Reeves’ mission has become more desperate as the U.K. economy continues to falter, with borrowing costs this week reaching 1998 levels and the pound tanking, threatening the government’s pledge to …
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Beijing says plane crash into skyscraper was caused by ‘personal reasons’
China hushes up a plane crash in the heart of its capital
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How to trigger Trump: Britain’s cozy China trip risks America’s anger
China bets on $11B consumer trade-in scheme to revive economic growth
China added more home appliances to the list of products that can be used in its $11 billion consumer trade-in scheme and will offer subsidies for additional digital goods this year, in an effort to…
China Bracing for Trump’s Tariffs: Will They Really Be 20% Instead of 60%?
Speculation rises that Trump’s tariffs on China may average 20%, impacting GDP growth and prompting potential retaliation from China.
Chinese Toy Entrepreneur Zhu Becomes Billionaire After Frenzied IPO
Bloks’ Hong Kong initial public offering Friday was 6,000 times oversubscribed and wildly popular after trading began, giving Zhu, the 42-year-old chairman and CEO, a fortune of $1.7 billion mostly …
China’s economic malaise deepens as economic warfare intensifies
Its problems have been exacerbated by the economic warfare which now prevails, sparked by the anti-China measures implemented by the US. These will be intensified by the incoming Trump administration …
China’s central bank halts bond buying, possibly with eye on yuan
China’s central bank said on Friday it has suspended treasury bond purchases, triggering a jump in yields and spurring speculation that the move was aimed at defending a falling currency.
U.K. finance chief heads to Beijing amid Chinese spying allegations
LONDON — British finance minister Rachel Reeves’ trip to China this weekend is part of the new Labour government’s push for reengagement with Beijing, but it comes at a delicate time after fresh …
Uniqlo owner falls most in five months on China concerns
Analysts indicated concern over China, where sales declined 1% compared to a year earlier, their first contraction in eight quarters.
China’s Dec exports likely gained momentum ahead of tariff uncertainty: Reuters poll
China’s exports probably expanded at a faster pace in December, suggesting producers raced to move inventory to major markets ahead of U.S. President-elect Donald Trump’s return to the White House …
China’s SAIC to deepen cooperation with CATL on battery, overseas expansion
Chinese automaker SAIC said on Friday that it will deepen cooperation with electric vehicle battery giant CATL in areas including the battery after market for parts and components and overseas …
A cut undersea internet cable is making Taiwan worried about ‘gray zone’ tactics from Beijing
When a Taiwanese telecoms company detected that an international undersea cable was damaged earlier this month, it worked to divert internet traffic from the broken line to keep customers on the …
Reeves heads to China amid market trouble at home
The Chancellor Rachel Reeves is travelling to China in a bid to boost trade and economic ties, as she faces pressure over government borrowing costs hitting their highest level in years. The three day …
China’s Dec exports likely gained momentum ahead of tariff uncertainty
China’s exports probably expanded at a faster pace in December, suggesting producers raced to move inventory to major markets ahead of U.S. President-elect Donald Trump’s return to the White House …