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Breaking news and analysis on US-China relations, including trade war, talks, and tensions between Washington and Beijing.
China added nearly 2 million new private companies in the first quarter as supportive economic policies ramped up. Photo: Reuters
China’s private sector

China adds 1.98 million private firms in first quarter as calls for support rise

Top market regulator says 40 per cent of business registrations from January-March were in emerging sectors and new technologies.

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HKEX

PDD and Futu among US-listed firms eligible for Hong Kong move: Goldman

Trade

US finalises tariffs on Southeast Asian solar imports

China economy

My Take | China’s tariff opportunity: US trade war could spur needed economic reforms

As it did during the Asian financial crisis, China has a chance to rethink its economy in a way that will lay the groundwork for future growth.

A woman sits at her booth at a market in Shanghai on April 16. Photo: EPA-EFE
Yuan

Yuan trade settlements on rise amid ‘soaring volatility’ in US Treasury market

Washington’s policies seen opening door to greater yuan internationalisation, undermining but not removing US dollar’s dominance in global trade.

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US-China trade war

China’s satellite self-reliance could get a boost from Trump’s tariffs: expert

Trade restrictions may hasten China’s drive to make its satellite industry more competitive as it reduces dependence on US components.

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The Philippines

Philippine provinces torn between US military and China’s economic reach: study

US military hosts Cagayan and Palawan hold opposing views of Beijing because of their economic engagements with China, according to a study.

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Philippine President Ferdinand Marcos Jnr returns salutes during a troop visitation in Palawan island. Photo: EPA-EFE/Western Command Armed Forces of the Philippines
US-China trade war

Opinion | How hard will Trump’s tariffs hit Hong Kong?

While the city’s status as a free port and logistics hub will shield it from total economic ruin, diversifying trade partners is key.

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US-China trade war

What did China’s Xi Jinping achieve on his trip to Southeast Asia?

Xi was hoping to galvanise support for a united front against US tariffs. Each country had its own response, observer says.

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US-China trade war

China is weaning itself off US soybeans as decade-long outlook comes into view

The days of China relying on America for soybeans could be numbered as agricultural ministry outlook report for next decade puts onus on self-sufficiency.

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The trade of soybeans is among the most contentious battlefields in the US-China tariff war. Photo: Reuters
China-Africa relations

China-Africa trade makes ‘moderate’ gains despite US tariffs, currency weakness

First quarter customs data shows Chinese exports to Africa climbed 11.3% to US$45.92 billion while imports from the continent fell 9.4%.

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China is reported to have been Africa’s top trading partner for 15 consecutive years, with trade exceeding US$295.56 billion in 2024, a 6 per cent increase from the previous year. Photo: EPA-EFE
Hong Kong

China to sanction US Congress members and others over Hong Kong issues

Sanction decision announced by China’s Ministry of Foreign Affairs on Monday afternoon amid fierce trade war between China and the US.

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The Philippines

Philippines, US launch ‘full battle’ Balikatan drills, some near Taiwan

About 17,000 troops will take part in the joint exercises, which include a combined air and missile defence simulation for the first time.

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US-China trade war

‘Bargaining with a tiger for its skin’: China says US trade tactics will fail

Ministry of Commerce calls for countries to resist US trade coercion after report said Washington asked them to curb economic ties with China in exchange for tariff relief.

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Washington has reserved its heaviest trade blows for China, having imposed 145 per cent in tariffs on Chinese imports, prompting Beijing to hit back with a 125 per cent levy on imported US goods. Photo: AFP
US-China trade war

Opinion | Could Trump’s tariffs make China faster, leaner and stronger?

The trade war may be painful but it could be just what the country needs to bring down domestic barriers to growth.

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A smaller fighter with superior inner balance and core strength can overcome a larger opponent. Photo: Xinhua
China economy

Opinion | Why the impact of US tariff war on China won’t be all that great

China’s shrinking dependence on exports and the US, coupled with its economic resilience, means it can still grow by 4.5 per cent this year.

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Donald Trump

Trump to gut US diplomacy in Africa, cut global soft power: report

‘Non-essential embassies and consulates in sub-Saharan Africa shall be closed’ and remaining missions to be consolidated, draft order says.

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Currencies

Opinion | China has a secret weapon in US trade war – the renminbi

Taking a leaf from Russia, China should make ‘unfriendly’ countries like the US use Chinese currency for trade transactions.

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Renminbi appreciation could hinder exports, but this must be assessed in the context of China’s industrial upgrades. Hi-tech products account for about 27 per cent of China’s total exports, a higher share than for the US or Japan. China’s export growth no longer has to rely on its cost advantage alone. Photo: Reuters
US-China tech war

‘Complacent’ US risks losing out to China in Global South tech race, report says

Washington risks ‘falling behind’ in the race to shape advanced technology if it does not engage with developing countries, report warns.

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US-China trade war

Chinese ambassador warns US not to repeat tariff mistakes of the past

American mistakes in the wake of the Wall Street Crash such as protectionist measures are ‘still fresh today’, Xie Feng warns.

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China trade

French flock to Chinese e-commerce bargains, hunt for ‘agent Taobao’ to deliver

Amid US-China trade war, TikTok accounts show users how to purchase cheap goods directly from Chinese factories to avoid pricing mark-ups and tariffs.

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An illustration pictured on April 16, 2025 shows the logo of Chinese shopping app Taobao. Photo: AFP
Hong Kong economy

Foreign capital rushing into Hong Kong, mainland amid US tariff war: Paul Chan

Some overseas financial institutions have also expanded their operations and hiring in Hong Kong, Paul Chan says.

Hong Kong’s safe and stable environment will be maintained, Financial Secretary Paul Chan has pledged. Photo: Sun Yeung
Hong Kong economy

‘Hong Kong could fall short of 2% growth forecast amid Trump tariffs’

Veteran banker George Leung also says local stock market may experience short-term fluctuations.

Hong Kong economy

Hong Kong’s re-exporters on edge despite US tariff exemption on electronics

Industry leaders urge tapping into emerging markets and transforming city into global supply chain hub to navigate trade war.

Asean

Opinion | Could Asean help jump-start US-China trade negotiations?

The bloc’s summit involving dialogue partners is an ideal space for the US and China to talk, but time is of the essence.

The Asean flag is placed alongside the flags of its member countries ahead of the bloc’s foreign ministers’ retreat in Langkawi, Malaysia, on January 17. Photo: Reuters
Hong Kong economy

Peru port could be an answer to US fees on Chinese ships: Hong Kong experts

‘The measure could potentially hit [the US’ own] logistics … affecting not only us but the rest of the world,’ industry leader says.

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The US has announced it will impose port fees on Chinese vessels docking in the country. Photo: AFP
K-pop, Mandopop, other Asian pop

Being Chinese | I’m a Cannes-going Chinese showbiz producer. It’s fun – except when it isn’t

I make deals with international studios and platforms. Often, I face a wall of Western presumption about the Chinese way of doing things.

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Focus

Are China’s space ties with Latin America under threat as the US asserts power?

Trump administration to increase scrutiny of Sino-Latin American space cooperation to curb China’s influence, analysts say.

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