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Chinese maker of cleaning robots has US deal suspended amid tariff turmoil
Lingdu Intelligent Technology’s first US buyer halted a US$1.6 million deal for its X-Human robots as it waits for changes in US tariff policy, COO says.
6 hours ago
US-China trade war
China’s trade talk comments aim to ramp up pressure on US, analysts say
2 May 2025 - 10:00PM
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China consumption
China’s Labour Day travel boom bodes well for spending, but box office fizzles
2 May 2025 - 5:20PM
US-China trade war
Canton Fair offers fee refunds as China moves to protect tariff-struck exporters
In an unprecedented move to protect firms amid trade war with the US, the expo has cut fees for Chinese participants in half.
2 May 2025 - 3:16PM
Canton Fair participants have received unprecedented relief on expo fees as China moves to protect exporters in the heat of the trade war. Photo: Xinhua
US-China trade war
US jobs growth likely slowed in April, economists’ survey shows
Non-farm payroll growth probably slowed to 138,000 last month, according to a Bloomberg survey of economists.
2 May 2025 - 11:46AM
Banking & finance
How are Shanghai’s global financial centre aspirations shaping up?
He Lifeng was accompanying President Xi Jinping on Chinese leader’s first inspection tour since US tariffs escalated trade war.
2 May 2025 - 12:00PM
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US-China trade war
China says it is looking at American proposals to scale down tariff war
Ministry of Commerce says US has ‘recently taken the initiative to relay messages to China’.
2 May 2025 - 7:27PM
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Shipping containers at the port of Oakland in California on April 10. Photo: Reuters
US-China trade war
‘They’re afraid’: Chinese firms in Vietnam face closure if US tariffs return
Many factories have already cancelled orders and scrapped expansion plans despite the US pausing its ‘reciprocal’ duties for 90 days.
2 May 2025 - 9:10AM
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US-China trade war
Small US businesses seek relief from Trump tariffs, calling them crippling
Business owners say they cannot wait while trade negotiations unfold: ‘we don’t have the bandwidth to plan out six months ahead’.
2 May 2025 - 7:49AM
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US-China trade war
A month into Trump’s trade war, the world is divided – how are nations reacting?
China retaliated with strong measures against Washington’s record-high tariffs, but other countries have preferred a softer approach.
1 May 2025 - 8:02PM
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Banking & finance
Gold demand up, price tipped to stay high as Trump tariffs fuel anxiety
First-quarter demand up 1 per cent to 1,206 tonnes as World Gold Council highlights uncertainty premiums associated with US assets.
1 May 2025 - 6:30PM
Gold bars stacked at the Pro Aurum gold house in Munich, Germany, on January 10. Photo: Reuters
China airliners
China’s C919 stuck on tarmac in Europe as certification timeline extended
European regulator says approval for the C919 could take three to six years, dashing hopes China’s jet would pass inspection in 2025.
1 May 2025 - 9:00AM
49
US-China trade war
Business lobby group urges lowering of tariff ‘temperature’ to save US jobs
US-China Business Council says ‘precipitous decline’ in bilateral trade could destabilise US economy.
30 Apr 2025 - 10:19PM
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Hong Kong stock market
Worst in 50 years: Trump gets ‘F’ in 100-day report card for markets
The Dow and the S&P 500 plunged in first 100 days of Trump’s second term, while US dollar weakened against yen and Swiss franc, data says.
30 Apr 2025 - 10:53PM
US-China trade war
How are tariff increases affecting restaurants in US and China?
American steaks off the menu in Beijing, as prices of Chinese ingredients in US rise ‘across the board’.
30 Apr 2025 - 8:30PM
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A chef cooks steaks in the kitchen of Wolfgang’s Steakhouse restaurant in Beijing, which specialises in US beef. Photo: Reuters
China travel
Chinese flight bookings to US in summer decline amid tariff war
Cancellations of flights from China to the US in June have been outnumbering new bookings, according to China Trading Desk CEO.
30 Apr 2025 - 7:00PM
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US-China trade war
Chinese traders in world’s largest wholesale market adjust to fewer US buyers
A growing global base of customers is helping vendors in Yiwu city mitigate the fallout from a tariff war with the United States as uncertainties take toll.
30 Apr 2025 - 12:00PM
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US-China trade war
Trump hails tariffs – achievement list from administration barely mentions them
In a 90-minute speech in Michigan, Trump justifies ‘China tariffs’ as an effort to curb ‘the greatest job theft in the world’.
30 Apr 2025 - 8:45PM
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President Donald Trump arrives to speak on his first 100 days at a Macomb County sports centre in Warren, Michigan, on Tuesday. Photo: AP
US-China relations
Amazon scraps plan to list tariff costs after Trump official calls it ‘hostile’
E-commerce giant says plan ‘never approved’ following White House complaint; Senate confirms David Perdue as US ambassador to China.
30 Apr 2025 - 7:24AM
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US-China trade war
China calls Boeing ‘victim’ of White House tariff policy as jets return to US
US aircraft manufacturer receives implicit olive branch from China’s Ministry of Commerce as spokesperson laments severing of normal business ties.
29 Apr 2025 - 9:36PM
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US-China trade war
US, China seen cutting tariffs this year, but much damage already done: analysts
Unless tariff-related uncertainty is resolved quickly, a ‘sharp, synchronous slowdown’ is possible, Morgan Stanley warns.
29 Apr 2025 - 4:00PM
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US-China trade war
Exclusive
|
Walmart tells some Chinese suppliers to resume shipments amid trade war: sources
The American retail giant will reportedly also bear the cost of any new tariffs, after the escalating US-China trade war slowed deliveries to a trickle.
29 Apr 2025 - 5:08PM
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US retail giant Walmart has reportedly told some Chinese suppliers to resume shipments, in a possible sign that a deal to de-escalate the US-China trade war may be getting closer. Photo: AP
US-China trade war
China’s food, energy supplies secure without US imports, official says
Beijing says it has self-sufficiency in staple crops and energy, and enough alternative import sources to offset even a total loss of US goods.
29 Apr 2025 - 11:20AM
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China trade
US farmers’ loss is Brazil’s gain as China diversifies soybean imports
With tariffs on US soybeans, most of China’s summer imports will come from Brazil, according to the US Department of Agriculture’s April outlook report.
28 Apr 2025 - 8:30PM
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China jobs
US tariffs could endanger 16 million export jobs in China: Goldman Sachs
Investment bank researchers say retail, wholesale goods likely to be hardest hit, particularly apparel, chemical products and communications gear.
28 Apr 2025 - 11:32AM
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HIGHLIGHTS FROM
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30 Apr 2025 - 7:28AM
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Meitu founder buys Hong Kong’s Ginza-style building for US$84 million
2 May 2025 - 8:00PM
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Why car park operator Shoucheng is doubling down on China robotics investment
2 May 2025 - 7:00AM
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Shanghai start-up United InnoMed plans studies to develop heart-failure treatment device
2 May 2025 - 2:28PM
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