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Economy, Trade & Business

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China trade
US Federal Reserve
The US and Canadian flags flutter next to the Blue Water Bridge border crossing in Point Edward, Ontario. Photo: AFP
United States

US warns Canada not to think it can win ‘devastating’ trade war

Bilateral trade talks have broken down as Ottawa says it would retaliate and match US tariffs affecting US$20 billion of Canadian goods.

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China energy security

In Focus | China, the US and EU are taking separate climate paths – but are any dead ends?

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Xinjiang

In Focus | As the US widens a Xinjiang trade ban, China’s cotton industry shrugs it off

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China-Latin America relations

Beijing rejects US tariff report as Mexico plans new China trade curbs

He Yadong says US levies threaten supply chains, while Mexico considers new duties on Chinese steel and textiles.

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An aerial view of the Contecon Manzanillo container terminal at the Port of Manzanillo in Mexico, a key gateway for trade with Asia. Photo: Handout
An aerial view of the Contecon Manzanillo container terminal at the Port of Manzanillo in Mexico, a key gateway for trade with Asia. Photo: Handout
US-China trade war

China urges US to drop sweeping drone tariffs, warns of supply chain fallout

Beijing also hit back at US allegations that Chinese exporters are evading duties, while drone shipments are already under serious pressure.

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US-China trade war

Money and ‘a lot of noise’: how the US’ critical-minerals sector vies with China

State-backed funding is driving American efforts to build domestic supply, but industry trends and price gaps are still seen as hurdles to reducing reliance on China.

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US-China relations

US urged to follow China’s lead in treating data as an economic asset

Congressional advisory panel urges Washington to develop national strategy as Beijing’s data push gives Chinese firms edge in AI, robotics.

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An employee programmes a robot to sort items at Maniformer, a physical AI data service platform, in Shanghai on August 5. Photo: Xinhua
An employee programmes a robot to sort items at Maniformer, a physical AI data service platform, in Shanghai on August 5. Photo: Xinhua
US-China trade war

How China got caught in the crossfire of a US bacon fight

A dispute over animal welfare and pork production has become the latest flashpoint in America’s increasingly heated farm politics.

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US-China relations

Will Washington’s tech crackdown test fragile US-China truce?

FCC restrictions on Chinese technology are challenging Beijing’s restraint as Trump and Xi prepare for an expected summit next month.

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Banking & finance

China trims US Treasury holdings amid Iran war, Fed uncertainty

Beijing cuts exposure to US debt to US$633.4 billion, official data shows, amid broader diversification push.

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US Treasury Secretary Scott Bessent at a cabinet meeting at Camp David, Maryland, on July 31. Photo: AFP via Getty Images/TNS
China-Latin America relations

Why Ecuador’s president is in China while enhancing security links with Trump

Ecuadorian president lands in Beijing seeking to free up key exports and gain Chinese investment, months after deepening US security ties.

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Ecuadorian President Daniel Noboa arrives in Beijing on August 16 to begin a state visit to China. Photo: Xinhua
Ecuadorian President Daniel Noboa arrives in Beijing on August 16 to begin a state visit to China. Photo: Xinhua
Artificial intelligence

Nvidia to provide up to US$105 billion guarantee for OpenAI’s Ohio data centre

Leading technology firms are increasingly tying ‌together chips, power and data centre development as they race to meet soaring AI demand.

China trade

US-China drone trade dealt another strike as Trump homes in on foreign dominance

Disrupted supply chains could complicate efforts of Chinese firms to expand globally in the fast-growing drone industry, while raising costs for American buyers.

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China-Latin America relations

US accuses 9 Latin American countries of helping China avoid Trump’s tariffs

More than 40 countries targeted for helping Beijing illegally avoid tariffs by rerouting trade via nations with lower American import duties.

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Chinese container ship Cosco Shipping Rose docks at the Panama Canal’s Cocoli locks in Panama City. The White House has accused nine Latin American economies of helping Beijing illegally evade US tariffs by rerouting trade through countries with lower US import duties. Photo: AP
Zhu Rongji

How Zhu Rongji’s economic legacy endures in China after former premier’s death

Remembered as a candid, decisive leader, the former Chinese premier championed entrepreneurship, welcomed foreign expertise and brought urgency to economic policymaking.

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Former US president Bill Clinton (right) and former Chinese premier Zhu Rongji appear at a press conference in April 1999. Photo: AFP
Former US president Bill Clinton (right) and former Chinese premier Zhu Rongji appear at a press conference in April 1999. Photo: AFP
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

With Chinese imports low according to a trade association, farmers are compensating by finding new markets and selling to biofuel makers.

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US-China trade war

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

US State Department introduces tougher disclosure requirement covering sovereign loans, liabilities and collateral.

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The US State Department said in its 2026 Fiscal Transparency Report on Tuesday that China had failed to meet its minimum transparency requirements. Photo: Reuters
The US State Department said in its 2026 Fiscal Transparency Report on Tuesday that China had failed to meet its minimum transparency requirements. Photo: Reuters
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.

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.

The Rishiri Galaxy, an oil and chemical tanker sailing under the flag of Panama, at the Texas City docks next to the Marathon Galveston Bay Refinery soon after the US announced a 60-day waiver of the Jones Act shipping law on March 18. Photo: Reuters
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
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