Tag: China

Germany’s Merz hails China ties as he seeks reset with Beijing

German Chancellor Friedrich Merz urged Chinese firms on Wednesday to step up investment in Germany but also called on Beijing to reduce market distortions as he began a visit aimed at resetting relations between the world’s second- and third-largest economies.

China consumer inflation rises less than expected in January as producer price deflation persists

China’s consumer inflation rose less than expected in January while the deflation in producer prices persisted, in a sign of continued deflationary pressure in the absence of stronger stimulus.

China Urges Banks to Curb US Treasuries Exposure on Market Risk

Chinese regulators have advised financial institutions to rein in their holdings of US Treasuries, citing concerns over concentration risks and market volatility, according to people familiar with the matter.

Russian oil sellers cut prices in China to attract demand as India wavers

Discounts on Russian oil exports to China widened to new records this week as sellers cut prices to lure demand from the world’s top crude importer and offset the likely loss of India sales, traders said.

China’s factory activity grows at fastest pace since October, private survey shows, beating official reading

China’s factory activity gathered speed in January, according to a private survey released Monday, as manufacturers accelerated production and front-loaded shipments ahead of the extended Lunar New Year holiday.

Trump launches $12 billion minerals stockpile to counter China, Bloomberg News reports

U.S. President Donald Trump is set to launch a strategic critical minerals stockpile with $12 billion in seed money, Bloomberg News reported on Monday, citing people familiar with the matter.

Carney says Canada not pursuing free trade deal with China as Trump threatens 100% tariffs

Canada has “no intention” of pursuing a free trade deal with China, Prime Minister Mark Carney said, after U.S. President Donald Trump threatened to slap punitive tariffs on Ottawa.

Exclusive-Britain, China to revive ’Golden Era’ business dialogue during Starmer visit, sources say

Britain and China will aim to revive a “golden era” business dialogue when Prime Minister Keir Starmer visits Beijing next week, three sources familiar with the initiative said, with top company executives from both sides invited to participate.

China economy poised to hit 2025 growth target despite weaker Q4, outlook darkens

China’s economic growth likely slowed to a three‑year low in the fourth quarter as domestic demand softened, and while the full‑year pace is ​set to hit close to Beijing’s target, trade tensions and structural imbalances pose significant risks to the outlook

China’s annual trade surplus hits a record $1.2 trillion, even as exports to U.S. decline by 20%

China’s exports growth in December sharply beat expectations, catapulting the annual trade surplus to a record high, while imports rose at their fastest pace in three months.

China inflation hits near three-year high in December as full-year CPI misses target

China’s consumer inflation accelerated in December to the fastest pace in nearly three years as spending picked up ahead of the New Year holiday, while factory-gate deflation remained entrenched, signaling that underlying demand stayed weak.

China manufacturing activity expands for the first time since March, beating expectations

China’s economy ended the year on a slightly less gloomy note, as factory activity expanded in December for the first time since March, beating expectations, according to official data released Wednesday.

China to cut VAT on short-term home sales to 3% from January 2026

China will reduce the value-added tax (VAT) on homes sold by individuals who have owned them for less than two years, according to an announcement from the finance ministry on Tuesday.

China Vows More Efficient Fiscal Spending to Support 2026 Growth

China will expand government spending and improve how it deploys capital in 2026 to balance supporting growth and containing debt risks.

China slaps tariffs of up to 42.7% on EU dairy products, alleging ‘damage’ to the domestic dairy industry

China on Monday announced tariffs of up to 42.7% on dairy products from the European Union, following the results of an anti-subsidy investigation that began in August 2024.

Economy China lowers anti-dumping tariffs on European pork exporters

China on Tuesday announced lower duties on pork imports and pig by-products from the European Union as it concluded a year-long anti-dumping investigation into European pork imports.

China industrial production, retail sales miss expectations in Nov

Chinese industrial production grew less than expected in November, while retail sales disappointed, underscoring uneven momentum in the world’s second-largest economy amid limited policy support measures.

China Prepares as Much as $70 Billion in Chip Sector Incentives

China is considering a package of incentives worth as much as $70 billion to bankroll and support its chipmaking industry, pouring more state money into a sector it deems pivotal to its technological conflict with the US.

China consumer inflation hits near two-year high despite deeper-than-expected producer deflation

China’s consumer inflation climbed in November to hit its highest level in nearly two years, while producer price deflation deepened, underscoring the challenge policymakers face in reviving domestic demand amid persistent trade tensions.

China’s exports to U.S. extend double-digit declines, dropping 29% in November, despite trade truce

China’s U.S.-bound goods fell for an eighth straight month despite a recent trade deal between the two economies, even as overall exports surpassed market expectations in November as manufacturers loaded up shipments to other markets.