https://www.scmp.com/rss/521857/feed The latest news and top stories on Li Chenggang, China’s International Trade Negotiator and Vice Minister of Commerce. Known for his extensive background in trade law and international trade negotiations, he has held various key roles within the Ministry of Commerce since 1989, including Assistant Minister and Permanent Representative to the World Trade Organization. His responsibilities involve shaping China’s trade relations and addressing disputes, as evidenced by his confirmation of the... en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png https://www.scmp.com Xiaofei Xu,Frank Chen Xiaofei Xu,Frank Chen As China and the United States wrapped up their sixth and most recent round of trade talks in Paris this March, a minor mishap briefly stole the spotlight. A sudden gust of wind toppled two American flags in the background, where journalists were waiting for US Treasury Secretary Scott Bessent. Officials rushed to tape them to the wall – a fitting tableau for a trade war that, one year on, is patched together by a truce yet remains far from resolved. At their respective press appearances,... https://www.scmp.com/economy/global-economy/article/3348826/us-china-trade-war-1-year-who-really-holds-upper-hand?utm_source=rss_feed https://www.scmp.com/economy/global-economy/article/3348826/us-china-trade-war-1-year-who-really-holds-upper-hand?utm_source=rss_feed Thu, 02 Apr 2026 22:00:14 +0000 Zhang Shidong,Yulu Ao Zhang Shidong,Yulu Ao The prospect of a meeting between President Xi Jinping and US counterpart Donald Trump has become a focal point for investors seeking some reassurance on growth and stability as the conflict in the Middle East dampens appetite for risk. Investors are awaiting clarity on the summit, viewing it as a potential sign of cooperation that could steady mainland China and Hong Kong equities. The meeting had been scheduled for the end of the month, but the White House said it would be postponed by five or... https://www.scmp.com/business/china-business/article/3346991/investors-eye-xi-trump-summit-direction-hong-kong-china-stocks-shaken-conflict?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3346991/investors-eye-xi-trump-summit-direction-hong-kong-china-stocks-shaken-conflict?utm_source=rss_feed Wed, 18 Mar 2026 06:59:48 +0000 SCMP Editorial SCMP Editorial Washington’s request to reschedule US President Donald Trump’s visit to Beijing reflects the reality that the war in Iran has not followed the script. It was anticipated that superior American power would result in a quick victory over Iran, which China considers a strategic partner and oil supplier, well ahead of a summit with President Xi Jinping. The United States has done all the running in the preparations for the visit, including announcing the dates of March 31 to April 2. China had made... https://www.scmp.com/opinion/comment/article/3346909/china-policy-stay-course-despite-delay-xi-trump-summit?utm_source=rss_feed https://www.scmp.com/opinion/comment/article/3346909/china-policy-stay-course-despite-delay-xi-trump-summit?utm_source=rss_feed Tue, 17 Mar 2026 23:15:11 +0000 Xiaofei Xu,Kandy Wong Xiaofei Xu,Kandy Wong With US President Donald Trump’s trip to China postponed and the countries’ recent trade negotiations in Paris ending with no apparent breakthroughs, analysts said the world’s two largest economies are likely to hold another round of talks before Trump touches down in Beijing. “We can see this as more of a pause than a breakthrough overall. This resembles ‘unfinished business’ between both sides,” said James Downes, director of the Europe-Asia programme at the Centre for Explanatory Research and... https://www.scmp.com/economy/global-economy/article/3346908/trumps-china-trip-limbo-further-trade-talks-loom-analysts?utm_source=rss_feed https://www.scmp.com/economy/global-economy/article/3346908/trumps-china-trip-limbo-further-trade-talks-loom-analysts?utm_source=rss_feed Tue, 17 Mar 2026 13:00:13 +0000 Neil Denslow,Raymond Ma Neil Denslow,Raymond Ma US President Donald Trump said he had asked China to postpone his planned trip to Beijing by “a month or so” due to the war in Iran. “I think it’s important that I be