China Financial News

27.03 / 15:53
Twitter Reuters Platform ByteDance TikTok reports Why does China’s TikTok matter so much to Donald Trump?
Trump is doing all he can to save TikTok, the hugely popular video-sharing app owned by Chinese Internet company ByteDance. It's unusual because not long ago Trump had wanted to ban it. In a desperate bid to make TikTok American, he said on Wednesday he would be willing to reduce tariffs on China if it allows ByteDance to sell the app to an American buyer. However, AFP has reported that China has rebuffed Trump's offer, with its foreign ministry saying that it has «repeatedly stated our position» on TikTok. «The Chinese side's stance against imposing additional tariffs is also consistent and clear,» foreign ministry spokesman Guo Jiakun said. A US law during the Biden administration ordered TikTok to divest from its Chinese owner ByteDance or be banned in the US, enacted over concerns that Beijing could exploit the video-sharing platform to spy on Americans or covertly influence US public opinion. The law took effect on January 19, a day before Trump's inauguration. TikTok temporarily shut down in the US and disappeared from app stores as the deadline for the law approached, to the dismay of millions of users. Trump suspended its implementation for two-and-a-half months after beginning his second term on January 20, seeking a solution with Beijing. TikTok subsequently restored service in the US and returned to the Apple and Google app stores in February. Trump's reprieve to TikTok is set to expire on April 5. Why did Trump change his stance on TikTok from wanting to ban it to going all-out to save it? Why Trump wants to save TikTok
27.03 / 14:55
UPS Manufacturing Research Stealth wellness President electronic Lockheed’s F-35 faces a bigger threat than China—It’s Donald Trump’s foreign policy
“I am concerned that pure politics could damage our prospects in future competitions,” admitted an executive at a leading US contractor. The fear? That Trump’s erratic foreign policy could leave allies exposed—or worse, that the US could remotely disable their aircraft if political relations soured.
27.03 / 14:21
markets UPS Actor Celebrity show country beautiful Celebrity brands: How Katrina Kaif bested Anushka Sharma and Deepika Padukone at the checkout counter
Subscribe to enjoy similar stories. Bengaluru: In 2017, amid much fanfare, Anushka Sharma launched ‘Nush’, a clothing line for young women touted as a mix of comfort and style. At the event unveiling the line, the Bollywood actress claimed she had put in long hours to get things just right—so much so that her mother had to remind her to eat.
27.03 / 10:57
markets Reuters NVIDIA Micron trends President reports SK Hynix says some customers brought forward orders ahead of US tariffs
SK Hynix, the world's second-largest memory chipmaker, said on Thursday that some customers have brought forward orders in preparation for new U.S. tariffs on semiconductors. Speaking at the company's annual shareholder meeting, SK Hynix's Head of Global Sales and Marketing, Lee Sang-rak, said the «pull-in» effects, along with the reduction in customers' inventory, led to favourable market conditions recently. But he added it remains to be seen whether the trend will continue.
27.03 / 10:37
Reuters ByteDance NVIDIA Trade information reports International China's H3C warns of Nvidia AI chip shortage amid surging demand
H3C, has flagged potential shortages of Nvidia's H20 chip, the most advanced AI processor legally available domestically under U.S. export controls, in a client notice seen by Reuters. The potential supply crunch could create obstacles for China's artificial intelligence ambitions at a time when its tech firms are aggressively expanding their investments in AI. «H20's international supply chain faces significant uncertainties,» the company said in Tuesday's notice, adding that current inventory was nearly depleted.
27.03 / 10:37
markets UPS Manufacturing Tesla country reports International Is Tesla-killer BYD chasing Elon Musk to India?
Tesla struggles with falling sales and share price and global protests against his brand for his support to US President Donald Trump, its CEO Elon Musk looks at India with hope. Long seen as a potential disruptor for India's EV, Tesla is finally entering India, opening a showroom in Mumbai to sell its imported cars and has plans to set up a manufacturing plant in Maharashtra. However, Tesla has lost years dilly-dallying on its India entry and meanwhile Indian EV makers have grown enough to make things difficult for it. Many think the company may not after all be able to disrupt the Indian market in any significant way nor reap any huge dividends. Tesla may face another big challenge in India. Its global rival BYD (Build Your Dreams), which sells cars imported from China in India, could be planning to manufacture in the country. According to unconfirmed media reports, the Chinese EV giant is planning to set up a factory in Telangana. BYD, together with Indian EV makers such as Mahindra and Tata; the JV between India's JSW and China's MG Motor; and Korean and Japanese automakers CAN make it difficult for Tesla to benefit from the Indian market in any substantial way.
27.03 / 10:03
markets UPS Maxim Strategy Porsche Trade Xiaomi Imitation game: Can Big Auto emulate Xiaomi’s EV strategy?
Subscribe to enjoy similar stories. Good artists copy. Great artists steal.
27.03 / 08:51
Racing Strategy wellness Lawson show reports Sporting Max Verstappen 'frustrated' as Red Bull decides to sack Liam Lawson after two F1 races
