China's foreign ministry spokesperson Mao Ning

China Vows Retaliation Over New US Tariffs on Steel and Aluminium

China has vowed to take "all necessary measures" to protect its economic interests after the United States imposed a fresh 25 percent tariff on steel and aluminum imports, further escalating tensions in an ongoing trade dispute. The tariffs, which took...
US Dollar - Chinese Yuan

Doubts Over US Exceptionalism Ease Pressure on China’s Yuan Defense

The People’s Bank of China (PBOC) is scaling back its active defense of the yuan as concerns over US economic strength and political uncertainty weaken the dollar. This shift is evident in the narrowing gap between the central bank’s daily...
China's Trade Slowdown in November Sparks Concerns Amid Imminent U.S. Trade Risks

Global Bond Selloff Intensifies, Sending Shockwaves Through Asian Markets

Heavy selling in German bunds triggers a global rout; Asian equities buoyed by delayed US tariffs on Mexico and Canada A global bond selloff accelerated in Asia on Thursday, driving Japanese benchmark yields to their highest levels in over a decade. The rout, triggered...
Drone view shows a cargo ship and shipping containers at the port of Lianyungang

Supply Chains, Costs, and Policy Uncertainty: The Ongoing Impact of US Tariffs on Chinese Imports on Businesses

China's Guangdong province, Hub renowned for its manufacturing expertise and efficiency. With a complex international supply chain, Igloo once relied exclusively on its Guangdong facility for critical hardware manufacturing. However, with the U.S.-China trade war still simmering, the company recently...