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U.S. DOE awards $500M to battery tech firms to reduce China reliance, but analysts warn of insufficient funding and $24B project cancellations under Trump administration
The U.S. Department of Energy (DOE) awarded $500 million this August to seven companies involved in battery minerals, materials, manufacturing, or recycling. This initiative is part of the Trump admin
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China's integrated circuit exports surged by 129.83% year-on-year in August, while crude oil imports increased by 6.2% month-on-month.
China's integrated circuit exports surged by 129.83% year-on-year in August, while crude oil imports increased by 6.2% month-on-month.
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Taiwan Aerospace Contractor AIDC Focuses on Countermeasures to China's Drones
Taiwan's leading aerospace contractor, Aerospace Industrial Development Corporation (AIDC), is rapidly expanding its portfolio beyond traditional aircraft manufacturing to include counter-drone system
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Huawei is driving China's push to make its own advanced chips, playing a 'project management' role to build components for DUV machines and avoid export controls.
Huawei is driving China's push to make its own advanced chips, playing a 'project management' role to build components for DUV machines and avoid export controls.
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China's trade surplus was 119.1 billion yuan, in line with expectations of 119.1 billion yuan, compared to the previous value of 112.5 billion yuan.
Trade Balance: CNY 119.1 billion, expected CNY 119.1 billion, prior CNY 112.5 billion, in line with expectations Exports YoY: 25%, expected 25%, prior 23.9%, in line with expectations Imports YoY: 28.
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China's exports rose 25% year-on-year in August, while imports increased 28.2%, missing expectations. The trade surplus expanded to $119.09 billion.
China's exports (denominated in USD) rose 25% year-on-year in August, in line with expectations, while imports increased 28.2%, below economists' forecast of 30%, indicating continued weakness in dome
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Myanmar military intensifies operations to retake China project areas
Myanmar's military has intensified operations to retake areas where China-backed projects are located, according to Nikkei Asia. Thousands of civilians have been displaced as fighting rages along the
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CNBC: China's Weak Consumption Becomes a Global Issue, G20 Finance Ministers Discuss Impact of Chinese Exports on Global Employment, US Treasury Secretary Scott Bessent Criticizes China for Opposing G20 Joint Statement
The CNBC "China Connection" newsletter noted that weak Chinese consumer spending has become a global issue, with discussions intensifying at this month's G20 Finance Ministers' meeting in the US about
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Citigroup expects to secure China brokerage licence as early as this month, Reuters reports
Citigroup is reportedly planning to recruit several dozen employees for the fully owned brokerage operation in mainland China in the coming months, aiming to increase staff numbers to about 100 by yea
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China's Oil Demand Revival Spurs Price Spikes for African, Canadian and Latin American Crudes
A rebound in Chinese oil buying is driving up prices for African, Canadian and Latin American crudes, as disruptions in the Strait of Hormuz lead refiners to seek alternatives farther afield.
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Philippines Finance Secretary Frederick Go: Manila Wants To Deepen Economic Ties With China
Philippines Finance Secretary Frederick Go: Manila Wants To Deepen Economic Ties With China
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Philippine Defense Secretary Warns: China May Leverage Reduced US-ROK Military Drills to Reassert Pressure in Asia-Pacific
Philippine Defense Secretary Gilberto Teodoro stated on Monday that Beijing might view the recent scaling back of joint US-South Korea military exercises as an opportunity to reassert pressure in the
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Iron Ore Tops $100 for First Time in Seven Weeks
Iron ore prices broke above $100 a ton for the first time in seven weeks, driven by traders unwinding positions that favored coking coal. The rally was further supported by expectations of pre-holiday
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Goldman Sachs: China's AI Profit Pool Accelerates Concentration in Semiconductors, Q2 Semiconductor Sector Earnings Surge 150% QoQ to $23 Billion
Goldman Sachs research indicates that China's AI profit pool is increasingly concentrating in hardware, particularly semiconductors. In Q2 2026, the Chinese semiconductor sector's profits surged by ap
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Nikkei Asia: US, China Considering AI Safety Guardrail Talks During Trump-Xi Summit
The United States is prepared to raise concerns about artificial intelligence safety with China during the upcoming summit between the two countries' top leaders, opening a window for dialogue despite
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US Treasury Secretary Scott Bessent says Iran has about 30 million barrels of crude left for potential Chinese buyers
The Trump administration is intensifying economic pressure on Iran through sanctions and a blockade. Bloomberg News Middle East Reporter Dan Williams notes this strategy also amounts to a test of endu
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Chinese Energy Giants Tap Brazil for Imports, Oil Field Exploration
China's three major state-owned petroleum companies are diversifying crude oil sourcing and ramping up domestic and overseas production in joint efforts with the government to bolster energy security
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China's top commander for Taiwan affairs meets with U.S. Indo-Pacific Commander Samuel Paparo for the first time.
