NewsBite

Jessica Sier

Yesterday

A Chinese investor looks at the boards in Shanghai.

China’s $2trn market rescue is just the start as trade war intensifies

State-linked funds stepped in to rescue Chinese stocks this week as the battle with the US intensified. But it’s an expensive exercise.

Neither Xi Jinping nor Donald Trump is giving any indication they are likely to back down. For both leaders, national pride is on the line.

Could China win a ‘fight to the end’ against Trump?

There is a real chance the two largest economies in the world decouple. If that happens, both will be competing to be the engine room, and the cornerstone, of global trade.

This Month

The question now is whether China’s economy can withstand an almost complete breakdown in trade with the US.

Battle-hardened China can survive Trump’s trade war: ex-envoy

Geoff Raby says the country’s transition from a low-cost producer of clothes and household goods to a centre of advanced manufacturing had made it more resilient.

China has hit back at Trump’s tariffs quickly.

Defiant China escalates trade war, raises tariffs on US goods to 84pc

Beijing slapped another 50 per cent tariff on all American imports in direct response to Donald Trump ramping up levies on Chinese goods.

‘US hard to sell to now’: China’s exporters train sights on Australia

US tariffs of 104 per cent will force Chinese exporters to diversify. A flood of cheap goods could be good for consumers, but a weakened China is not good for Australia.

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US President Donald Trump and China’s President Xi Jinping.

China vows to ‘fight to the end’ after Trump’s new tariff threat

China slammed the US for threatening to raise tariffs and pledged to retaliate if Washington follows through.

A Japanese LNG tanker at a JERA thermal power station in greater Tokyo.

Japan warns on Dutton’s gas reservation policy

A Tokyo think tank says limiting sales into the regional spot market could “handicap” Australian producers and trim Japanese trading in South-East Asia.

China has hit back at Trump’s tariffs quickly.

‘The sky won’t fall’: Beijing appeals for calm over tariff storm

Beijing said it has a range of tools to defend its economy from Trump’s trade war, but also acknowledged growth could take a hit, as China stocks plunged.

‘Skip the Tesla’: China memes explode over Trump’s trade war

China’s netizens have flocked to the internet to mock Donald Trump over his tariff campaign, and many are calling on consumers to “buy China”.

Investing in the future: Mitsui Fudosan last year paid $1.3 billion for a two-thirds stake in Mirvac’s planned 55 Pitt Street tower.

Real estate now takes 1 in 5 Japanese deals – and it’s growing

At a time of global uncertainty, Australian real estate is finding its perfect match in Japanese investors seeking stable revenue and capital growth.

China has hit back at Trump’s tariffs quickly.

‘All-round blockade’: Trump tariffs hit China’s offshore factories

Chinese companies that shifted operations to South-East Asia to save costs while getting around Trump tariffs during his first mandate are back in the firing line.

China has hit back at Trump’s tariffs quickly.

China hits back at Trump with 34pc tariffs, targeting goods crucial to US

The latest trade war exchange adds the rapid deterioration in the relationship between the world’s two biggest economies.

A Honda Civic on display outside the company’s headquarters in Tokyo.

Japan paralysed by Trump’s double tariff hit

Japan’s economy is heavily reliant on its car makers, who are expected to suffer a crippling blow from Donald Trump’s sweeping tariffs.

China has vowed to retaliate in the latest trade escalation.

Beijing vows retaliation as Trump targets China again

The latest impost, stacked on top of an earlier 20 per cent tariff, threatens to further ratchet up tensions between the world’s two largest economies.

Donald Trump is expected to target China on Liberation Day, but Xi Jinping is likely ready.

China has long been steeling itself for Liberation Day

As Washington readies new trade barriers, Beijing has been accelerating its plans to reduce reliance on exports to the United States for economic growth.

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“Some Australian politicians just don’t get it,” says state-run Chinese media.

China embassy rejects ‘spy ship’ claims

The embassy has rejected claims that a Chinese vessel cruising along Australia’s southern coast is a “spy ship”, describing media reports as “smearing”.

March

Helen Zhi Dent - Partner, China Business Practice, KPMG Australia says Chinese investment has shifted to greenfields.

Australia misses out as China redirects global investment

Chinese firms are ramping up global investments as geopolitical tensions rise, but Australia is largely getting the cold shoulder.

US President Donald Trump displays a signed automotive tariff executive order in the Oval Office.

Trump tariffs deliver body blow to Japan’s auto industry

After embracing the return of a once staunch ally, Japan’s car makers now find themselves on the front line of the trade war despite huge investments in the US.

BYD is extending its lead over Tesla.

BYD overtakes Tesla to secure pole position in EV race

The Chinese electric carmaker’s latest full-year financial results reveal the extent of this power shift, with it surpassing the $US100 billion revenue mark.

FILE - Elon Musk arrives before the 60th Presidential Inauguration in the Rotunda of the U.S. Capitol in Washington, Monday, Jan. 20, 2025. (Kevin Lamarque/Pool Photo via AP, File)

‘Greatest brand destruction of our times’: Musk’s Tesla China crisis

Tesla is losing the innovation race to BYD as production and sales fall in China, the world’s biggest car market.

Original URL: https://www.afr.com/by/jessica-sier-j7ge4