trade tensions

New Business

Canadian CEO cuts out US middlemen, forges direct China ties as supply chains break down

Amid the labyrinth of stalls at Yiwu’s small-commodities market – the world’s largest wholesale hub, located in eastern China –…

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New Business

Mark Tucker, HSBC chairman, plans to retire before the end of 2025

Mark Tucker, the chairman of HSBC Holdings, plans to retire after eight years in the job and the search for…

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New Business

Hong Kong’s home prices slip towards 9-year low as Trump tariffs spook buyers

Hong Kong’s lived-in home prices fell for a fourth straight month in March, dragging a key market indicator to the…

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New Business

As Guangdong GDP growth lags, is Jiangsu on track for No 1 spot in China?

The eastern Chinese province of Jiangsu, which topped the national economic growth table in the first quarter of this year,…

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New Business

IMF slashes GDP growth estimates for China, US and world as trade tensions rise

The International Monetary Fund (IMF) has cut its 2025 GDP growth forecast for the United States deeper than that of…

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New Business

Firm tied to Philippines brand Oishi pays US$16.5 million for 2 Hong Kong shops

A company linked to Philippines tycoon Carlos Chan and the producer of Oishi snacks bought two ground floor shops in…

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New Business

China’s exports up 12.4% in March as sellers rush to beat US tariffs

Beijing’s massive export machine remained resilient in March as two earlier bouts of US tariff increases began to take effect,…

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New Business

China’s sci-fi industry shoots for the stars as Beijing pushes ‘quality’ growth

When Alida Guo first discovered Liu Cixin’s groundbreaking sci-fi novel The Three-Body Problem in high school, she was captivated. The…

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New Business

Exclusive | Chinese exporters said to be ditching shipments mid-voyage to avoid crushing Trump tariffs

Amid escalating trade tensions between China and the United States, some Chinese exporters are taking the drastic step of ditching…

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New Business

China opts for stability over devaluation as tariff tremors give yuan a jolt

While China’s central bank has set the yuan’s daily reference rate to a four-month low against the US dollar, the…

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