China’s recent suspension of rare earth mineral exports is escalating trade tensions with the United States, threatening global supply chains and prompting considerations of alternative sourcing …
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Trump’s Top Economic Advisor Sees ‘De-Escalation’ Of ‘Unsustainable’ China Trade War
Key Takeaways Treasury Secretary Scott Bessent said the U.S.-China tariff war is “unsustainable” and will likely “de-escalate.”Bessent’s comments fueled a stock market rally due to the prospect of a …
White House: Trump ‘setting the stage for a deal with China’
The White House said Tuesday that it was “setting the stage for a deal with China” on trade as administration officials seek to reassure nervous financial markets and investors that progress with …
HSBC China’s top wealth banker reassigned, Asia wealth head relocates to Shanghai
HSBC’s top wealth manager overseeing China will leave the role soon in an Asian leadership reshuffle, as the lender also cuts hundreds of jobs from its digital wealth project in China.
China’s rare earth curbs threaten global auto supply chains
China’s expanded export controls on critical rare earth elements have raised alarms across the global automotive and defence industries, with European and Japanese manufacturers warning that supply …
Beijing slams ‘appeasement’ of US in trade deals that hurt China
Appeasement will not bring peace, and compromise will not be respected, a Chinese govt spokesperson said. Read more at straitstimes.com. Read more at straitstimes.com.
‘For our country’: China’s patriots are buying the dip
Cao Mingjie had never traded stocks before Donald Trump’s “Liberation Day”. The home designer from China’s southern Guangdong province changed his mind after April 2, when the U.S. president announced …
China warns countries against striking trade deals with US at its expense
Ukraine imposed sanctions on three Chinese companies on Friday claiming they were involved in production of advanced Iskander missiles, a day after President Volodymyr Zelenskiy alleged that China had …
Chinese scholars take on Trump adviser pushing tariff war as prelude to financial revamp
Stance of Council of Economic Advisers chairman Stephen Miran likened to ‘collecting protection money on the streets’.
How ‘China shock 2.0’ will roil global markets
But rather than usher in political reforms, China’s rise to a global trading behemoth solidified the Chinese Communist Party’s power. In the U.S., meanwhile, there were winners and losers. Consumer …
China retreats from US private equity investments, FT reports
China’s state-backed funds are pulling back from investing in the funds of U.S.-headquartered private capital firms amid an escalating trade war between the world’s two biggest economies, the …
China’s leading shadow bank faces payment problem, seeks help amid $3.7 trillion trust industry delays
AVIC Trust seeks state-backed assistance after delaying payments, highlighting deepening troubles in China’s $3.7 trillion shadow banking industry.
China pulls back from U.S. private equity, stakes in UK firms have risen over years – reports
Chinese state-backed funds have stopped making new investments in U.S. private equity as part of a broader strategic financial decoupling from the U.S., FT reported, citing private equity executives …
