China’s Ministry of Commerce in early April imposed export restrictions on several rare earth elements and magnets widely used in the automotive, defense and energy sectors. Some of the affected rare …
Monthly Archives For June 2025
China increases scrutiny of rare earth magnets with new tracking system
China has introduced a tracking system for its rare earth magnet sector, three sources said, as its export restrictions on them begin to cut off customers around the world.
China’s Sichuan province to offer extended marriage and maternity leave
Health authorities in China’s southwestern Sichuan province are proposing to extend marriage leave up to 25 days and maternity leave up to 150 days, to help create a “fertility-friendly society” which …
China’s services sector growth accelerates in May amid stronger business & activity
The Caixin China General Services PMI rose to 51.1 in May 2025, up from April’s seven-month low of 50.7 and in line with market forecasts, supported by faster growth in new business and activity, …
Former Australian PM Malcolm Turnbull: I’m sure that Trump will not get his way with China
Malcolm Turnbull says that China’s relatively consistent and measured approach compared to the U.S.’s erraticism will be welcomed by many countries, that it is dawning on Trump he cannot bully China,
Citi to cut 3,500 tech jobs in China as part of global revamp
US bank said some of the roles would be moved to its technology centres elsewhere. Read more at straitstimes.com. Read more at straitstimes.com.
Loans issued from China’s housing provident fund slow in 2024: report
China issued more than 1.3 trillion yuan ($181 billion) in 2024 under the country’s housing provident fund programme for individual mortgage loans, down 11.4% from the previous year, according to …
Citi to cut 3,500 technology jobs in China as part of global revamp
Citigroup Inc will reduce the number of employees at two of its technology centres in China by about 3,500, the bank said on Thursday, as part of its efforts to simplify and shrink its global…
US to Keep Pressure on Vietnam Over China Imports, Lutnick Says
The Trump administration will keep up pressure on Vietnam as long as it keeps re-exporting a significant amount of Chinese products to the US, according to Secretary of Commerce Howard Lutnick.
Energy Transfer says US government requiring licenses to export ethane to China
Energy Transfer said on Wednesday it received a letter from the U.S. government requiring a license to export ethane to China, adding that the U.S. export terminal operator will file for an emergency …
China May services activity grows despite US tariff concerns, Caixin PMI shows
China’s services activity expanded at a slightly faster pace in May, with new orders growing more quickly than in April, though new export orders declined due to uncertainty stemming from U.S. tariffs …
US Auto Suppliers Say Immediate Action Needed on China Rare Earths Restrictions
WASHINGTON (Reuters) – A group representing auto suppliers in the United States called on Wednesday for immediate action to address China’s restricted exports of rare earths and other minerals, …
China’s Power Prices Nosedive in Relief to Tariff-Hit Factories
A crash in Chinese coal prices, and a flood of clean energy, are cutting power rates in major industrial hubs, easing pressure on some of the factories caught in the crossfire of trade hostilities …
