The latest impost, stacked on top of an earlier 20 per cent tariff, threatens to further ratchet up tensions between the world’s two largest economies.
Tagged By financials
OCBC’s Private Bank Seeks More Staff for Greater China Expansion
Oversea-Chinese Banking Corp.’s private-banking arm is considering adding between 20 and 30 relationship managers this year for its Greater China team, marking a substantial expansion in one of the …
Fitch downgrades China’s sovereign debt over spending and tariffs
Rating agency Fitch has downgraded China’s sovereign debt over concerns about weaker public finances and the impact of higher tariffs on exports, a move that prompted accusations of bias from Beijing.
Fitch cuts China rating on weakening finances, debt concerns, following Trump tariffs
China’s Ministry of Finance reacted strongly, describing the decision to downgrade from “A+” to “A” as biased and not reflective of reality Fitch Ratings downgraded China’s sovereign rating on …
China ‘optimistic’ about deeper UK financial co-operation
China’s vice-minister of finance has said Sino-British government relations have faced “ups and downs”, but he is “optimistic” about deeper financial co-operation between the nations, as the first …
How Trump’s ‘Liberation Day’ Tariffs Will Impact China
Beijing has vowed countermeasures in response and warned the new tariffs will cripple global supply chains — and Washington’s own interests.
Fitch Cuts China Rating Over Weakening Finances, Debt Concerns
Fitch Ratings downgraded China’s long-term foreign-currency issuer default rating on concerns of the country’s weakening public finances and rising public debt.
China vows retaliation as Trump unleashes ‘bazooka’ US tariffs
China vowed to retaliate against Donald Trump’s biggest tariffs yet , putting the world’s largest economies on a collision course that risks decimating bilateral trade and upending supply chains.
Are Trump’s Asia tariffs a ‘full-frontal assault’ on China?
As US President Donald Trump laid out tariffs on virtually every one of America’s trading partners on Wednesday, he had strong words for Beijing. “I have great respect for President Xi [Jinping] of China,
China’s financial innovations inspiring
Despite the current challenges, however, the global financial outlook has been stable so far. China has introduced a series of measures to safeguard financial stability, with a view to maintaining necessary levels of liquidity in…
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…
Bitcoin Nears Death Cross, Yuan Tumbles With Asian Markets After Trump Tariffs Put Focus on China’s Response
Asian equities and U.S. stock futures have declined, while bitcoin is nearing a bearish technical pattern amid escalating trade tensions.
Trump’s tariffs seen as far worse shock to China than first trade war
The trade standoff may wallop the economy just as its performance was steading in the beginning of 2025, with little sign of damage from tariff increases so far …
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