China’s renminbi is lagging the currencies of key trading partners, making Chinese goods and services cheap and helping to drive exports.
Tagged By beijing
China’s November exports top expectations, imports underperform
China’s exports topped forecasts in November, buoyed by a boost from a tariff truce with the U.S. even as weak factory activity and vanishing returns from front-loading point to a challenging 2026.
Outbound shipments increased 5.9 per cent, surpassing forecasts, while imports rose but lagged expectations
Imports reached US$218.67 billion in November, rising 1.9 per cent year on year, accelerating from October’s 1 per cent growth but missing Wind’s 2.85 per cent forecast. China posted a trade surplus …
China trade surplus tops $1 trillion as exports return to growth
China’s exports rebounded in November after an unexpected drop the previous month, pushing the trade surplus past $1 trillion for the first time in any year.
Trump’s national security strategy is silent on crypto, blockchain
The Trump administration did not mention cryptocurrency or blockchain in its latest national security strategy, despite the industry’s growing ties to the financial system and President Donald Trump’s …
Chinese carrier holds air drills as Tokyo, Beijing trade barbs
A Chinese carrier strike group launched intense air operations near Japan over the weekend as the East Asian neighbours traded diplomatic barbs in an escalating dispute, further straining ties. The en …
Congress unveils $900B defense bill targeting China with tech bans, investment crackdown, US troop pay raise
Congress passes $900B defense bill targeting China with new investment restrictions, military technology bans, and 4% pay raise for troops nationwide.
Eli Lilly’s Mounjaro added to China’s state insurance list for diabetes treatment
Eli Lilly’s popular drug Mounjaro will be added to China’s state-run health insurance scheme from January 1 for patients with type 2 diabetes, the National Healthcare Security Administration said in a website notice on Sunday.
Ex-Nvidia manager worth $4.3 billion after blockbuster China IPO
His firm raised 8 billion yuan ($1.1 billion) in the year’s second-largest initial public offering in mainland China, with the stock soaring 425% in its trading debut in Shanghai on Friday. That surge …
China, US businesses urged to enhance ties
Business communities from China and the United States are encouraged to step up dialogue and deepen cooperation, as senior officials and industry leaders from both sides have repeatedly called for …
Secretary Azar calls out China for ‘dereliction of duty’ at UN coronavirus meeting
Health and Human Services Secretary Alex Azar called out China for mishandling the coronavirus outbreak at a United Nations gathering on the pandemic that the Trump Administration has panned as too …
Doc who fled China hides in US over fears communists want revenge on COVID lab theories
A Chinese virologist is now hiding in the US in fear Beijing wants revenge for her spreading theories that the COVID-19 virus originated in a lab, a new report said. Dr. Li-Meng Yan left her…
German foreign minister heads to Beijing as Berlin toughens China stance
German Foreign Minister Johann Wadephul heads to China on Monday for his first visit as Berlin toughens its stance on Beijing over trade disputes and geopolitical conflicts, in line with European …
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