here,” Trump told reporters in the White House on Monday. “So it could be that we delay a little bit, not much.” The visit, including a summit with President Xi Jinping, is scheduled to take place from March 31 to April 2. US Treasury Secretary Scott Bessent dismissed suggestions that the potential delay was designed to pressure... https://www.scmp.com/plus/news/china/diplomacy/article/3346883/trump-xi-summit-delay-may-suit-china-amid-iran-war?utm_source=rss_feed https://www.scmp.com/plus/news/china/diplomacy/article/3346883/trump-xi-summit-delay-may-suit-china-amid-iran-war?utm_source=rss_feed Tue, 17 Mar 2026 09:00:22 +0000 Xiaofei Xu Xiaofei Xu China and the US ended the first day of trade talks in Paris on Sunday without any major developments. Talks will continue tomorrow when the US delegation is set to leave. The Chinese delegation will stay one more day before leaving on Tuesday. The first day of the sixth round of trade talks between the world’s two biggest economies – led by Chinese Vice-Premier He Lifeng and US Treasury Secretary Scott Bessent – was rather uneventful for journalists waiting outside the venue, the headquarters... https://www.scmp.com/economy/china-economy/article/3346687/us-china-trade-talks-low-key-start-negotiations-after-first-meeting-paris?utm_source=rss_feed https://www.scmp.com/economy/china-economy/article/3346687/us-china-trade-talks-low-key-start-negotiations-after-first-meeting-paris?utm_source=rss_feed Sun, 15 Mar 2026 17:33:25 +0000 Letters Letters Feel strongly about these letters, or any other aspects of the news? Share your views by emailing us your Letter to the Editor at letters@scmp.com or filling in this Google form. Submissions should not exceed 400 words Over the last two days, I have watched the United States, the country I call home, strike Iran, the country where I was born and raised, at the behest and with the support of Israel. I left for high school in New York in August 1978 as the revolution gathered force. I thought I... https://www.scmp.com/opinion/letters/article/3345136/irans-people-deserve-stability-dignity-and-peace?utm_source=rss_feed https://www.scmp.com/opinion/letters/article/3345136/irans-people-deserve-stability-dignity-and-peace?utm_source=rss_feed Tue, 03 Mar 2026 03:30:07 +0000 Ben Jiang Ben Jiang JD.com is making a renewed push into its online supermarket business with a subsidy programme worth more than 20 billion yuan (US$2.9 billion) over three years, a move aimed at defending its position in China’s e-commerce and on-demand grocery sectors. In a statement on Thursday, JD.com said the subsidy would cover products on a dedicated channel called “Billion-Yuan Supermarket”, under its JD Supermarket service. The aim was to help vendors generate an additional 200 billion yuan in sales over... https://www.scmp.com/tech/big-tech/article/3344738/jdcom-renews-demand-delivery-fight-us29-billion-grocery-subsidies?utm_source=rss_feed https://www.scmp.com/tech/big-tech/article/3344738/jdcom-renews-demand-delivery-fight-us29-billion-grocery-subsidies?utm_source=rss_feed Thu, 26 Feb 2026 12:30:14 +0000 Ben Jiang Ben Jiang Hours after Alibaba Group Holding began offering freebies including bubble tea through its artificial intelligence app Qwen on Friday, a surge in downloads pushed the chatbot past Tencent Holdings’ Yuanbao to the top of China’s Apple App Store, climbing from 10th place a day earlier. More than 10 million free orders – worth 250 million yuan (US$36 million) – were placed within nine hours using vouchers capped at 25 yuan through Qwen, its team said on its official Weibo account. The surge in... https://www.scmp.com/tech/article/3342702/alibabas-bubble-tea-giveaway-pushes-qwen-past-tencents-yuanbao-top-china-app-store?utm_source=rss_feed https://www.scmp.com/tech/article/3342702/alibabas-bubble-tea-giveaway-pushes-qwen-past-tencents-yuanbao-top-china-app-store?utm_source=rss_feed Fri, 06 Feb 2026 12:35:13 +0000 Coco Feng Coco Feng China has unveiled new rules to rein in aggressive pricing tactics by online platforms, prohibiting e-commerce operators from forcing merchants to offer discounts or setting different prices based on user demographics without consent. The 29-article