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G20 finance chiefs except China back action on distorted trade

G20 finance chiefs except China back action on distorted trade

By Philip Blenkinsop and David Lawder ASHEVILLE, North Carolina, Sept 1 (Reuters) - The Trump administration won backing from all G20 financial leaders except China's on Tuesday to act against "non-market" policies and distortions that cause over-reliance on exports and hinder growth elsewhere.

China services activity quickens on stronger domestic demand, private PMI shows

China services activity quickens on stronger domestic demand, private PMI shows

BEIJING, Sept 3 (Reuters) - China's services activity expanded at a faster pace in August, a private-sector survey showed on Thursday, with stronger domestic demand helping firms add staff for a fourth consecutive month.

US pushes G20 to cut trade imbalances, focus on China

US pushes G20 to cut trade imbalances, focus on China

By Philip Blenkinsop and David Lawder ASHEVILLE, North Carolina, Sept 1 (Reuters) - The Trump administration was pushing on Tuesday for G20 countries to agree ways to reduce global trade and fiscal imbalances as another bond market sell-off revives worries about growing debt levels and renewed

Analysis-Chinese e-commerce moves to next phase after delivery price war changes shopping habits

Analysis-Chinese e-commerce moves to next phase after delivery price war changes shopping habits

By Sophie Yu and Casey Hall BEIJING/SHANGHAI, Sept 3 (Reuters) - China's meal-delivery subsidy war may have ebbed but its biggest legacy could be a shift in consumer expectations, as electronics, flowers and even medicine can now be delivered within an hour of ordering.

US urges G20 to cut trade imbalances, focus on China

US urges G20 to cut trade imbalances, focus on China

By Philip Blenkinsop and David Lawder ASHEVILLE, North Carolina, Sept 1 (Reuters) - The Trump administration urged other G20 countries on Tuesday to do more to protect their domestic industries and job markets from Chinese imports, arguing such distortions were "sucking" much-needed growth out of

Factory activity bounced in August as AI fuelled Asian expansion

Factory activity bounced in August as AI fuelled Asian expansion

By Jonathan Cable and Leika Kihara TOKYO/LONDON, Sept 1 (Reuters) - Global factory activity was humming last month as surging demand for AI hardware kept Asian factories busy while new orders in Europe bounced higher, brightening prospects even as the prolonged U.S.-Iran war fuels uncertainty,

Nepal must rebuild thousands of homes, no letup in search for missing

Nepal must rebuild thousands of homes, no letup in search for missing

By Gopal Sharma, Liz Lee and Ethan Wang KATHMANDU/BEIJING, Sept 3 (Reuters) - Nepal will have to rebuild around 20,000 houses in flood-ravaged areas, authorities said on Thursday, as rescuers continued to search for workers trapped in tunnels linked to hydropower projects and thousands remain

AP Exclusive: Lawyer for China's Zion Church seeks resettlement help while transiting through Taiwan

AP Exclusive: Lawyer for China's Zion Church seeks resettlement help while transiting through Taiwan

A Chinese lawyer who defended an underground church in Beijing has fled to Taiwan and is seeking help for resettlement

Asheville Citizen-Times

G20 talks in Asheville end without deal as China rejects consensus

G20 talks in Asheville end without deal as China rejects consensus

China rejected the G20 consensus as Bessent defended talks with Russia and offered no new Helene recovery aid for WNC.

BYD's sales extend growth streak on strong exports

BYD's sales extend growth streak on strong exports

BEIJING, Sept 1 (Reuters) - Chinese electric vehicle maker BYD reported rising global sales for the fourth straight month, as robust exports continued to cushion the impact of sluggish domestic demand.

Global AI boom fuels Asia factory expansion in August

Global AI boom fuels Asia factory expansion in August

By Leika Kihara Sept 1 (Reuters) - Surging global demand for AI hardware kept Asia's factories humming in August, private surveys showed on Tuesday, brightening prospects for the export-reliant region even as the prolonged Middle East war fuels uncertainty and rising costs.

China warns of 'consequences' over Taiwan presence at Pacific leaders meeting

China warns of 'consequences' over Taiwan presence at Pacific leaders meeting

By Renju Jose and Lucy Craymer SYDNEY/WELLINGTON, Sept 1 (Reuters) - China said it had serious concerns about Taiwan's presence at the annual Pacific Islands Forum in Palau, warning of "consequences" after the democratically ruled island attended the group's opening ceremony on Monday.