The rate cuts, which were expected, seek to boost consumption and loan growth at a time when economic growth is patchy and lacklustre

CATL, which produces 38% of the world's EV batteries, sees year's biggest listing, despite being put on a US blacklist four months ago. Proceeds could top $5 billion if greenshoe option is exercised.

The White House is reportedly concerned that the tie-up would help a Chinese firm improve its AI abilities and also make Apple more vulnerable to Beijing's censorship and data-sharing laws

CEO Jensen Huang outlines plans for AI supercomputer and a new office in Taiwan, which he hailed as one of the world's leading tech hubs

China's industrial and retail sectors slowed in April, while air freight capacity between China and the US plunged after the US closed the 'de minimus' tax exemption

Demand for containers to ship Chinese products to the US has shot up dramatically following the trade truce negotiated in Switzerland

Deals worth hundreds of billions of dollars, involving a vast number of advanced AI chips, plus data centres in US, were unveiled in the Middle East this week, despite long-held fears about Gulf nations ties to China

Economists say tariff hikes left lasting damage and even with US levies reduced to 30% China's job market and economic growth took a fair hit

President pushes Tim Cook to build iPhone plants in the US; says Delhi offered to drop tariffs on US exports in their push for a trade deal

Huawei, which slumped for several years after being hit with US sanctions, has managed to regain its dominant position in the Chinese smartphone market

Delhi has been keen to do a trade deal with the US but filed notice of a trade dispute with the WTO this week, showing it's unhappy with Trump's 25% tariff on steel and aluminium

For the first time, more countries hold a positive view of China than of the United States. Perception of the US, meanwhile, is now as bad as that of Russia, new survey finds