China

Chinese media defends rare earth controls, accuses U.S. of abuse of export restrictions

• China has pushed back against U.S. criticism of its new rare earth export controls, saying the measures are lawful and transparent and that Washington was notified in advance. The Commerce Ministry accused the U.S. of abusing national security grounds for trade restrictions but said dialogue channels remain open.

JPMorgan to double Asia assets to $600 billion by 2030, targets $1 trillion long term

• CEO Dan Watkins said the firm’s success since 2019 — lifting assets to $302 billion — reflects rising demand for active ETFs and regional diversification.

China commerce ministry urges the US to correct its wrong practices

• Responds to US saying it has proposed to talk with China after rare earths restrictions

China has officially begun levying port fees on US ships

• This is not a surprise, the port fees have been planned for a while.

China’s rare earth exports plunge 31% in September amid renewed US tensions

• The decline follows months of fluctuating shipments and comes days after President Trump warned of new 100% tariffs in response to Beijing’s curbs.

China’s exports hit six-month high, showing resilience amid US tariff tensions

• Economists credited market diversification and competitiveness for cushioning the blow from tariffs, helping Beijing stay on track for its 5% growth goal even amid domestic weakness.

China September Trade Balance (USD)+90.45bn (vs expected +98.96bn, prior +102.33bn)

• China September Trade data

China Customs spokesperson, on US imposing shipping fees: China countermeasures necessary

China Customs vice minister: Current external environment still complex and grim

• More encouragingly he says that in Q1-Q3, China’s foreign trade has shown resilience with improving structure

China's exports +7.1% in yuan terms for the January - September 2025 period

• Chinese YTD trade data dibbling out

ANZ says China–US economic decoupling set to deepen amid new trade frictions

• Notes that China has cut its export dependence on the US to 12% and remains confident of meeting 5% growth despite rising trade tensions and likely reciprocal measures.

Goldman sees US–China tariff standoff easing into prolonged pause, not full escalation

• Goldman Sachs expects the US–China standoff over rare earths to cool rather than intensify, predicting both sides will moderate their positions and extend the tariff pause reached in May.

Netherlands intervenes at Chinese-owned chip-maker Nexperia over China technology concerns

• Dutch government steps in at Nexperia over China tech-transfer fears. The government’s rare intervention allows it to block harmful decisions while keeping production running, citing administrative lapses at the company. Nexperia says it complies with all export and sanction rules.

Trump tempers tone after 100% China tariff threat: Recap of Trump China-US trade tirade

• Trump softens tone after 100% tariff threat, says US wants to “help China, not hurt it.”

Trump says he thinks we are going to be fine with China, Nov 1 tariffs still the plan

• Trump's confused remarks on China trade tariff turmoil