BEIJING: China’s exports topped forecasts in November, buoyed by a boost from a tariff truce with the U.S. even as weak factory activity and vanishing returns from front-loading point to a challenging 2026. Outbound shipments from the world’s second-biggest economy grew 5.9% year-on-year, customs data showed on Monday, reversing from a 1.1% contraction a month…
Randal Shelby planned carefully and waited years to ditch a career spent in hospitals and medical centres to chase a dream in which he traded antiseptic hallways full of sick patients for the great outdoors. His new life started six years ago, after he secured about US$1.3 million in financing for a Case combine and…
US Treasury Secretary Scott Bessent said Sunday that Washington hopes to finalize a deal with China for securing supplies of rare earths by the Thanksgiving holiday at the end of November. Under the tentative deal — reached in late October at a meeting between Presidents Donald Trump and Xi Jinping in South Korea — Beijing…
By David Lawder WASHINGTON (Reuters) -U.S. President Donald Trump and Chinese President Xi Jinping on Thursday took steps to de-escalate their trade war, swapping some U.S. tariff reductions and tighter export controls for a pause in Beijing’s new restrictions on rare earth minerals and magnets and a resumption of its purchases of American soybeans. The…
As the presidents of China and the United States prepare to meet in South Korea next week, observers remain sceptical of breakthroughs but see potential for incremental steps towards mutual de-escalation of US-China tensions. Without confirming a bilateral meeting with Donald Trump, China’s foreign ministry said on Friday that Xi Jinping would visit South Korea…
WASHINGTON, DC – APRIL 02: U.S. President Donald Trump displays a signed executive order imposing tariffs on imported goods during a “Make America Wealthy Again” trade announcement event in the Rose Garden at the White House on April 2, 2025 in Washington, DC. Touting the event as “Liberation Day”, Trump announced sweeping new tariffs targeting…
President Donald Trump announced Friday that the U.S. could impose tariffs of up to 100% on imports from China by Nov. 1, marking an escalation in the U.S.–China trade conflict and raising uncertainty across global supply chains. In a Truth Social post Friday, Trump said the tariffs were retaliation for China’s new export controls announced…
China’s consumer robotics start-ups are finding new growth opportunities in overseas markets, providing a new development model for the country’s manufacturers as they attempt to escape problems wrought by excess capacity and destructive price wars at home. These up-and-coming robotics firms are leveraging mature supply chains and rapid product iteration cycles to compete on technology…
Several auto giants, including Japan’s Toyota, have factories in Mexico (Guillermo Arias) Mexico, under pressure not to serve as a back door for Chinese goods entering the United States, has proposed a 50 percent duty on car imports from the Asian giant — up from 15-20 percent. The initiative, contained in a bill submitted by…
Some mainland Chinese technology companies are choosing to take advantage of Hong Kong’s policies and government support to help mitigate geopolitical risks in their international expansion. Insta360, a company listed in Shanghai that holds a 70 per cent share of the global panoramic camera market, is having its Hong Kong distributor open the company’s first…