Tag: China

China industrial profits drop 5.5% in October, worst performance in five months

Chinese industrial firms saw their earnings take a hit in October as trade tensions with the U.S. flared that month while broader growth momentum in the economy faltered.

China to step up policy support for private investment in energy sector

China plans to ramp up policy support to attract more private capital to the energy sector, a government official said on Tuesday, the latest initiative to improve sluggish private investment.

China suspends some critical mineral export curbs to the U.S. as trade truce takes hold

China has rolled back a number of restrictions on its export of critical minerals and rare earth materials to the United States, in a sign that a trade truce between the world’s two largest economies is holding.

China’s exports unexpectedly contract in October as shipments to U.S. drop 25%

China’s exports in October declined for the first time in nearly two years due to a high base effect and as businesses’ front-loading momentum tapered off ahead of a meeting between U.S. and Chinese leaders.

Exclusive: China bans foreign AI chips from state-funded data centres, sources say

The Chinese government has issued guidance requiring new data centre projects that have received any state funds to only use domestically-made artificial intelligence chips, two sources familiar with the matter told Reuters.

Άνοιγμα προς την Άπω Ανατολή για τα ελληνικά ομόλογα – Συναντήσεις ΟΔΔΗΧ σε Ιαπωνία, Χόνγκ Κόνγκ στα μέσα Νοεμβρίου

Άνοιγμα σε Ιαπωνία και Κίνα κάνει το επόμενο διάστημα η Ελλάδα, με στόχο να πείσει για τα πλεονεκτήματα της επένδυσης σε ελληνικό χρέος, άμεσα, επιχειρώντας έτσι να έχει παρουσία σε μια από τις δύσκολες αγορές χρήματος.

China’s factory activity slows down in October, missing expectations, private survey shows

China’s factory activity growth in October missed market expectations, dragged down by a sharper drop in new export orders, as trade tensions with the U.S. intensified during the month, according to a private survey released Monday.

China manufacturing slump deepens to 6-month low in October, as PMI misses estimates

China’s manufacturing activity in October contracted more than expected, shrinking to the lowest level in six months, an official survey showed on Friday, as trade tensions with Washington reignited during the month.

Trump cuts fentanyl tariffs on China to 10% as Beijing delays latest rare earth curbs by a year

Beijing on Thursday paused export controls on rare earths, while Washington cut fentanyl-linked tariffs, following a high-stakes meeting between U.S. President Donald Trump and his Chinese counterpart Xi Jinping in South Korea.

Trump says fentanyl tariff cut, ‘farmers,’ Nvidia chips up for discussion with Xi as China confirms meeting

U.S. President Donald Trump said he expects to lower fentanyl-linked tariffs on China as Beijing confirmed a high-stakes meeting between Chinese President Xi Jinping and the American leader.

China’s economy grows 4.8% in third quarter as expected, but investment sees ‘rare and alarming’ drop

China’s economy grew 4.8% in the third quarter from a year earlier, the slowest pace in a year but in line with analyst expectations despite the ongoing real estate slump.

China is making it harder to get rare earth magnet export licenses, sources say

Chinese rare earth magnet companies have been facing tighter scrutiny on export license applications since September, sources say, even before Beijing’s move last week to expand controls over the critical minerals used in magnets.

China September exports beat expectations, imports rise at fastest pace since April 2024

China’s exports climbed at the fastest pace in six months in September, while imports logged their strongest gain in more than a year, even as a trade deal with the U.S. remains elusive.

China retaliates against U.S. port fees with new charges on American ships

China on Friday announced that starting Oct. 14, the country will start charging U.S. ships for docking at Chinese ports — a direct response to Washington for imposing fees on Chinese vessels arriving at U.S. ports, set to take effect the same day.

China’s Golden Week holiday spending dips in latest red flag for economy

Chinese holidaymakers’ average spending dipped to a three-year low over this year’s eight-day Golden Week holiday, dashing hopes that a domestic stock market rally would encourage cautious consumers to open their wallets.

China accelerates oil reserve site build amid stockpiling drive

China is building oil reserve sites at a rapid clip as part of a campaign to boost crude stockpiles that increased in urgency after Russia’s Ukraine invasion upended global energy flows and has accelerated this year, according to public data, traders and industry experts.

China calls halt to BHP iron ore cargoes during pricing talks, Bloomberg News reports

China’s state iron ore buyer has asked the country’s steelmakers and traders to pause purchases of dollar-denominated seaborne iron ore cargoes from BHP during its annual price negotiations.

China factory activity shrinks again as firms watch for stimulus, US trade deal

China’s manufacturing activity shrank for a sixth month in September, an official survey showed on Tuesday, suggesting producers are waiting for further stimulus to boost domestic demand, as well as clarity on a U.S. trade deal.

Tariff easing is coming no earlier than Trump’s visit to China in early 2026

Wolfe Research said the latest call between U.S. President Donald Trump and Chinese President Xi Jinping underscored a thaw in relations but cautioned that tariff relief is unlikely in the near term.

Exclusive: US Democrats press Trump for a trade deal that curbs China’s production

U.S. Democrats have asked the Trump administration to press China to curb “structural overproduction”, essentially overhauling Beijing’s economic model, as Treasury Secretary Scott Bessent holds talks with Chinese officials in Spain.