regulation – jointly issued over the weekend by the National Development and Reform Commission, State Administration for Market Regulation (SAMR), and Cyberspace Administration of China – lays out detailed compliance requirements that target several... https://www.scmp.com/tech/tech-trends/article/3337315/china-bans-e-commerce-platforms-forcing-lowest-prices-or-abusing-algorithms?utm_source=rss_feed https://www.scmp.com/tech/tech-trends/article/3337315/china-bans-e-commerce-platforms-forcing-lowest-prices-or-abusing-algorithms?utm_source=rss_feed Mon, 22 Dec 2025 10:00:14 +0000 Frank Chen,Kandy Wong Frank Chen,Kandy Wong It has been a turbulent year for the fraught US-China relationship. In the second story in this new series, we look back at the events of 2025, examining how the trade war tested policymakers and firms, forcing a rethink in business, strategy and supply chains. In April, when US President Donald Trump upended global trade by announcing “reciprocal tariffs” on almost all the country’s trading partners, officials in eastern China’s Ningbo – a national export hub – went on a wartime footing. Across... https://www.scmp.com/economy/china-economy/article/3336670/surviving-shocks-what-china-and-us-learned-2025s-trade-war?utm_source=rss_feed https://www.scmp.com/economy/china-economy/article/3336670/surviving-shocks-what-china-and-us-learned-2025s-trade-war?utm_source=rss_feed Tue, 16 Dec 2025 22:00:35 +0000 Coco Feng Coco Feng Chinese merchants who sell to overseas markets via popular sites like Shein and Temu are struggling with escalating tax and compliance burdens from both their main export market, the European Union, and the domestic tax authority. The latest pressure came from the EU, which on Thursday agreed to abolish a rule that allowed goods worth less than €150 (US$174) to enter the region without customs duties. The new rule will apply once an EU customs data hub is ready, scheduled for 2028. However, the... https://www.scmp.com/tech/tech-war/article/3332873/chinese-vendors-shein-temu-face-double-tax-trouble-levies-home-and-abroad?utm_source=rss_feed https://www.scmp.com/tech/tech-war/article/3332873/chinese-vendors-shein-temu-face-double-tax-trouble-levies-home-and-abroad?utm_source=rss_feed Sun, 16 Nov 2025 02:00:20 +0000 SCMP SCMP Catch up on some of SCMP’s biggest China stories of the day. If you would like to see more of our reporting, please consider subscribing. 1. Chinese student boom helps create more university spots for Americans: study China’s university boom has helped boost US postgraduate education and local economies in college towns, according to a new study. 2. Chinese trade negotiator urges US to boost agricultural cooperation China’s key trade negotiator, Li Chenggang, has called on the US to create “a... https://www.scmp.com/news/china/article/3331819/chinese-students-boost-us-education-trumps-tariffs-court-scmp-daily-highlights?utm_source=rss_feed https://www.scmp.com/news/china/article/3331819/chinese-students-boost-us-education-trumps-tariffs-court-scmp-daily-highlights?utm_source=rss_feed Thu, 06 Nov 2025 13:15:08 +0000 Xiaofei Xu Xiaofei Xu China’s key trade negotiator, Li Chenggang, has called on the US to create “a favourable atmosphere” for agricultural cooperation between the two countries. “We hope the US will work together with China, with a focus on the broader picture, to create a favourable atmosphere for practical cooperation in areas such as agriculture,” Li told a visiting US agricultural trade delegation in Beijing on Tuesday, according to a statement published by the Ministry of Commerce on Wednesday. Li said there... https://www.scmp.com/economy/china-economy/article/3331699/chinese-trade-negotiator-urges-us-give-boost-agricultural-cooperation?utm_source=rss_feed https://www.scmp.com/economy/china-economy/article/3331699/chinese-trade-negotiator-urges-us-give-boost-agricultural-cooperation?utm_source=rss_feed Thu, 06 Nov 2025 01:59:41 +0000 Bochen Han Bochen Han Long-simmering debates in Washington about the benefits of increased investment from China were revived in recent weeks after Beijing reportedly pushed US President Donald Trump’s administration to roll back national security