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BUSINESSSep 28US, China agree to cut tariffs on $60B worth of productsThe U.S. and Chinese governments unveiled $30 billion each worth of products subject to lower tariffs, after President Trump and Chinese President Xi Jinping met last week in Washington, D.C., according to the White House. Chinese products subject to lower tariffs under the new “30-by-30” framework include fireworks, kitchenware, flashlights, baseballs and softballs and fishhooks,…The Hill
BUSINESSSep 28China is no longer just the world’s factory. It’s the HQThe global electronics industry is entering a structural transition. For over two decades, China served as the dominant manufacturing centre, with an unmatched concentration of suppliers, skilled labour, infrastructure, logistics and engineering capabilities. That concentration is being diluted. But interpreting this as the decline of Chinese manufacturing would be a mistake. China is exporting parts of its manufacturing process while retaining the industrial capabilities that matter...South China Morning Post
BUSINESSSep 28US and China name goods for possible tariff cuts – what it means for EuropeWashington has published lists of goods the US and China could tax at lower rates under their “30-for-30” framework, covering about $30bn (€26.3bn) in annual trade each way. No rates or start date have been set, but US pork, dairy and whiskey on Beijing’s list could squeeze European exports.EuroNews [en]
BUSINESSSep 28EU pushes China to accept import quotas in bid to rebalance tradeBrussels is pressing Beijing to accept quotas on Chinese exports as negotiations enter their final stretch, with the EU threatening trade measures unless tangible progress is made by next month.EuroNews [en]
BUSINESSSep 28US and China release each $30 billion product lists for tariff cuts after Trump - Xi meetingThe United States and China have each released lists of products totaling $30 billion for tariff cuts, following a meeting between Trump and Xi. This represents a significant development in international trade relations and economic policy between the two nations.naharnet.com · Syria
BUSINESSSep 28China eases tariffs on U.S. farm goods, keeps soybeans outSeeking Alpha Tech
BUSINESSSep 28China resuming US coal imports among thin list of summit outcomesChina agreed to import at least 10 million tonnes of US coal in each of the next two years, marking one of the few concrete results from President Xi Jinping’s state visit to the United States. The country will also lower tariffs on 1,619 US products, including coal, under a deal to reduce levies on US$30 billion of non-sensitive goods shipped in each direction, according to a White House statement. Other items include agricultural goods, cosmetics and medical devices. The US will cut levies on...South China Morning Post
BUSINESSSep 28U.S., China to lower tariffs on $60 billion of goods. Here's what qualifiesThe lists included U.S. imports of toys, sports equipment and Christmas decorations, while U.S. farm products appeared on the list of Chinese imports.CNBC
BUSINESSSep 28Nigeria’s manufacturing upgrade tops China’s economic pact —Consul GeneralBy Nkiruka Nnorom & Marvellous Chukwunenye  The planned upgrade of Nigeria’s manufacturing sector is at the heart of a new economic partnership between Nigeria and China, the outgoing Consul General of China in Lagos, Ms Yan Yuqing, has said. Yuqing disclosed this at a reception marking the 77th anniversary of the founding of the People’s […] The post Nigeria’s manufacturing upgrade tops China’s economic pact —Consul General appeared first on Vanguard News.Vanguard Nigeria
BUSINESSSep 28China’s Nio and Geely deepen commitment to EV battery swapping tech in stake saleChinese electric vehicle (EV) maker Nio has deepened its partnership with Zhejiang Geely Holding Group after agreeing to sell a stake in its battery swap subsidiary to the automotive conglomerate in a deal that values the unit at 16 billion yuan (US$2.4 billion). Geely Holding, controlled by Chinese billionaire Li Shufu, would pay 640 million yuan in cash and contribute its wholly owned battery-swapping unit Yiyi Internet Technology in exchange for a 30 per cent share in Nio Power, Nio said in a...South China Morning Post
BUSINESSSep 28White House releases list of products US, China could tax lessThe White House released Sunday lists of products that could benefit from lower tariffs under an arrangement with China affecting $30 billion in goods in each direction, without specifying the rates or timetable. The post White House releases list of products US, China could tax less appeared first on Vanguard News.Vanguard Nigeria
BUSINESSSep 28China says U.S. trade truce extension creates space to advance talksChina said on Monday a two-month extension of a trade truce with the United States would provide room for both sides to evaluate the implementation ‌of their arrangement…Japan Today
