(Reuters) -Chinese property developer Country Garden said on Friday it would sell an 11.063% stake in LandSpace Technology Co for 1.31 billion yuan ($179.76 million). The disposal is part of the …
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China Reportedly Wants To Exempt Some U.S. Items From 125% Tariffs
China imposed 125% tariffs on all U.S. imports earlier this month in a tit-for-tat response to the Trump administration’s “reciprocal” tariffs against China.
Trump changes tone on China tariffs, indicating rate may come down substantially
President Trump has begun speaking differently about tariffs on China, saying the rate will come down substantially. And while it’s not clear Trump is actually changing policy, he is changing tone.
China may shift from US Treasurys toward gold, crypto — BlackRock exec
Geopolitical risks may drive China and other central banks to reduce reliance on US Treasurys, favoring gold and Bitcoin, says BlackRock’s Jay Jacobs.
US leads in smartphones, China dominates production
The US-China tech rivalry continues in smartphones, as the US maintains its leading position with well-known brands and technological prowess, while China dominates in production as the world’s …
Trump signs order to boost deep-sea mining, seeking to break China’s critical minerals dominance
The practice of deep-sea mining involves using heavy machinery to remove minerals and metals from the seabed, where they build up into potato-sized nodules.
Product shortages and empty store shelves loom with falling shipments from China
Retailers are warning that U.S. consumers could once again be faced with empty store shelves and the kind of supply chain snarls that marked the Covid era if President Donald Trump’s tariffs on China remain…
China’s Ping An Insurance posts 26.4% fall in first-quarter profit
Brazilian miner Vale reported a 17% decline in its first-quarter net profit on Thursday, hit by lower iron ore prices despite improved costs.
What to Know About the Vatican’s Relationship With China—and What the Next Pope Means for It
Experts tell TIME that the next Pope must approach China similarly to how Francis did if the Vatican wants to continue to exercise international influence as well as ensure the Catholic Church remains relevant in…
Beijing accuses Washington of ‘misleading the public’ about trade talks
China’s foreign ministry urged Washington on Friday to stop “misleading the public” on bilateral tariff negotiations, and said it wasn’t familiar with reports on whether Beijing was planning to exempt …
Automakers rush to meet surging China demand for long-range hybrids
By Nick Carey, Victoria Waldersee and Qiaoyi Li SHANGHAI (Reuters) -Chinese automakers and foreign rivals are launching ever more advanced long-range hybrids to meet rising demand in the world’s largest auto market.
China Vows to Ready Emergency Plans, Signals Calm Amid Trade War
China said it will “fully prepare” emergency plans to ward against increasing external shocks, taking a patient approach in defending growth as a deepening trade war with Donald Trump piles pressure on the world’s No.
China vows in Politburo meeting to support firms, workers affected by tariffs
China’s top policymakers pledged to support firms and workers most affected by the impact of triple-digit U.S. tariffs, the ruling Communist Party’s Politburo said on Friday, according to state media.
