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Chinese traders in world’s largest wholesale market adjust to fewer US buyers

The American accent is conspicuously scarce among foreign buyers wandering the aisles of China’s largest wholesale market – a sprawling…

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Opinion | In the face of trade bullying, appeasement is not an option

The US administration’s announcement of “reciprocal tariffs” targeting all its trading partners instantly sent global markets into turmoil, wiping trillions…

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At G20 in Washington, top Chinese officials slam trade war as talks remain elusive

China’s central bank governor and finance minister – its top financial and economic officials – have condemned the trade war…

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Hong Kong stocks rise on Federal Reserve rate-cut hopes

Hong Kong stocks rose on Friday along with other major Asia-Pacific markets on optimism the US Federal Reserve could cut…

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China’s wealthy are hoarding cash amid an uncertain economy, survey finds

China’s high-net-worth investors prioritised “safety” in 2024 amid a period of economic turbulence, according to a new report, and analysts…

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Trump’s ‘anxious’ tariff comments put China in control, analysts say

The White House’s latest signs of easing its position on tariffs against China do not indicate a notable advancement in…

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New Business

China rolls out plan to promote its own payment system as US trade war simmers

China has released an action plan to promote the use of the yuan and its own payment system in international…

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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

China says Trump trade tactics will backfire, like ‘bargaining with a tiger for its skin’

China has warned that it will firmly oppose and retaliate against any attempts by other countries to trade away its…

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New Business

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

French student Sara Leghtas was pleasantly surprised with her first purchase on Taobao, a household e-commerce name in China that…

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