Category: China

US-China trade war reignites after US extends restrictions against sanctioned Chinese firms. China responds in kind with new restrictions linked to rare earth elements. Trump threatens additional 100% tariffs to commence 1st November. S&P drops by over 2% and cryptocurrencies suffer “largest liquidation event in crypto history”. Trump posts a passive aggressive comment to calm…

New economic data show that China has made significant strides in offsetting the economic impacts of the US-China trade stand-off. A recent flurry of diplomatic engagement between the US and China, both at numerous levels and from numerous departments, indicates a gradual softening of the highly confrontational tête-à-tête that President Trump began with his “reciprocal”…

No deal yet between the US and China, but it does seem that both sides recognise that they do indeed need a deal and that neither side will emerge unscathed if relations deteriorate. Whether President Trump also understands this remains to be seen, however. Tariffs As we published our July brief US and Chinese officials,…

US-China trade negotiations, and rhetoric, continue. As you read this US and Chinese officials, led by Treasury Secretary Scott Bessent, and Vice Premier He Lifeng, are engaged in discussions in Stockholm, Sweden. Both sides hold ace cards up their sleeves, not just in terms of the volumes of trade that these nations do with one…

China Macro Brief: June 2025 US-China trade negotiations, and rhetoric, continue. Meanwhile, China has continued to improve her armoury, and bolster her economy in anticipation of a further breakdown in relations – and, having learned well from Russia’s recent experience, around sanctions in particular. This does introduce additional complexity and compliance burden for individuals and…

China appears to have successfully called President Trump’s bluff over his “Liberation Day” tariffs, but negotiations are ongoing and there remains potential for further upset. Not content to simply hope for a favourable outcome from such negotiations the State Council announced a raft of monetary policy measures intended to stabilise and calm the markets.… Read…

(Urban) unemployment remains roughly steady across China, while concerted efforts to foster growth in emerging industries aim to generate employment opportunities to replace those in industries experiencing contraction. Geopolitical tensions, and a careful plan to stabilise the economy against the impact of external shocks, see Beijing and the PBOC focusing on attracting foreign investment and…