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Chinese President Xi Jinping talks with US President Donald Trump at the Zhongnanhai compound during their summit in Beijing in May. They are set to meet again in Washington in September. Photo: AP Photo
US-China trade war

Exclusive | US-China ‘Board of Investment’ stalls before expected Trump-Xi meeting

President of US-China Business Council says neither side has ‘initiated consultation process’ or is ready yet for private sector discussions.

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China trade

Fearing deflated China demand, US soybean growers pivot to new buyers, biofuel

US-China trade war

US faults China over vague overseas lending, warns of emerging-market debt risks

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US-China relations

Facebook parent Meta to unwind US$2 billion Manus AI deal after Beijing block

Chinese-founded AI platform says affected users’ data will be deleted as it returns to independent operations.

Meta acquired Chinese-founded AI platform Manus for a reported US$2 billion in December. Photo: Getty Images
Meta acquired Chinese-founded AI platform Manus for a reported US$2 billion in December. Photo: Getty Images
US-China trade war

US export controls achieving no strategic gain, hurting American firms: survey

US’ export-control licensing regime costs billions in lost exports, with items ‘already available in China’ from variety of other suppliers.

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United States

Trump extends Jones Act waiver for 90 days, narrows scope

The extension ensures the US military and key industries maintain uninterrupted access to critical resources, the White House said.

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China-Latin America relations

China moves to join Brazil’s WTO fight over Trump’s forced labour tariffs

Beijing said it held a substantial commercial interest in consultations Brasilia opened over duties of up to 37.5 per cent.

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Chinese President Xi Jinping (right) and Brazilian President Luiz Inacio Lula da Silva in Beijing in May 2025. China has asked to join Brazil’s WTO consultations over US tariffs. Photo: AP
Chinese President Xi Jinping (right) and Brazilian President Luiz Inacio Lula da Silva in Beijing in May 2025. China has asked to join Brazil’s WTO consultations over US tariffs. Photo: AP
China trade

Millions in US tariff refunds flow back to Chinese firms, buoying profits

Five listed firms, operating mainly in automotive and healthcare sectors, disclosed payouts, as reversal of duties strains US customs revenue.

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US-China trade war

China hits US, Mexican pecans with preliminary anti-dumping curbs

The investigation follows Mexico’s maximum 50% tariff hike on about 1,400 product categories, imposed under pressure from Washington.

Rare earths

Despite global tensions, China’s rare earth producers have profitable first half

Rapid expansion of AI supply chain has given rare earth prices a strong upwards trajectory, analyst says.

Rare earths are loaded on to a ship at a port in Lianyungang, Jiangsu province. Photo: AFP
US-China relations

US judge blocks Pentagon’s ‘Chinese military’ label for WuXi AppTec

Court finds defence officials misread evidence involving a state-linked fund, Chinese universities and a PLA hospital.

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WuXi AppTec is one of China’s largest pharmaceutical research and manufacturing services companies. Photo: Handout
WuXi AppTec is one of China’s largest pharmaceutical research and manufacturing services companies. Photo: Handout
US-China relations

Despite Trump’s visa crackdown, Chinese students vie for US university spots

Survey finds that 65 per cent of higher-education institutions have seen increases or no drop-off in number of applications from China.

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China trade

Lab-made diamonds ride AI demand for chip cooling as China leads industrial boom

Exports surge in first half of year, as the superior heat dissipation of diamonds expands market beyond jewellery, positioning China for further growth.

US-China relations

US sets 15% polysilicon tariff, price floors to challenge China’s dominance

Measures targeting a key material for solar panels and semiconductors add to trade tensions ahead of Xi Jinping’s expected US visit.

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The latest move adds to a growing cycle of retaliatory trade and technology measures by the world's two largest economies. Photo: Reuters
Cybersecurity

China launches probe into Palo Alto Networks as US trade tensions intensify

The move comes just a day after Beijing imposed sanctions on a string of US firms and tightened controls over the drone supply chain.

The flags of the US and China on a motherboard. Photo: Shutterstock
The flags of the US and China on a motherboard. Photo: Shutterstock
Yuan

China needs a stronger yuan, ‘fiscal boost’ to drive near-term growth: analysts

Rebalancing economy and offsetting a record trade surplus requires targeted stimulus to counter growing global trade barriers, analysts say.

US-China trade war

China’s retaliation against US shows depth of its trade war strategy: analysts

Beijing’s latest export controls and sanctions against American companies show its ‘countermeasures framework and toolkit have come of age’.

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US-China tech war

Chinese optical-module stocks rebound as analysts weigh ‘mild’ US AI curbs

FCC plan would preserve existing supplies while targeting next-generation products, forcing Washington to balance security concerns with cost of replacing Chinese capacity.

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Workers are seen at a data centre. Photo: Shutterstock
Workers are seen at a data centre. Photo: Shutterstock
US-China trade war

Copper floods US as traders anticipate Trump tariffs while ‘Taco’ concerns loom

Traders ship more than 200,000 tonnes of the industrial metal into American ports in July to front-load anticipated levies, as fears of policy reversal persist.

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US-China trade war

Beijing decries ‘bullying’ US tech curbs that ensnare Chinese firms and products

State mouthpiece warns that Washington’s bans on green energy and advanced manufacturing will backfire, while defending China’s open-source AI models.

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US-China trade war

US tech giants invited to discuss AI security tests at White House

Meta, Anthropic among companies to review voluntary framework on Tuesday as US government seeks early access to most advanced AI models.

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Anthropic is among the leading US artificial intelligence developers that have agreed to discuss early access to its most advanced models with the Trump administration. Photo: Reuters
Donald Trump

Democratic-led US states sue Trump over latest round of global tariffs

Coalition of 25 states claims president exceeded legal authority in imposing duties on 60 trading partners.

An American flag hangs from a crane at Port Liberty in Bayonne, New Jersey. US President Donald Trump slapped sweeping new tariffs on dozens of trading partners. Photo: AFP
An American flag hangs from a crane at Port Liberty in Bayonne, New Jersey. US President Donald Trump slapped sweeping new tariffs on dozens of trading partners. Photo: AFP
Banking & finance

Rare US-Japan intervention as yen hits 40-year low: what does it mean?

Washington steps in to save Tokyo’s weakened currency in first joint yen-buying action for almost 30 years, causing its value to surge.

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Artificial intelligence

Potential US ban on Chinese AI models could cost businesses US$12 billion a year

Washington is reportedly mulling a ban on foreign open-source AI models, but the move would likely raise costs for a slew of US companies.

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US-China trade war

US lawmakers investigate DoorDash’s use of Moonshot AI’s Kimi K2.6 model

Food delivery giant latest targeted as rising adoption of China-built AI models pushes Washington to find strategies to combat trend.

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US President Donald Trump receives a McDonald’s delivery via DoorDash outside the White House in Washington on April 13. Photo: Reuters
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