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BUSINESSSep 5China expands currency swap with Egypt as trade ties reach new heightsEgypt’s expanded currency swap with China may help bring the yuan into wider use in trade and investment, but experts say any reduced reliance on the US dollar will not happen in a hurry. Chinese President Xi Jinping and his Egyptian counterpart Abdel-Fattah el-Sisi this week backed greater use of their currencies, while linking closer financial ties to plans for new factories, energy projects and digital infrastructure. A joint statement released on Wednesday during Xi’s state visit to Cairo...South China Morning Post
BUSINESSSep 4U.S. Gulf-to-China VLCC shipping rate reportedly hits record highThe shipping rate for Very Large Crude Carriers (VLCC) from the U.S. Gulf to China has reportedly reached a record high. This development indicates significant movement in global oil trade and shipping costs.Seeking Alpha Tech
BUSINESSSep 4Italy is participating to the 26th China International Fair for Investment and Trade ( CIFIT ) which opens in Xiamen from 8 - 11 Sept . Italy is participating in the 26th China International Fair for Investment and Trade (CIFIT) held in Xiamen from September 8-11. This event fosters international trade and investment opportunities between the two nations.vietnamtribune.com · Vietnam
BUSINESSSep 4Volkswagen jumps 6% on plans to cut 50,000 jobs amid tariffs, China competitionVolkswagen shares jumped on Friday after it announced plans to slash a further 50,000 jobs as part of its transformation plan.CNBC
BUSINESSSep 4Citi set to deepen China push with brokerage license in sight - reportSeeking Alpha Tech
BUSINESSSep 4China arrests 52 Singaporeans in Guangxi pyramid scheme crackdownFifty-two Singaporeans have been arrested and detained in China’s Guangxi Zhuang autonomous region following a law enforcement operation targeting suspected pyramid scheme activities and related offences, according to Singaporean authorities. Singapore’s Ministry of Foreign Affairs and the Singapore Police Force revealed the arrests in a joint statement on Friday, noting that Chinese authorities were still investigating the cases. Sim Ann, Singapore’s second minister for foreign affairs, said...South China Morning Post
BUSINESSSep 4How China Works author on the data economy, robots and AILan Xiaohuan is a professor of economics at China Europe International Business School. His book, How China Works: An Introduction to China’s State-led Economic Development, has sold millions of copies in China and has been translated into multiple languages. Here, he discusses the economic realities behind China’s record trade surplus, the case for a stronger social safety net, and how public data infrastructure shapes the artificial intelligence race with the United States. SCMP Plus readers...South China Morning Post
BUSINESSSep 3EU, China talk trade as Europe’s deadline for action loomsEuropean Union and Chinese officials have been holding talks in Beijing ahead of the bloc’s October deadline for seeing “tangible results” in efforts to curb a trade deficit running at €1 billion-plus (US$1.2 billion) per day. Denis Redonnet, the EU’s top trade enforcer, has led the European delegation, the South China Morning Post reported on Wednesday. The official has recently become the bloc’s point person for China trade, reflecting growing trade tensions and the possibility of a trade...South China Morning Post
BUSINESSSep 3US pushes G20 for tougher action on China trade imbalancesThe United States is urging the G20 to implement stricter measures regarding trade imbalances with China. This move aims to address global economic disparities and trade practices.pittsburghstar.com · United States
BUSINESSSep 3Washington Venezuela oil deal threatens China and Russia energy gripA proposed oil deal between Washington and Venezuela could challenge China's and Russia's influence in the energy sector. This development suggests a shift in global energy dynamics and geopolitical leverage.azernews.az · Azerbaijan
BUSINESSSep 3US pushes G20 for tougher action on China trade imbalancesThe US is advocating within the G20 for more stringent measures concerning China's trade imbalances. This indicates an international effort to address economic discrepancies.asiabulletin.com · China
BUSINESSSep 3China says it does not seek trade surplus as G20 targets global imbalancesSeeking Alpha Tech
