News

The Economist13h
China is waking up from its property nightmare
On May 27th the property sold for a stonking 270m yuan ($38m), creating a sensation in the Chinese press. At 500,000 yuan per ...
China says US is ‘provoking frictions’ as tensions flare despite trade truce
China has accused the United States of “provoking new economic and trade frictions” as it responded to US President Donald Trump’s claims that Beijing had violated a trade truce agreed by the two ...
Politico China reporter explains why China feels confident in its trade war with the U.S.
National Economic Council Director Kevin Hassett teased this morning a conversation on tariffs between President Trump and ...
U.S. Dependence on China for Rare Earth Magnets Is Causing Shortages
The United States allowed its rare earth metals industry to move to China and could now face severe economic disruption as ...
Bessent: Laws of Economics and Gravity Apply to the Chinese Economy and System Just Like Everyone Else
Treasury Secretary Scott Bessent responded to JP Morgan CEO Jamie Dimon's assessment thaf the Chinese "are not scared" in ...
JPMorgan CEO Says US Economy Threatened by 'Enemy Within'
The CEO of JPMorgan Chase Jamie Dimon has characterized the real threats to the long-term health of the U.S. economy as ...
In Asia, Hegseth warns against China, but few want to pick sides
Defense Secretary Pete Hegseth said he came to Asia’s preeminent security forum to talk “tanks, not tariffs.” But for other ...
China’s economy slows in April as trade war blues hit retail sales, housing and investment
Key economic indicators show China's economy slowing somewhat in April, with retail sales, property and investment coming in ...
China’s Dragon Boat Festival coincides with second holiday, fuelling boom in family tourism
An unusual convergence of the Dragon Boat Festival and Children’s Day in China over the weekend led to a surge in domestic ...