China Stands Firm Against Economic Coercion Amid Asset Deal
China reaffirms its stance against economic coercion as it responds to CK Hutchison’s planned asset sale to a BlackRock-led group.
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Tariffs and Snake Oil: How U.S. Protectionism Backfires
Tariffs have been touted as a solution to revive U.S. manufacturing, but evidence shows they may be causing more harm than good. Are tariffs modern-day snake oil?
China Injects 500 Billion Yuan into Major State-Owned Banks
China is injecting 500 billion yuan into four major state-owned banks to strengthen their capital and support the economy. The move aims to boost the banks’ ability to manage risks and promote growth.
China Unveils New Residential Building Standards for Better Living
China releases new residential building standards to improve living quality with safer, greener, and smarter designs, effective May 1.
US ‘Reciprocal Tariffs’ Strategy Disrupts Global Trade Order
The United States’ ‘reciprocal tariffs’ policy challenges global trade norms and could disrupt economies worldwide.
Trump Warns Zelenskyy of ‘Big Problems’ Over Rare Earth Minerals Deal
President Trump warns Ukraine’s Zelenskyy against backing out of a rare earth minerals deal, hinting at ‘big problems’ if the agreement falls through.
China’s Manufacturing Sector Expands in March, PMI Hits 50.5
China’s manufacturing shows growth as PMI rises to 50.5 in March. Production and new orders are up, signaling increased demand and activity in the sector.
US Tariffs Could Hinder LA Wildfire Recovery Efforts
Tariffs on imported construction materials may delay and increase the cost of rebuilding over 17,000 homes and businesses devastated by wildfires in Los Angeles.
Xizang’s Economic Growth: Lifting 628,000 Out of Poverty and Boosting GDP
Southwest China’s Xizang Autonomous Region has lifted 628,000 people out of poverty and boosted its GDP by 6.3% in 2024, marking significant economic and social development, according to a recent white paper.
Former US Commerce Secretary: Sanctions on China Backfired, Boosting Tech Growth
Former U.S. Commerce Secretary Carlos Gutierrez says sanctions on China have backfired, boosting China’s tech growth instead.