Calling the fentanyl issue ‘a flimsy excuse’ to raise US tariffs on Chinese imports, Beijing on Wednesday said tactics of pressure, coercion or threats are not the right way to deal with them.
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Crypto market rebounds as Bitcoin surges past $87K amid easing trade war fears
The cryptocurrency market staged a recovery on Wednesday, shaking off concerns over new US tariffs on Canada, Mexico, and China. Bitcoin (BTC) led the rebound, climbing over 4% to trade above $87,000, …
China prioritises consumer spending ahead of technology as economic worries weigh
Spurring reluctant Chinese consumers to spend has been elevated to the top of Beijing’s to-do list for 2025, leap-frogging technology and industrial production, as lawmakers look to rectify imbalances …
U.S. Soybean Export Council says reciprocal tariffs will be an opportunity to diversify export markets beyond China
U.S. Soybean Export Council’s Jim Sutter expects a framework like the Phase 1 agreement from Trump’s first term, which he says was largely successful in securing lower tariffs from China – America’s largest soybean buyer.
China hits Illumina with import ban. What does that mean for the San Diego gene sequencer?
The Chinese government took its economic sanctions against San Diego-based Illumina a step further Tuesday by banning the gene-sequencing company from importing its machines to the country. It’s part of China’s broader retaliation against President…
China’s services activity grows modestly in February, Caixin PMI shows
China’s services activity slightly expanded in February, driven by a faster rebound in demand, including export orders, a private sector survey showed on Wednesday, though an escalating U.S.-Sino …
Markets Today: February Services PMI; Trump tariffs; FIIs; Shreenath IPO
Stock Markets Today, March 5, 2025: February Services PMI, Trump tariffs moves, FIIs, along with mixed global cues, may influence the benchmarks, Sensex and Nifty50, today. In the previous session, …
China targets ‘around 5%’ GDP growth in 2025 and lays out stimulus measures as trade worries mount
China on Wednesday set its GDP growth target for 2025 at “around 5%” as it starts its annual parliamentary meeting amid escalating trade tensions with the U.S, according to a copy of the government …
As Trump escalates trade war, Xi aims to project that it’s business as usual in China
As President Donald Trump unleashes sweeping changes across the US government and slaps tariffs on America’s leading trade partners, Chinese leader Xi Jinping is preparing to hold a major political …
China hits US soybean firms, halts log imports as it steps up retaliation against Trump tariffs
China suspended on Tuesday the soybean import licenses of three U.S. firms and halted imports of U.S. logs, stepping up retaliatory action after the United States imposed additional tariffs on Chinese …
Starbucks’s China comeback relies on right partner, brewing back the vibe
As Starbucks tries to revive its faltering business in China, analysts say strategic partnerships and returning to its roots as a place where customers come for a coffee “experience” offer the best bet to beat…
Trump tariffs push China to retaliate: Soybean farms hit, lumber imports halted
China also imposed import levies covering $21B worth of US agricultural and food products including soybeans, wheat, meat and cotton.
Chinese manufacturers scramble to mitigate tariff pain amid an escalating global trade war
As Washington-Beijing trade tensions flare, Chinese manufacturers are scrambling for ways to adjust their supply chains and head off the escalating tariffs.
