China has vowed to support the World Health Organization (WHO) after US President Donald Trump signed an executive order directing the United States to withdraw from the global health agency. This move comes after Trump…
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China enters ‘new normal’ for luxury market with flat sales expected in 2025, report says
China’s luxury market declined by 18% to 20% in 2024, marking the end of a period of “exponential growth”, with sales expected to remain flat this year, consultancy Bain and Company said at the launch…
Russia’s Putin and China’s Xi emphasize close reations, a day after Trump is sworn in as president
The two leaders have developed strong personal ties that helped boost relations between Moscow and Beijing, growing even closer after Putin sent troops into Ukraine in 2022.
Shenzhen’s Mawan Undersea Tunnel opens, linking key areas
The Mawan Undersea Tunnel, the first underwater tunnel in Shenzhen, Guangdong province, was officially opened on Tuesday. The tunnel, spanning approximately 8.05 kilometers, connects Qianhai …
Beijing Criticizes Trump’s Withdrawal From Paris Accord, WHO
China’s Foreign Ministry criticized President Trump’s decision to withdraw from the Paris climate accord and the World Health Organization, offering an initial look at how Beijing intends to present …
60% tariffs on China would be a ‘black swan’ event: FX strategist
Alvin Tan, head of Asia FX strategy at RBC Capital Markets, says he expects the Chinese yuan to weaken beyond 7.5 against the U.S. dollar toward the end of the year on expected higher tariffs…
Trump Warns Fate Of TikTok Deal Could Impact China Tariffs—Beijing Signals It May Not Block Sale
Trump warned he could hit China with 100% tariffs if it intervened and blocked a deal to allow 50% U.S. ownership of TikTok.
China’s solar, wind power installed capacity soars in 2024
China’s installed capacity of solar power and wind power climbed by 45.2% and 18%, respectively, in 2024, the National Energy Administration said on Tuesday, as the country seeks to ramp up renewable energy use and…
China Responds to Trump’s First-Day Comments: ‘A New Starting Point’
Chinese Embassy spokesperson Liu Pengyu told Newsweek that “China is willing to work with the new U.S. government.”
Soybeans on steroids: Trump’s grand bargain with China?
A winning strategy for Trump could involve imposing early punitive tariffs on Chinese imports and even on imports from Chinese firms operating in neighboring countries such as Mexico.
China stocks, yuan cautiously firm after Trump delays tariffs
By Samuel Shen and Jiaxing Li SHANGHAI/HONG KONG (Reuters) -Chinese stocks and the yuan tentatively rose on Tuesday, with investors relieved that U.S. President Donald Trump did not announce hefty …
China Has Raised the Cyber Stakes
Aggressors in these types of attacks have the advantage over the defenders, and China cannot be talked out of spying. But that does not mean these attacks should just be endured. The new Trump …
China will not agree to plug trade deficit with the U.S., says strategist
Quantum Strategy strategist David Roche discusses Trump’s tariff strategy, and what he’ll propose over the coming months. He suggests Trump will enact his campaign-promised tariffs slower than …