From Trump’s attempt to entice wealthy Chinese to the US to Shenzhen’s ‘volatile’ trade in April, here’s a round-up from today’s coverage.
NEWS
China’s Xi, Germany’s Merz stress ties to weather trade turmoil
BEIJING/BERLIN (Reuters) -Chinese President Xi Jinping and German Chancellor Friedrich Merz in a call on Friday highlighted the importance of their countries’ relationship as both China and Europe are …
Corona Cases in India: Corona started scaring again, new cases surfaced in these states including Gujarat-Maharashtra; read update
Corona cases are increasing rapidly in the country. An increase in corona cases has been registered in states like Maharashtra, Tamil Nadu, Karnataka and Gujarat. 15 more new cases of corona have been …
China’s top exporter, Shenzhen, takes US tariff blow on the chin in April, lagging nation
In the southern metropolis of Shenzhen, the value of exports from local enterprises slipped by 2.9 per cent in April, year on year, to 243.95 billion yuan (US$33.86 billion), according to municipal …
China says Trump Harvard ban will ‘tarnish’ US image as students caught in crosshairs
The Trump administration’s move to bar Harvard University from enrolling international students has ricocheted across China, with officials and commentators seeing it through one lens: the growing …
China pledges support for overseas students after Trump’s Harvard curb
China will safeguard the legitimate rights and interests of its overseas students and scholars, the foreign ministry said on Friday, responding to the Trump administration’s decision to block Harvard University from enrolling foreign students.
China approves Qatar sovereign fund to buy a tenth of its top asset manager
China has given approval for Qatar’s sovereign wealth fund to acquire a stake of 10% in its second-largest mutual fund company, the first such investment in the sector by a major Middle East investor …
China lowers deposit rate ceiling to protect banks’ interest margins, sources say
China has lowered the ceiling of deposit rates, three banking sources with direct knowledge of the guidance said on Friday, as authorities seek to protect banks’ profit margins and discourage savings.
U.S., China hold first call since Geneva meeting, signaling progress in trade talks
The U.S. and China have agreed to maintain communication. The call came as Beijing and Washington continued to trade swipes at each other. Analysts say that the call is a “positive sign” following the …
Analysts downgrade China’s property price outlook in 2025 as trade tensions pose fresh risk: Reuters poll
Weakness in China’s property sector is expected to persist this year with home prices falling nearly 5% and set to remain stagnant in 2026, as low confidence continues to keep buyers at bay while the…
Beijing sees a ‘victory’ with the US tariffs truce. What’s it aiming for next?
A surprise truce in a spiraling tariff war between the US and China last week was hailed by Chinese pundits as a success for the country. But Beijing is gearing up for a rocky path…
China says U.S. dialogue to continue as Beijing hints trade talks are advancing
The U.S. and China have agreed to maintain communication. Both sides exchanged thoughts on crucial issues. The call came as Beijing and Washington continued to trade swipes at each other. The U.S. and …
U.S. reports cases of new COVID variant NB.1.8.1 behind surge in China
Preliminary data from researchers in China suggest the NB.1.8.1 variant is not better at evading the immune system compared to other strains on the rise, but it does have a greater ability to bind to…
