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‘Gloves off’ in US-China trade war with Trump’s surprise tariff spikes

New tariff increases from the United States on goods from several trading partners – including an additional 10 per cent…

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New Business

China’s DeepSeek shocked the tech world. Can its home province do it again?

As China’s DeepSeek – a relatively recent entrant in a crowded field of companies producing artificial intelligence (AI) models –…

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New Business

Chinese yuan surges after Trump goes easy on China in inaugural address

The Chinese yuan surged on Monday night after US President Donald Trump struck a softer-than-expected tone on China during his…

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New Business

US Fed’s hawkish rate-cut forecast slams China’s yuan

The offshore yuan weakened overnight and broke a key psychological level of 7.3 per US dollar, as the US Federal…

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New Business

China unveils plan to guide exporters through tempestuous trade waters

China has announced it will aid its export sector with policies to cope with external trade barriers – restrictions that…

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New Business

China’s factory activity remains in contraction amid weak economic momentum

A reading above 50 typically indicates an expansion of economic activity, whereas a reading below implies a contraction. “China’s economic…

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New Business

China to keep up financial risk control campaign with draft rules for microlenders

China’s financial watchdog has taken a step further in setting standards for the microlending industry, placing limits on loans and…

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