China’s biggest listed steelmaker, Baoshan Iron & Steel Co , said a nationwide output cut was likely this year and flagged external pressures on an industry that is already grappling with overcapacity and faltering demand.
Tagged By beijing
80% of small businesses that buy from China could ‘just die’ because of Trump’s tariffs, says logistics company CEO
Ryan Petersen said a lot of what Americans buy from China is “discretionary spend” — optional items that can be replaced if they become expensive.
China’s Ant Group forays into brokerage business with $362 million Bright Smart buy
China’s Ant Group is buying a controlling stake in Hong Kong-based brokerage Bright Smart Securities & Commodities Group for about $362 million, marking the fintech firm’s first acquisition of a …
With China and the US at intense economic odds, nations are being forced to choose sides
One went to the United States. The other went to China. It was a sign of the times. While the Swiss president was in Washington last week to lobby U.S. officials over President Donald Trump’s…
China’s clean tech exports to emerging markets surged in 2024, data shows
China has rapidly scaled up sales of solar panels, batteries and other green energy technologies to emerging markets well ahead of the US tariff fight, latest data shows, with expectations it will …
China’s crude oil storage surged in March, reversing earlier draw: Russell
China’s refineries processed the most oil in a year in March, but the volume of crude being added to inventories still rose to the highest in nearly three years as imports surged.
Trade set-up, April 28: Pahalgam updates, Ather Energy IPO, Q4 in focus
From updates in the Pahalgam terror attack news to Ather Energy IPO, Q4 results, and China stimulus, here is what will move the stock markets today …
Amid Trump tariffs, China’s trade and economy tsar steps into spotlight
By Laurie Chen, Michael Martina BEIJING/WASHINGTON (Reuters) -When the leaders of some of the world’s largest companies flocked to Beijing for a business forum last month, their main purpose was a …
Gold sinks over 1% as easing US-China tensions curb safe-haven demand
Gold prices dropped more than 1% on Monday as easing U.S.-China trade tensions boosted investors’ risk appetite and dented demand for safe-haven assets such as bullion, while a stronger dollar also …
Lynas in New Sales Agreements Talks as Tariffs Arrest U.S.-China Rare-Earths Trade
Lynas Rare Earths said recent policy changes have affected trading in the China-dominated market for rare earths, critical minerals needed for everything from smartphones to jet fighters.
World’s largest car carrier sets off on maiden voyage from Chinese port
China’s self-developed car carrier “BYD Shenzhen,” the largest of its kind worldwide, set off on its maiden voyage with more than 7,000 BYD new energy vehicles (NEVs) on Sunday evening, according to …
There’s no end to market turmoil until these three things are in place
The pain of a trade war between the US and China has already started, but Wall Street is all-in on a deal arriving soon. Here’s why that’s optimistic.
FirstFT: Beijing’s seizure of disputed South China Sea reef revives tensions with the Philippines
Also in today’s newsletter, tariff-fuelled demand slump hits US ports and air freight, and Vanguard rules out China …