BUSINESSSep 28US, China list goods recommended for tariff cuts following Trump-Xi summitWashington and Beijing announce details of agreement to reduce tariffs on $60bn of trade.Al Jazeera [en]
BUSINESSSep 28China’s gas turbine makers aim to challenge global giants. Is Malaysia the start?In the latest milestone for China’s heavy-duty gas turbine manufacturers, Shanghai Electric has secured a turnkey contract to supply equipment to a power plant in Malaysia, giving it a foothold in a market dominated by established foreign suppliers amid a global supply crunch. The state-owned conglomerate, based in the Chinese financial centre, hailed the deal reached earlier this month as evidence of the competitiveness of its integrated solutions and its capacity to design and manufacture...South China Morning Post
BUSINESSSep 28China and the US will cut 60 billion dollars in tariffs on toys, meat or coalChina y EE.UU. reducirán tarifas sobre productos clave, impulsando el comercio bilateral tras consultas recientes en Nueva York y Washington.El pacto abarca desde juguetes y electrodomésticos chinos hasta bienes agroalimentarios y médicos de EE.UU., fomentando la exportación mutua.Clarín
BUSINESSSep 28Inside Malaysia’s plan to steal China’s durian market from ThailandMalaysia is pushing to take durian, whose powerful smell delights its lovers and repels its haters, beyond its roadside stalls and family orchards to convince fans of the spiky fruit that its varieties are worth seeking out. Devotees savour durians like wine. For Malaysian ones, the taste of their rich and creamy flesh varies widely across types. Some are prized for their sweet custard and fruity notes, others for a hint of bitterness, an alcohol tinge, or even a peanut butter...South China Morning Post
BUSINESSSep 28US publishes products that would benefit from tariff agreement with ChinaWashington y Pekín acordaron reducir aranceles sobre productos no sensibles, tras la visita del líder chino a EE.UU. La tregua comercial sigue vigente.EE.UU. y China examinarán listas de bienes para aplicar reducciones. Conversaciones sobre tierras raras continúan, sin cambios en aranceles actuales.Clarín
BUSINESSSep 28China industrial profit growth slows to 4 . 2 % in August amid weak domestic demandChina's industrial profit growth has slowed to 4.2% in August, attributed to weak domestic demand. This highlights a downturn in a key economic indicator for the country.news.webindia123.com · India
BUSINESSSep 28China industrial profit growth slows to 4 . 2 % in August amid weak domestic demandChina's industrial profit growth slowed in August due to weak domestic demand, indicating a potential downturn in the country's economic performance. This matters as it reflects the health of China's industrial sector and consumer economy.neworleanssun.com · United States
BUSINESSSep 28Column : Committed to China since 1979 -- on 20th anniversary of World Economic Forum Beijing OfficeThis column reflects on the World Economic Forum's long-standing commitment to China since 1979, specifically marking the 20th anniversary of its Beijing Office. It highlights the sustained engagement of a major economic organization with China.europesun.com · Russia
BUSINESSSep 28Column : Committed to China since 1979 -- on 20th anniversary of World Economic Forum Beijing OfficeA column discusses long-term commitment to China, dating back to 1979, coinciding with the 20th anniversary of the World Economic Forum's Beijing Office. This highlights enduring economic engagement with China.neworleanssun.com · United States
BUSINESSSep 28China industrial profit growth slows to 15.7% YTD as August expansion eases to 4.2%China's industrial profit growth has slowed to 15.7% year-to-date, with August expansion easing to 4.2%. This indicates a moderation in the country's industrial economic performance.Seeking Alpha Tech
BUSINESSSep 28US and China agree $60bn low tariff regime for goods from foie gras to camelsBoard of trade will lower levies on non-sensitive goods as superpowers seek to ease tensionsFinancial Times
BUSINESSSep 28CDL’s Kwek clan looks to invest US$3.9b in Singapore, China, Japan to raise confidenceCity Developments (CDL), the Singapore property group controlled by one of the country’s wealthiest families, said it wants to invest S$5 billion (US$3.9 billion) in Singapore, China and Japan by 2029 as part of measures to regain investor confidence after a feud within the clan. The firm also aims to sell S$6 billion of assets within the same period either via outright divestments or seeding suitable assets into managed vehicles, according to an exchange filing on Monday. It wants to set up a...South China Morning Post
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