Page 24 - Us China Trade War

China impact? HEG stock nears 5-year high, zooms 30% in 2 days

As per media sources, China has announced that it will implement stricter end-user and end-use reviews for graphite exports to the US.

Chinese chip companies say they can withstand fresh US export curbs

Capital expenditure by the Chinese chip industry next year will likely fall by $10 billion, or about 30 per cent year-on-year, to $35 billion, as a result of these curbs, Jefferies analysts said

China's central bank vows supportive monetary policy as US trade war looms

Monetary policy support will be critical to China's economy next year as the US president-elect has vowed to impose steep tariffs on Chinese goods

Latest US crackdown on China's chips hits semiconductor toolmakers

Effort to hobble Beijing's chipmaking ambitions will also hit Chinese chip toolmakers Piotech and SiCarrier Technology with new export restrictions as part of the package

China's chip industry faces new US sanctions amid rising tech tensions

US plans to blacklist 200 Chinese firms, including Huawei partners, in the latest export curbs targeting chip equipment suppliers

China's state media praises some US firms amid fears of new trade war

The China Daily also noted that Morgan Stanley received regulatory approval in March to expand its China operations, citing this as evidence of foreign financial firms' enthusiasm for investing

Goldman Sachs sees gold at $3,150 per ounce, oil at $100 a barrel in 2025

Thus far in calendar year 2024 (CY24), Brent crude oil prices hit a low of around $69 a barrel before breaching the $91 a barrel mark in April 2024 as geopolitical concerns rose

Donald Trump's trade chief pick advocates 'strategic decoupling' from China

Greer calls for Congress to revoke Beijing's permanent normal trade relations status and impose new, higher tariffs

Global manufacturing footprint to shield from Trump's tariffs: Foxconn

Foxconn would only be able to share more details about the company's US plans after Jan 20, once Trump takes office and his policies become clearer

China state media dismiss Trump's tariff threat, focus on fentanyl

Trump is threatening Beijing with far higher tariffs than the 7.5 per cent-25 per cent levied on Chinese goods during his first term

Trump tests Xi Jinping's appetite to play ball with early tariff threat

Trump's gambit risks setting in motion a standoff between the world's two biggest economies following an election campaign that already brought fears over a new wave of protectionism

Willing to talk with US to push forward bilateral trade, says China

China is also willing to 'expand areas of cooperation and manage differences' with the US, vice commerce minister Wang Shouwen said

US commission recommends arms sales upgrade for Taiwan amid China tensions

While President Lai Ching-te's administration plans to address China's military threat with asymmetric defense strategies, the report states that China's gray zone military activities near Taiwan have

China seeks improved ties with India to ease US pressure: Business leader

China is trying to improve ties with India in an attempt to ease pressure from the incoming Trump administration, the head of a top India-centric US business advocacy and strategic group said on Tuesday. During his presidential election campaign, Trump proposed a 60 per cent tariff on goods from China -- and a tariff of up to 20 per cent on every other US import. Mukesh Aghi, president of the US-India Strategic and Partnership Forum (USISPF), said: "So, we are seeing an early impact of the Trump administration coming in that has created pressure on China to ease dealing with India. So that's why border patrolling has been agreed upon. Direct flights have been agreed upon." "They will also issue more visas to Chinese coming to India. You are seeing the impact of Trump coming in having a positive impact on the India-China relationship," he further said. Last month, India announced that it had reached an agreement with China on patrolling along the Line of Actual Control (LAC) in east

Congressional panel recommends toughing US-China trade relationship

A congressional panel has recommended that the US toughen its trade relationship with Beijing, pushing to roll back a nearly 25-year-old decision that helped bring about China's rapid economic growth but that many in Washington now see as hurting US interests. In its annual report to Congress released on Tuesday, the US-China Economic and Security Review Commission called for the first time for ending permanent normal trade relations with Beijing. It echoes moves by prominent Republican lawmakers -- including Sen Marco Rubio, President-elect Donald Trump's pick for secretary of state -- as the trade war with China is expected to intensify under the incoming administration. The change would mean the US reintroducing annual reviews of China's trade practices and gaining more leverage to address "unfair trade behaviours", the commission said in the report. "This move would signal a shift toward a more assertive trade policy aimed at protecting US industries and workers from economic ..

China 'ready to work' with Trump administration: Xi tells President Biden

Xi further emphasised maintaining a 'stable, healthy and sustainable' China-US relationship

US lawmaker introduces trade reform to tackle China's economic influence

The bill seeks to address what lawmakers and economic experts have described as China's unfair trade practices that have undermined American workers, industries, and national security

Trump faces setback in South American trade as China gains ground in Peru

That's made Beijing the go-to trade partner from Brazil to Chile and Argentina, eroding Washington's regional political clout, a trend that widened under Trump's 'America First' inward turn during his

Southeast Asia braces for factory influx amid Trump's China tariffs

As Trump geared up his campaign to retake the presidency earlier this year, calls from Chinese customers flooded WHA Group, one of Thailand's largest industrial estate developers, said CEO Jareeporn

Here's what you need to know about China's $1.4 trillion debt package

Officials estimate swapping hidden for official debt will save 600 billion yuan in interest for local governments over five years. Having money available for principal repayment