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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
BUSINESSSep 2Bessent pushes G20 on China trade , as leaders call for free Hormuz transitBessent urged G20 nations to address China trade practices, while global leaders emphasized the importance of free transit through the Strait of Hormuz. This highlights key international economic and geopolitical concerns.moneycontrol.com · India
BUSINESSSep 2Beyond coal: China’s installed solar power capacity crosses historic thresholdSolar power has overtaken coal as China’s largest source of installed power generation capacity for the first time, marking a landmark shift in the world’s largest energy market, according to government data. By the end of July, China’s installed photovoltaic capacity had reached 1,286 gigawatts, accounting for 31.5 per cent of the total, the National Energy Administration (NEA) reported on Tuesday. The agency called the milestone a “signature achievement” in China’s green and low-carbon energy...South China Morning Post
BUSINESSSep 2Enflame’s US$900m IPO tests appetite for China’s ‘little dragon’ AI chipmakersAs Enflame Technology gears up for a 6.12 billion yuan (US$910.3 million) initial public offering on Shanghai’s Star Market, the Chinese artificial intelligence chipmaker must convince investors that its specialised chip strategy can withstand fierce competition from Huawei Technologies and other domestic rivals, while reducing its heavy revenue dependence on major backer Tencent Holdings. Online and offline subscriptions open on Wednesday, after the Shanghai-based start-up announced on Monday...South China Morning Post
BUSINESSSep 1China dissented from G20 statement opposing 'cheap exports' flooding market, Bessent saysBessent is leading the Trump administration's plan to choke off Iran's economy by threatening its business partners with secondary sanctions.CNBC
BUSINESSSep 1US urges G20 to cut trade imbalances, focus on ChinaUS Treasury Secretary Bessent urges other G20 countries to do more to protect their economies from Chinese imports.Al Jazeera [en]
BUSINESSSep 1GT Voice : Misplaced priority on reducing China reliance will be costly detour for EUA misplaced priority by the EU on reducing its reliance on China is projected to result in a costly detour. This suggests potential economic repercussions for European Union policy decisions.globaltimes.cn · China
BUSINESSSep 1What’s next after China court freezes US$318m in Nexperia assets amid Wingtech battle?A Chinese court’s order to freeze 2.14 billion yuan (US$318 million) in Nexperia-affiliated assets has cemented the operational independence of its Chinese manufacturing engine from its European headquarters, leaving its local facilities increasingly isolated amid a prolonged custody battle. The Dongguan Intermediate People’s Court in the southern province of Guangdong, where Nexperia’s biggest assembly and test plant is located, has frozen the equity interests in four subsidiaries owned by the...South China Morning Post
BUSINESSSep 1China demands rights guarantee as US firm secures 100-year Venezuelan oil dealChina has demanded protection of its interests in Venezuela after a US-backed energy company was granted 100-year concessions covering oilfields previously operated by Chinese and Russian firms. “China-Venezuela cooperation is protected by international law and the laws of both countries. China’s legitimate rights and interests in Venezuela must be guaranteed,” foreign ministry spokesman Guo Jiakun said in Beijing on Tuesday. “Economic and trade cooperation between countries should follow the...South China Morning Post
BUSINESSSep 1If a ‘great rebalancing’ is coming, will China really have to pay for it?Michael Pettis says a great rebalancing is coming and China will pay for it. It’s strange how the man who insists that power decides who pays never tests his claim on Washington. The Beijing-based economist has been warning that a great rebalancing is coming since he published a book called The Great Rebalancing. That was in 2013. His latest Foreign Affairs offering? You guessed it: “A Great Rebalancing Is Coming: Who Will Bear the Costs of a Global Trade Adjustment?” It’s the same plot: Today’s...South China Morning Post
BUSINESSSep 1Switzerland and China Free Trade Agreement ( FTA ) UpgradeSwitzerland and China are upgrading their Free Trade Agreement (FTA). This action aims to enhance economic relations and trade between the two countries.china-briefing.com · China
BUSINESSSep 1As rice output falls, Malaysia looks to China’s ‘2 yields, 1 land’ modelMalaysia is looking to China’s rice-prawn farms as a model to extract more from its shrinking paddy land as a slide in rice self-sufficiency has left it increasingly reliant on imports from its Southeast Asian neighbours. The experiment is also part of an attempt to confront other issues such as ageing farmers and more erratic weather, which have dented Malaysia’s rice output. Agriculture and Food Security Minister Mohamad Sabu said on Monday that Malaysia needed to raise its rice...South China Morning Post
BUSINESSSep 1Solar outpaces coal for the first time in China: How does Europe compare?China has seen an explosive growth in its renewable installation, with coal's share in its energy mix edging down in recent years.EuroNews [en]
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