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Economy, Trade & Business
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China trade
US Federal Reserve
China manufacturing
Billionaire behind ‘American Factory’ firm warns of US exit amid trade friction
Fuyao Glass, a major supplier to Ford, GM and BMW in the US, employs thousands across the states of Ohio, Illinois and South Carolina.
25 Apr 2026 - 9:00PM
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US, Israel war on Iran
Trump orders US forces to ‘shoot and kill’ boats laying mines in Strait of Hormuz
24 Apr 2026 - 5:08PM
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US-China trade war
US lawmakers slam China’s ‘parasitic’ theft of military and tech secrets
23 Apr 2026 - 11:03PM
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Banking & finance
America First Fed? Trump pick Warsh signals ‘monetary sovereignty’: analysts
Potential successor to Jerome Powell may pursue policies that pressure US dollar-driven assets and curb global liquidity, analysts say.
22 Apr 2026 - 4:30PM
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Kevin Warsh, nominee for US Federal Reserve chair, testifies on Tuesday during a Senate Banking Committee hearing in Washington. Photo: TNS
US-China relations
Trump’s military push confronts US lawmakers and China’s shipbuilding edge
Congressional resistance, war costs and industrial limits could constrain ambitions, even as Beijing expands its naval capacity.
22 Apr 2026 - 12:55AM
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China trade
Learn from the East, says economist Justin Lin, refuting ‘overcapacity’ rhetoric
Former World Bank economist defends Beijing’s industrial strategy amid ‘overcapacity’ allegations, points to Germany and a ‘double standard’.
21 Apr 2026 - 9:00PM
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China energy security
China confronts Middle East supply shock, as State Council mulls energy strategy
Premier Li Qiang urges ‘bottom-line mentality’ to secure power as Beijing sees coal and Russian gas among options to offset reliance on imported crude.
21 Apr 2026 - 7:00PM
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Premier Li Qiang presides over a State Council group study session on energy development on Monday. Photo Xinhua
China airliners
Exclusive
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Maker of China’s C919 jet weighs supply chain weaknesses amid delivery delays
The firm still relies on overseas suppliers for some critical parts, while labour shortages also pose problems, a company source says.
21 Apr 2026 - 9:30AM
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US-China trade war
US firms dash to recover tariffs paid on Chinese imports as refund system starts
Companies scramble on Monday to recover illegally collected tariffs from US government as thousands rush to file claims.
21 Apr 2026 - 9:24AM
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China trade
China presses IMF for quota reform, better surveillance of advanced economies
PBOC head urges IMF to ‘stand against protectionism’ amid effects from tariffs, Iran war.
20 Apr 2026 - 5:05PM
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US-China trade war
Why the biggest threat to US dollar dominance may well be Washington itself
Economic sanctions, access to US-led banking systems are powerful tools, but overuse reduces their effectiveness over time, Congress told.
17 Apr 2026 - 4:57PM
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China has been patiently chipping away at the US dollar’s global dominance, and Washington may even be doing it a favour. Photo: dpa
US-China trade war
‘Buy what they can, steal what they can’t’: US lawmakers slam China’s AI tactics
US lawmakers, experts accused Beijing of buying ‘what they can’ and stealing ‘what they cannot’ from America to advance their AI technology.
17 Apr 2026 - 7:20AM
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2026 Trump-Xi summit
‘Won’t back down’: Greer seeks more funding for Trump’s trade wars
US trade chief says more resources needed to expand trade probes and counter China, warning farmers remain exposed ahead of Beijing summit.
17 Apr 2026 - 6:16AM
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Foreign exchange market
China trims US Treasury holdings as global ownership hits record
Beijing slightly pares its sovereign US debt position as private investors and certain financial hubs drive demand up.
16 Apr 2026 - 3:00PM
US, Israel war on Iran
US cites optimism over a deal even as Iran threatens to close Red Sea shipping
US Treasury to end Iran oil waivers, warning China – top buyer – that banks risk secondary sanctions as American pressure intensifies.
16 Apr 2026 - 4:43AM
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Traffic through the Strait of Hormuz faces renewed uncertainty as US restrictions and Iranian warnings unsettle key shipping lanes. Photo: Getty Images
US-China relations
‘No alternative’: Yellen defends dollar dominance, calls to preserve China trade
Former US Treasury secretary, in Hong Kong, discusses China’s ‘serious conflicts’ with other economies in trade, while warning of decoupling risks.
15 Apr 2026 - 11:17PM
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China energy security
US officials claim China is ‘hoarding’ oil. What does the data say?
While US Treasury Secretary Scott Bessent said China is stockpiling crude amid the Iran war, the numbers suggest Beijing is facing a supply crunch.
16 Apr 2026 - 12:10AM
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US, Israel war on Iran
Hormuz blockade: shipping body slams transit fees as 20,000 seafarers stranded
A ‘retrograde’ toll proposal by Tehran risks similar charges in other vital waterways, warns global association for merchant shipowners and operators.
15 Apr 2026 - 11:00AM
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A person points at a website tracking marine traffic and showing commercial vessels on the edge of the Strait of Hormuz near the Iranian coast last month. Photo: TNS
2026 Trump-Xi summit
Exclusive
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Trump-Xi summit shaped by uncertainty, not strategy: experts
War distractions and limited goals risk turning Beijing talks into optics over substance, as expectations shrink and planning falters.
15 Apr 2026 - 9:06AM
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China-EU relations
Brussels must resist ‘passive’ role in US-China trade war, EU chamber urges
European companies keep becoming ‘collateral damage’ in others’ disputes, laments president of the European Union Chamber of Commerce in China.
14 Apr 2026 - 9:30AM
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US, Israel war on Iran
US begins blockade of Iranian ports amid fragile ceasefire
Trump says Beijing ‘would like to see this ended’ as the US moves to stop vessels transiting to and from Iranian ports.
14 Apr 2026 - 1:30PM
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Artificial intelligence
‘Doctor Doom’ Roubini turns ‘Doctor Boom’, predicting huge economic growth in US
Nouriel Roubini predicted the 2008 financial crisis – now he says an explosion of hi-tech will be unlike anything mankind has ever seen, trivialising near-term headwinds.
13 Apr 2026 - 6:06PM
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Economist Nouriel Roubini said artificial intelligence and other hi-tech advancements could propel America’s annual economic growth into the double digits. Photo: Getty Images via AFP
US-China trade war
Trump’s tariff powers tested again as court questions ‘deficit’ justification
Court weighs Section 122 tariffs as plaintiffs warn of shifting tactics and judges probe limits of ‘balance of payments’ claims.
16 Apr 2026 - 3:46AM
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2026 Trump-Xi summit
High fertiliser prices mean more soybeans for farmers – and greater reliance on China
Analysts question the cost of China deploying ‘fertiliser diplomacy’ and boosting soybean purchases ahead of the Trump-Xi summit.
11 Apr 2026 - 4:55AM
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Artificial intelligence
China banks buffer against AI contagions as US sweats over Anthropic’s Mythos
With Beijing prioritising financial stability, analysts say state lenders take a measured approach to generative models amid growing global cybersecurity risks.
10 Apr 2026 - 11:00PM
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