Liam Lawson's first Formula One season with Red Bull is coming to an end on a disappointing note after just two races. New Zealand’s Lawson is facing the axe after a disappointing show in the 2025 season opening Australian Formula One at Melbourne and the Chinese GP in Shanghai. The decision by Red Bull management to replace Lawson with Japanese driver Yuki Tsunoda has not gone down well in New Zealand as well as the current F1 world champion Max Verstappen. The latter is also the Red Bull flagbearer and Lawson's teammate on the F1 Grand Prix circuit. Verstappen is reported to be frustrated by Red Bull deciding to sack Lawson after only two races. He stated that Racing Bulls, the feeder of Red Bull where Lawson used to race before his elevation, cars are easier to drive. “That Racing Bulls car is easier to drive than ours. I notice that when I talk to Liam. Last year the difference between him and Yuki wasn't that big, I thought. Otherwise the team wouldn't have made the choice to put Liam in at Red Bull,” said the F1 world champion. New Zealand Minister for Sport Mark Mitchell jumped into the controversy backing Lawson. “I'm disappointed if he isn't racing in the Red Bull, but I'm really excited that if he's at least back in the Racing Bull, that he can go and show everyone what he's capable of," he told New Zealand media.
27.03 / 08:27
UPS security Trade country testing rights China President Xi tests US allies in Indo-Pacific as Trump is busy elsewhere
Xi Jinping is making China’s presence more felt across the Indo-Pacific region by testing US allies on sensitive issues, as Donald Trump’s attention is taken up elsewhere. From sending warships off Australia’s coast for unprecedented shooting drills to flying a record number of “grey zone” balloons around Taiwan, and putting pressure on Thailand over human rights issues, Beijing is ramping up efforts to project power in the region. China also issued a strongly worded warning on Taiwan to Tokyo — which doesn’t officially recognize Taipei — against “colluding” with separatists. Trump’s sudden embrace of Russia, skepticism of NATO allies and tariffs that punish friendly nations have fueled concerns about the US as a reliable security partner in Asia, where Washington has for decades provided a buffer to Beijing.
27.03 / 02:53
economy Trade President Universities reports Bangladesh's Yunus plans to sign slew of MoUs during China trip to boost sagging economy
Muhammad Yunus is due in China on Wednesday at the start of a four-day visit during which he is expected to seek financial support and sign MoUs to boost his country’s sagging economy amid dwindling support from the US under President Donald Trump. India will keep a close watch if Yunus agrees to any Chinese military presence particularly in any airfield closer to the border area. Additional Chinese support for Bangladesh armed forces and any enhanced Chinese military presence in the Bay of Bengal will also be closely monitored, according to Bangladesh watchers. Yunus will attend the Boao Forum for Asia (BFA) Annual Conference 2025 in Boao, Hainan province, and hold bilateral talks with Chinese President Xi Jinping on March 28. Boosting economic relations with China will be a central focus of this visit, sources in Dhaka said. Yunus will later speak at Peking University, where he will reportedly be presented with an honorary doctorate. China, while engaged with Dhaka under the Hasina government and earlier with the BNP regime, is keen to keep Yunus in good humour for its economic and strategic interests in the Bay of Bengal region. As per a report in Bangladesh’s leading English newspaper The Daily Star, China and Bangladesh are planning to sign at least eight MoUs on trade, culture, upgrading Mongla Port and water management. The Sheikh Hasina government had given India access to the Mongla Port.
27.03 / 00:19
markets Booking WhatsApp Research Trade After 7-day climb, indices take a step back
Indian benchmark indices fell almost 1% on Wednesday, snapping their seven-day winning streak, as traders found the pace of the recent run-up in the market excessive. NSE's Nifty fell 181.8 points, or 0.77%, to close at 23,486. BSE's Sensex declined 728.6 points, or 0.93%, to end at 77,288.
26.03 / 18:37
markets Citizens Death community Actor country reports China and India sources for fentanyl inputs: US report
China as «sources of precursors and equipment for drug traffickers» and the primary source country for illicit fentanyl precursor chemicals and pill pressing equipment." The '2025 Annual Threat Assessment (ATA)', released on Tuesday, is the Intelligence Community's (IC) official, coordinated evaluation of an array of threats to US citizens, the homeland, and US interests in the world. Fentanyl and other synthetic opioids remain the most lethal drugs trafficked into the United States, causing more than 52,000 US deaths in a 12-month period ending in October 2024, it said. Fentanyl is a potent opioid drug that is blamed for widespread drug addiction in the US. The Trump administration has initiated a crackdown on illegal import of fentanyl and also linked it with tariffs adjustments in case of some countries. The report said some transnational criminal organisations (TCOs) are producing and trafficking large amounts of illicit drugs, imperiling American lives and livelihoods.
26.03 / 17:59
wellness DISH PAM Inside medicines Potong: The Bangkok dining experience that feels like a story well told
chef Pam Pichaya Soontornyanakij's modern Thai-Cantonese storytelling. Diners eat inside a stunning Sino-Portuguese building where chef Pam's family lived and made traditional Chinese medicines for over 100 years. The space retains its charm and character. Dark molasses floors, exposed brick and jungle murals create a captivating blend of old and new, while a wall of medicinal brown bottles and kombucha-filled glass jars hints at Potong's alchemical artistry. Pam's philosophy rests on 5    elements — salt, acid, spice, texture and the Maillard reaction — each woven into an 11- course tasting menu. The dishes — modern interpretation of Pad Thai, a crab dish with roe, and duck — are beautifully composed, with bold yet familiar flavours, and presentations that avoid unnecessary frills.
