https://www.scmp.com/rss/521774/feed ING: A leading Dutch multinational banking and financial services corporation headquartered in Amsterdam. It offers a comprehensive range of products including retail, direct, commercial, investment, wholesale, and private banking, alongside asset management and insurance services. Serving individuals, SMEs, and large corporates globally, ING is recognised for its digital banking leadership and strong commitment to sustainability. Its overall business focus is on empowering clients financially,... en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png https://www.scmp.com Kandy Wong Kandy Wong China’s reported decision to halt sulphuric acid exports, together with the failure of peace talks between the United States and Iran over the weekend, risks driving prices higher and disrupting global mining and fertiliser supply chains that have few readily available alternatives. Beijing had indicated it would halt shipments of sulphuric acid from May, according to reports from Acuity Commodities and Bloomberg, though no official announcement has been made. Economists said food security sat... https://www.scmp.com/economy/global-economy/article/3349884/china-iran-war-and-chemical-suddenly-stoking-global-supply-fears?utm_source=rss_feed https://www.scmp.com/economy/global-economy/article/3349884/china-iran-war-and-chemical-suddenly-stoking-global-supply-fears?utm_source=rss_feed Mon, 13 Apr 2026 08:00:01 +0000 Sam Beltran Sam Beltran After a seven-hour drive to a trading post in northern Philippines, 35-year-old farmer Elmer Ullani took home nothing but an empty petrol tank even after selling 10 tonnes of cabbage. Ullani, who hails from the northern town of Tinoc in Ifugao province, said he only managed to sell his produce – yielded over three harvest rounds – at a paltry rate of 8 to 9 pesos (15 US cents) per kilogram, earning him a total of 90,000 pesos (US$1,482). All of his earnings went towards covering his fuel... https://www.scmp.com/week-asia/economics/article/3348448/filipino-farmer-pleads-stop-us-iran-war-after-soaring-fuel-prices-wipe-out-earnings?utm_source=rss_feed https://www.scmp.com/week-asia/economics/article/3348448/filipino-farmer-pleads-stop-us-iran-war-after-soaring-fuel-prices-wipe-out-earnings?utm_source=rss_feed Mon, 30 Mar 2026 15:00:28 +0000 Sam Beltran Sam Beltran Philippine lawmakers have implored President Ferdinand Marcos Jnr to postpone this year’s Asean summit, as the country grapples with soaring fuel prices amid a global energy crisis. Analysts warn, however, that such a move would undermine Manila’s chairmanship of the Association of Southeast Asian Nations. Leaders in the Philippine Senate have backed calls to study the postponement option, originally proposed by ex-finance secretary Gary Teves to cut government spending and redirect funds... https://www.scmp.com/week-asia/politics/article/3348048/philippines-battles-fuel-crisis-will-marcos-postpone-asean-summit?utm_source=rss_feed https://www.scmp.com/week-asia/politics/article/3348048/philippines-battles-fuel-crisis-will-marcos-postpone-asean-summit?utm_source=rss_feed Fri, 27 Mar 2026 04:30:08 +0000 Zhang Shidong Zhang Shidong Expectations of monetary tightening by global central banks have intensified, triggering a fresh wave of sell-offs in risk assets as the US-Israel war with Iran enters its fourth week. Rates traders are now projecting no rate cuts by the Federal Reserve this year after chair Jerome Powell said last week that rising oil prices added uncertainty to the monetary outlook. That stands in contrast to the forecast of two reductions before the outbreak of the hostilities in the Middle East. The European... https://www.scmp.com/business/china-business/article/3347552/global-markets-brace-rate-hikes-iran-war-and-us100-oil-stoke-tightening-fears?