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.

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

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

The two countries signed an MoU last week on a lunar research station. Russia's space agency says a nuclear reactor to power the station would be built autonomously by 2035 "without the presence of humans"

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

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

Analysts say countries in Southeast Asia like Vietnam, Thailand and Malaysia, plus Mexico, who are part of the China-plus-one supply chain, will need to make better deals with Washington. 

State media have hailed the big tariff cuts agreed with US officials as a result of Beijing's tough countermeasures and negotiating skills; shipping companies expect cargo loads to 'explode' in coming months

Industry sources expect Beijing to ease process for US firms to get export licences for rare earths, while Australia is looking to set up a strategic reserve stockpile of critical minerals

Beijing has grown increasingly alarmed about the impact of US tariffs on the economy and the risk of isolation as other countries started negotiating deals with Washington

Second quarter steel shipments are expected to plunge by about 20-30% after the US imposed a 25% tariff in March and other countries involved in trans-shipment followed suit