U.S. Tariffs Spur Peru’s Pivot to the Chinese Mainland
U.S. tariffs on metals and agriculture are pushing Peru to strengthen ties with the Chinese mainland, marking a major shift in the Andean nation’s export strategy.
Business
Insights on global markets, startups, tech giants, and economic trends shaping the G20 and beyond.
China Urges US to Drop Excessive Tariffs, Safeguard Global Supply Chains
China calls on the United States to abandon excessive national security tariffs on steel and aluminum, warning of supply chain risks and urging fair dialogue.
Green Transformation: A Catalyst for Sustainable Growth
China’s green transformation demonstrates how strict environmental standards can drive new quality productive forces, achieving a win-win in ecological conservation and high-quality development.
May PMI: Chinese Mainland’s Economic Resilience on Display
In May, the Chinese mainland’s manufacturing PMI rebounded to 49.5, driven by pro-growth policies and trade improvements, highlighting resilience and cautious expansion.
Tariffs Cloud US Economy: Fed’s Beige Book Signals Slowdown
The Fed’s Beige Book signals a dip in US economic activity amid rising tariff-driven uncertainty, sending ripple effects across global markets and reshaping business strategies.
US Doubles Steel & Aluminum Tariffs: Sectors Brace for Impact
The US will raise tariffs on steel and aluminum imports from 25% to 50% on June 4, 2025, challenging metal manufacturing, automotive and construction sectors worldwide.
US Metals Tariff Hike Backfires, Triggers Global Pushback
US doubles steel and aluminum tariffs, driving up vehicle and appliance costs, and prompting Mexico, Canada and the EU to plan countermeasures.
Musk, GOP Hawks Clash Over $2.4T Trump Tax-Spending Bill
Elon Musk and GOP deficit hawks intensify opposition to Trump’s $2.4T tax-spending plan, warning of soaring debt and calling for deeper cuts.
Formula E’s Shanghai Return: Powering the Future of Electric Mobility
Formula E’s Shanghai round showcased high-speed action and EV tech innovation, serving as a live testbed for the future of sustainable mobility.
StanChart Drives Growth: Financing Chinese Mainland Investments in Indonesia
Standard Chartered Indonesia is stepping up to finance companies from the Chinese mainland exploring opportunities in Indonesia and ASEAN, says CEO Donny Donosepoetro.