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3347552/global-markets-brace-rate-hikes-iran-war-and-us100-oil-stoke-tightening-fears?utm_source=rss_feed Mon, 23 Mar 2026 06:09:38 +0000 Yeon Woo Lee Yeon Woo Lee Gold prices have continued to weaken despite escalating tensions in the US-Israel conflict with Iran, breaking from the metal’s traditional role as a geopolitical hedge, as fading expectations of interest rate cuts and a stronger US dollar weigh on sentiment, analysts said. The metal has declined about 15 per cent since a brief surge on March 2, when prices climbed to around US$5,300 per ounce following US and Israeli strikes on Iran. A modest rebound driven by technical buying on Friday did... https://www.scmp.com/business/commodities/article/3347473/gold-slides-hawkish-fed-and-strong-us-dollar-override-geopolitical-fears?utm_source=rss_feed https://www.scmp.com/business/commodities/article/3347473/gold-slides-hawkish-fed-and-strong-us-dollar-override-geopolitical-fears?utm_source=rss_feed Sun, 22 Mar 2026 09:00:27 +0000 Yeon Woo Lee Yeon Woo Lee China has for the first time included commercial health insurance in its 2026 government work report, signalling efforts to strengthen the country’s social safety net and support the growth of innovative drugs and medical devices. On Thursday, Chinese Premier Li Qiang said the government would “work faster to develop commercial health insurance” and promote the “high-quality development of innovative drugs and medical devices” to better meet people’s diverse needs. Behind the unusual emphasis... https://www.scmp.com/business/china-business/article/3345717/china-pursue-commercial-health-insurance-ease-public-strain-support-drug-innovation?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3345717/china-pursue-commercial-health-insurance-ease-public-strain-support-drug-innovation?utm_source=rss_feed Fri, 06 Mar 2026 10:12:46 +0000 Biman Mukherji Biman Mukherji A Supreme Court ruling that gutted the legal foundation for much of US President Donald Trump’s tariff regime has left Asian trading partners scratching their heads about the future of trade deals struck with Washington over the past 12 months. America’s apex court ruled on Friday that the International Emergency Economic Powers Act (IEEPA) – which Trump had used to impose sweeping “reciprocal” tariffs since his “Liberation Day” proclamation last April – did not grant the president the power to... https://www.scmp.com/week-asia/economics/article/3344300/asias-us-trade-deals-doubt-after-trumps-supreme-court-tariff-defeat?utm_source=rss_feed https://www.scmp.com/week-asia/economics/article/3344300/asias-us-trade-deals-doubt-after-trumps-supreme-court-tariff-defeat?utm_source=rss_feed Mon, 23 Feb 2026 04:49:32 +0000 Carol Yang Carol Yang Beijing has for the first time revealed the intricate composition of China’s consumer price index (CPI) basket, and a fresh recalibration sees it shift more weight towards services and new types of consumption goods. The basket adjustment itself, conducted every five years, comes as the Chinese leadership seeks to steer the world’s second-largest economy out of deflationary pressure while avoiding a prolonged Japan-style spiralling of prices. The National Bureau of Statistics (NBS) has... https://www.scmp.com/economy/china-economy/article/3343465/china-overhauls-consumer-price-basket-never-seen-unveiling-its-composition?utm_source=rss_feed https://www.scmp.com/economy/china-economy/article/3343465/china-overhauls-consumer-price-basket-never-seen-unveiling-its-composition?utm_source=rss_feed Fri, 13 Feb 2026 10:00:14 +0000 Xinyi Wu Xinyi Wu China’s consumer prices rose for the fourth consecutive month in January – although at a slower pace – while the decline in factory-gate prices continued to narrow, in a tentative sign that deflationary pressures in the Chinese economy may be starting to let up. But analysts said a clearer picture of the outlook for inflation would only emerge in the coming months due to distortions caused by the Lunar New Year holiday, which typically brings a surge in demand that drives up prices. The national... https://www.scmp.com/economy/economic-indicators/article/3343143/chinas-consumer-price-growth-cools-inflation-outlook-remains-unclear?utm_source=rss_feed https://www.scmp.com/economy/economic-indicators/article/3343143/chinas-consumer-price-growth-cools-inflation-outlook-remains-unclear?utm_source=rss_feed Wed, 11 Feb 2026 03:54:09 +0000 Aileen Chuang Aileen Chuang The sudden appreciation of the Japanese yen has intensified risk-off sentiment among investors, as concerns over elevated bond yields, policy uncertainty and credit risks in the world’s fifth-largest economy weigh on market confidence, according to analysts. The yen rose to a two-month high on Monday, hitting 153.61 per US dollar as of 5.30pm as speculation surged that US and Japanese authorities could intervene to prop up the currency. It was last at a similar