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Sky won't fall! China's foreign trades move forward, exceeding 10 trillion yuan for eight consecutive quarters
According to a report by China News Service, China's foreign trade "report card" for the first quarter was unveiled on April 14. Despite the shadow of global trade challenges, China's foreign trade continues to push forward steadily. Data released by the General Administration of Customs shows that the total import and export value of China's goods trade in the first quarter reached 10.3 trillion yuan (RMB, the same below), marking a year-on-year increase of 1.3%, a historical high for the same period, and exceeding 10 trillion yuan for eight consecutive quarters.
Deepline
2025.04.15 13:37
Opinion | Giveth today, taketh tomorrow: Trump tries to become 'god' with unpredictable logic
Theoretically, the term "reciprocity" refers to a tax rate that is extrapolated from existing tariffs imposed on US goods by other countries, plus non-tariff barriers such as regulatory compliance costs. In practice, however, this is not how the tax rates for many of the countries in Trump's tariff measures are calculated. Instead, the rates are calculated with the goal of eliminating the US trade deficit with that country.
Deepline
2025.04.10 17:40
Watch This | Which products could get more expensive for Americans with Trump's tariffs?
Despite Trump's announcement on social media on Wednesday (April 9) to temporarily suspend "reciprocal tariffs" on over 75 economies for 90 days and significantly lower the tariff rate to 10% during this period, his policies have always been unpredictable and inconsistent. The possibility of reinstating reciprocal tariffs remains high, and there's no telling when it might suddenly happen within the 90-day window. Consumers in the US could face price increases on goods at any time.
Video
2025.04.10 16:11
'Americans footing bill!' Foreign netizens slam Trump for economic self-harm
On April 10, US President Donald Trump implemented a 90-day suspension of his reciprocal tariff plans for all countries except China. However, as stated by a White House official, the 10% baseline tariffs that took effect last weekend will continue for all countries, excluding China.
World
2025.04.10 13:36
Multinational companies seeing China as safe haven, contradicting Trump's intentions
According to a report by the New York Times on April 9, amidst significant shifts in the global trade landscape, the high tariffs imposed by the US on several Asian countries have led many multinational companies to view China as a safer industrial base, completely contrary to President Trump's original intentions.
World
2025.04.10 13:58
Watch This | PLA Honor Guard joins Red Square Victory Day parade
On the morning of May 9 (local time), a grand military parade was held in Moscow's Red Square to commemorate the 80th anniversary of the victory of the Soviet Union's Great Patriotic War. According to reports from CCTV News, the People's Liberation Army Honor Guard participated in the parade, marching through Red Square. President Xi Jinping stood and saluted the Chinese delegation during the event.
China
2025.05.09 18:09
Deepline | Fed up! EU threatens €95 bn in retaliatory tariffs on US goods, targets Boeing and auto imports
The European Union has unveiled a list of U.S. goods worth €95 billion (approximately HK$8.33 trillion) that could face retaliatory tariffs if trade talks with Washington collapse. Boeing aircraft and American-made automobiles are among the primary targets. The European Commission also announced it will file a complaint with the World Trade Organization (WTO) against U.S. "reciprocal tariffs" and related policies.
Deepline
2025.05.09 17:26
Europe's defense under dual fire: Far-right surge and urgent push to break from US dependence
European nations marked the 80th anniversary of WWII's end on Thursday (May 8) amid deepening transatlantic tensions, as the once-united U.S.-Europe alliance faces unprecedented strain under former President Donald Trump's shifting policies. The Guardian and New York Times report that Trump's transactional diplomacy, combined with Europe's awakening to its overreliance on Washington, has forced the continent to confront the monumental challenge of forging unity in defense and strategy.
World
2025.05.09 16:55
Watch This | Land of 'free', home of self-made terrorist
On New Year's Eve 2025, Bourbon Street in New Orleans was alive with revelers celebrating the arrival of a new year. The festivities, however, were violently shattered when Shamsud-din Jabbar, a 42-year-old Army veteran, plowed his vehicle into the crowd, killing 14 people and injuring 35. This was not merely an act of senseless violence—it was a chilling indictment of the deep fractures in American society.
Young Voices
2025.05.09 16:18
Deepline | Integrating Chinese and Islamic cultures: New path ahead for HK film industry
Under the Belt and Road Initiative (BRI) framework, Hong Kong film industry leader and chairman of Salon Films, Wang Cheung-yue, is collaborating with Saudi Arabia and Malaysia to create a cross-cultural film and television project. The initiative ranges from filmmaking to museum construction, transforming the peaceful maritime history of six hundred years ago into a medium for contemporary civilizational dialogue, effectively rewriting a new version of "Zheng He's Voyages to the West Oceans."
Deepline
2025.05.09 15:25
Captivating new exhibit in HK: 'Wonders of Imperial Carpets' Islamic art exhibition opens next month
Hong Kong Palace Museum (HKPM) will host a special exhibition titled "Wonders of Imperial Carpets: Masterpieces from the Museum of Islamic Art, Doha" from June 18 to Oct. 6, 2025. This exhibition is the first in HK to comprehensively showcase the artistic and cultural exchanges between Islamic and Chinese civilizations. Jointly organized by the HKPM and the Museum of Islamic Art, Doha, the exhibition will feature around 100 precious artifacts, including carpets, ceramics, metalwork, illuminated manuscripts, and jade objects.
Hong Kong
2025.05.09 14:52
Opinion | Why the US-UK 'trade deal' is a face-saving nothingburger for Starmer
Yesterday, the United Kingdom and the United States announced a "trade deal." The agreement, hailed as "significant" by leaders Donald Trump and Keir Starmer, will see both sides reduce tariffs on cores and aluminium, aiming to protect key British industries, such as the automobile industry, from Trump's measures.
Opinion
2025.05.09 14:18
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