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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.
Nvidia’s H20 AI chip was designed for the China market. Photo: Shutterstock
US-China tech war

As China defies US tech blockade, can local AI chipmakers capture Nvidia share?

Vast pool of engineering talent seen as a potent driving force for country’s challenge to US tech supremacy.

Mainland China

Chinese shipyards shift focus to advanced vessels as rivals gain ground

Canada

USMCA urged to form joint mechanism to address China’s national security threats

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China’s private sector

US lifts China sentiment, but tensions cloud outlook in Japan: report

Global confidence in China ticked higher in the third quarter, Morgan Stanley says, driven by US companies and policy support in Beijing.

Global business sentiment towards China improved in the third quarter of 2025. Photo: Xinhua
China trade

Explainer | From railways to Labubus: how China Inc. went on a 50-year trip abroad

Chinese companies have steadily expanded their global reach over the past half-century, but it has been a winding, often turbulent journey.

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China shipbuilding

Beijing woos foreign firms as China seeks bigger role in global shipbuilding supply chain

From cruise ships to deep-sea ocean drillers, China aims to open its vast shipbuilding industry wider to overseas partners.

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China-Latin America relations

Trump seizes on China ‘ban’ in Brazil soy trade, but data shows US gains small

China halted imports of soybeans from five Brazil-based exporters after pesticide-treated wheat was found mixed into cargo bound for Beijing.

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US Agriculture Secretary Brooke Rollins said on Tuesday that US farmers are benefiting from China’s recent ban on select Brazilian soybean shipments. Photo: Getty Images/TNS
US-China relations

Trump wants a sovereign wealth fund to compete with China. Big questions remain

Ten months after it was proposed as a key tool to compete with China, there are still few clues about how it can be structured and managed.

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US-China relations

Opinion | ‘America first’ can’t mean America alone if West hopes to counter China

Keeping US allies onside means rolling back tariffs and coming up with a long-term strategy, both of which are counter to Trump’s strengths.

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Banking & finance

Healthcare and tech to drive Asia-Pacific private equity deals amid slower growth

Asia-Pacific private equity managers are forecasting higher returns and fewer geopolitical risks than peers elsewhere, a new survey finds.

Healthcare is one of the sectors expected to drive private equity deals in 2026. Photo: Shutterstock
China's economic recovery

Explainer | What’s next for China’s economy in 2026 – and how it plans to tackle challenges

Top investment banks forecast moderate growth next year amid trade, property and structural challenges.

Pedestrians wait for a street signal on a sidewalk as an electronic billboard shows China’s 2024 gross domestic product growth in Shanghai, taken on January 21 this year. Photo: Reuters
United States

Trump declares all orders signed by autopen under Biden ‘terminated’

Trump vows to terminate every document his predecessor signed, and if Biden lied about using an autopen, he would be charged with perjury.

China-Latin America relations

China halts soy imports from Brazil plants, pivots to US amid food safety probe

China’s ban follows detection of pesticide-treated wheat in soy cargo as Beijing ramps up US farm purchases after trade talks.

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China trade

Explainer | Tripwire clauses: why is China alarmed by Malaysia’s new trade deal with the US?

Controversial wording seen as a geopolitical trap designed to force neutral countries to uphold Western containment strategies.

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Shipping containers are stacked in April at Port Klang on the outskirts of Kuala Lumpur, Malaysia. Photo: AP
Nexperia

China, EU shift Nexperia strategy: let the companies work it out

Wang Wentao shifts focus to the boardroom but warns the Dutch government must still scrap the executive order and court ruling fuelling the crisis.

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Flags fly next to a logo of Nexperia at the facade of its factory in Guangdong province amid a chip-supply shortage caused by a diplomatic standoff between China and the Netherlands over the company. Photo: Reuters
China trade

Explainer | How some Chinese exporters benefit from US dollar-backed stablecoins

From navigating trade restrictions to overcoming regulatory barriers, more traders are embracing the digital asset – but not without risks.

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Electric & new energy vehicles

Tesla affirms confidence in Chinese partners, repudiates supplier ban

American EV maker says rigorous standards – not geographic origins – guide its vendor choices.

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US-China relations

Trump buddies up to Xi as China’s hardball pays off

The possibility of four Trump-Xi meetings next year shows how the US leader has flipped to seeking stability with China from fighting an all-out trade war.

US President Donald Trump and Chinese President Xi Jinping after the October summit. Photo: Reuters
US-China relations

Trump eyes possible Xi reunion at Apec as diplomacy shifts into high gear

A Shenzhen Apec stop could be one of four in-person meetings as both sides signal improving ties ahead of a pivotal political year.

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US-China relations

Trump keeps quiet on Taiwan after Xi, Takaichi calls

The usually voluble US president made no comment about Taiwan after speaking to the leaders of China and Japan amid the two Asian nations’ row over the island.

Hong Kong economy

Hong Kong exports grow 17.5% in October as trade policy uncertainties ease

Value of goods exported from Hong Kong in October stood at HK$461.8 billion.

Hong Kong’s real GDP growth estimate for the year has been revised upwards to 3.2 per cent. Photo: Eugene Lee
Banking & finance

Yuan’s long-term hedge costs equalise for first time since 2011

The risk reversal as the yuan has fared better than expected this year and as investors brace for a weaker dollar on Fed rate cut prospects.

The offshore yuan has strengthened 3.4 per cent against the dollar this year. Photo: Getty Images
United States

Opinion | Trump can’t have it all: low prices, booming stocks, balanced trade

Trump wants to close the trade deficit while promising cheap goods and high asset prices. The cost? Devastating inflation or a market crash.

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US-China relations

Beijing says US initiated ‘positive, friendly and constructive’ Trump-Xi call

Trump hails ‘extremely strong’ relationship with Beijing after call covering bilateral relations, Taiwan, Ukraine, fentanyl and agriculture.

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United States

US senator demands answers to Trump’s TikTok divestiture plan

Ed Markey questions Trump’s executive order to sell ByteDance-owned TikTok to US investors, demanding clarity on algorithm control and security.

US President Donald Trump shows an executive order regarding TikTok on September 25, stating that a US version of the app would use a homegrown model of its algorithm, addressing a key issue for keeping the Chinese-owned platform operating in the US. Photo: AFP
G20

At G20, China pushes multilateralism, solidarity and free trade amid US boycott

Chinese Premier Li Qiang urges reform of major Western-led international organisations, says developing countries must have a greater voice.

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Chinese Premier Li Qiang addresses the first session of the 20th G20 summit, in Johannesburg, South Africa, on Saturday. Photo: Xinhua
Hong Kong economy

Hong Kong’s HK$19 trillion in bank deposits proves safe haven status: Paul Chan

Finance chief also says city’s goods exports have remained resilient despite tariff war.

United States

Real possibility of US tariff refunds is sure to stir up a giant ‘mess’

Should Supreme Court rule against Donald Trump’s trade levies in coming weeks, the big question is how potential tariff refunds would work.

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