China's top commander for Taiwan affairs meets with U.S. Indo-Pacific Commander Samuel Paparo for the first time.
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China hits back at US over G20 dispute, says Trump's tariffs and Iran war energy crisis harm global economy
China hits back at US over G20 dispute, says Trump's tariffs and Iran war energy crisis harm global economy
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UK urged to overhaul military procurement to remove China-made parts
Experts are calling on Britain to tighten its military procurement rules to eliminate any Chinese spying risks in defense equipment, including uniforms. They argue that the UK has an "unhealthy depend
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Pacific Leaders Criticize China’s Recent Ballistic Missile Test
The leaders of Pacific island nations criticized China’s recent missile test in their region, an unexpected move after earlier failed attempts to agree on a response. New Zealand Prime Minister Christ
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Major U.S. automakers are urging Congress to permanently ban the sale, import, and manufacture of Chinese connected vehicles in the United States.
The Alliance for Automotive Innovation, representing most car sales companies in the United States, stated in a letter to congressional leaders on Thursday that Chinese automakers are globally dumping
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China and Russia push for deeper investment ties in manufacturing, infrastructure, green industries, and digital economy
China is ready to expand investment cooperation with Russia, focusing on manufacturing, infrastructure, green industries, and the digital economy. Chinese Vice Premier Ding Xuexiang called for faster
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Chinese Ministry of Commerce spokesperson Huang Ling demanded that the United States immediately rectify its sanctions against Chinese companies and citizens related to Iran.
Huang Ling stated that despite repeated requests from China, the U.S. has repeatedly sanctioned Chinese companies and citizens using Iran as a pretext, which China strongly resents and firmly opposes.
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Shrinking Chinese Fuel Inventories Raise Chance of Export Curbs
China’s gasoline and diesel inventories are plunging as refiners grapple with a tightening domestic market, raising the chance the government may move to limit fuel exports again.
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US House Speaker Johnson rejects AI pause, warns of losing edge to China
US House Speaker Mike Johnson stated on Tuesday that pausing AI development would give China an advantage, posing serious national security implications. He suggested AI companies should largely self-
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Nikkei Asia analysis: Global trade is being reshaped as the EU, China, and US shift towards enforcement of their own trade rules
According to a geopolitics strategist specializing in European, Asian, and U.S. relations, legal triage is becoming a central aspect of due diligence in this evolving landscape.
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Bloomberg: Big Pharma Bets on China's New Drugs, Potentially Impacting US Biotech Dominance
Bloomberg reports that major pharmaceutical companies are looking to China for their next generation of blockbuster drugs. This shift could have profound implications for patients and the future domin
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Al Jazeera analysis: China does not need to replace the US in the Gulf, can gain leverage through trade and technology
The analysis suggests that China's growing influence in the Gulf region is primarily driven by economic leverage through trade and technology, rather than military overreach. It notes that China benef
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Former UK Prime Minister Johnson stated that pausing AI development would cause (us) to lose our competitive edge against China.
Former UK Prime Minister Johnson stated that pausing AI development would cause (us) to lose our competitive edge against China.
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US Treasury Secretary Bessent: Decrease in dollar reserve holdings mainly from Russia and China
US Treasury Secretary Bessent: Decrease in dollar reserve holdings mainly from Russia and China
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U.S. Treasury Secretary Scott Bessent announced he will meet with China's He Lifeng this weekend.
U.S. Treasury Secretary Scott Bessent announced he will meet with China's He Lifeng this weekend.
