport.
China makes stunning accusation about which country should be blamed for COVID outbreak
China pointed its finger at the United States for originating COVID-19 on Wednesday, claiming America was attempting to “shift the blame” after President Trump declared the deadly disease was leaked …
Architect of Trump’s tariff policy doesn’t see ‘immediate change’ to China tariffs
Tariffs on China will remain at their current levels, according to Stephen Miran, a key architect of President Donald Trump’s trade policies. Miran’s comments come at a time when the administration is …
HKEX posts best quarter ever as China’s ‘DeepSeek moment’ spurs IPOs, market’s rerating
Hong Kong Exchanges and Clearing (HKEX), operator of Asia’s third-largest stock market, said its first-quarter profit reached a record high, thanks to more new listings and increased turnover. Net …
Cuba pins hopes on China to help save sputtering tourism industry
Cuba is pinning its hopes on attracting more visitors from Communist ally China as part of a last-ditch bid to revive a sputtering tourism industry devastated by renewed U.S. sanctions under the Trump …
Trump says US kids may get ‘2 dolls instead of 30,’ but China will suffer more in a trade war
President Donald Trump on Wednesday acknowledged that his tariffs could result in fewer and costlier products in the United States, saying American kids might “have two dolls instead of 30 dolls,” but …
Trump Loses First Round of Trade War as US Economy Shrinks, China’s Grows
As President Trump sought to celebrate 100 days in office, he got a week focused on economic losses—while a rival showed unexpected strength.
China’s Export Economy Under Trump’s Tariff Onslaught The Worst Since COVID
China’s manufacturing engine is sputtering, with new data revealing the most severe hit to China’s economy since the COVID shutdown. The country’s economy slipped from growth to contraction after the …
Julong Holding Plans 1.25M Share IPO
The intelligent integrated solutions provider said it expects the IPO to price between $4 and $6 a share … access-control system and parking system of an international airport in Beijing, and the …