Chinese Exporters Outsmart Tariffs with South America Push
Facing rising tariffs, exporters from the Chinese mainland are winning new business in South America by adapting designs and tapping global trends.
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Facing rising tariffs, exporters from the Chinese mainland are winning new business in South America by adapting designs and tapping global trends.
One month into the U.S. “reciprocal tariffs”, New Yorkers from bankers to teachers say higher costs and economic fallout are already here.
Chinese mainland’s manufacturing PMI dipped to 49.0 in April, signaling slight contraction but sparking cautious optimism among factory managers and global markets.
In his first 100 days of a second presidency, Trump’s “America First” policies shifted the U.S. from top growth projections to lagging stock markets worldwide.
The Chinese mainland’s Ningbo-Zhoushan Port is set to receive 40 vessels of Brazilian soybeans in April, a 48% rise year-on-year, as China diversifies from U.S. suppliers.
China’s latest CPC Political Bureau meeting reassures global markets with proactive fiscal and monetary policies, support for businesses and workers, and a roadmap for service-driven growth.
Europe races to diversify trade as U.S. tariffs shake up transatlantic ties. At IMF and World Bank meetings, delegates explore new partnerships from Asia to Africa.
Hong Kong’s financial markets remain stable despite renewed U.S. tariffs, thanks to robust liquidity and open-market resilience, says Darryl Chan of the HKMA.
Despite volatility from the US trade war, Hong Kong’s financial markets and banking system are operating smoothly, with strong HKD liquidity and orderly trading.
Stephen Ma of Nissan China says every crisis holds opportunity as the automaker plans to ramp up car exports to supplement and complement the international auto market.