
Anniek Yunxin Bao
Asia Economy Reporter at CNBC
@CNBC Reporter, covering Asia economy and geopolitics. Previously @WSJ @Reuters @Caixin. Tips/pitches: [email protected]
Articles
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23 hours ago |
cnbc.com | Anniek Yunxin Bao
China's Ministry of Commerce in Beijing. Visual China Group | Getty ImagesThe U.S. and China have further confirmed the details of the trade agreement reached by both sides earlier this month in London, which will implement the Geneva consensus, according to a statement released by China's Ministry of Commerce Friday afternoon.
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23 hours ago |
cnbc.com | Anniek Yunxin Bao
An oil tanker is being pictured in the Persian Gulf near the seaport city of Bushehr, in Bushehr Province, southern Iran, on April 29, 2024. Morteza Nikoubazl | Nurphoto | Getty ImagesFor years, China has been buying discounted Iranian oil in bulk, and the U.S. sanctions on Tehran have barely put a dent in that trade, analysts said, thanks to a shadow supply chain of transshipment and a yuan-denominated payment system that bypasses the U.S. dollar.
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1 day ago |
cnbc.com | Anniek Yunxin Bao
A worker checks a finished vehicle on the production line for electric vehicle maker Zeekr at its factory on May 29, 2025 in Ningbo, China. Kevin Frayer | Getty Images News | Getty ImagesChina's industrial profits plunged 9.1% in May from a year earlier in the latest sign that Beijing's stimulus efforts are falling short on boosting enterprises' profitability. Cumulative profits at major industrial firms fell 1.1% this year as of May, compared to a year earlier, the data showed.
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2 days ago |
cnbc.com | Anniek Yunxin Bao
Swedish meatballs at an IKEA in Causeway Bay is listed as out of stock after after Czech authorities detected horse meat in the company's meatballs which are supposed to make up of pork and beef only. South China Morning Post | Getty ImagesIkea shoppers will see price cuts of up to 50% at many of the company's restaurants globally, as the Swedish retail giant aims to attract cost-conscious consumers.
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4 days ago |
cnbc.com | Anniek Yunxin Bao
TOPSHOT - China's Foreign Minister Wang Yi (C) gestures as he welcomes Russia's Deputy Foreign Minister Sergey Ryabkov (R) and Iran's Deputy Foreign Minister Kazeem Gharibabadi before a meeting regarding the Iranian nuclear issue at the Diaoyutai State Guesthouse in Beijing on March 14, 2025.
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RT @onlyyoontv: #China state media reports Xi and @realDonaldTrump held talks. 习近平同美国总统特朗普通电话 https://t.co/yeQqvO0YEU

At the Shangri-La Dialogue this year, the absence of China’s defence minister dampened hopes that there would be a bilateral meeting with the U.S. @CNBC #shangrila https://t.co/cfWY2v1StE

RT @PIIE: On average, US tariffs on China are now 51.1%. Average Chinese tariffs on the US are now 32.6%. #PIIECharts Learn more: https://…