26.03 / 17:25
markets COST Trade President country reports Equality Tariff exemption to India will push Indo-US bilateral trade: Exporters
According to reports, US President Donald Trump has said that automobile tariffs will be coming soon even as he indicated that some countries may get an exemption from reciprocal tariffs to be imposed on April 2. Federation of Indian Export Organisations (FIEO) said that India certainly deserves an exemption or waiver from reciprocal tariffs as it is constructively engaged with America at different levels and also for a Bilateral Trade Agreement. «The Mission 500 to take bilateral trade from the current level of about USD 200 billion to USD 500 billion requires a greater push for seamless trade, which the exemption will further facilitate,» FIEO Director General Ajay Sahai said. Another exporter said that the exemption to India would remove tariff uncertainties and will help further increase exports to the US.
26.03 / 17:25
markets UPS Volkswagen Tesla War performer reports Leading the EV pack, it's the big BYD wolf
BYD has led a brutal price war that has pushed it to become the largest seller in the world's biggest car market. This Monday, it reported $107 bn in revenue for 2024, crossing the $100 bn barrier for the first time. Displacing Volkswagen as China's top carmaker by sales, the company is aggressively expanding into overseas markets.
26.03 / 12:03
markets UPS Target Booking economy MSCI China stocks getting back into investors’ good books
Subscribe to enjoy similar stories. Chinese equities have been out of favor among many investors for the past few years. However, the tide appears to be turning, driven by strong corporate profits, enthusiasm over artificial intelligence and an apparent easing of regulatory pressure from Beijing.
26.03 / 12:03
Target Strategy President War testing Arsenal The U.S. missile launcher that is enraging China
Subscribe to enjoy similar stories. A new U.S. missile system deployed in the Philippines puts key Chinese military and commercial hubs within striking distance and hands President Trump an early test of his commitment to deterring Chinese aggression against American allies in Asia.
26.03 / 11:13
markets Manufacturing Google Action Trade country Pharmaceuticals Mint Explainer: Have India-US trade talks blunted Trump’s threat of reciprocal tariffs?
Subscribe to enjoy similar stories. Ahead of implementing reciprocal tariffs on major trading partners, US President Donald Trump announced another trade offensive: countries buying Venezuelan oil and gas would have to pay a 25% tariff on goods exported into the US. India is one of the buyers of Venezuelan oil but its purchases are tiny compared to those of the US and China.
26.03 / 10:39
Booking Manufacturing community Trade President show country India's exports are bound to grow despite global uncertainties: DGFT
Director General of Foreign Trade Santosh Kumar Sarangi said that exporters should tread the path pragmatically and wisely to navigate the current global trade contours. He also said that the current scenario presents a «golden» opportunity for India to do a variety of things which will propel exports and increase manufacturing competitiveness. Despite the «uncertainties relating to trade and tariff, our exports are bound to grow in future years,» he said at the Sourcex India 2025 show. It was organised by the Federation of Indian Export Organisations (FIEO). US President Donald Trump has imposed reciprocal tariffs or import duties on countries like China and has pledged to impose these levies on India also on April 2. Certain exporters have raised concerns that imposition of duties by the US on sectors like engineering and pharma will hurt shipments to America, which is the largest trading partner of India.
26.03 / 10:23
UPS Target security Trade President country Reliance pauses buying of Venezuelan oil after Trump 25% tariff
Reliance Industries Ltd. has paused further purchases of Venezuelan crude after US President Donald Trump authorized a 25% tariff on countries buying the South American country’s oil. India’s largest privately owned refiner is expected to take delivery of a cargo of Merey crude that’s currently en route from Venezuela, but additional buying has been put on hold, according to people familiar with the situation, who asked not to be identified because the matter is sensitive. Reliance secured waivers from the US last year to resume importing crude from Venezuela, and Kpler estimates the refiner has taken 6.5 million barrels since the start of the year. Trump’s executive order on Monday, however, will target any nation taking Venezuelan oil with “secondary” tariffs, with effect from April 2.
26.03 / 09:13
Manufacturing Browser Opera President Videos Updates China's artificial intelligence boom might help mitigate some tariff pain
BEIJING — For Chinese companies wary of U.S. tariffs, the big difference between President Donald Trump's first and second terms is the emergence of generative artificial intelligence.

latest developments in China

What is the current situation in China?

In China, the spotlight is on local government initiatives that spark public discussion.

Where can I find reliable news about China?

We publish in-depth coverage about the situation in China, based on information from trusted sources.

What shapes the media agenda in China?

The news landscape of China is shaped by the region’s internal dynamics, reflecting its unique context.