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Tungsten West plans to restart the Hemerdon tungsten mine in the UK in early 2027, targeting full production in Q1.
The company plans to fully resume operations at the Hemerdon tungsten mine in Devon, UK, in Q1 2027, following its closure in 2018. The mine's reserves are expected to contribute 4.1% of global tungst
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US Treasury Secretary Bessent: We have had good private discussions with China on Iranian financial links
US Treasury Secretary Bessent: We have had good private discussions with China on Iranian financial links
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Hong Kong and Mainland China Regulators Tighten Scrutiny of IPOs, Analysts Say Could Slow New Listings
Securities regulators in Hong Kong and mainland China are intensifying efforts to improve the quality of Hong Kong initial public offerings (IPOs). Analysts suggest this move could slow the flow of ne
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Iran's foreign minister will visit China on September 16 for talks with Wang Yi, following reports that Chinese entities had provided satellite imagery to Iran.
The visit comes amid reports that Chinese entities provided satellite imagery to Iran before attacks on U.S. bases. Market analysis suggests China could play a mediator role in the Middle East conflic
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Russia's Nornickel Seeks New Chinese Partner for Copper Processing Deal to Shut Down Polluting Arctic Plant
Russia's Nornickel Seeks New Chinese Partner for Copper Processing Deal to Shut Down Polluting Arctic Plant
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Australian tungsten miner EQ Resources joins US government-backed initiative to rebuild tungsten supply chain
EQ Resources will hold a 10% stake in the project, which aims to restart production at a long-closed tungsten processing plant in the United States. This move is part of Washington's efforts to rebuil
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China's new travel rules take effect Tuesday, banning citizens for up to 3 years for endangering national security or violating tech export regulations
Observers say the new rules will further tighten the Chinese government's control over its citizens. The regulations also allow for travel bans for those deemed to have "harmed" China's national secur
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China's aluminum output reached a record high last month as government limits loom
Chinese smelters accelerated production to meet a global shortfall exacerbated by the Middle East conflict, pushing output to a new record before anticipated government restrictions take effect.
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China's high-tech industry investment grew by 5.2% year-on-year from January to August, with information services increasing by 22.7%.
China's National Bureau of Statistics announced on September 15 that investment in high-tech industries grew by 5.2% year-on-year from January to August. Specifically, investment in information servic
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China's total goods imports and exports increased by 19.8% year-on-year in August, with exports up 18.6% and imports up 21.7%.
China's National Bureau of Statistics announced that the total value of goods imports and exports in August was 4.6455 trillion yuan, a year-on-year increase of 19.8%, 0.6 percentage points faster tha
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China's CPI rose 0.8% year-on-year in August, an increase of 0.3 percentage points; core CPI rose 1.0% year-on-year.
China's National Bureau of Statistics announced that the national Consumer Price Index (CPI) rose by 0.8% year-on-year in August, an increase of 0.3 percentage points from the previous month; on a mon
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China's value-added industrial output for August rose 5.2% year-on-year, accelerating by 0.7 percentage points from the previous month.
China's National Bureau of Statistics reported that in August, the value added of industrial enterprises above designated size increased by 0.54% month-on-month. Among these, the manufacturing sector'
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China's fixed-asset investment nationwide fell by 7.2% year-on-year from January to August, with private investment down by 10.1%.
According to data from China's National Bureau of Statistics, from January to August 2026, national fixed asset investment (excluding rural households) was 29,309.2 billion yuan, a year-on-year decrea
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China's crude oil output grew steadily by 0.8% in August, while crude oil processing saw a narrowing decline.
China's National Bureau of Statistics reported that in August, crude oil output for industrial enterprises above designated size was 18.43 million tons, a year-on-year increase of 0.8%, maintaining th
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China's National Bureau of Statistics: In August 2026, sales prices of commercial residential buildings in 70 large and medium-sized cities decreased both month-on-month and year-on-year.
According to data from the National Bureau of Statistics, in August 2026, among China's 70 large and medium-sized cities, the sales price index for new commercial residential buildings showed that Bei
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Asian Junk Debt Is Beating Returns on Bonds Almost Everywhere
Asian high-yield debt has emerged as a surprising global winner in bond markets, driven by ever-cheaper money in China which burnishes issuer finances.
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