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Economy

China's exports to the US sink but beat forecasts as tariffs bite

The data, which arrives just ahead of tariff talks between Washington and Beijing, shows a diversion of Chinese goods away from the United States.

Economy

China launches measures to boost economy while planning US trade talks

At the moment, US tariffs against China are up to 145%, whereas China has imposed levies of up to 125% on imports from the US.

Tech News

US robot makers fear Trump tariffs may impact humanoid race with China

Elon Musk warned investors last week that China's countermeasures restricting shipments of rare earth magnets will delay Tesla's development of its Optimus humanoid robots.

Economy

China evaluating US offers for trade talks but tariff obstacle remains

China’s Commerce Ministry said on Friday that Beijing is evaluating multiple approaches by the Trump administration for trade talks.

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Economy

China’s manufacturing drops to a 16-month low as Trump’s tariffs bite

China’s factory activity in April fell to its lowest level since December 2023 as US tariffs weighed on business sentiment. Analysts noted that importers have now adopted a “wait-and-see” approach after Chinese manufacturers rushed to complete orders in March.

Business

Trump claims China meeting despite Beijing denying trade talks

Trump insisted that a meeting with China had taken place regarding tariff negotiations, despite Beijing denying any such talks. Investors, however, saw signs of a de-escalation in the trade war, as global stock markets recovered most of the losses in April.

Economy

Markets rebound as Trump signals cutting China tariffs 'substantially'

Global stock markets experienced a relief rally after US Treasury Secretary Scott Bessent indicated that high tariffs were not sustainable, raising hopes for a de-escalation in the US–China trade war. President Trump confirmed the stance and signalled that tariffs on China would be cut.

Markets

Gold price hits record high: What’s behind the precious metal’s rally?

Gold prices have surged almost 31% so far this year already, driven by rising safe haven demand and an increasingly volatile global economy.

EuroVerify

Are Europe's luxury handbags all produced in China?

The US and China’s ongoing trade war has taken to TikTok and European fashion houses have found themselves sandwiched in the middle.

Tech News

Countries are preparing for digital attacks. What are the risks?

Experts in the United States, in particular, are calling for a more muscular approach to protect their digital frontier.

Economy

China vows retaliation against countries supporting US trade isolation

Beijing has vowed to retaliate if other countries strike trade deals with the United States at the expense of China’s interests, in response to news that the Trump administration is pressuring trading partners to isolate China in negotiations.

Business

Chinese exporters seek new markets to offset US tariff impact

Key to this are trade fairs, where many can showcase their products and create sales channels to offset tariff impacts, with the end goal of finding other opportunities beyond traditional markets like the US.

Business

Donald Trump announces fees on Chinese-built vessels at US ports

The Trump administration announced new fees on Chinese-built vessels on Thursday, stating that the move aims to "begin to reverse Chinese dominance, address threats to the US supply chain, and send a demand signal for US-built ships."

Cambodia

China's Xi visits Cambodia to strengthen bilateral ties and trade

The Chinese president concluded his Southeast Asian tour in Cambodia, meeting top officials to strengthen ties and discuss trade amid US tariff concerns.

Economy

China appoints a new trade negotiator during tariff fight with the US

Li Chenggang, a former assistant commerce minister, will replace Wang Shouwen as trade tensions heat up between Beijing and Washington.

Business

Nvidia expects $5.5bn revenue hit as US curbs chip exports to China

Nvidia shares have fallen more than 5% in after-hours trading after the US said the chipmaker would require a licence to sell H20 chips to China.

Economy

China’s first-quarter economic growth beats estimates as tariffs loom

China’s economy grew by 5.4% in the first quarter, surpassing analysts’ expectations. Other key economic data has also topped estimates, suggesting the stimulus measures have been effective in bolstering the world’s second-largest economy. However, its economic outlook remains uncertain.

Economy

Xi makes a case for free trade as he tours Southeast Asia

China is seeking to position itself as a pillar of stability as US President Donald Trump continues to spook investors with tariff plans.

Economy

China’s Xi hits out at Trump, says there are no winners in tariff war

China’s leader Xi Jinping made the comments as he began a diplomatic tour of Southeast Asia on Monday, reiterating China’s commitment to global trade.

Economy

Trump team tries to bolster confidence after tariffs chaos in markets

While investors remain anxious about the impact of tariffs on global markets, White House advisors are warning against panic. The fast-changing nature of Trump's trade policies means this message is — however — hard to swallow.