restrictions on Chinese deals in America. But despite signs of high-level political warming to the idea, analysts say the path forward for Chinese firms remains steep given federal and state restrictions and the realities of congressional and local politics. China’s... https://www.scmp.com/news/china/article/3331336/can-chinese-investment-still-find-home-america?utm_source=rss_feed https://www.scmp.com/news/china/article/3331336/can-chinese-investment-still-find-home-america?utm_source=rss_feed Mon, 03 Nov 2025 17:00:09 +0000 Alyssa Chen Alyssa Chen Highly anticipated talks between Xi Jinping and Donald Trump on the sidelines of the Apec summit are set for Thursday in Busan, South Korea – some 85km (53 miles) from the forum’s main events in Gyeongju – and security considerations could explain why as the two seek to make headway on issues that have strained ties. On Wednesday, the Chinese foreign ministry announced that Xi and Trump would meet in Busan to “exchange views on bilateral relations and issues of mutual interest”. Foreign ministry... https://www.scmp.com/news/china/diplomacy/article/3330734/why-xi-and-trump-are-set-talk-busan-away-south-koreas-apec-events?utm_source=rss_feed https://www.scmp.com/news/china/diplomacy/article/3330734/why-xi-and-trump-are-set-talk-busan-away-south-koreas-apec-events?utm_source=rss_feed Wed, 29 Oct 2025 08:26:13 +0000 Orange Wang Orange Wang Would the Cold War have unfolded differently if Nikita Khrushchev had chosen a different interpreter? It is a decades-old thought experiment, born of the phrase translated as “we will bury you”, but it is chiming with today’s strategic rivalry between China and the US. Whether the statement, attributed to the then-leader of the Soviet Union in 1956, should instead have been interpreted as the less aggressive “we will outlive you”, the incident sheds light on a recurrent headache in modern... https://www.scmp.com/news/china/diplomacy/article/3330459/hawkish-interpretations-rise-us-china-discourse-gets-lost-translation?utm_source=rss_feed https://www.scmp.com/news/china/diplomacy/article/3330459/hawkish-interpretations-rise-us-china-discourse-gets-lost-translation?utm_source=rss_feed Mon, 27 Oct 2025 15:00:15 +0000 Alice Li,Kandy Wong Alice Li,Kandy Wong After two days of high-level US-China trade talks in Malaysia, Washington hinted the world’s two largest economies had found common ground on key issues ranging from tariffs to Beijing’s expanded rare earth export controls. But analysts cautioned the “real test” would come when both sides had to execute a resulting deal. Both Chinese and US trade officials described the negotiations in Kuala Lumpur over the weekend as “constructive”, with US Treasury Secretary Scott Bessent adding that the... https://www.scmp.com/economy/china-economy/article/3330479/us-china-framework-deal-only-first-step-towards-ending-trade-war-analysts?utm_source=rss_feed https://www.scmp.com/economy/china-economy/article/3330479/us-china-framework-deal-only-first-step-towards-ending-trade-war-analysts?utm_source=rss_feed Mon, 27 Oct 2025 13:00:19 +0000 Brian Rhoads,Raymond Ma Brian Rhoads,Raymond Ma US and Chinese negotiators sketched out the contours of a trade deal, setting the stage for Presidents Donald Trump and Xi Jinping to finalise an accord later this week that may ease tensions between the world’s two largest economies. “I think we reached a substantial framework for the two leaders,” US Treasury Secretary Scott Bessent told ABC News after trade talks in Kuala Lumpur. Chinese negotiator Li Chenggang told reporters that the two teams had reached a “preliminary consensus” that must... https://www.scmp.com/plus/article/3330473/us-china-trade-deal-sight-ahead-trump-xi-summit?utm_source=rss_feed https://www.scmp.com/plus/article/3330473/us-china-trade-deal-sight-ahead-trump-xi-summit?utm_source=rss_feed Mon, 27 Oct 2025 09:03:45 +0000 Mark Magnier,Khushboo Razdan Mark Magnier,Khushboo Razdan Blame games, tit-for-tat threats, off-again on-again meetings between US President Donald Trump and Chinese President Xi Jinping, and wild tariff swings seem to be the recent order of the day. According to former government officials and analysts, however, this should