Aluminum Soars as China Cancels Tax Incentive on Metal’s Exports
Aluminum jumped alongside all other industrial metals after China canceled a tax rebate on exports of certain commodities.
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Aluminum Soars as China Cancels Tax Incentive on Metal’s Exports
Aluminum jumped alongside all other industrial metals after China canceled a tax rebate on exports of certain commodities.
China’s first-wave tycoons are retiring. Are their kids ready to step up?
As China’s first-generation entrepreneurs reach old age, their companies grapple with succession dilemmas and a new business landscape.
Former US trade official says China relations must ‘get back on track’
A former US Trade Representative lamented the state of US-China relations and called for restraint at a forum in Hong Kong.
China Says To Scrap Export Tax Rebate For Aluminium, Copper
China's finance ministry said Friday it was cancelling export tax rebates for metals like aluminium and copper, and certain other goods, beginning next month.
Alcoa, Century Aluminum Shares Jump After China Cancels Export-Tax Rebate
Shares of Alcoa and Century Aluminum rose after China's finance ministry said it would cancel its export-tax rebate for aluminum. In midday trading Friday, Alcoa's stock was up 8.6%, while Century Alu ...
At China’s Zhuhai air show, Russia signs deals to export Su-57 fighter jet
Moscow agrees to deliver the stealth warplanes to other countries for first time, while Russian security chief visits aviation event.
Opinion: What is and isn’t concerning about China’s AI surprise
Within hours, there were renewed congressional calls to slam the gate on unrestricted commercial exports of AI products. Although concern about China’s global AI ambition is war
Key Indicators Show Uneven Recovery in Chinese Economy
Key indicators painted a mixed picture of the Chinese economy, suggesting that Beijing’s more muscular stimulus is struggling to turn things fully around.
What is and isn’t concerning about China’s AI surprise
Reuters recently reported that researchers affiliated with China’s People’s Liberation Army released studies demonstrating that they had applied versions of Meta’s Llama AI system to experimental ...
Malaysia’s economy expands on back of surge in investments, strong ringgit
The central bank said domestic spending will remain the main anchor for the economy, fuelling sustained growth.
China’s Economy Picks Up, but Still Needs More Help
Friday’s data shows that Beijing’s recent cascade of monetary and fiscal easing measures have yet to fully reinvigorate an economy weighed down by a yearslong property-sector slump.
Chinese Economy Still Struggling to Regain Momentum
Friday’s data shows that Beijing’s recent cascade of monetary and fiscal easing measures have yet to fully reinvigorate an economy weighed down by a years-long property-sector slump.
China to cut or cancel export tax rebates for products including aluminium, copper
China's finance ministry said on Friday it would reduce or cancel export tax rebates for a wide range of commodities and other products, effective Dec. 1.
Will it be deal or no deal in the Trump era of US-China relations?
Participants in the US-China Hong Kong Forum see potential and potholes in what could be a rocky road over the new few years.
Will it be deal or no deal in the Trump era of US-China relations?
Participants in the US-China Hong Kong Forum see potential and potholes in what could be a rocky road over the new few years.
China Ends Export Tax Rebate for Aluminum, Copper From December
China is ending its export tax rebate policy for aluminum and copper, while lowering it for some refined oil and battery products as overcapacity concerns have grown among global trading partners.
China Tariffs Are Coming. Beijing’s Response Could Be a New Currency War.
It’s anyone’s guess how the People’s Bank of China governor will navigate the many shocks the former and future U.S. president has threatened for Asia’s 2025. From 60% tariffs on Chinese goods to a ...
China arms itself for potential trade war with Donald Trump
Beijing has enacted sweeping laws since US president-elect’s first term that would allow it to retaliate if threatened ...
The US-China tech race is moving from chips to the raw materials they're made of
The US is considering expanding its export limits on AI chips to China and its allies. Experts say the race for AI dominance is like a new Cold War.
China’s luxury market loses shine as Bain study shows spending decline
China’s high-end consumers have had a tighter grip on their wallets this year, with study from Bain & Company showing less luxury spending.
China’s job market braces for record number of fresh graduates next year
There will be more fresh university graduates in China next year than ever before, according to government estimates, with the increase likely to put more pressure on the job market as the economy ...
China, Europe, Mexico: the biggest losers from Trumponomics
Analysts reckon China’s exports to America could more than halve as a result, knocking one percentage point off China’s GDP amid already tepid growth. The impact would be limited by the fact that Mr ...
Trump Could Win the Contest With China Once and for All
His bluster and unpredictability, combined with strategic discipline, could permanently tilt the rivalry with China in America’s favor.
China’s winter tourism, sports heat up hope of thawing economy
As northern temperatures start to plunge, China’s State Council issues guidelines for the enhanced cultivation of a ‘snow and ice economy’.
