With prices climbing 30% since March due to President Trump’s tariffs, restauranteurs in China have been forced to source their beef and other meat from other parts of the world. CNBC’s Eunice Yoon …
Monthly Archives For June 2025
China’s Manufacturing Activity Tumbles
A private gauge of China’s manufacturing activity tumbled in May, touching the lowest level since September 2022 as tariffs continue to weigh, despite the U.S. trade truce. The Caixin manufacturing …
Cash-strapped Beijing drinkers turn to unlicensed ‘home bars’
The proliferation of illicit bars is a reminder that the world’s second-largest economy was already suffering from weak consumption even before the tariff war.
US Announces ‘Game Changer’ Missile Upgrade to Rival China
In a statement to Newsweek, Chip Whipkey, the Tomahawk deputy program manager, said the Maritime Strike Tomahawk (MST) would be ready for deployment on U.S. destroyers by the end of fiscal year 2025, …
China’s May factory activity unexpectedly shrinks as tariffs dent sentiment — worst drop since 2022
China has grappled with entrenched deflationary pressure, as a prolonged real estate downturn and job insecurity hamper investments and consumer spending.
Hong Kong leader says sudden removal of China’s top official in the city was “normal”
Hong Kong’s leader said on Tuesday that China’s recent removal of its top representative in the city, known for his hardline policies on national security, had been a “normal” personnel change.
China’s Xiaomi founder expects EV business to turn profitable in H2
China’s Xiaomi founder and CEO Lei Jun said on Tuesday that he expected the company’s auto business to turn profitable in the second half the year, according to a company spokesperson.
Nvidia reportedly developing new AI chip for China that meets export controls – B30 could include NVLink for creation of high-performance clusters
A new report suggests that Nvidia’s B30, the successor to its China-exclusive H20, will feature multi-GPU scaling through either NVLink or ConnectX-8.
Two Japanese Men Killed in Northeast China After Business Dispute
TOKYO/BEIJING (Reuters) -China’s Foreign Ministry said on Tuesday that two Japanese men killed last month in the northeastern city of Dalian were business partners of the suspect and authorities were …
China’s Private Factory Gauge Plunges to Weakest Since 2022
China’s manufacturing sector had its worst slump since September 2022, according to a private survey, as higher tariffs took a toll on smaller exporters despite a truce in the trade war with the …
Beyond dancing and somersaults, humanoid robots in China aim higher
Robotics firms have been training humanoids to perform real-life tasks in security, housekeeping and manufacturing. Read more at straitstimes.com. Read more at straitstimes.com.
Online broker Tiger to double Hong Kong headcount, targets offshore China wealth
HONG KONG (Reuters) -Tiger Securities plans to double its headcount in Hong Kong over the next two to three years as the online brokerage targets a bigger share of the growing offshore Chinese wealth …
China’s manufacturing activity unexpectedly contracted in May amid weak output, new orders, and exports
A private survey revealed that China’s manufacturing activity unexpectedly contracted in May to 48.3 in May 2025, down from April’s 50.4 and missing forecasts of 50.6, marking the first contraction in …