level on November 6, when it... https://www.scmp.com/business/markets/article/3341275/spiking-yen-fuels-risk-averse-mood-investors-take-defensive-stance?utm_source=rss_feed https://www.scmp.com/business/markets/article/3341275/spiking-yen-fuels-risk-averse-mood-investors-take-defensive-stance?utm_source=rss_feed Mon, 26 Jan 2026 11:00:12 +0000 Kandy Wong Kandy Wong Gold surged to an all-time high of US$5,100 an ounce on Monday, with analysts forecasting further gains as the precious metal is increasingly viewed as a strategic hedge amid heightened geopolitical risks linked to the current US administration’s foreign policy shifts and a growing push for de-dollarisation. “We see the recent move as justifiable, given the rise in geopolitical risks and [the] macro environment,” said Alexandra Symeonidi, a senior corporate credit and sustainability analyst with... https://www.scmp.com/economy/china-economy/article/3341217/gold-surge-has-analysts-eyeing-new-highs-after-us5000-record-amid-trump-era-geopolitics?utm_source=rss_feed https://www.scmp.com/economy/china-economy/article/3341217/gold-surge-has-analysts-eyeing-new-highs-after-us5000-record-amid-trump-era-geopolitics?utm_source=rss_feed Mon, 26 Jan 2026 05:10:56 +0000 Ralph Jennings,Kandy Wong Ralph Jennings,Kandy Wong Canada and China appear ready to kick-start trade talks after years of strained relations, with Canadian Prime Minister Mark Carney’s visit to Beijing this week coinciding with both countries questioning their once stronger ties with the United States, analysts said. Carney travelled to Beijing on Tuesday for his first official visit to the country, where he will discuss trade, agriculture and energy with officials from Canada’s second-largest single-country trading partner. Liang Yan, a... https://www.scmp.com/economy/global-economy/article/3339747/china-canada-poised-reset-trade-ties-after-trumps-tariffs-force-rethink?utm_source=rss_feed https://www.scmp.com/economy/global-economy/article/3339747/china-canada-poised-reset-trade-ties-after-trumps-tariffs-force-rethink?utm_source=rss_feed Tue, 13 Jan 2026 14:00:11 +0000 Luna Sun,Ralph Jennings Luna Sun,Ralph Jennings Morgan Stanley has revised its outlook for the yuan, now forecasting it to strengthen to about 6.85 per US dollar in the first quarter of 2026 from a previous call of 7.05, before weakening slightly to about 7.0 by the end of the year. The bank expects China’s “robust” exports through 2026 to 2027 to provide “a steady tailwind to nominal yuan”, with volumes projected to grow 5 to 6 per cent as the recovery in global demand broadens beyond tech and the country’s price competitiveness improves,... https://www.scmp.com/economy/china-economy/article/3339358/chinas-yuan-strengthen-685-us-dollar-first-quarter-2026-morgan-stanley?utm_source=rss_feed https://www.scmp.com/economy/china-economy/article/3339358/chinas-yuan-strengthen-685-us-dollar-first-quarter-2026-morgan-stanley?utm_source=rss_feed Fri, 09 Jan 2026 10:30:19 +0000 Ralph Jennings,Kandy Wong Ralph Jennings,Kandy Wong China’s access to Japan’s coveted industrial-use goods – especially a critical chipmaking ingredient – may face hurdles if Tokyo imposes export restrictions in the event of a prolonged political dispute, though trade is holding steady for now, analysts and a trade organisation said. Beijing’s response to Japanese Prime Minister Sanae Takaichi’s November 7 remarks about Taiwan has prompted some analysts to ask what cards Tokyo might play should the relationship deteriorate further. Beijing’s... https://www.scmp.com/economy/china-economy/article/3339079/china-targets-japan-over-takaichis-taiwan-remarks-what-levers-does-tokyo-have?utm_source=rss_feed https://www.scmp.com/economy/china-economy/article/3339079/china-targets-japan-over-takaichis-taiwan-remarks-what-levers-does-tokyo-have?utm_source=rss_feed Thu, 08 Jan 2026 02:00:21 +0000 Ralph Jennings,Kandy Wong Ralph Jennings,Kandy Wong Mexico’s move to place tariffs of up to 50 per cent on Chinese and other Asian goods underscores US efforts to pressure other countries to take action against China – and Beijing may well retaliate, analysts said. The Mexican Senate on Wednesday approved duties between 5 and 50 per cent on 1,463 product categories – including auto parts, textiles and plastics – starting from January 2026. President Claudia Sheinbaum had proposed the tariffs in the name of