China’s factory activity slump worsened in October, reaching its longest decline in more than nine years as a deepening economic slowdown sets in during the final quarter. The official manufacturing purchasing managers’ index was 49, versus 49.8 in September, the National Bureau of Statistics said Friday. The median estimate of economists surveyed by Bloomberg was…
BUSAN, South Korea (AP) — Three-digit tariffs are off the table, but import duties on each other are higher than in January. Rare earth materials will flow more smoothly, but China has put in place an export permitting regime that it can tighten or loosen as needed. Port fees will go away, but only for…
OMAHA, Neb. (AP) — American farmers welcomed China’s promise to buy some of their soybeans, but they cautioned this won’t solve all their problems as they continue to deal with soaring prices for fertilizer, tractors, repair parts and seeds. The Chinese promise to buy at least 25 million metric tons of soybeans annually for next…
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. ‘Amazing’ Xi-Trump summit, as it happened – deals struck as trade war thaws Chinese President Xi Jinping has held talks with his American counterpart Donald Trump, their first in-person…
US president says rare earths issue settled after ‘amazing’ meeting with Chinese counterpart. Published On 30 Oct 202530 Oct 2025 Click here to share on social media share2 Share Gyeongju, South Korea – United States President Donald Trump has announced an agreement with China to lower some US tariffs and avert Chinese export controls on…
blinking-dotLive updatesLive updates, Tensions between China and the US have escalated amid Donald Trump’s tariff threats and new restrictions on exports. Published On 29 Oct 202529 Oct 2025 Click here to share on social media share2 Share Source link
The United States and South Korea have advanced trade talks, addressing details of $350bn that would be invested in the US economy, after negotiations and ceremonies that included the presentation of a gold medal and crown to US President Donald Trump. Both were gifts from the country’s president, Lee Jae Myung, who dialled up the…
US and Chinese leaders are expected to sign a trade deal in their first meeting since 2019. Published On 29 Oct 202529 Oct 2025 Click here to share on social media share2 Share Gyeongju, South Korea – United States President Donald Trump says he expects to seal a “great deal” with China at his high-stakes…
Gyeongju, South Korea – As US President Donald Trump and Chinese leader Xi Jinping prepare to meet for the first time since 2019, Washington and Beijing appear poised to reach a deal to lower the temperature of their fierce rivalry. But while Trump and Xi are widely expected to de-escalate US-China tensions in South Korea…
When the US and China settled their earlier trade war in 2020, American soybean producers saw their exports surge to near record levels. This time around, any deal is likely to yield far smaller rewards. President Donald Trump and his counterpart Xi Jinping are expected to sign off on terms of a framework struck by…