Us China Trade War

Consumerism outweighs nationalism in China despite tensions with US, Japan

In China, consumerism appears to outweigh nationalism regardless of how testy relations have become in recent diplomatic spats with countries like Japan and the United States. It has been common practice for the ruling Communist Party to whip up nationalist sentiment and deploy propaganda condemning countries deemed to be violating China's stance on territorial issues as Taiwan and Tibet. At times, Beijing targets companies that make ideological missteps in their maps or advertising. In the past, friction with Japan and the United States has led to calls for mass boycotts, protests in the streets or even vandalism on embassies or restaurants. These days, pure nationalism appears not to resonate so much with Chinese consumers accustomed to making their own personal consumption choices. "Chinese consumers, especially urban middle-class and younger demographics, are not making everyday purchasing decisions based on nationalism," said Jacob Cooke, CEO of Beijing-based consultancy WPIC .

China must solve its jet engine puzzle to challenge Airbus, Boeing

A brief US ban on jet engine exports left Comac far short of its C919 delivery targets, showing China's dependence on GE-Safran engines amid trade tensions

Explained: What is Project Vault, Trump's $12 bn critical minerals plan?

The US government has rolled out Project Vault, a $12 billion scheme to stockpile rare earths and critical minerals, aiming to shield American companies from global supply disruptions

China more reliable than US: Beijing's top agenda for Davos WEF 2026

He Lifeng, Vice Premier of the People's Republic of China, is scheduled to address the forum on Tuesday

China's Xi Jinping, Canada's Mark Carney seek new chapter in relations

Faced with new global challenges, the leaders of China and Canada pledged Friday to improve relations between their two nations after years of acrimony. Xi Jinping told visiting Prime Minister Mark Carney that he is willing to continue working to improve ties, noting that talks have been underway on restoring and restarting cooperation since the two held an initial meeting in October on the sidelines of a regional economic conference in South Korea. It can be said that our meeting last year opened a new chapter in turning ChinaCanada relations toward improvement, China's top leader said. Carney, the first Canadian prime minister to visit China in eight years, said better relations would help improve a global governance system that he described as under great strain. He called for a new relationship adapted to new global realities and cooperation in agriculture, energy and finance. Those new realities reflect in large part the so-called America-first approach of US President Donald

China uses video game 'kill line' to depict US poverty, claim superiority

State media, embracing the gaming phrase "kill line," is asserting China's political superiority over the United States, deflecting focus on China's own economic challenges

China's 2025 trade surplus hits record $1.2 trillion despite Trump tariffs

Despite a global backlash, Chinese companies aggressively sought out customers in other markets when shipments to the US plunged after President Donald Trump hiked tariffs

Why China plans to tighten silver exports from January 1 and why it matters

China will tighten controls on silver exports from January 1, raising concerns for global industries as prices hit record highs and the metal gains strategic importance in clean energy and defence

China passes revised foreign trade law to support trade war capabilities

Foreign Trade Law empowers policymakers to hit back against trading partners that seek to curb its exports and to adopt mechanisms such as "negative lists" to open restricted sectors to foreign firms

China announces sanctions on 20 US defence firms over Taiwan arms sales

China on Friday announced strong countermeasures against several US defence companies and senior executives in response to Washington's recent decision to approve large-scale arms sales to Taiwan, Global Times reported.The Chinese Foreign Ministry said it will impose sanctions on 20 US defence-related companies and 10 senior executives who have been involved in supplying weapons to Taiwan in recent years. The action has been taken under China's Anti-Foreign Sanctions Law and will come into effect immediately.According to the ministry, the targeted companies include Northrop Grumman Systems Corporation, L3Harris Maritime Services, Boeing in St. Louis, Gibbs & Cox, Advanced Acoustic Concepts, VSE Corporation, Sierra Technical Services, Red Cat Holdings, Teal Drones, ReconCraft, High Point Aerotechnologies, Epirus, Dedrone Holdings, Area-I, Blue Force Technologies, Dive Technologies, Vantor, Intelligent Epitaxy Technology, Rhombus Power and Lazarus Enterprises.Under the sanctions, .

When the US and China turn rogue, the global economy pays the price

With US protectionism and China's mercantilist push reinforcing each other, developing nations are caught in a global trade squeeze that threatens growth, jobs, and convergence

China sanctions 20 US defence firms, executives over Taiwan arms package

Under the sanctions, the affected companies' all assets within China will be frozen and Chinese organisations and individuals are also prohibited from conducting transactions with these firms

US revives graphite mining amid battery boom, China trade tensions

Graphite mines in the United States largely closed down seven decades ago. Mining the ubiquitous mineral found in everything from nuclear reactors to pencils seemed to make little sense when it could be imported inexpensively from other nations, especially China. That view is changing now. Demand for graphite, a key material in the lithium-ion batteries that power everything from phones to electric cars, is surging as trade tensions with China persist. With federal officials concerned about the steady supply of a number of critical minerals, several companies have plans to mine graphite. In New York, Titan Mining Corp has mined a limited amount of ore from a deposit in snowy woods about 40 km from the Canadian border, aiming for commercial sales by 2028. Company officials believe the geopolitical winds are at their backs to sell graphite concentrate for high-tech, industrial and military uses. That could include heat-resistant coatings in factories, anodes in large lithium-ion ...

Ready to strengthen communication with India: China slams Pentagon report

A Pentagon report submitted to the US Congress has flagged China's claim over India's Arunachal Pradesh as part of its stated "core interests", underscoring Beijing's broader national strategy

How China's 'Manhattan Project' aims to break Western control of AI chips

China has secretly built a prototype machine to make advanced AI chips, aiming to end Western dominance, with working chips expected by 2028-2030

Global politics in 2025: Protests, peace deals and shifting alliances

Nepal's Gen-Z protests, a fragile Gaza ceasefire and Donald Trump's return reshaped global politics in 2025, as nations grappled with unrest, wars and shifting alliances

How China Inc is expanding its footprint in Vietnam amid US tariffs

Hanoi's overtures to Beijing may reflect its long-standing policy of balancing foreign ties after pledges made to Washington in trade talks

Trump proposing $12 bn aid for farmers hit hard by trade war with China

President Donald Trump is planning a USD 12 billion farm aid package, according to a White House official a boost to farmers who have struggled to sell their crops while getting hit by rising costs after the president raised tariffs on China as part of a broader trade war. According to the official, who was granted anonymity to speak ahead of a planned announcement, Trump will unveil the plan Monday afternoon at a White House roundtable with Treasury Secretary Scott Bessent, Agriculture Secretary Brooke Rollins, lawmakers and farmers who raise cattle and grow corn, cotton, sorghum, soybeans, rice, wheat, and potatoes. Farmers have backed Trump politically, but his aggressive trade policies and frequently changing tariff rates have come under increasing scrutiny because of the impact on the agricultural sector and because of broader consumer worries. The aid is the administration's latest effort to defend Trump's economic stewardship and answer voter angst about rising costs even a

China's trade surplus hits record high, crosses $1 trn for first time

China's exports were up 5.9 per cent from last year, higher than expected, while imports rose only 1.9 per cent, creating a monthly surplus of $112 billion