{
}
Chinese President Xi Jinping arrived in Malaysia on April 15, 2025, for a three-day state visit aimed at strengthening trade relations amid US tariff threats. Discussions with Malaysia’s King and Prime Minister Anwar will focus on signing agreements to address economic challenges, particularly as Malaysia faces potential tariffs impacting its exports. The evolving Malaysia-China trade relationship, marked by significant growth and strategic partnerships, highlights the complexities of navigating economic ties in a competitive global landscape.
Chinese President Xi Jinping's visit to Vietnam focused on enhancing collaboration against trade bullying and promoting economic globalization. The two nations signed 45 agreements across various sectors, including AI and infrastructure, while Vietnam seeks to balance its trade relations with both China and the US amid ongoing geopolitical tensions. Bilateral trade exceeded $205 billion in 2024, highlighting the deep economic ties despite historical territorial disputes.
Chinese President Xi Jinping, during his Southeast Asia tour, emphasized that trade wars yield "no winners" and warned against protectionism, which he claims "leads nowhere." His visit to Vietnam, where the US imposes a 46% tariff, aims to strengthen ties and includes plans for around 40 agreements, notably in railway development. The ongoing trade tensions threaten Vietnam's economic growth, which heavily relies on exports to the US, and could reduce its GDP growth by over a percentage point.
The Trump administration has exempted certain electronics, including iPhones and laptops, from tariffs on Chinese imports, providing relief to major tech firms like Apple and Dell. This decision comes amid escalating trade tensions, with China retaliating by raising its tariffs on US goods to 125%. Analysts view the exemptions as a positive development for the tech industry, although concerns about the broader economic impact of high tariffs persist.
A Chinese diplomat condemned US tariffs on Chinese goods as "abusive," warning they harm global supply chains and violate trade principles. He urged the US to cease its unilateral actions, emphasizing the need for mutual respect and cooperation to foster global economic development. China remains committed to safeguarding its rights amid escalating trade tensions.
U.S. stocks plummeted on April 11 after tariffs on Chinese imports surged to 145%, triggering a nearly 1,700-point drop in the Dow and losses of 5% and 6% in the S&P 500 and Nasdaq, respectively. China warned of a potential trade war, emphasizing the need for mutual respect in negotiations. The unprecedented tariff rates could raise average effective tariffs significantly, impacting manufacturing and consumer prices, while the World Trade Organization predicts an 80% decrease in bilateral trade, affecting global supply chains.
Trump's tariffs aim to generate revenue and create jobs, but economists widely criticize their feasibility. Meanwhile, countries like Saudi Arabia and China are rapidly advancing, challenging the notion that only liberal democracies can drive innovation and economic growth. As the US grapples with its own economic strategies, alternative models are emerging.
China’s President Xi Jinping urged multinational CEOs to safeguard global trade and supply chains amid rising US tariffs, emphasizing the need for cooperation to stabilize the economy. The meeting, attended by around 40 executives, highlighted concerns over tightening regulations and foreign investment challenges in China. Xi noted the significant contributions of foreign enterprises to China's economy, while reiterating the mutually beneficial nature of China-US trade relations.
Huawei is set to report a record revenue of 860 billion yuan ($118 billion) for 2024, nearing its 2020 peak, after selling 45 million smartphones, a 25% increase from the previous year. The company has successfully navigated US sanctions by diversifying into new industries, developing its own technology, and expanding in the automotive sector, particularly in autonomous driving. With its proprietary HarmonyOS now on over a billion devices, Huawei is positioning itself as a leader in both consumer electronics and electric vehicle technology.
Huawei is poised to announce a revenue of 860 billion yuan ($118 billion) for 2024, nearing its 2020 peak, as it rebounds from U.S. sanctions through a focus on software, chip development, and smart-driving technology. The company has shifted into new business areas, including 5G infrastructure and autonomous driving, while its consumer business is reportedly growing again. Despite challenges in regaining its former Western market position, Huawei aims to expand its international presence and integrate AI into its services.
Xi Jinping
People
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
xi jinping visits malaysia amid us tariff challenges and trade discussions
Malaysian Ringgit
Chinese Yuan
United States Dollar
Apple Inc.
MYS
USA
CHN
Xi Jinping
Anwar Hussain
Sultan Ibrahim ibni Sultan Iskandar
Show more
02:30 16.04.2025
Xi Jinping and Vietnam strengthen ties to counter trade challenges
Chinese Yuan
Vietnamese Đồng
United States Dollar
Samsung Securities Co.,Ltd.
Apple Inc.
USA
VNM
CHN
Pham Minh Chinh
To Lam
Xi Jinping
Show more
02:35 15.04.2025
xi jinping warns against trade wars during southeast asia tour
08:49 14.04.2025
trump exempts electronics from tariffs easing pressure on tech companies
Chinese Yuan
United States Dollar
Shin Kong TIP Taiwan Semiconductor 30 ETF
Dell Technologies Inc.
Apple Inc.
NVIDIA Corporation
IND
USA
TWN
CHN
Donald Trump
Xi Jinping
Tim Cook
Show more
14:57 13.04.2025
Chinese diplomat criticizes US tariffs as harmful to global trade system
05:42 11.04.2025
us stocks plunge as tariffs on china escalate to historic levels
Chinese Yuan
United States Dollar
J.P. Morgan Fixed Income Opps A EUR Inc
Oxford Economics Ltd.
USA
CHN
Donald Trump
Xi Jinping
Joe Biden
Show more
05:11 11.04.2025
the rise of liberal autocracy and its challenge to democracy
United States Dollar
CHN
Viktor Orbán
Alice Weidel
Xi Jinping
Emily Maitlis
Recep Tayyip Erdoğan
Thomas Friedman
Marine Le Pen
Winston Churchill
Show more
13:34 10.04.2025
China's Xi urges CEOs to safeguard trade amid looming US tariffs
United States Dollar
Toyota Motor Corp
Hitachi, Ltd.
AstraZeneca PLC
Standard Chartered PLC
Mercedes-Benz Group AG
FedEx Corp
SK hynix Inc.
SAU
CHN
USA
Georges Elhedery
Kwak Noh-Jung
Toshiaki Higashihara
Raj Subramaniam
Xi Jinping
Amin Nasser
Ola Källenius
Show more
13:01 28.03.2025
huawei reports record revenue after significant smartphone sales growth in 2024
09:08 28.03.2025
huawei rebounds with strong revenue growth amid us sanctions challenges
Chinese Yuan
NVIDIA Corporation
Dongfeng Motor Group Co Ltd
MYS
CHN
Paul Triolo
Xi Jinping
Ren Zhengfei
Li Qiaoyi
Show more
04:44 28.03.2025
Trending
Subcategory
Corporate News
Startups & Entrepreneurship
Economic Indicators
Global Trade Developments
Market Analysis and Predictions
Countries:
Companies:
Currencies:
People: