Rising global oil prices have begun seeping into the domestic economy, squeezing margins for manufacturers dependent on imported raw materials.
Featured Posts Title
Oil prices are high but could be much worse. Trump has China’s Xi to thank for that
Trump will be at the airport to greet Xi when China’s leader arrives for his US state visit
Beijing Seeks Trade Stability With Washington Ahead of Xi-Trump Meeting
US Treasury’s Bessent to discuss AI, trade, rare earths with China’s He, source says
Tehran sees Beijing as potential bridge to Washington
US, China discuss cutting tariffs on US LNG ahead of Xi visit
Republican China committee chair urges tough Trump line with Xi
Recent Posts
China industrial profits jump 15.8% in March despite Iran war oil disruption
China’s industrial firms’ profit rises 15.5% in first quarter
BEIJING, April 27 (Reuters) – Profits at China’s industrial firms rose 15.5% in the first quarter from a year earlier, official data showed on Monday. The increase compared with a 15.2% jump in the …
They come with tools and wait to be chosen. Inside one of China’s ‘gig stations’
Thousands of state-backed “gig stations” have sprung up across China, linking workers – many older and shut out of stable jobs – to low-paid manual work. This piece focuses on those pushed into it, …
John Ternus, Apple’s new CEO, inherits a rebounding China business—and some messy headaches
Ternus must navigate a protectionist Washington, a prickly Beijing and a Chinese consumer less interested in foreign brands.
The Iran war has the world buying more clean energy. China stands to benefit the most
The war in Iran has sent oil-starved countries scrambling for fuel. Many are opting for energy alternatives — and turning to the renewables king of the planet: China.
Analysis-Under cover of trade truce with Trump, China expands economic pressure toolkit
Washington has applied its own pressure, launching trade probes into excess industrial capacity and the use of forced labour in China in March, on top of export restrictions on semiconductors and …
How China has expanded its economic toolkit during its trade truce with the US
By Mei Mei Chu BEIJING, April 27 (Reuters) – China has used its trade truce with the United States to broaden its legal leverage, supply chain and critical technology controls, and expand its toolkit …
The Chinese sports brand taking on Nike and Adidas
Now one of the biggest sportswear firms, Anta’s rise follows a playbook adopted by many Chinese giants.
I went to the Beijing Auto Show and it’s a glimpse at the future of the auto industry
In the West, the concept of car show models has been increasingly frowned upon over the last decade. At the Beijing Auto Show, it’s alive and well. While there were no bikini models, there were…
How the US.-China cold war went crypto
Admiral Samuel Paparo, Jr., who leads U.S. forces across the Indo-Pacific, told a Senate panel that Bitcoin matters to national security. “Bitcoin is a reality,” he said. “It is a valuable computer …
China warns EU to remove firms and citizens from Russian sanctions list
Commerce ministry said Brussels would ‘bear the consequences’ after 27 mainland and Hong Kong firms were added to the latest blacklist.
China develops “space spider” robot concept for orbital construction, report says
Nearly half a century after NASA engineers first sketched a machine that could spin massive structures in orbit like a spider building a web, Chinese researchers are pursuing their own version of the …
Geely introduces China’s first purpose-built robotaxi
Uber and Waymo could soon face competition from Geely’s EVA Cab