protecting local industries, subject to... https://www.scmp.com/economy/china-economy/article/3336059/mexicos-tariffs-china-aim-placate-us-could-backfire-analysts?utm_source=rss_feed https://www.scmp.com/economy/china-economy/article/3336059/mexicos-tariffs-china-aim-placate-us-could-backfire-analysts?utm_source=rss_feed Thu, 11 Dec 2025 14:00:09 +0000 Ralph Jennings Ralph Jennings Houthi rebel groups in Yemen signalled in November they would halt attacks on commercial ships passing through the Red Sea if the Gaza ceasefire held, allowing a possible end to two years of costly detours for cargo shipping between Asia and Europe. Dutch financial services group ING called the potential reopening of Red Sea shipping lanes a “key thing to watch for in container shipping” next year. And it would have particular significance for China: the world’s biggest merchandise... https://www.scmp.com/economy/china-economy/article/3335200/return-red-sea-shipping-3-scenarios-chinese-trade?utm_source=rss_feed https://www.scmp.com/economy/china-economy/article/3335200/return-red-sea-shipping-3-scenarios-chinese-trade?utm_source=rss_feed Thu, 04 Dec 2025 14:30:10 +0000 Carol Yang,Kandy Wong Carol Yang,Kandy Wong China has expressed “serious concerns” regarding a trade agreement signed last month between Malaysia and the United States, and some analysts suggest it might be related to how the pact could force the Southeast Asian nation to align with Washington’s sanctions regime. The official reaction on Thursday followed a meeting between Chinese and Malaysian commerce officials earlier in the week. While Beijing did not publicly specify the offending clauses, critics point to provisions that ostensibly... https://www.scmp.com/economy/global-economy/article/3334525/why-china-alarmed-new-us-malaysia-trade-deal-poison-pill-provisions-explained?utm_source=rss_feed https://www.scmp.com/economy/global-economy/article/3334525/why-china-alarmed-new-us-malaysia-trade-deal-poison-pill-provisions-explained?utm_source=rss_feed Fri, 28 Nov 2025 13:00:11 +0000 Zhang Shidong Zhang Shidong China’s bond market is set to gain further momentum, buoyed by the central bank’s resumption of government debt purchases, as softer economic data and downward pressure on growth necessitate further policy easing, according to analysts. Huayuan Securities forecast that the upward trend was likely to drive the yield on China’s benchmark 10-year sovereign bond down to 1.65 per cent within this year. Southwest Securities predicted a drop to 1.7 per cent. The yield currently stands at 1.808 per... https://www.scmp.com/business/china-business/article/3333369/chinas-bond-market-gains-central-bank-resumes-debt-purchases-amid-growth-concerns?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3333369/chinas-bond-market-gains-central-bank-resumes-debt-purchases-amid-growth-concerns?utm_source=rss_feed Wed, 19 Nov 2025 23:30:10 +0000 Ralph Jennings Ralph Jennings Southeast Asian economies, along with China, Japan and South Korea, have a “transformative” opportunity to enter the world’s critical mineral supply chain, said Yasuto Watanabe, director of the Asean+3 Macroeconomic Research Office (AMRO). Critical minerals – essential raw materials for the production of hi-tech gadgets, cars and aerospace equipment – will make the 11-member Association of Southeast Asian Nations’ (Asean) supply chain “more resilient and sustainable”, said Watanabe, who also... https://www.scmp.com/economy/china-economy/article/3332830/us-china-tensions-offer-asean-transformative-critical-minerals-opportunity-economist?utm_source=rss_feed https://www.scmp.com/economy/china-economy/article/3332830/us-china-tensions-offer-asean-transformative-critical-minerals-opportunity-economist?utm_source=rss_feed Sat, 15 Nov 2025 01:00:32 +0000 Alice Li,Ralph Jennings Alice Li,Ralph Jennings With the US cutting its tariffs on Chinese imports by 10 per cent – halving a duty initially imposed by Washington over allegations of complicity in the fentanyl trade – analysts said the reduction may further strengthen the competitiveness of Chinese exporters, particularly in mass-produced goods. Following a meeting on Thursday between President Xi Jinping and US President Donald Trump in South Korea, the world’s two largest economies reached a consensus on the issue, with the US agreeing