China kept its benchmark lending rates unchanged on Monday for the sixth month in a row, locking in the one-year loan prime rate at 3.1% and the five-year …
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China to import more Indonesian products, foreign minister says
China is willing to import more Indonesian products, Foreign Minister Wang Yi told his Indonesian counterpart on Monday, describing the two countries as “defenders of economic globalisation and free …
India to put 12% temporary tariff on steel to curb cheap China imports, source says
India is set to impose a temporary tariff, known locally as safeguard duty, of 12% on steel imports, said a government source with direct knowledge of the matter, to try and curb a surge in…
China’s CATL launches new sodium-ion battery brand
China’s CATL on Monday launched a new brand for its sodium-ion batteries, Naxtra, which it said would go into mass production in December, and a second generation of its fast-charging battery for …
Trump tariffs: China returns new ‘expensive’ Boeing aircraft as 125% import duty prevails on all US imports
A Boeing 737 Max, which was set to be added to the Xiamen Airlines fleet, returned to Boeing’s Seattle airbase after high tariffs of US imports into China prompted the higher costs of purchasing the…
China’s Export-Led Growth Exposes Economy to Steeper Tariff Hit
China’s stronger-than-expected growth in the first quarter masks a key vulnerability: a growing dependence on foreign demand, which increases the threat of a sharper economic hit as trade tensions …
At China auto show, EV makers to grapple with autonomous-tech crackdown, launch Tesla ‘killers’
More than 70 Chinese and international automotive brands will showcase more than 100 new or refreshed models at the Shanghai auto show this week, intensifying already cutthroat competition in the …
China Slashes US Commodities Purchases as Trade Tensions Worsen
China sharply reduced imports of many US commodities last month, in some cases to zero, as the trade war between the world’s two biggest economies intensified.
China Stops Imports of US LNG Amid Trade War, Custom Data Shows
China’s purchases of US liquefied natural gas plunged to zero in March after a sharp decline in the previous two months, as the trade war between the two biggest economies alters shipping routes.
China slashes US commodities purchases as trade war intensifies
Among the worst affected were purchases of LNG and wheat, which both fell to nothing in March. Read more at straitstimes.com. Read more at straitstimes.com.
China’s JD.com calls out anti-competitive pressures on food delivery couriers
Chinese e-commerce giant JD.com highlighted anti-competitive pressures on food delivery couriers in a social media post on Monday, alleging that other platforms were coercing couriers to avoid working …
China slams nations trying to ‘appease’ US in trade deals
China has hit out at countries it accuses of appeasing the US in trade talks over President Donald Trump’s tariffs. A Chinese commerce ministry spokesperson made the comments in response to reports …
South Korean Firm Galaxy Corporation Targets $1 Billion Valuation in 2026 IPO
Galaxy Corporation, a South Korean entertainment-technology group representing K-pop star G-Dragon, plans to go public next year in a deal that could value it at around $1.0 billion.
