Catch up on some of SCMP’s biggest China stories of the day. If you would like to see more of our reporting, please consider subscribing.
1. ‘He’s panicking’: Trump’s tariff comments put China in control, analysts say
The White House’s latest signs of easing its position on tariffs against China do not indicate a notable advancement in US-China trade talks, but may present Beijing an opportunity to get a better deal, economists said.
2. US Treasury head calls tariff war with China unsustainable and says it will ease
US Treasury Secretary Scott Bessent told a closed-door investor summit that President Donald Trump’s tariff war with China has led to an unsustainable, two-way “embargo” and that he expected the situation to de-escalate.
3. Chinese navy celebration introduces one of PLA’s biggest warships to the public
The People’s Liberation Army Navy is exhibiting advanced warships, including a first-time showing of its Type 075 amphibious assault ship, during public open day events across mainland cities.