President Trump and Chinese leader Xi Jinping spoke on Thursday, and both countries pledged to restart tariff and trade talks in the coming days. Trump hailed the call as “positive,” with both leaders inviting the…
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US-China trade call’s impact on manufacturers, Trump and Musk feud: SCMP daily highlights
From the impact of Trump and Xi’s call on Chinese factories to a groundbreaking plane radar, here’s a round-up from today’s coverage.
China’s rare earth threat
On April 4, two days after President Donald Trump’s tariff blitz, Beijing had hit back by calling halt to its export of rare earth magnets. China controls over 90 per cent of the global processing…
China’s exports likely slowed in May amid trade uncertainties – Reuters poll
Growth in China’s exports likely slowed in May despite a lowering of U.S. tariffs on Chinese goods, as the fallout from the still-unresolved trade war and uncertainties in Sino-U.S. ties weighed on …
Lynas shares surge to two-year high on risks from China’s rare earth export restrictions
Lynas (OTCPK:LYSCF) (OTCPK:LYSDY) +10% in Thursday’s trading to their highest level since February 2023 after global automakers warned that China’s export restrictions on rare earth materials could …
China has stopped exporting rare earth metals. What will U.S. automakers do now?
Options include moving car part manufacturing to China despite tariffs, or just slowing down the push for electric vehicles.
China Introducing Strict Controls On AI Data Centres
China has plans to regulate tighter controls over Artificial Intelligence (AI) Data Centers, which could have significant effects on the crypto-currency market and this news has sent ripples through t …
China and India lead modest revival in Asia thermal coal imports: Russell
There are some tentative early signs that weak thermal coal prices are starting to boost import demand among Asia’s heavyweight buyers China and India.
China Warns BYD, Rivals to Self-Regulate on Price War Woes
Chinese officials summoned the heads of major electric vehicle makers, including BYD Co., to Beijing earlier this week to address concerns about the long-running price war, according to people …
Hong Kong IPO Rules Tested as China Firms Weigh US Delisting
Hong Kong is under growing pressure to loosen its rules so that more Chinese companies can shift their listings to the city from the US, part of the fallout of rising distrust between Beijing and…
After CATL’s IPO spark, China’s EV leaders bank on Hong Kong for growth funds
China’s top smart mobility firms like Chery Auto, Seres Group and Hesai eye Hong Kong market to fund global expansion plans More than a dozen smart mobility companies from mainland China are making a …
China to ban owning Bitcoin? Gate.io to pay $30M over liquidations: Asia Express
Asian media outlets report unverified rumors of Chinese ban on owning Bitcoin, Gate.io faces $30M bill after perps liquidation fiasco.
U.S. Imports, Deficit Plunge From March Surge, Affecting These Nations
On a YTD basis, U.S. trade was a record $1.94 trillion, exports a record $711.20 billion, imports a record $1.22 trillion, and the deficit a record $512.98 billion.
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