The US and China agreed to drastically reduce tariffs on each other’s goods for a temporary 90-day period, alleviating a punishing trade war and having a positi …
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Eight Sleep, Known For High-Tech Bedding, Expands to China Ahead of Eventual IPO
Eight Sleep Inc., a startup known for its high-tech, temperature-controlled mattress covers and systems, released an expanded suite of products on Wednesday and said it’s preparing to enter five new …
Banks upgrade China growth forecast, foreigners flock to Shenzhen: SCMP daily highlights
From investment banks upgrading their growth forecasts to a rise in overseas visitors in Shenzhen, here’s a round-up from today’s coverage.
China News Live: Former Tsinghua Unigroup chairman sentenced to suspended death sentence
Zhao Weiguo, who previously chaired the semiconductor firm Tsinghua Unigroup, has been handed a death sentence with a two-year reprieve by a Chinese court for crimes including corruption, state …
China Mobile Flexing its Scale In The Chinese Telecom Market
With 1 billion mobile customers, China Mobile not only dwarfs its Chinese competitors but also is the world’s largest wireless telephone company. It has more mobile subscribers than its …
Trump’s ‘Fentanyl Tariffs’ on China Could Backfire
Trump wants to choke off fentanyl at its source, which for him means China. He risks fracturing existing partnerships with Beijing on the issue. The post Trump’s ‘Fentanyl Tariffs’ on China Could …
Why the latest US-UK trade deal has set off alarm bells in Beijing
Beijing warns against deals that risk sidelining Chinese industries, as London walks a tightrope between Washington and Beijing …
CATL set to price Hong Kong IPO at top end of range as retail investors pile in
World’s largest maker of electric-vehicle batteries could expand its IPO deal to as much as US$5.3 billion if several upsize options are exercised.
Trump trade war with China may never be totally over: Former Commerce Secretary Wilbur Ross
After a weekend of high-level meetings in Switzerland, the US will reduce “reciprocal” tariffs on goods from China to 10% from 125%. A separate 20% tariff imposed by Trump over what he says is China’s…
Apple spent many years and billions of dollars investing in China. Now it’s stuck there.
Donald Trump wants Apple to make iPhones in the US. That won’t happen, says journalist Patrick McGee, who just wrote a book on Apple’s ties to China.
China April bank lending tumbles more than expected amid trade war
China’s new bank loans tumbled more than expected in April as a protracted trade war with the United States further eroded the market’s appetite during a typically slow month for loan demand.
China’s New Loans Plunged 61% as Trade War With US Intensified
China’s new loans slumped sharply and credit expanded at a slower pace than expected in April, as escalating trade tensions with the US harmed sentiment.
The China tariff pause has Wall Street scaling back recession calls
Economists believe the US will skirt a recession as lower tariffs than initially announced by the Trump administration are set to handicap consumer spending less than previously feared.