As China prepares its digital yuan for wider domestic and cross-border use, the global debate has turned again to a familiar question: is Beijing trying to challenge the US dollar’s dominance? But this misses the more consequential point. The significance of China’s digital currency push lies not in substitution, but in the transformation of the…
It has been a turbulent year for the fraught US-China relationship. In the fourth part of a series looking back at the events of 2025, we examine the impacts of Trump’s foreign policy on global geopolitics. As the administration of US President Donald Trump ends its first year, expect the unabashed disrupter to continue applying…
The United States is striving for a more “constructive” relationship with China after this year’s trade war and will continue to pursue a “managed” bilateral trade relationship, its chief trade envoy said, despite concerns lingering over China’s grip on critical minerals and pushback over the White House’s recent approval of H200 AI chip sales. The…
US President Donald Trump’s administration needs to reverse the destructive policies undercutting America’s ability to compete with China in strategic hi-tech sectors or see Beijing race ahead, a leading member of the hardline US House Select Committee on China said on Wednesday. China’s commitment to the progress of tech innovation has caused unease in the…
American business leaders are looking to use Hong Kong as a “springboard” for tapping markets in China and Asia despite geopolitical tensions amid a wider reassessment of the mainland’s technological innovation, the city’s finance chief has said. Reflecting on his trip to New York and Washington last week, Financial Secretary Paul Chan Mo-po also said…
EU officials are scouring the continent for levers they can pull to inflict maximum pain on others, as they look to survive in a world in which allies and partners are weaponising Europe’s own dependencies at an alarming rate. Trade bureaucrats are building a database of potential chokepoints that can be squeezed as deterrents or…
European Union leaders still want to collaborate with the United States on China policy – even as Washington’s envoys continue to slam the bloc’s digital laws. The dynamic played out at a forum in Brussels on Tuesday, where American diplomats bashed Europe’s green, digital and economic policies, insisting that the EU would need to change…