come as no surprise – it’s just the price you pay when diplomatic norms are brushed off. In the latest twist in the saga, Trump on Friday swung from tough to conciliatory, appearing to reverse threats made a week earlier to cancel... https://www.scmp.com/news/us/diplomacy/article/3329484/will-trump-and-xis-shock-tactics-ruin-any-chances-ending-us-china-trade-war?utm_source=rss_feed https://www.scmp.com/news/us/diplomacy/article/3329484/will-trump-and-xis-shock-tactics-ruin-any-chances-ending-us-china-trade-war?utm_source=rss_feed Fri, 17 Oct 2025 22:26:31 +0000 David Dodwell David Dodwell When did you last notice that laptops invariably carry a little “Intel inside” sticker? Aware that its microprocessors were important but invisible, Intel thought it was essential marketing to alert the world to their existence at the heart of every computer. Perhaps every computer today should carry another prominent sticker: “Rare earth elements inside”. So too electric vehicles, wind turbines, drones, jet engines, radar systems, smart bombs and Tomahawk missiles. Not to mention everyday items... https://www.scmp.com/opinion/china-opinion/article/3329351/trump-may-be-realising-he-has-less-leverage-over-china-he-thought?utm_source=rss_feed https://www.scmp.com/opinion/china-opinion/article/3329351/trump-may-be-realising-he-has-less-leverage-over-china-he-thought?utm_source=rss_feed Fri, 17 Oct 2025 08:30:08 +0000 Mandy Zuo,Ji Siqi Mandy Zuo,Ji Siqi Beijing on Thursday rebutted Washington’s characterisation of its recent rare earth export control measures as an action taken “against the world”, stressing it grants approval to compliant applications and is taking steps to expedite the review process, including the potential establishment of a green channel. Claims the policy will disrupt global supply chains “severely” distort and exaggerate China’s intent, “deliberately causing unnecessary misunderstanding and panic”, the Ministry of... https://www.scmp.com/economy/global-economy/article/3329265/unnecessary-panic-china-rebukes-us-officials-comments-rare-earths?utm_source=rss_feed https://www.scmp.com/economy/global-economy/article/3329265/unnecessary-panic-china-rebukes-us-officials-comments-rare-earths?utm_source=rss_feed Thu, 16 Oct 2025 11:00:13 +0000 Mia Nurmamat,Sylvia Ma Mia Nurmamat,Sylvia Ma Just hours before US President Donald Trump signed an executive order to settle the tumult surrounding TikTok, Beijing launched a sudden salvo in its ongoing trade war with Washington. As Trump’s order brought the fate of the popular short-video app closer to a resolution, a number of American firms were being hit with trade curbs. It not only marked the latest example of bilateral tensions flaring up during Trump’s second presidential term, analysts say it also reflected a pattern in the... https://www.scmp.com/economy/global-economy/article/3327266/dare-fight-how-chinas-refined-art-deal-reflects-years-dealing-trump?utm_source=rss_feed https://www.scmp.com/economy/global-economy/article/3327266/dare-fight-how-chinas-refined-art-deal-reflects-years-dealing-trump?utm_source=rss_feed Mon, 29 Sep 2025 13:00:13 +0000 Mandy Zuo Mandy Zuo China has called on the United States to lift its unilateral tariff measures so the two sides can restore normal trade flows of soybeans – a focal point of ongoing negotiations as many US farmers grow increasingly desperate for a bilateral deal to secure exports. Washington could take decisive action to ease tensions and bring trading of the crop – a critically important export for America’s agricultural industry – back to normalcy, Ministry of Commerce spokesman He Yadong said during a press... https://www.scmp.com/economy/global-economy/article/3326873/soybeans-sake-cancel-tariffs-china-urges-us-farmers-grow-desperate-harvest?utm_source=rss_feed https://www.scmp.com/economy/global-economy/article/3326873/soybeans-sake-cancel-tariffs-china-urges-us-farmers-grow-desperate-harvest?utm_source=rss_feed Thu, 25 Sep 2025 11:09:47 +0000 Ji Siqi Ji Siqi China has pledged not to seek special and differential treatment – a provision of the World Trade Organization granting certain privileges to developing countries – in its dealings under the framework