Latest news with #STELLAYIFAN
Nikkei Asia
12-05-2025
- Business
- Nikkei Asia
Chinese stocks rise ahead of anticipated US trade talk outcome
WATARU SUZUKI and STELLA YIFAN XIE SHANGHAI/HONG KONG -- Chinese stocks opened higher on Monday after officials from Beijing and Washington concluded an initial round of talks over the weekend in Switzerland, with both sides messaging a positive tone. The CSI 300, an index of blue-chip stocks listed on mainland exchanges, opened 0.5% higher. If gain holds, the index wil be on track to finish at its highest level since U.S. President Donald Trump announced "Liberation Day" tariffs on April 2. Hong Kong's benchmark Hang Seng Index opened 1.4% higher.
Nikkei Asia
01-05-2025
- Business
- Nikkei Asia
Trump's China tariffs spark shipping disruptions comparable to COVID
STELLA YIFAN XIE HONG KONG -- U.S. President Donald Trump's sky-high tariffs on China have prompted many American importers to halt sourcing from the world's factory floor, causing disruptions in global shipping not seen since the COVID-19 pandemic. Facing a 145% levy on most imports from China, many American companies have paused or canceled orders. In turn, global shipping companies are sailing between Chinese and U.S. ports much less.
