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China

Yesterday

Half of its sales still come from the iPhone, an 18-year-old product that is incrementally improved nearly every year.

Apple to source all US iPhones from India as China trade war bites

The tech giant is planning to shift its assembly from China as soon as next year in response to Donald Trump’s tariff increases.

Xi Jinping’s patience could be paying off as US backtracks on trade tariffs.

China says US must revoke all tariffs, denies talks

Beijing says the US must lift all tariffs against China if it “truly” wants to resolve the trade war after the US president flagged rolling back levies.

International Monetary Fund managing director Kristalina Georgieva

‘Let’s have clarity’: Finance chiefs rue Trump’s tariff whiplash

Finance chiefs in Washington say they are still trying to figure out what Trump wants, as the global economy heads for a slowdown and the chaos keeps going.

Greenpeace activists confront a deep sea mining vessel off the coast of Manzanillo, Mexico.

Trump moves to ramp up deep-sea mining for critical minerals

The US president signed an executive order to speed up permits for ocean mining to boost the supply of critical resources largely controlled by China.

Federal Reserve governor Christopher Waller expects the central bank to deliver more rate relief.

Fed’s Waller will support rate cuts if Trump’s tariffs lead to job losses

US Federal Reserve governor Christopher Waller says unemployment could rise, and quickly, if high tariffs come into play in July.

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This Month

Queensland Premier David Crisafulli.

Heat on premier to end uranium ban

Many expected the return of a conservative government in Queensland would lift the uranium mining ban. But Premier David Crisafulli has other ideas.

Visitors look at the new Firefly model from Chinese automaker Nio at the Shanghai Auto show on Wednesday.

The most stunning reveal (among many) at the giant Auto Shanghai show

Financial Review motoring writer Tony Davis finds a myriad of new brands and developments as China aims to fill every niche in the automotive world.

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China boosts defence; Punch thrown in Kooyong; Fundies’ top 15 stocks

Read everything that’s happened in the news so far today.

Donald Trump has said levies on China would “come down substantially”.

Trump considers slashing China tariffs by ‘more than half’

The US president is reportedly mulling reducing levies by 50 per cent to 60 per cent in a bid to de-escalate the trade war with Beijing.

 Xi Jinping during a meeting with Vietnam’s Communist Party General Secretary To Lam in Hanoi, Vietnam this week.

Japan eyes pact with China, South Korea as trade war hedge

Tokyo signals renewed interest in negotiations with a personal letter from Prime Minister Shigeru Ishiba to Chinese President Xi Jinping.

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ASX jumps; Trump vows lower China tariffs; CBA’s stock surge mystery

Read everything that’s happened in the news so far today.

Donald Trump has signalled tariffs on Chinese imports will come down.

‘We’re going to be very nice.’ Trump vows lower tariffs on China

The president told reporters he would not play hardball with Chinese President Xi Jinping and tariffs on imports from the country would fall significantly after a deal. 

Solar panel technology on display at the Trina Solar Ltd. booth at the International Photovoltaic Power Generation and Smart Energy Expo in Shanghai.

US hits SE Asia with up to 3521pc tariffs on solar imports

The Trump administration is largely targeting Chinese companies that have set up solar panel factories in Cambodia, Vietnam, Malaysia and Thailand.

Mercedes is launching an electric version in its CLA class in China this year as it seeks to be more competitive in a crowded market.

Western car makers plot China comeback with local know-how

Volkswagen, Toyota and others have adopted “in China for China” plays to win back consumers who have shifted to more affordable and tech-packed homegrown EVs.

CATL displays some of its technology at an event in Shanghai this week.

China’s CATL overtakes BYD on 5-minute EV charging time

The company claimed this week that a new version of its flagship cell can achieve a 520km range in the same time, compared with its rival’s 470km.

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Trump’s abrupt cancellation of the so-called de minimis rule, which allowed packages valued under $US800 to enter the US duty-free is bad news for Shein.

Shein’s Australian sales top $1b in online fast-fashion surge

Revenues at the Singapore-headquartered ultra-cheap goods retailer soar 25 per cent over the last year as local rivals struggle in a cost-of-living crunch.

Containers pile up at a terminal in Shanghai. China says it wants to work with other countries against unilateral “bullying”.

China warns nations not to cut US trade deals at its expense

While it respects nations resolving their trade disputes with the US, Beijing “resolutely opposes any party reaching a deal at the expense of China’s interests”.

Race winner Oscar Piastri

Piastri on top of the world with a lot more winning to do

It is the first time an Australian has led the drivers’ standings for 15 years, following his manager Mark Webber in 2010.

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Grill’d burnt over pay; Protesters target PM; Forget 60/40 under Trump

Read everything that’s happened in the news so far today.

We should expect to see a tightening dogfight on tech competitiveness between the US and China.

The next global crisis won’t be about oil or banks – but tech

Unlike during the Cold War, countries will not be able to remain neutral because China and the US will continue to push nations to choose which side of the tech stack they support.

Original URL: https://www.afr.com/topic/china-89a