of the global trade body, an action that bolsters the country’s case that it is defending the multilateral trade system amid the tariff increases and other protectionist policies imposed by US President Donald Trump. “China, as a responsible major developing country, will not seek new special and... https://www.scmp.com/economy/global-economy/article/3326655/china-relinquish-wto-privileges-show-support-multilateral-trade?utm_source=rss_feed https://www.scmp.com/economy/global-economy/article/3326655/china-relinquish-wto-privileges-show-support-multilateral-trade?utm_source=rss_feed Wed, 24 Sep 2025 07:04:21 +0000 Finbarr Bermingham Finbarr Bermingham Spanish Foreign Minister José Manuel Albares beamed on Sunday as he welcomed top negotiators from the United States and China to Madrid, the fourth European venue chosen to host the talks aimed at calming their trade and technology wars. “Spanish foreign policy works for dialogue and agreement. Honoured by the trust of both in choosing Madrid,” Albares wrote on social media, in a post accompanied by separate smiling pictures with Chinese Vice-Premier He Lifeng and US Treasury Secretary Scott... https://www.scmp.com/news/china/diplomacy/article/3325690/player-or-playground-europe-sidelined-again-rivals-us-and-china-cut-deals-its-soil?utm_source=rss_feed https://www.scmp.com/news/china/diplomacy/article/3325690/player-or-playground-europe-sidelined-again-rivals-us-and-china-cut-deals-its-soil?utm_source=rss_feed Tue, 16 Sep 2025 08:00:17 +0000 Khushboo Razdan,Xiaofei Xu,Ji Siqi Khushboo Razdan,Xiaofei Xu,Ji Siqi China has confirmed that a framework agreement has been reached with the United States on resolving TikTok-related issues, while stressing that the “hard-won” results should not be accompanied by continued “suppression” of Chinese companies. “The two sides held candid and in-depth exchanges and reached a basic framework consensus on properly resolving relevant issues concerning TikTok through cooperation, on reducing barriers to investment and on promoting relevant trade and economic... https://www.scmp.com/news/china/diplomacy/article/3325628/trump-teases-possible-deal-tiktok-plans-call-xi?utm_source=rss_feed https://www.scmp.com/news/china/diplomacy/article/3325628/trump-teases-possible-deal-tiktok-plans-call-xi?utm_source=rss_feed Mon, 15 Sep 2025 12:37:25 +0000 Sylvia Ma Sylvia Ma A recent rally in China’s yuan has been primarily fuelled by stronger guidance from its central bank rather than by market forces, analysts said, pointing to a mostly steady US dollar index. However, they noted, this period of strengthening is likely to remain measured, as Beijing prefers to avoid harming the competitiveness of its exporters amid trade tensions with the United States. Over just five trading days last week, the People’s Bank of China pushed the yuan’s reference rate against the... https://www.scmp.com/economy/china-economy/article/3324501/chinas-yuan-rallies-central-bank-backing-worries-mount-over-us-dollar?utm_source=rss_feed https://www.scmp.com/economy/china-economy/article/3324501/chinas-yuan-rallies-central-bank-backing-worries-mount-over-us-dollar?utm_source=rss_feed Sat, 06 Sep 2025 02:00:14 +0000 Frank Chen,Ralph Jennings Frank Chen,Ralph Jennings More Chinese entrepreneurs and local government representatives could soon be packing for New York and California, aiming to take advantage of a recent stabilisation in US-China relations to hop across the Pacific and scout out potential trade and investment opportunities. Visits by delegations from China in the coming months will seek to leverage the pro-business amity and autonomy of local authorities in the US to advance economic ties, as Beijing encourages subnational exchanges. China’s... https://www.scmp.com/economy/china-economy/article/3324363/chinese-provinces-ready-business-delegations-us-amid-shaky-tariff-truce?utm_source=rss_feed https://www.scmp.com/economy/china-economy/article/3324363/chinese-provinces-ready-business-delegations-us-amid-shaky-tariff-truce?utm_source=rss_feed Thu, 04 Sep 2025 13:00:12 +0000 Jane Cai Jane Cai China and the US should manage their differences and expand cooperation through “equal dialogue and consultation”, senior