Husband-and-wife duo Shan Weijun and Zhou Rongrong, founders of Chinese bubble tea chain Auntea Jenny, have become billionaires with a combined net worth of US$1.7 billion following the company’s Hong …
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China’s Complicated Relationship With the Catholic Church
Incoming Pope Leo XIV faces what some call the most-challenging environment for religion in China since Mao Tse-tung.
China’s exports to US sink, offset by trade with other economies, as US tariffs hit global trade
Shipments to the U.S. sank 21% in dollar terms as Trump’s tariffs on most Chinese exports rose to as high as 145%. With Chinese tariffs on U.S. goods at 125%, business between the two biggest…
China’s exports top forecasts helped by global rush to beat tariffs
China’s exports beat forecasts in April, buoyed by demand for materials from overseas manufacturers who rushed out goods to make the most of U.S. President Donald Trump’s 90-day tariff pause. The worl …
China’s April soybean imports hit decade-low as customs delays disrupt trade
China’s soybean imports plunged to a 10-year low in April as prolonged customs clearance delays and late Brazilian shipments caused by harvest slowdowns and logistics issues disrupted the usual flow of cargoes,
UBS Asks Bankers to Stop Flying Business on Short China Trips
UBS Group AG has instructed bankers to stop flying business class on short trips to China, seeking to align its global travel policy and cut costs in Asia amid slow dealmaking, according to people familiar…
China says it has full confidence in ability to manage US trade issues
China has full confidence in its ability to manage U.S. trade issues, Vice Foreign Minister Hua Chunying said on Friday, a day before officials from both sides are set to meet in Switzerland to discuss…
Trade War Shock Is Scrambling China’s Exports
Shipments of goods out of China slumped in April, including a big decline in exports to the United States, as President Trump imposed sky-high tariffs.
Russia and China mark victory in WW2 as Ukraine war grinds on
Russia marks the 80th anniversary of the Soviet Union’s victory over Nazi Germany in World War Two on Friday with a military parade attended by China’s Xi Jinping that Moscow fears Ukraine will try to…
SWIFT Battling Russia, China’s Crypto Use To Dodge Sanctions
The Society for Worldwide Interbank Financial Telecommunications (SWIFT), the Western-led global financial transfer system, has implemented various c …
China has spent billions developing military tech. Conflict between India and Pakistan could be its first major test
The escalating conflict between India and Pakistan could be offering the world a first real glimpse into how advanced Chinese military technology performs against proven Western hardware – and Chinese defense stocks are already surging.
China’s April bank lending seen plunging from a month ago: Reuters poll
China’s April new yuan loans probably shrank significantly from March levels as the trade war with the United States further weighed on the market at a traditionally quiet time of the year, according …
China’s April bank lending seen plunging from a month ago
China’s April new yuan loans probably shrank significantly from March levels as the trade war with the United States further weighed on the market at a traditionally quiet time of the year, according to a…
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