BUSINESSSep 3China rejects G20 trade-imbalance claims, says no need to devalue yuanChina has fired back at critics of its trade imbalances at a Group of 20 gathering, with the central bank firmly denying that Beijing deliberately pursues trade surpluses, while also vowing that it would not weaponise the yuan to boost exports. In the face of concerns over export reliance, People’s Bank of China governor Pan Gongsheng said the country remained committed to expanding domestic demand, state broadcaster CCTV reported on Wednesday. “Addressing global imbalances requires all...South China Morning Post
BUSINESSSep 3US pushes G20 for tougher action on China trade imbalancesThe United States is urging the G20 to take stronger measures regarding China's trade imbalances, indicating international pressure on economic policy. This highlights significant global trade and economic discussions.kenyastar.com · Kenya
BUSINESSSep 3China’s service sector activity rebounds to 51.4 in August, beating forecastsChina's service sector activity experienced a rebound in August, surpassing predictions. This indicates a positive performance and recovery in a key part of the Chinese economy.Seeking Alpha Tech
BUSINESSSep 3China's slowdown pushes New Zealand exporters to diversify away from their top buyer, RBNZ official tells CNBCNew Zealand exporters are diverting shipments bound for China to new markets, as demand from the country's top buyer cools, a central bank official tells CNBC.CNBC
BUSINESSSep 3Federal judge rules in favor of Google advertising monopoly – World Tribune : U . S . Politics and Culture , Geostrategy , China , North Korea , Corporate Watch , Media WatchA federal judge has issued a ruling supporting Google's advertising monopoly. This decision has significant implications for market competition and digital advertising practices.worldtribune.com · United States
BUSINESSSep 3China donates livestock vaccines for CPEC 2 . 0China has donated livestock vaccines as part of the CPEC 2.0 initiative. This signifies ongoing economic and strategic cooperation between the involved countries.tribune.com.pk · Pakistan
BUSINESSSep 2China’s US$10.8b trade short cut: new Pinglu Canal prepares to supercharge Asean shipmentsAptly dubbed the Pinglu 001, the first command and management vessel for the Pinglu Canal was delivered on Monday and will soon enter service as China prepares to open the strategic waterway designed to support surging trade with Southeast Asia. The delivery marks one of the final steps before the 72.7 billion yuan (US$10.8 billion) megaproject is expected to officially open later this month after years in the making. The canal is a signature project for the world’s second-largest economy as it...South China Morning Post
BUSINESSSep 2Bessent says 19 ministers agreed to address cheap export but China dissentedBessent reported that 19 ministers agreed to address the issue of cheap exports, but China dissented. This indicates a significant international trade disagreement concerning export practices.naharnet.com · Syria
BUSINESSSep 2AM Markets: G20 China tensions, diesel prices, and AI spending surge, and moreThis article discusses current market trends, including geopolitical tensions, commodity prices, and technology spending. It provides an overview of factors influencing the global economy.Seeking Alpha Tech
BUSINESSSep 2Walmart’s Sam’s Club accelerates expansion in China as membership passes 10.7 millionUS membership-only retailer Sam’s Club has sped up its expansion in China this year, with the launch of its sixth Beijing location on Monday drawing long queues of eager shoppers. The Walmart-owned warehouse retailer has found a winning formula in China, with its value pricing and exclusive goods attracting middle-class consumers even as some foreign brands shut down stores or pull out of the country. Sam’s Club said last month that it had 10.7 million paid members in China as of June. Its total...South China Morning Post
BUSINESSSep 2German companies under pressure to adapt as China challenges them at their own game – Winnipeg Free PressGerman companies are facing increasing pressure to adapt as China intensifies its competitive presence in global markets. This highlights a significant shift in international trade dynamics affecting European industries.winnipegfreepress.com · Canada
BUSINESSSep 2Bessent says 19 finance ministers agreed cheap export are unsustainable , but China dissentedNineteen finance ministers have agreed that cheap exports are unsustainable, but China reportedly dissented from this view. This highlights a notable international disagreement on global economic policy.santamariatimes.com · United States
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