Shipments to the U.S. sank 21% in dollar terms as Trump’s tariffs on most Chinese exports rose to as high as 145%. With Chinese tariffs on U.S. goods at 125%, business between the two biggest…
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Trade War Shock Is Scrambling China’s Exports
Shipments of goods out of China slumped in April, including a big decline in exports to the United States, as President Trump imposed sky-high tariffs.
Russia and China mark victory in WW2 as Ukraine war grinds on
Russia marks the 80th anniversary of the Soviet Union’s victory over Nazi Germany in World War Two on Friday with a military parade attended by China’s Xi Jinping that Moscow fears Ukraine will try to…
China has spent billions developing military tech. Conflict between India and Pakistan could be its first major test
The escalating conflict between India and Pakistan could be offering the world a first real glimpse into how advanced Chinese military technology performs against proven Western hardware – and Chinese defense stocks are already surging.
China’s April bank lending seen plunging from a month ago
China’s April new yuan loans probably shrank significantly from March levels as the trade war with the United States further weighed on the market at a traditionally quiet time of the year, according to a…
Asian stocks are mixed after hopes for China-US talks, trade deal with the UK lift Wall Street
Shares are mixed in Asia as investors pin their hopes on weekend trade talks between China and the U.S. U.S. futures and oil prices logged modest gains.
Trump signals China ‘very much’ interested in securing trade deal ahead of Switzerland negotiations
Treasury Secretary Scott Bessent is poised to launch trade negotiations with China in Switzerland on Saturday.
China exports jump 8% in April despite tariffs
China’s exports growth showed resilience in April, defying expectations that the effects of a trade war with the US would start to bite. Exports grew 8.1 per cent in dollar terms compared with a year…
China’s exports rose a higher than expected 8% in April as new US tariffs took effect
China has reported that its exports rose 8.1% in April from the year before, much higher than most economists had been expecting, in the tail end of a rush by companies and consumers to beat…
China’s April exports beat expectations, imports narrow declines
China’s exports expanded 8.1% year-on-year in April, while imports contracted 0.2%, customs data showed on Friday, both defying expectations for a much sharper slowdown in trade.
Emirates Will Begin Flying To These 4 New Cities This Year
According to ch-aviation, Emirates currently has 249 passenger aircraft in normal operations: 119 777-300ERs, 116 A380s, 10 777-200LRs, and four A350-900s. While things might change, Emirates’ …
Bain Capital to sell China data centre business likely valued at over $4 billion, sources say
U.S. investment firm Bain Capital is seeking to sell the China business of data centre operator WinTriX DC Group, in a deal that could value the business at over $4 billion, two people with knowledge…
China, Russia vow to strengthen cooperation on international law matters, state media reports
China and Russia have agreed to strengthen cooperation in matters of international law, according to a joint statement released on Friday following Chinese President Xi Jinping’s meeting with Russia’s …