to... https://www.scmp.com/economy/china-economy/article/3331116/cuts-us-fentanyl-tariffs-help-chinese-exporters-close-gap-competition?utm_source=rss_feed https://www.scmp.com/economy/china-economy/article/3331116/cuts-us-fentanyl-tariffs-help-chinese-exporters-close-gap-competition?utm_source=rss_feed Fri, 31 Oct 2025 22:00:13 +0000 Kandy Wong,Alice Li Kandy Wong,Alice Li With the US threatening to leverage its software strengths ahead of fresh trade talks with China in response to its recent export controls on rare earths, analysts say Beijing is unlikely to make major concessions, though progress could be made on issues such as soybeans or fentanyl. Washington is reportedly considering imposing curbs on a range of software-powered exports to China – from laptops to jet engines – according to Reuters, following a threat by US President Donald Trump earlier this... https://www.scmp.com/economy/global-economy/article/3330099/why-us-china-trade-talks-malaysia-are-crucial-paving-way-xi-trump-summit?utm_source=rss_feed https://www.scmp.com/economy/global-economy/article/3330099/why-us-china-trade-talks-malaysia-are-crucial-paving-way-xi-trump-summit?utm_source=rss_feed Thu, 23 Oct 2025 14:00:09 +0000 Sylvia Ma,Kandy Wong Sylvia Ma,Kandy Wong While the domestic consequences of this week’s shutdown of the United States federal government are clear, analysts said the implications for China may take longer to surface and could be more mixed, as trade talks appear likely to continue between the two countries despite the stalemate in Washington. “We don’t expect the immediate impact on China to be too pronounced,” said Lynn Song, chief economist for Greater China at ING Bank. “One thing to watch in the event of a lengthy shutdown could be... https://www.scmp.com/economy/global-economy/article/3327637/us-government-frozen-after-shutdown-china-talks-still-motion-analysts?utm_source=rss_feed https://www.scmp.com/economy/global-economy/article/3327637/us-government-frozen-after-shutdown-china-talks-still-motion-analysts?utm_source=rss_feed Thu, 02 Oct 2025 11:00:09 +0000 Mandy Zuo Mandy Zuo With China’s three most economically important cities recently rolling out policies to address renewed weakness in the property sector, analysts say stabilising the industry would be significant in terms of boosting consumer sentiment, but that no quick market rebound should be expected. After Beijing, north China’s biggest population centre, lifted purchase limits outside its Fifth Ring Road and eased housing fund rules in early August, Shanghai and Shenzhen followed suit with similar policies... https://www.scmp.com/economy/china-economy/article/3327455/can-easing-property-curbs-3-big-cities-help-give-chinese-consumption-boost?utm_source=rss_feed https://www.scmp.com/economy/china-economy/article/3327455/can-easing-property-curbs-3-big-cities-help-give-chinese-consumption-boost?utm_source=rss_feed Thu, 02 Oct 2025 01:00:13 +0000 Frank Chen Frank Chen US President Donald Trump has declared his administration will start slapping steep tariffs on countries that export furniture to America, putting China in the crosshairs of his efforts to bring manufacturing back to his country again, even amid ongoing high-level efforts between Washington and Beijing aimed at resolving their trade differences. In a separate move, Chinese companies and their subsidiaries will be targeted by an expansion to the reach of a US Commerce Department trade... https://www.scmp.com/news/china/article/3327288/trump-targets-china-sweeping-new-furniture-tariffs?utm_source=rss_feed https://www.scmp.com/news/china/article/3327288/trump-targets-china-sweeping-new-furniture-tariffs?utm_source=rss_feed Mon, 29 Sep 2025 15:37:38 +0000 Ralph Jennings,Kandy Wong Ralph Jennings,Kandy Wong Despite its vague wording, the new China-US framework deal on popular video-sharing app TikTok represents an important step in advancing bilateral talks and keeping ties warm ahead of any future meetings between the world’s two largest economies, according to analysts. And they added that Beijing could potentially try to leverage the TikTok deal by seeking tariff cuts or relief from hi-tech export controls. Officials from both powers confirmed after negotiations in Madrid, Spain, on Sunday and... https://www.scmp.com/economy/global-economy/article/3325752/peeling-us-china-tiktok-deal-analysts-see-layers-leverage-tariffs-and-soybeans?utm_source=rss_feed