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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.
Illustration: SCMP
China trade

As US urges foreign investment, Chinese firms see Trump policy and balk

Mixed messaging from American leader adds to complicated terrain for companies, especially at state level where suspicion can run high.

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US-China trade war: All stories

The US-China rivalry is reshaping global supply chains – who benefits most?

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China property

China ‘stepping in’ as property concerns mount, but no ‘treading the old path’

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China's economic recovery

China’s economy weathers US tariff storm in May as consumption picks up

The trade war continued to weigh on China’s manufacturing and exports in May, but retail sales gained momentum.

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Containers are stacked in a port near Shanghai in eastern China. The trade war continued to weigh on China’s exports in May, despite Beijing and Washington agreeing a deal to roll back tariffs. Photo: AFP
US-China relations

Open Questions | Trump and Xi to act tough but won’t allow free fall in US-China ties: Ryan Hass

Think tank expert and former diplomat discusses Donald Trump’s approach to China and why his ‘bromance’ with Xi Jinping might be one-sided.

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China exports

Cairo calling: why Chinese factories are moving to Egypt amid the trade war

A growing number of Chinese manufacturers are shifting production to Egypt as they seek relief from US tariffs on China and Southeast Asia.

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China trade

Why Chinese firms building foreign factories are no longer focused on US market

Countries like Brazil, Serbia, Hungary and Saudi Arabia have become top choices for Chinese companies looking to explore other markets.

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A worker produces photovoltaic modules for solar panels at a factory in Suqian, Jiangsu province, in January. Photo: AFP
China trade

Canada to mine more amid geopolitical tensions: former minister Bill Morneau

Former finance minister says Canada has a stake in the US-China discussions, particularly when it comes to export controls over rare earths.

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US-China relations

Exclusive | Is this the end of summer US study trips for Chinese children?

Many parents are rethinking plans for their children as new visa rules and bilateral hostilities take their toll.

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Banking & finance

Macroscope | How the obsession with risky assets is putting global finance in peril

From the speculative frenzy over digital assets to the assault on bond markets, the next financial crisis will be self-inflicted.

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An activist in Sterling, Virginia, calls out an attendee at an exclusive dinner at the Trump National Golf Course, on May 22. Photo: AP
US-China relations

Boeing delivers first plane to China in Trump tariff war reprieve

A Juneyao Air 787-9 Dreamliner has departed for Shanghai, reopening a pipeline of 50 aircraft designated for China this year.

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A worker walks past a Boeing logo before the opening of the 55th International Paris Airshow on Friday. Photo: Reuters
E-commerce

Temu resumes direct sales to US after Washington-Beijing trade truce

Some items that had been removed from Temu’s US marketplace last month have been made available for sale in recent days.

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China economy

China adapts to tariffs, Lujiazui forum and more

This week: US-China trade framework leaves tariffs in place, Geely to stop building new EV plants and Macau satellite casinos to close. Next week: May economic data releases; TikTok ban deadline nears, Chinese regulators to release new financial policy and more.

US-China relations

Opinion | Why shutting out Chinese manufacturers is a missed opportunity

It’s a matter of time before Chinese products find their way into the markets anyway – trade barriers achieve very little without industrial policy.

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President of the European Union Chamber of Commerce in China (EUCCC) Jens Eskelund at a press conference in Beijing, China, on May 8. Photo: EPA-EFE
China economy

Explainer | As Chinese exporters explore home market, how are letters of credit helping?

Domestic L/Cs help companies ensure payment security and enhance credit, providing an answer to concerns about delays and defaults.

A man pushes a trolley loaded with boxes of food along a shopping street in Beijing on June 5. Photo: AFP
Commodities

Crypto can’t chip away at gold’s safe-haven shield: gold researcher

Spot gold price surged to US$3,444 after Israel’s strikes on Iran.

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Apple

Apple is shipping nearly all of its India-made iPhones to the US

From March to May, Foxconn exported iPhones worth US$3.2 billion from India, with an average of 97 per cent shipped to the US.

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China-EU relations

‘Elephants trampling on global trade’: EU sidelined by US-China showdown

Ahead of its own crunch talks, Europe looks for clues in Washington-Beijing engagement that could reshape its global trade ties.

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Chinese Vice-Premier He Lifeng and US Treasury Secretary Scott Bessent in Geneva to discuss trade relations and tariffs on May 10. In Brussels, the exchanges have served as a reminder of the extent to which Europe’s fortunes have become hostage to the whims of Beijing and Washington. Photo: AFP
Business of climate change

Chinese solar firms bank on overseas expansion to survive amid US tariffs

Some of the world’s top solar firms are considering localising production in the US amid a worsening price war and geopolitical tensions.

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US-China relations

Opinion | Trump’s fundamental mistake is in seeing China as America’s problem

The US president fails to grasp that a rising China is a new question to answer, not an old mistake to correct.

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US-China relations

Exclusive | Xi-Trump call suggests ties are warming – timing of a meeting is another thing

Analysts say Apec summit in South Korea in November, or a separate meeting in China around then, may be the opportunity for leaders to meet.

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Since his re-election, US President Donald Trump has repeatedly expressed interest in speaking with or meeting Xi Jinping. While they spoke by phone on Thursday, there has been no announcement from either side about when they will meet in person. Photo composition: AFP
Huawei

Chinese tech champions boost Europe ties amid US tensions

At VivaTech, the Chinese ambassador to France says Beijing is ready to collaborate with Paris to enhance scientific and technological exchanges.

A Huawei sign seen at the VivaTech fair in Paris. Photo: AFP
China-Africa relations

China to remove tariffs on nearly all goods from Africa as both criticise US

Plan expands on policy announced last year granting 33 least-developed African countries zero-tariff treatment.

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China-EU relations

Not just robots: China’s high-end 3D printers shine at Europe’s top tech fair

Chinese firms optimistic about rising EU demand, as trade war narrows access to US market.

Open Questions series

Open Questions | Trump and Xi won’t allow ‘free-fall’ in relations, Hass says

Think tank director and former diplomat sees Donald Trump and Xi Jinping as both being key to any change in the political trajectory in China-US ties.

Illustration: Lau Ka-kuen
Hong Kong economy

Hong Kong re-exporters urged to remain cautious despite US-China trade talks

Economists suggest deal may benefit city, but warn of lingering volatility amid US President Donald Trump’s history of ‘creating crises’.

Chinese Vice-Premier He Lifeng shakes hands with US Treasury Secretary Scott Bessent during a two-day meeting in London. Photo: Xinhua
China's economic recovery

Chinese premier says officials must adapt to ‘complex and severe’ situation

Premier Li Qiang says China’s path to modernisation remains ‘heavy and difficult’ amid mounting external challenges.

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US-China relations

After heated London talks, where do China-US trade relations stand?

Washington and Beijing have said the negotiations have led to consensus, though Chinese officials have shared fewer details.

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