With the US dollar sagging, China’s central bank has strengthened the midpoint rate for the country’s currency in recent days China’s central bank set the yuan’s daily fixing against the US dollar at …
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Unlocking consumption key to sustaining China’s growth: World Bank
BEIJING – Unleashing consumption potential will help sustain economic growth in China, according to a World Bank report published in Beijing on Friday. Policy support has helped boost China’s …
China’s car industry runs on empty as supply chain bills go unpaid
Beijing has acted to ease stresses of a damaging price war with carmakers pressed to settle invoices within 60 days …
China Construction Bank Establishes CCB SG Vision Foundation with TT Foundation Advisors
CCB becomes the first Chinese financial institution in Singapore to collaborate with TT Foundation Advisors on philanthropy The Foundation has made its first contribution to Business China to support …
China eyes stronger cooperation with ECB amid global trade tensions
China is ready to strengthen cooperation with the European Central Bank (ECB), including on reforming the international monetary system, Premier Li Qiang told ECB President Christine Lagarde at a …
China eyes stronger co-operation with ECB amid global trade tensions
China is ready to strengthen cooperation with the European Central Bank, including on reforming the international monetary system, Premier Li Qiang told ECB President Christine Lagarde at a meeting in …
Trump’s ‘done’ deal with China just brings tariffs back to Liberation Day levels
Trump announced that the U.S. would charge a 55% tariff on Chinese goods, while Beijing would impose a 10% tariff on U.S. goods. He also proclaimed that China will continue to export magnets and rare…
China’s Largest Companies 2025: Trade War Clouds The Outlook For China
The number of Chinese companies on the Global 2000 has dropped from a peak of 351 in 2022 to 317 this year. Sluggish domestic consumption and the prospect of a U.S.-China trade war is already…
After new China trade deal, U.S. still might have a losing hand
Beijing is arguably in a stronger position than Washington, as it can navigate shortages in advanced chips better than the U.S. can do without rare earths.
U.S.-China Financial Tensions Rise: Banks Pull Capital, China Dumps $1.7T in Treasuries
The escalating financial tensions between the United States and China have taken a dramatic turn as major U.S. banks begin pulling capital out of China, signaling growing uncertainty in the world’s …
Tariff Rates Against China Still Historically High as Trump Touts New Trade Deal
A tentative agreement between the White House House and Beijing would, among other things, restore US access to valuable materials from China.
Trump tariffs live updates: US-China trade framework takes shape as Trump says deal ‘done’
The US and China agreed to a framework and implementation plan to ease tariff and trade tensions on Tuesday. President Trump signaled his approval, saying the deal was “done” pending sign-off from him …
US-China trade deal is done, says Trump
Donald Trump has said the US has struck a trade deal with China following 48 hours of talks between the two countries.