https://www.scmp.com/economy/global-economy/article/3325752/peeling-us-china-tiktok-deal-analysts-see-layers-leverage-tariffs-and-soybeans?utm_source=rss_feed Tue, 16 Sep 2025 13:00:16 +0000 Associated Press Associated Press US President Donald Trump has promised to impose hefty import taxes on pharmaceuticals, a category of products he has largely spared in his trade war. For decades, in fact, imported medicine has mostly been allowed to enter the United States duty free. That is starting to change. US and European leaders recently detailed a trade deal that includes a 15 per cent tariff rate on some European goods brought into the United States, including pharmaceuticals. Trump is threatening duties of 200 per... https://www.scmp.com/news/world/united-states-canada/article/3323971/trump-plans-hefty-tax-imported-drugs-risking-higher-prices-and-shortages?utm_source=rss_feed https://www.scmp.com/news/world/united-states-canada/article/3323971/trump-plans-hefty-tax-imported-drugs-risking-higher-prices-and-shortages?utm_source=rss_feed Mon, 01 Sep 2025 17:16:58 +0000 Mia Nulimaimaiti,Ralph Jennings Mia Nulimaimaiti,Ralph Jennings US President Donald Trump’s renewed threat to impose tariffs on imported furniture could erode some of China’s exports while doing little to bring manufacturing back to America as he promised, according to analysts. And they added that such a move risks escalating tensions between the world’s two largest economies, whose earlier extension of a trade truce, coupled with conciliatory statements, had suggested a more amenable posture in trade negotiations. Trump announced plans to impose steep... https://www.scmp.com/economy/global-economy/article/3323381/china-trumps-furniture-tariff-threat-could-complicate-efforts-reassemble-trade?utm_source=rss_feed https://www.scmp.com/economy/global-economy/article/3323381/china-trumps-furniture-tariff-threat-could-complicate-efforts-reassemble-trade?utm_source=rss_feed Wed, 27 Aug 2025 13:00:25 +0000 Bloomberg Bloomberg A sell-off in China’s bond market is accelerating, sending futures on ultra-long debt to a four-month low as a bull run in local stocks builds momentum. Futures on 30-year sovereign notes fell as much as 0.7 per cent on Thursday, extending this week’s drop to 1.5 per cent at the low as a gauge of onshore equities reached its highest point since October. The moves are less dramatic in the cash bond market, with yields on the same maturity government paper up one basis point. The world’s... https://www.scmp.com/business/banking-finance/article/3321853/chinas-stock-market-bull-run-translating-rout-bonds-and-ultra-long-debt?utm_source=rss_feed https://www.scmp.com/business/banking-finance/article/3321853/chinas-stock-market-bull-run-translating-rout-bonds-and-ultra-long-debt?utm_source=rss_feed Thu, 14 Aug 2025 08:26:17 +0000 Ji Siqi,Kandy Wong Ji Siqi,Kandy Wong With the tariff truce between China and the United States extended for another 90 days, and in the lead-up to a potential meeting of their presidents later this year, room for “piecemeal agreements” exists for the two countries in terms of export controls and purchases of goods, according to analysts. But the odds of significant breakthroughs – at least in the short term – are unlikely, as negotiations between the superpowers will continue to be difficult and serve as a long-term test of trade... https://www.scmp.com/economy/global-economy/article/3321606/whats-next-after-us-china-tariff-truce-and-why-it-far-walk-park?utm_source=rss_feed https://www.scmp.com/economy/global-economy/article/3321606/whats-next-after-us-china-tariff-truce-and-why-it-far-walk-park?utm_source=rss_feed Tue, 12 Aug 2025 15:00:07 +0000 Kandy Wong,Luna Sun Kandy Wong,Luna Sun Washington is widely expected to push China to commit to “large purchases” of US goods during trade negotiations in Sweden this week, but customs data shows that Chinese imports of a slew of American commodities have plunged or even halted entirely in recent months. Officials from Beijing and Washington begin a crucial third round of trade talks in Stockholm on Monday, with many analysts predicting the US side will focus on securing Chinese agreements to import more American oil, liquefied... https://www.scmp.com/economy/china-economy/article/3319848/chinas-imports-us-goods-plunge-amid-trade-war-complicating-phase-2-deal?utm_source=rss_feed