China weighing property tax breaks to boost sales, free up household cash
These measures will be introduced “in the near future”, alongside additional fiscal policies to support the economy, it said ... vice-president of the Shanghai-based E-House China Real Estate Research ...
Hong Kong deputy to China’s legislature buys hotel for US$35 million, a 30% discount
A Hong Kong businessman and deputy to China’s legislature has acquired a hotel at a third ... I am very confident in Hong Kong’s economy in the long run,” Chan told the Post in a phone call on ...
Donald Trump's Trade War Won't Hurt China | Opinion
By empowering our own industries to compete freely and fairly on the global stage, we cultivate resilience and economic freedom—without the need for isolationist tariffs that ultimately hurt American ...
China unveils new tax breaks to boost property sales, free up household cash
“It’s a pretty sizeable move which will directly boost demand for medium to large-sized homes, specifically those above 90 sq m, by reducing transaction costs,” said Yan Yuejin, vice-president of the ...
China’s wintry tourism, sports heat up hope of thawing economy
Last Tuesday’s snowfall informally kicked off a months-long stretch that sees Harbin become one of the hottest holiday destinations in China, luring millions and fuelling a massive boon to the local ...
Hong Kong, China stocks weaken as Beijing policy move disappoints amid tariff worries
Sentiment suffers with prospect of tariffs, slower global growth, rising inflation and potentially fewer Fed rate cuts, say Nomura analysts.
Could China-US rivalry go off the rails in Africa over a resourceful train route?
The US and China are in a race to secure greater access to Africa’s vast mineral reserves with an infrastructure push by land and sea.
US crude exports to China rebound from four-year low but outlook glum, Kpler says
U.S. exports of crude oil to China, the world's top oil importer, have rebounded in October from their lowest levels since 2020 amid weak Chinese fuel demand and refinery profits, but the outlook for ...
China Can't Win Trump's New Trade War | Opinion
In recent days, China has been forcing down the value of the renminbi, partly in anticipation of Trump imposing new tariffs.
China seeks to ‘strengthen intensity, accuracy’ of monetary policies amid credit uptick
China’s central bank has pledged to further ramp up countercyclical monetary policies to support high-quality economic development, as credit data signalled a slight improvement in money supply growth ...
China’s stimulus needs more than ‘patchwork policies’ after new debt-relief plan
Economists spoke after Beijing unveiled its debt-relief plan following a week-long meeting of China’s top legislative body.
UBS cuts China stock forecast amid Trump tariff threat, weak stimulus
Swiss money manager cuts mid-2025 and end-2025 targets for MSCI China Index because of tariff uncertainties and disappointing stimulus.
China says stability, ‘deepened reform’ are crucial for economic growth
Party mouthpiece doubles down on positive message and confidence in achieving China’s GDP growth goal for 2024.
China's Record Trade Surplus May Fuel Tensions
China's trade surplus is on track to reach a record-breaking $1 trillion this year, a development that could exacerbate trade tensions with the US and other major economies, reports Bloomberg.
The widening trade surplus, which reached $785 billion in the first ten months of 2024, represents a 16%
Saudi Crude Oil Supply to China to Fall in December on Weak Demand
Saudi Arabia's crude oil supply to China is set to decline to around 36.5 million barrels in December, marking the second consecutive monthly decrease and the lowest volume since July, according to trade sources cited by Reuters.
The decline is attributed to weak demand from the world&
Blind box toys and Jellycat plushies: China’s new spending craze
The small toys offer a sense of excitement and social value, making them a rare bright spot in the country’s spending slump.
Navigating ‘tough phase’, China says economy is on road to recovery
Positive spin by party mouthpiece, while shying away from ‘chasing rapid growth’, comes as questions linger over China’s stimulus measures.
China export ‘rush’ expected ahead of Trump’s trade war 2.0, Beijing to show restraint
China’s export container freight index for shipments for US east and west coast routes stabilised and rebounded at the start of November.
China’s 2025 GDP growth forecast cut by UBS on Trump threat, others wait and see
The Swiss bank on Sunday said it expected China’s gross domestic product to expand by “around 4 per cent” next year, down from an estimate of 4.5 per cent it made in October. And growth for the ...
China’s top market regulator strikes positive tone as investors brace for turbulence
CSRC boss Wu Qing urges securities firms and asset managers to enhance their capabilities and strengthen risk controls.
Hong Kong, China stocks slide as Beijing policy move disappoints amid tariff worries
Sentiment suffers with prospect of tariffs, slower global growth, rising inflation and potentially fewer Fed rate cuts, say Nomura analysts.
Chinese Economy Still Faces Deflation Risk: Capital Economics
The Chinese economy still faces the risk of slipping into a deflationary trap, Capital Economics' economist Gabriel Ng said. Data ...