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US-China trade war

US-China trade war
Breaking news and analysis on the US-China trade war, its history and timeline, and the impact on the global economy.
Blocks with symbols and atomic numbers of various rare earth elements are seen on a Chinese flag. Illustration: Reuters
China trade

Beijing touts mineral dominance, boosts autonomy drive, ahead of Trump’s visit

Ministry of Natural Resources boasts world-leading reserves of 14 minerals and vows to keep boosting output and exploration as geopolitical risks weigh on resources.

China GDP

US economic gap over China to widen, but Iran might bring them closer: Mahbubani

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United States

Trump urged by Democrats to keep US ban on Chinese cars as Xi meeting looms

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China manufacturing

Opinion | How China’s manufacturing is winning the Iran war

China’s production advantage is built on years of preparation, investment in renewables and cost discipline that are difficult to displace.

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A man looks at an electric sedan from Chinese automaker BYD during the Auto Shanghai show in Shanghai in 2023. Photo: AP
SCMP Exclusives

Exclusive | Un-sanctioned: China to welcome Dutch trade minister amid Nexperia, ASML discord

Source says Beijing has quietly dropped an old sanctioning of Sjoerd Sjoerdsma, who recently spoke of wanting to lead a Dutch trade mission to China.

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China’s private sector

Turning cast-offs into cash: China’s Zhuanzhuan looks to Europe, US for growth

From phones to luxury bags, the recycling platform wants to take its ‘trash to treasure’ model global as second-hand demand accelerates.

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China’s private sector

Muddy yet clear-cut: how Chinese investors are turning jungle into a new capital

Chinese construction firms keen to cement trade ties with Jakarta through multimillion dollar projects to build a brand new centre of power.

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Construction started on a Chinese-invested commercial centre at Ibu Kota Nusantara, the future Indonesian capital, on September 22, 2025. Photo: Ralph Jennings
China manufacturing

Billionaire behind ‘American Factory’ firm warns of US exit amid trade friction

Fuyao Glass, a major supplier to Ford, GM and BMW in the US, employs thousands across the states of Ohio, Illinois and South Carolina.

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China technology

As DJI duels Insta360, China sharpens global hardware edge amid US scrutiny

Western competitors like GoPro face shrinking footprints as strategic shifts of Chinese firms disrupt the status quo while navigating FCC-led national security bans.

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US-China relations

Trump ally visits China, DeepSeek releases V4, EV earnings

This week: Trump ally Daines is set to visit China, DeepSeek unveils new AI model, Xi calls for Strait of Hormuz reopening, Auto China opens. Next week: BYD, Geely and Chinese banks post earnings, Politburo probably meets, May Day holiday begins, and more.

US Senator Steve Daines. Photo: Reuters
US-China relations

Exclusive | Trump ally to visit China as US turns up pressure before May summit

Republican senator to lead bipartisan delegation to China next week; visit will begin on May 1, with stops planned in Shanghai and Beijing.

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Chinese Premier Li Qiang greets US Senator Steve Daines ahead of their meeting at the Great Hall of the People in Beijing on March 23, 2025. Photo: Pool via Reuters
US, Israel war on Iran

Is the US in decline? Why Iran war might be the surest sign

In going from international rule-maker to ‘predatory hegemon’, the US is risking it all, Chinese state media and observers warn.

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China trade

Canton Fair defies global trends as overseas buyers flock to buy robots, drones

Foreign buyers queue up to test the latest technological hardware at China’s largest trade show despite softening international demand.

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Florida

US lawmakers slam China’s ‘parasitic’ theft of military and tech secrets

US senators pointed to legal channels, including work visas and university research, as potential pathways for China-linked espionage.

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The United States and China are locked in an intense technological battle for global supremacy. Photo: Shutterstock
US-China tech war

Zero H200 chips sold to China ‘as of today’, Lutnick tells US lawmakers

Commerce chief says Beijing is prioritising its own semiconductor industry when asked whether selling US chips would aid Chinese military.

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Howard Lutnick testifies at a Senate hearing on the 2027 budget in Washington on Wednesday. Photo: Reuters
2026 Trump-Xi summit

As Iran talks go nowhere, will Donald Trump still go to Beijing?

With peace negotiations postponed, it is unclear if the US president will be ready to look at stabilising ties between the two top economies.

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China trade

Learn from the East, says economist Justin Lin, refuting ‘overcapacity’ rhetoric

Former World Bank economist defends Beijing’s industrial strategy amid ‘overcapacity’ allegations, points to Germany and a ‘double standard’.

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Science

Semiconductors | China bets on RISC-V in global AI race

RISC-V, an open-source chip architecture, has gained popularity in China in reaction to widening US restrictions on exports of advanced technology.

China bets on RISC-V in global AI race
China airliners

Exclusive | Maker of China’s C919 jet weighs supply chain weaknesses amid delivery delays

The firm still relies on overseas suppliers for some critical parts, while labour shortages also pose problems, a company source says.

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United States

US firms dash to recover tariffs paid on Chinese imports as refund system starts

Companies scramble on Monday to recover illegally collected tariffs from US government as thousands rush to file claims.

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US-China relations

US must make more bombers, bring China in on nuclear arms talks: senator

Republican Deb Fischer, whose subcommittee oversees US nuclear arsenal, insisted Beijing must be part of any future treaty negotiations.

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DF-5C nuclear missiles are displayed during a military parade in Beijing in September 2025. Photo: Reuters
China trade

China presses IMF for quota reform, better surveillance of advanced economies

PBOC head urges IMF to ‘stand against protectionism’ amid effects from tariffs, Iran war.

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PBOC governor Pan Gongsheng appears with Kristalina Georgieva, managing director of the IMF. Photo: handout
China GDP

First tariffs, now war: how Asia is facing a second year of economic shocks

Global institutions forecast slower growth in Asia-Pacific this year, as the Iran war and tariff risks combine to disrupt global trade.

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Donald Trump

Russia’s Lavrov says balance of power shifting to emerging economies

At the Antalya Diplomacy Forum in Turkey, Lavrov said the foundations of globalisation powered primarily by the US had ‘come to an end’.

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China manufacturing

Iran war energy shock sees Chinese firms recalibrate overseas expansion plans

Businesses are rethinking short-term strategies as they adapt to rising costs and slowing growth across major economies.

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Illustration: Lau Ka-kuen
E-commerce

How Amazon uses closer China supply ties to counter tariffs, Shein and Temu

Amazon’s warehousing hub in Shenzhen streamlines shipping for Chinese sellers, cutting costs and delays amid rising competition and tariffs.

Amazon officially opened the world’s first global warehousing and distribution facility in Shenzhen to more sellers on Wednesday. Photo: dpa-Zentralbild/dpa
US-China relations

US-China tensions simmer, economy outperforms, Auto China begins

This week: The US and China exchange trade-war swings, China’s economic growth beats expectations, and the US blockades Iranian ports. Next week: Carmakers debut models at Auto China, Victory Giant starts trading after Hong Kong IPO, robots compete in Beijing half marathon and more.

Taiwan

Why the biggest threat to US dollar dominance may well be Washington itself

Economic sanctions, access to US-led banking systems are powerful tools, but overuse reduces their effectiveness over time, Congress told.

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