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Page 11 - China

China stocks close at 10-year high on Trump-Xi trade talk optimism

The benchmark Shanghai Composite Index ended 1.2% higher, slightly shy of the psychologically significant 4,000 mark, while the blue-chip CSI300 Index was up 1.2%

Updated On : 27 Oct 2025 | 9:19 PM IST

Australia's Albanese, China's Li hold talks on minerals deal, jet incident

Australian Prime Minister Anthony Albanese said he discussed Australia's critical-minerals deal with the United States and the hostile maneuvers of a Chinese warplane during a positive meeting on Monday with Chinese Premier Li Qiang. Albanese and China's second-most senior leader held a bilateral meeting in Kuala Lumpur, Malaysia, on the sidelines of the Association of Southeast Asian Nations' summit. Once again, it was a positive meeting, Albanese told reporters of his seventh meeting with Li. This is a relationship that has improved; that is stabilising, Albanese added. China has removed a series of official and unofficial trade barriers since Albanese's center-left government was first elected in 2022. The barriers imposed in 2020 when Beijing banned minister-to-minister bilateral contacts had cost Australian exporters up to USD 13 billion a year. Albanese said he and Li had discussed the Australian leader's visit to the US last week during which he and US President Donald Trum

Updated On : 27 Oct 2025 | 2:29 PM IST

China's C919 jet faces turbulent skies amid rising US-China trade tensions

China's ambition to challenge Boeing and Airbus with its own homegrown passenger jet is running into turbulence, with deliveries of finished aircraft likely to fall far short of its target announced for this year. The C919 jet -- a single-aisle passenger plane aiming to rival Boeing's 737 and Airbus' A320 is made by state-owned aircraft manufacturer COMAC. Beijing is showcasing it as evidence of China's technological advancement and progress in self-reliance, though it uses many Western sourced components. Trade friction with Washington threatens to prevent COMAC from securing core parts for the programme that has been supported by huge Chinese government subsidies. COMAC faces significant risk from the volatile policy environment, with its supply chains vulnerable to export restrictions and tit-for-tat measures between the US and China, said Max J. Zenglein, Asia-Pacific senior economist at The Conference Board think tank. The C919 has 48 major suppliers from the US -- including