https://www.scmp.com/economy/china-economy/article/3319848/chinas-imports-us-goods-plunge-amid-trade-war-complicating-phase-2-deal?utm_source=rss_feed Mon, 28 Jul 2025 14:00:15 +0000 Sylvia Ma,Kandy Wong Sylvia Ma,Kandy Wong A fresh trade deal between Washington and Tokyo, with Japan pledging investments in the US and opening up its long-protected agricultural sector in exchange for lower tariffs, underscores how even long-standing US allies are not shielded from President Donald Trump’s “America first” push to reshape the global trade paradigm, according to analysts. By comparison, they said, China possesses greater bargaining power through its integral role in international value chains developed over the past few... https://www.scmp.com/economy/global-economy/article/3319312/what-us-trade-deal-japan-means-other-asian-allies-trumps-crosshairs?utm_source=rss_feed https://www.scmp.com/economy/global-economy/article/3319312/what-us-trade-deal-japan-means-other-asian-allies-trumps-crosshairs?utm_source=rss_feed Wed, 23 Jul 2025 11:00:28 +0000 He Huifeng He Huifeng China’s major protein categories – from pork to poultry – fell into a severe state of oversupply in the first half of this year, with prices declining across the board and widespread losses throughout the supply chain. Analysts said weak end-market demand and high inventory levels are weighing heavily on the breeding sector, and that while marginal improvements are expected in the second half of the year, the overall scope for recovery remains limited. The trend highlights the fragility of... https://www.scmp.com/economy/china-economy/article/3317886/plunging-pork-and-poultry-prices-put-pressure-chinese-farmers?utm_source=rss_feed https://www.scmp.com/economy/china-economy/article/3317886/plunging-pork-and-poultry-prices-put-pressure-chinese-farmers?utm_source=rss_feed Sat, 12 Jul 2025 08:00:12 +0000 Ralph Jennings,Mark Magnier Ralph Jennings,Mark Magnier US President Donald Trump, apparently impatient with the slow progress of negotiations, on Monday slapped 25 per cent unilateral tariffs on Japan and South Korea and equal or higher import taxes on several other nations ahead of a self-imposed Wednesday deadline. Analysts said the move shows that the mercurial American leader is using threats to jump-start negotiations. Trump sent two-page letters to Japanese Prime Minister Shigeru Ishiba and South Korean President Lee Jae-myung saying the new... https://www.scmp.com/news/asia/east-asia/article/3317299/apparently-impatient-trump-slaps-25-tariffs-japan-and-south-korea?utm_source=rss_feed https://www.scmp.com/news/asia/east-asia/article/3317299/apparently-impatient-trump-slaps-25-tariffs-japan-and-south-korea?utm_source=rss_feed Mon, 07 Jul 2025 22:42:57 +0000 Enoch Yiu,Julie Zhang Enoch Yiu,Julie Zhang FWD Group wrapped up its first trading day in Hong Kong with a modest gain, as the insurer’s four-year journey to list on a stock market brought it from New York back to its hometown. Trading under the stock code 1828, FWD’s shares ended Monday at HK$38.40 in a declining market, a 1-per cent premium to its initial public offering (IPO) price of HK$38, after swinging between a loss of 2.5 per cent and an intraday gain of 2.1 per cent. The IPO, which raised HK$3.47 billion (US$442 million) last... https://www.scmp.com/business/article/3317150/fwd-plots-next-growth-phase-hong-kong-ipo-opens-access-capital-ceo-says?utm_source=rss_feed https://www.scmp.com/business/article/3317150/fwd-plots-next-growth-phase-hong-kong-ipo-opens-access-capital-ceo-says?utm_source=rss_feed Sun, 06 Jul 2025 23:30:11 +0000 Carol Yang Carol Yang While China’s economy has shown considerable resilience through a turbulent first half of 2025 – navigating the dramatic twists and turns of US trade policy while maintaining steady growth - experts warn Beijing’s challenges are far from over. Although many believe the country can still hit its annual goal of “around 5 per cent” for gross domestic product growth, more pressure points are expected to emerge in the latter half of the year. After the bilateral trade war saw a temporary... https://www.scmp.com/economy/china-economy/article/3316531/china-mostly-unscathed-turbulent-six-months-2025-still-uphill-climb?utm_source=rss_feed https://www.scmp.com/economy/china-economy/article/3316531/china-mostly-unscathed-turbulent-six-months-2025-still-uphill-climb?utm_source=rss_feed Tue, 01 Jul 2025 23:00:15 +0000