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.
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China April bank lending tumbles more than expected amid trade war
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.
What the U.S.-China Trade Deal Means for Online Shoppers
As the U.S. and China negotiate a trade deal, Trump has lowered a levy on “de minimis” low-value packages, such as online shopping from Shein or Temu.
Huawei Unveils AI Data Center Solution, Leading the Industry into a New Era of Intelligent Computing
With reliable products, full-lifecycle services, and professional consulting and design capabilities, Huawei works with partners to build AI DC solution, helping construct intelligent computing …
China says to accelerate financial support for sci-tech innovation
China said on Wednesday it would further enhance capital market support for science and technology innovation enterprises and would expand bank credit support for the firms.
Tariffs plunged Chinese imports to lowest levels since the pandemic
Chinese imports to the U.S. dropped to their lowest levels since the pandemic as punishing tariffs began to take hold in March.
Blockchain smartphone market set to expand by 33.32% CAGR, a study finds
The post Blockchain smartphone market set to expand by 33.32% CAGR, a study finds appeared first on Android Headlines.
Asia’s wealthy shifting from US dollar to crypto, gold, China: UBS
UBS says wealthy Asian investors are moving away from the US dollar into gold, crypto, and Chinese assets, driven by volatility and trade tensions.
China criticizes US-UK trade deal, says it’s ‘basic principle’ not to target other countries: report
China criticized the trade agreement reached between the U.S. and the U.K. last week as it could potentially push Chinese products out of British supply chains.
Foreigners flock to China’s Shenzhen as visa-free entries surge 160%
Visa-free policies have helped the southern tech hub become a popular destination for overseas tourists, particularly from elsewhere in Asia.
What to Know About Trump’s Latest Changes to Taxes on Small Packages From China
Beginning Wednesday, shipments arriving in the United States from China and Hong Kong worth less than $800 could face 54 percent tariffs.
China’s Percentage Of U.S. Trade Plummets To Lowest Level In 22 Years
China’s percentage of U.S. trade hit 7.65% in March, the latest government data available, the lowest figure since 2003. That was before Trump’s April 2 “Liberation Day.” …
