China

In the World 17th October 2025

Average spending per traveller during China’s Golden Week 0.55% lower than last year and 3% below pre-pandemic levels.

Intermoney | In the Asian giant, the first figures we saw for Golden Week in early October once again highlight the sluggishness of Chinese domestic demand. It is true that domestic tourist trips reached 888 million, up from 765 million in the same week in 2024, but this was because there was an extra public holiday this year. The key figure for assessing the strength of demand is the average…

In the World 16th September 2025

US and China conclude talks in Madrid, establishing framework agreement on ownership of TikTok

Link Securities | According to Bloomberg and Reuters, the US and China concluded talks in Madrid, establishing a framework agreement on the ownership of TikTok. US President Donald Trump said the meeting went well and that he will speak with Chinese President Xi Jinping on Friday. US Treasury Secretary Scott Bessent indicated that the agreement could preserve Chinese characteristics while addressing US national security concerns. The Chinese news agency Xinhua…

World economy 27th August 2025

US agricultural exports to China fall by over 50% year-on-year in first half of year

Norbolsa | The Chinese ambassador in Washington warned that US protectionism is weakening agricultural cooperation between the two countries and that farmers should not bear the cost of the trade war. In a speech at a soybean industry event, he noted that US agricultural exports to China fell by more than 50% in the first half of 2025, amid cross-tariffs imposed under the Trump administration. He stressed that agriculture, a…

In the World, World economy 13th August 2025

Trump signs executive order to extend trade truce with China for another 90 days

Link Securities | US President Donald Trump signed an executive order to extend the trade tariff truce with China for another 90 days, as confirmed by Trump himself and the Chinese Ministry of Commerce. With the latest round of negotiations set to expire early Tuesday morning, this pushes the deadline to mid-November, providing crucial relief for seasonal import increases ahead of Christmas. The US will maintain 30% tariffs on Chinese…

In the World, World economy 31st July 2025

US-China Trade talks conclude with no explicit decision

Link Securities | Trade negotiations between the US and China concluded on Tuesday, with negotiators suggesting that the meeting was productive but without making any major announcements. No explicit decision was taken, nor was a 90-day extension of the deadline for imposing tariffs agreed, which in China’s case is 12 August. In this regard, Treasury Secretary Scott Bessent said that it is an option but that President Trump will make…

World economy 1st July 2025

US and China reveal some details of trade agreement, which will implement Geneva consensus

Link Securities | The financial news website CNBC reported that the United States and China confirmed on Friday the details of the trade agreement reached by both parties earlier this month in London, which will implement the Geneva consensus, according to a statement issued by the Chinese Ministry of Commerce. China will review and approve export applications for products subject to export control regulations, while the United States will cancel…

In the World 13th June 2025

Pending ratification by China, US to levy 55% tariff on Chinese imports and China 10% on American imports

Bankinter: Principle of a trade agreement between the US and China. Trump announced yesterday an agreement whereby China will supply the US with minerals and rare earths in exchange for allowing its students access to American universities. The US will levy a 55% tariff on imports from China (current 25% + 10% base rate + 20% for fentanyl trade) and China will apply a 10% tariff on US imports. The…

In the World 11th June 2025

China wants to establish “green channel” for “rare earth” export licence applications for EU companies

Link Securities | As reported by financial portal CNMB, China’s Ministry of Commerce on Saturday declared its readiness to establish a so-called “green channel” for eligible “rare earth” export licence applications to speed up the approval process for European Union (EU) companies. A Commerce Ministry spokesperson said Wang expressed hope that the EU would take reciprocal measures to promote trade in compliant high-tech products with China. The development follows trade…

In the World 9th June 2025

China’s exports to US fall 34.4%, lowest level since February 2020

Bankinter: China’s Trade Balance widened its surplus in May, to $103.22 billion versus an estimated $101.1 billion and $96.18 billion previously. Bankinter analysis team’s view: The CPI has contracted for the fourth consecutive month and reflects the weakening of consumption. In the industrial sector the situation is even more complicated. Industrial Prices have remained negative since October 2022. On the other hand, the Trade Balance shows an increase of the…

World economy 14th May 2025

US and China suspend most tariffs on each other’s products for 90 days

Link Securities | According to the Wall Street Journal, the United States and China announced that they had agreed to suspend most tariffs on each other’s products for a period of 90 days while trade negotiations continue. The United States announced that it would reduce its ‘reciprocal’ tariff on Chinese products from 145% to 30%. China announced that it would reduce its tariff on US products from 125% to 10%….

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