Industry — 370 insights
China, US confirm Seoul trade talks days before Trump-Xi summit in Beijing
Industry

China, US confirm Seoul trade talks days before Trump-Xi summit in Beijing

Meeting follows Paris round in March and a video call in April as both sides prepare for Trump’s state visit Chinese Vice-Premier He Lifeng will travel to South Korea this week for trade talks with US Treasury Secretary Scott Bessent, both sides confirmed on Sunday, in the final round of negotiations before a summit between President Xi Jinping and US President Donald Trump in Beijing. The meeting is scheduled for May 12 and 13 in Seoul and comes days before Trump’s state visit to China on May 14 and 15. China’s Ministry of Commerce said He would lead a delegation to hold economic and trade consultations with the US side. A White House spokeswoman said that Trump plans to host Xi for a reciprocal visit later in 2026. The talks would be “guided by the important consensus” reached between the two heads of state at their meeting in Busan and in previous phone calls and would address “economic and trade issues of mutual concern”, a ministry spokesperson said in response to a reporter’s question.

Could Spain’s ‘compliment sandwich’ approach to China work for the EU?
Industry

Could Spain’s ‘compliment sandwich’ approach to China work for the EU?

Spanish Prime Minister Pedro Sanchez’s recent visit to Beijing illustrates ‘delicate equilibrium’, analyst says as others voice scepticism Sanchez pushed for closer ties with Beijing while raising concerns over a persistent bilateral trade deficit and the Ukraine war, an approach that analysts said could serve as a diplomatic template for Brussels amid its fraying relationship with Washington. According to Wang Hanyi, a research fellow at the Shanghai International Studies University, the Spanish leader “achieved a delicate equilibrium between high-level strategic rhetoric and pragmatic cooperation”. “The equilibrium provides a viable blueprint for European countries navigating their ties with China,” Wang said. However, some analysts have voiced scepticism, arguing that Spain’s “compliment sandwich” approach of pairing praise with pointed criticism was a tried-and-tested failed model that would do little to change Beijing’s behaviour on important issues.

Can China engineer a price recovery that doesn’t make people feel poorer?
Industry

Can China engineer a price recovery that doesn’t make people feel poorer?

The producer price uptick offers a policy window: if reinforced by household demand and expectations, it could kick off a broader recovery China may finally have a chance to loosen the grip of deflation. Yet, the more important question is whether it can do so without making households feel poorer first. But last month’s purchasing managers’ index (PMI) suggests a rockier path than some might expect – and why the policy window should not be wasted. Manufacturing remained in expansion with the official April PMI at 50.3, but non-manufacturing activity returned to contraction at 49.4, with services at 49.6 and construction at 48.0. While the index for raw material purchase prices remained elevated at 63.7, the factory-gate price index stood at 55.1. This means price pressure is returning ahead of demand, profits and household confidence. This is why this moment matters. If the producer price uptick can be reinforced by stronger household demand and firmer expectations, this could mark the start of a broader recovery. Otherwise, China risks a more fragile outcome, where rising cost pressure is not matched by consumption strength, with a price rebound that weakens confidence rather than restoring it.

Premium Battery Material Producers Lock in Long-Term Lithium Supplies
Industry

Battery Material Producers Lock in Long-Term Lithium Supplies

Vertical integration into upstream resources is reshaping the EV battery value chain.

FEATURED Industrial Output Grows 6.7% Year-on-Year, Led by High-Tech
Industry

Industrial Output Grows 6.7% Year-on-Year, Led by High-Tech

Equipment manufacturing and computing-machinery segments outpace traditional industrial categories.

Shipbuilding Order Book Reaches Multi-Year High
Industry

Shipbuilding Order Book Reaches Multi-Year High

LNG carriers and methanol-ready container ships dominate new orders, reflecting fleet decarbonization.

Solar Panel Production Capacity Outstrips Global Demand
Industry

Solar Panel Production Capacity Outstrips Global Demand

Overcapacity pressures pricing, but second-generation technologies preserve margin for tier-one players.

FEATURED Steel Industry Consolidation Accelerates Under Capacity Caps
Industry

Steel Industry Consolidation Accelerates Under Capacity Caps

Cross-provincial mergers create regional champions positioned to compete on quality and decarbonization.

FEATURED Chinese Manufacturing Pivots to Premium Global Brands
Industry

Chinese Manufacturing Pivots to Premium Global Brands

Domestic manufacturers move up the value chain, competing in luxury and high-end consumer segments worldwide.

Green Transformation: China’s Path to Sustainable Future
Industry

Green Transformation: China’s Path to Sustainable Future

China advances dual-carbon goals with strong policy support and clean energy innovation.