In response to Donald Trump’s first term as president, Xi Jinping, China’s leader, initiated a campaign to reduce China’s economic dependence on America. Chinese officials are hoping that a revival in domestic demand,
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Analysis-Trump’s global tariffs hurt China with ‘all-round blockade’
Chinese outdoor furniture maker Jin Chaofeng set up a factory in Vietnam last July to escape higher U.S. tariffs. Now he is looking to close it, as Washington imposes steep levies on Hanoi and the…
How America could end up making China great again
China has come out badly from Mr Trump’s Rose Garden rant. Counting the new levy of 34%, plus existing duties, the total rises to 65%—and slightly higher if you include the disruptive removal of a…
China stocks, yuan tumble after bigger-than-expected Trump tariffs
China’s yuan dropped to its lowest level in seven weeks and stock markets slumped on Thursday after U.S. President Donald Trump unveiled a sweeping set of reciprocal tariffs that were particularly heavy on China and…
DeepSeek’s AI Breakthrough Fuels Hong Kong IPO Market Surge
Hong Kong’s IPO market recorded 15 offerings raising HK$17.7 billion, with six IPOs exceeding HK$1 billion, driven by DeepSeek’s AI breakthrough and Beijing’s supportive reforms. Despite US trade …
Members of France’s Academy of Medicine Conclude With Near Unanimity That Covid-19 Emerged After a ‘Laboratory Error’
Although the academy does not offer a definitive explanation for the origin of Covid-19, its report adds to the mounting evidence that the …
China’s handbag brands make waves in premium market
CHINA’s domestic handbag brands are making a significant impact in the premium market. Despite many unit prices exceeding 1,000 yuan ($138) — and some even soaring beyond 10,000 yuan — interest among …
Fangzhou Designated as a 2024 National High-Tech Enterprise Amid Record Growth
Beijing Fangyixing Information Technology Co., Ltd. (“Fangyixing”), a subsidiary of China’s leading Internet healthcare solutions provider Fangzhou Inc. (“Fangzhou” or the “Company”) (06086.HK), has …
Chinese Shares Fall After U.S. Levies. Eyes on Beijing’s Response.
Chinese shares ended lower, weighed by home appliances, consumer products and hardware stocks. Investors are digesting the impact of Trump’s so-called reciprocal tariffs, with China facing total duties of 54%.
3 Filipinos nabbed for suspected espionage in Beijing —Chinese state media
Chinese state media Global Times on Thursday reported that three Filipinos were allegedly arrested in Beijing for suspected espionage. “China’s state security authorities have uncovered a case of Filipino espionage and apprehended three Filipino nationals…
Trump tariffs a ‘major blow to world economy’ says EU, as China vows retaliation
The US president announces a 10% tariff on all imports, with further measures targeting countries the White House call the “worst offenders”.
Trump’s tariffs on China, EU and more, at a glance
In a background call before Trump’s speech, a senior White House official told reporters that the president would impose a “baseline” tariff on all imports to the US. That rate is set at 10% and…
China, EU prepare ‘countermeasures’ as Trump tariffs unite friends and foes
Allies and adversaries alike were reeling from Trump’s tariff blitz, with some signaling they were ready to retaliate while others were still hoping for talks.