Catch up on some of SCMP’s biggest China stories of the day. If you would like to see more of our reporting, please consider subscribing. 1. China’s imports, exports cool as US tariffs cast chill over trade China’s export growth slowed in the first two months of 2025 compared to the end of 2024, a…
Feb 12, 2025 Chinese chipmakers are rapidly aligning with DeepSeek’s popular AI models, which is significantly boosting China’s strategic efforts to reduce its dependence on U.S. technology. For further insights, visit this source. Following the introduction of DeepSeek’s V3 and R1 models, major domestic chip developers are working tirelessly to distance themselves from Nvidia‘s technological…
Pirelli Tyre Co. must pay an antidumping duty after the Chinese company failed to convince a federal appeals court that it’s sufficiently independent of the Chinese government’s control. The Department of Commerce’s initial analysis of whether Pirelli China was entitled to a separate rate was based on “substantial evidence” that the People’s Republic of China…
President Xi Jinping has a nickname in China. Instead of calling him directly by name, people commonly use Da Da, or Mr. Big. After all, he is the nation’s most powerful politician in decades, serving a precedent-defying third term. He also dares to challenge the world’s biggest economy, and China’s only real rival, promoting a…
Chinese measures won’t take effect until Feb. 10, leaving Donald Trump and Xi Jinping time to defuse their growing trade war. Listen AI generated Text-to-speech Share Source link
Mexico’s finance chief Rogelio Ramirez de la O will host a conference call with investors on Monday after US President Donald Trump ordered 25% tariffs on exports from the country, sending the peso plunging in the Asian market. Ramirez De la O is scheduled to speak to investors at 9 a.m. Eastern Time on Monday,…
The United States could escalate its trade war with China within 10 days as President Donald Trump intensifies efforts to shrink the trade deficit with the country. Newsweek reached out to the Chinese Foreign Ministry by email with a request for comment. Why It Matters China’s meteoric rise to become the world’s second-largest economy in…
China’s record coal purchases last year were driven by big increases in supplies from Australia and Mongolia, while Russian cargoes actually fell. Now that Chinese demand is flattening, Mongolia could be best placed to hold or even grow its market share in its southern neighbor at Russia’s expense. Source link
Chinese soda maker Dayao is gearing up for a Hong Kong initial public offering as early as the second half of 2025, people familiar with the matter said, building on the city’s emerging recovery in new listings. The company, based in China’s Inner Mongolia, is working with advisers as it seeks to raise as much…
China is facing a repeat of the tensions and uncertainty from the first presidency of Donald Trump, only with a weaker economy that’s even more reliant on exports than it was during the first trade war with the US. China’s record trade surplus of nearly $1 trillion last year was equivalent to more than 5%…