Chinese trade negotiator Li Chenggang said during a visit to the United States amid a trade war truce between the two powers. Li wrapped up his three-day visit on Friday after meeting with officials from the US Department of the Treasury, the Department of Commerce and the Office of the US Trade Representative, according to a statement from the Chinese commerce ministry on... https://www.scmp.com/news/china/diplomacy/article/3323753/chinas-senior-trade-negotiator-calls-equal-dialogue-during-us-visit?utm_source=rss_feed https://www.scmp.com/news/china/diplomacy/article/3323753/chinas-senior-trade-negotiator-calls-equal-dialogue-during-us-visit?utm_source=rss_feed Sat, 30 Aug 2025 15:00:08 +0000 Mark Magnier Mark Magnier The administration of US President Donald Trump called on American banks and other financial institutions Thursday to step up monitoring of suspected Chinese money-laundering networks it says fuel fentanyl addiction in the United States. The advisory highlighted how informal Chinese money-laundering operations work in a symbiotic relationship with the Jalisco New Generation, Sinaloa, Gulf and other Mexican drug cartels to effectively bypass financial safeguards. “Money-laundering networks linked... https://www.scmp.com/news/world/united-states-canada/article/3323545/trump-urges-banks-flag-chinese-money-laundering-linked-fentanyl-trade?utm_source=rss_feed https://www.scmp.com/news/world/united-states-canada/article/3323545/trump-urges-banks-flag-chinese-money-laundering-linked-fentanyl-trade?utm_source=rss_feed Thu, 28 Aug 2025 14:01:12 +0000 Ji Siqi Ji Siqi One of China’s top trade negotiators, Li Chenggang, will be meeting with relevant US officials this week while in Washington, the Ministry of Commerce has confirmed. “China is willing to work with the United States to continue leveraging the China-US economic and trade consultation mechanisms effectively, resolve issues through equal dialogue and consultation, and jointly maintain the healthy, stable and sustainable development of China-US economic and trade relations,” ministry spokeswoman He... https://www.scmp.com/economy/global-economy/article/3323530/washington-chinas-top-trade-negotiator-readies-talks-no-formal-negotiations?utm_source=rss_feed https://www.scmp.com/economy/global-economy/article/3323530/washington-chinas-top-trade-negotiator-readies-talks-no-formal-negotiations?utm_source=rss_feed Thu, 28 Aug 2025 12:00:16 +0000 Khushboo Razdan Khushboo Razdan Beijing’s top diplomat in Washington on Wednesday warned against undermining of people-to-people relations just hours after the US government proposed a sweeping revamp of visa rules for foreign students, scholars and media citing national security risks. “Going forward, we need to bring our people closer, rather than sow fear and hostility,” China’s ambassador to the US Xie Feng said during an event commemorating Chinese and American soldiers who fought together for Allied forces during World... https://www.scmp.com/news/china/diplomacy/article/3323416/chinese-envoy-warns-against-sowing-fear-and-hostility-us-plans-visa-revamp?utm_source=rss_feed https://www.scmp.com/news/china/diplomacy/article/3323416/chinese-envoy-warns-against-sowing-fear-and-hostility-us-plans-visa-revamp?utm_source=rss_feed Thu, 28 Aug 2025 01:51:32 +0000 Luna Sun Luna Sun Jing Qian is vice-president of the Asia Society and managing director of its Centre for China Analysis (CCA), which he co-founded with Kevin Rudd, former prime minister of Australia. His research examines the interplay between domestic politics and foreign policy in the United States and China. In his second Open Questions interview, he delves into the two countries’ all-important relationship, how its twists and turns play out in Europe and the numerous domestic economic challenges Beijing is... https://www.scmp.com/economy/global-economy/article/3321959/jing-qian-unpacks-us-china-trade-talks-and-their-manageable-rivalry?utm_source=rss_feed https://www.scmp.com/economy/global-economy/article/3321959/jing-qian-unpacks-us-china-trade-talks-and-their-manageable-rivalry?utm_source=rss_feed Sun, 17 Aug 2025 22:00:15 +0000 dpa dpa The United States is aiming for a possible extension