(Reuters) -China has granted tariff exemptions on select pharmaceuticals, microchips and aircraft engines from its 125% retaliatory tariffs on U.S. goods imposed after President Donald Trump unleashed his tariffs in April.
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US imposes Iran-related sanctions on third China ‘teapot’ refinery, ports
U.S. President Donald Trump’s administration on Thursday imposed sanctions on a third Chinese independent – or “teapot” – oil refinery, and port terminal operators in China for purchases of Iranian oil.
Chinese companies line up to sell ‘innovation bonds’, capitalising on Beijing’s technology push
Chinese banks, brokerages and private equity firms are among companies kicking off plans on Thursday to sell so-called sci-tech innovation bonds.
China issues disaster prevention and mitigation plan to ensure stable grain harvest
China has recently issued a disaster prevention and mitigation plan to ensure a stable grain harvest, urging major efforts in response to drought, high temperatures and heat damage, national …
Xi Jinping tries to press China’s advantage in South America
Xi Jinping, China’s president, will welcome South American bigwigs to Beijing for China’s biggest diplomatic jamboree since Donald Trump took office. Among them will be Luiz Inácio Lula da Silva (known as Lula),
US AI execs to give Congress policy wishlist for beating China
Top executives at American AI giants OpenAI, Microsoft and AMD are set to appear at a U.S. Senate hearing on Thursday and outline ways they believe Washington can stay ahead of Beijing in the artificial…
Trump Says He’ll Raise Jimmy Lai’s Case in China Trade Talks
President Donald Trump said he will raise the case of ex-media mogul Jimmy Lai as part of US trade talks with China, a move likely to antagonize Beijing just days before the two sides meet.
Russia’s VEB development bank plans $42 billion in funding for projects with China, chairman says
Russian state development bank VEB plans to provide around 3.5 trillion roubles ($42.74 billion) in funding for joint projects with Chinese businesses, VEB head Igor Shuvalov said on Thursday as the two countries’ leaders held…
Huawei building new chip fab in Shenzhen for advanced chip production – report
Huawei is building a production line for advanced chips in Shenzhen, the FT has reported, citing satellite imagery obtained by the news outlet. Three manufacturing sites are currently under …
Schmidt Hammer Lassen tops Shenzhen Energy Ring with rooftop walkway
Architecture studio Schmidt Hammer Lassen has completed a power plant in Shenzhen, China, that is topped with a rooftop walkway. Located in Shenzhen’s Longgang District, the Shenzhen Energy Ring will …
Russia, China discuss Beijing’s participation in Russian LNG projects, minister says
Chinese companies’ involvement in Russian liquefied natural gas projects is being discussed by Russian and Chinese delegations at talks in Moscow, the Interfax news agency cited Russian Energy …
Covid-19 Likely Originated From Wildlife Trade, Not Lab Leak, Researchers Claim
A new genetic study suggests Covid-19 likely originated from the wildlife trade, specifically in Wuhan’s markets, rather than a lab leak.
AB InBev Offsets Volume Drop With Higher Premium Beer Sales
Anheuser-Busch InBev offset a fall in volumes with higher profits by cutting costs and driving consumers to drink more of its premium beer.