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Trade War
The Trump administration has been stepping up pressure on China for a more balanced trading relationship, sparking a trade war including protective tariffs by Washington and retaliatory moves from Beijing.
Trump Slaps New Tariffs on $200 Billion of Chinese Goods
With long-threatened new round of tariffs, almost half of China’s annual exports to U.S. will be subject to trade penalties
CX Daily: Spain Emerges as Chinese EV-Makers’ Gateway to Europe
From legacy names such as SAIC Motor to EV giant BYD, Chinese carmakers are setting up in Spain as they navigate a more protectionist EU
Chinese Business Group Urges EU to Ease New Foreign Investment Restrictions
The China Chamber of Commerce to the EU warned that the bloc’s proposed Industrial Accelerator Act would violate WTO principles and called for more flexible local content requirements
Analysis: Spain Emerges as Chinese EV-Makers’ Gateway to Europe
From legacy names such as SAIC Motor to electric vehicle giant BYD, carmakers are localizing production in the western European nation as they navigate a more protectionist environment
China Unveils Three-Year Plan to Drive Heavy Industry Decarbonization
A sweeping action plan targets outdated capacity in nine high-emission sectors, utilizing electricity surcharges and government subsidies to accelerate the industrial green transition
Analysis: Toyota Shifts Gears to Fend Off China’s EV Upstarts
The Japanese auto giant has lost ground to Chinese carmakers as electrification challenges its core conventional and hybrid vehicle lineups
CX Daily: Chinese Carmakers Push Deeper Into Europe Despite Rising EU Trade Barriers
EV-makers are gaining market share despite tariffs, while localization and carbon rules accelerate the shift to manufacturing inside Europe
In Depth: Chinese Carmakers Push Deeper Into Europe Despite Rising EU Trade Barriers
EV-makers, from giants such as BYD to upstarts including Leapmotor and XPeng, are gaining market share despite tariffs, while new localization and carbon rules accelerate the shift toward manufacturing inside Europe
Commentary: How China and the EU Can Avert a Costly Trade War
With the U.S. trade truce holding, Beijing and Brussels are carefully managing their own economic disputes. Through localized manufacturing and open dialogue, both sides have strong incentives to find a common denominator
CX Daily: Big Questions Loom as China’s Memory Chipmakers Prepare Blockbuster IPOs
An AI-driven shortage has turned CXMT and YMTC into profit machines, but investors disagree about how to value them
Business Brief (June 4): China Responds to New U.S. Section 301 Tariffs
Tencent’s market capitalization surges to HK$4 trillion on WeChat AI expectations, BYD ventures into humanoid robots with plans for home use
CX Daily: China’s Housing Market Flashes Signs of Life in Core Cities
Real estate transactions and prices in megacities like Shenzhen and Shanghai are rebounding, though a nationwide recovery remains elusive
Xreal Founder Bets AI Will Push Smart Glasses Beyond Hype
Xu Chi, founder of the Chinese augmented reality startup is leaning on a Google partnership to help commercialize smart glasses, though the sector faces hurdles including limited battery life and a lack of apps
Business Brief (June 3): U.S. Cuts Tariffs on Farm Equipment
Tencent Cloud slashes AI prices, Ministry of Finance allocates childcare subsidies
SAIC Motor to Build $232 Million Auto Plant in Spain
The Galicia facility will produce 120,000 vehicles annually as Chinese automakers rush to localize production in Europe
Economists Urge Export Tax Rebate Cuts as Trade Surplus Hits Record
Researchers and policy advisers say scaling back some export tax rebates could ease trade tensions and free fiscal resources to boost household consumption and rural incomes
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