of the tariff pause with China, US Trade Representative Jamieson Greer said in a television interview released on Sunday. Confronted by a CBS News journalist with claims from the Chinese side that the current deadline of August 12 would be postponed, Greer said: “That’s something we’re working toward.” He said China would want that. The interview was recorded on Friday and broadcast on Sunday. Greer added that technical issues were being... https://www.scmp.com/news/china/diplomacy/article/3320617/august-12-deadline-china-tariffs-not-set-stone-says-us-trade-negotiator?utm_source=rss_feed https://www.scmp.com/news/china/diplomacy/article/3320617/august-12-deadline-china-tariffs-not-set-stone-says-us-trade-negotiator?utm_source=rss_feed Sun, 03 Aug 2025 19:31:48 +0000 Frank Chen Frank Chen US Treasury Secretary Scott Bessent said on Friday that meetings with his Chinese counterparts this week “advanced our talks”, but stopped short of confirming that US President Donald Trump approved the consensus that Beijing claimed they had reached. “This week’s negotiations in Stockholm have advanced our talks with China, and I believe that we have the makings of a deal that will benefit both of our great nations,” Bessent wrote on X. “Thanks to the powerful bond between @POTUS and President... https://www.scmp.com/news/us/economy-trade-business/article/3320515/us-treasury-secretary-says-meetings-chinese-have-advanced-our-talks?utm_source=rss_feed https://www.scmp.com/news/us/economy-trade-business/article/3320515/us-treasury-secretary-says-meetings-chinese-have-advanced-our-talks?utm_source=rss_feed Fri, 01 Aug 2025 22:49:41 +0000 SCMP Editorial SCMP Editorial Since US President Donald Trump launched his global trade war in April, the United States and China have held three rounds of high-level negotiations on the neutral ground of Geneva, London and now Stockholm. The ultimate result of what both sides said were constructive talks is agreement to extend the 90-day pause in the sky-high tit-for-tat tariffs, originally due to end by August 12, without setting a deadline. The agreement between negotiators led by Chinese Vice-Premier He Lifeng and US... https://www.scmp.com/opinion/comment/article/3320143/despite-pause-us-china-tariff-war-expect-more-global-fragmentation?utm_source=rss_feed https://www.scmp.com/opinion/comment/article/3320143/despite-pause-us-china-tariff-war-expect-more-global-fragmentation?utm_source=rss_feed Wed, 30 Jul 2025 23:15:13 +0000 Brian Rhoads,Raymond Ma Brian Rhoads,Raymond Ma US and Chinese trade negotiators sounded positive about their two days of discussions in Stockholm but the talks did not yield an immediate deal for another pause on tariff increases. Hong Kong stocks opened 0.5 per cent lower on news of the lack of agreement, and fell further in afternoon trading to close 1.36 per cent down. China’s CSI 300 Index ended the day flat. Li Chenggang (李成钢), China’s vice-minister of commerce, said the two sides had agreed to push for a continued delay of additional... https://www.scmp.com/plus/article/3320118/renewed-pause-us-china-tariffs-awaits-trump-sign?utm_source=rss_feed https://www.scmp.com/plus/article/3320118/renewed-pause-us-china-tariffs-awaits-trump-sign?utm_source=rss_feed Wed, 30 Jul 2025 09:00:35 +0000 Xiaofei Xu,Khushboo Razdan,Frank Chen,Ralph Jennings Xiaofei Xu,Khushboo Razdan,Frank Chen,Ralph Jennings China and the United States have diverged on the timing for another pause on tariff increases, a hurdle that must be cleared before the world’s two largest economies reach a trade deal ahead of an August 12 deadline. After their two days of talks in Stockholm, Sweden, Chinese negotiators declared a consensus for an extension of the pause on tariff increases, while the American side insisted that no deal would be final without US President Donald Trump’s explicit approval. The Chinese side did... https://www.scmp.com/economy/global-economy/article/3320049/china-us-finish-stockholm-trade-talks-agreement-extend-tariff-pause?utm_source=rss_feed https://www.scmp.com/economy/global-economy/article/3320049/china-us-finish-stockholm-trade-talks-agreement-extend-tariff-pause?utm_source=rss_feed Tue, 29 Jul 2025 15:58:38 +0000