Tag: China

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 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.

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.

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.

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

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.

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.

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 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’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 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.

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 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 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.