Oil prices held steady on Wednesday after an earlier dip, as investors assessed the supply-demand balance amid rising OPEC+ output. Ongoing concerns about the global economic outlook, driven by trade tensions and tariffs,
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China’s Wheat Harvest Risks 7-Year Low as Farmers Battle Drought
China’s wheat output could drop as much as 5% this year to the lowest since 2018, after recent drought in key growing regions stressed the crop.
Trump admits its ‘extremely hard’ to cut a deal with China’s Xi
Donald Trump said on Wednesday it’s “extremely hard” to reach any kind of agreement with China’s President Xi Jinping, just as his administration kept telling …
China’s rare earth chokehold tests the mettle of global industry
Global automakers and governments are raising concerns as China’s restrictions on rare earth magnet exports disrupt supply chains. These restrictions, citing national security, impact critical …
Asian stocks advance, China benchmark up 0.42%
An unexpected increase in U.S. job openings buoyed sentiment as the OECD warned uncertainty is stifling investment and confidence.
Trump tariffs live updates: Trump says China’s Xi is ‘extremely hard to make a deal with’
President Donald Trump has said it’s “extremely hard” to reach a deal with his Chinese counterpart Xi Jinping, denting hopes for a call between the two leaders as trade talks stall. “I like President …
CNBC’s The China Connection newsletter: AI integration gives China supply chains an even greater advantage
As more Chinese factories turn to tech for cost-cutting and quality controls, it’s going to be even harder to resist buying from them.
China Mobile targets low-altitude economy dominance, market set to reach US$486 billion by 2035
China has made the low-altitude economy a national strategic priority, featuring it in government work reports for two consecutive years as part of its “new quality productivity” initiative. The …
Drought bakes China’s wheat belt, slashing harvests for some
About an hour by road northwest of the famed Terracotta Warriors, combine harvesters send out clouds of dust as they work their way through the parched wheat fields of Maqiao village in China’s …
Trump tariffs live updates: Trump calls China’s Xi “Extremely hard to make a deal with”
President Trump has doubled tariffs on steel and aluminum imports from 25% to 50% as of 12:01 a.m. Washington time, Wednesday, June 4, according to a proclamation he signed on Tuesday. The United …
Higher Tariffs on Steel and Aluminum Imports Go Into Effect
The president has ratcheted up the rate on foreign metals to 50 percent, double the previous rate, saying the levies weren’t high enough to help the U.S. industry.
Blockchain can end the food fraud crisis, but it’s a costly battle
Blockchain has already played a role in protecting consumers against food fraud, but there are lessons to be learned before it starts to truly pay off.
How China Shrugged Off U.S. Plan to Hobble Its Tech
There is a fierce debate going on right now over technology and China. White House officials and their proxies are almost uniformly in favor of choking off China’s tech advance by banning the [export …
