China has issued more licenses allowing copper smelters to export metal tax-free, aiding local producers and paving the way for greater overseas sales at a time of upheaval in the global market.
BUSINESS
Exclusive: Major US toymaker speeds up plan to move manufacturing out of China
A major supplier of toys to Walmart and Target is accelerating its shift out of China as it reshapes production amid President Donald Trump’s intensifying trade war with the country.
Report: Trump Family May Invest in Crypto Giant Binance as Founder Seeks Pardon
The Trump family has allegedly been discussing a possible investment in the crypto exchange Binance—a deal that, especially in light of Binance’s multi-billion-dollar valuation, would raise a host of …
US Meat Exports at Risk With China Approvals Set to Expire
More than $3 billion in US beef, pork and poultry exports could be disrupted as eligibility is set to expire next week for hundreds of American meat plants that ship to China.
China’s Steel Economy Takes a Hit—But Not From Trump
New tariffs could cut the country’s steel exports by as much as one-fifth in the coming months, S&P Global predicts.
How One Beloved Indie Food Brand Is Dealing With Trump’s China Tariffs
The punchy, direct-to-consumer brand was founded in 2018 by Jing Gao, promising to bring a “not traditional, but personal” taste of her hometown of Chengdu to American audiences, with products like …
I tested Manus, China’s ‘fully autonomous’ AI agent. It’s promising — but not ready to go solo yet.
Manus structured tasks well but stumbled in execution, hallucinating data and creating clunky designs.
BlackRock to appoint Yu Beihua as new China fund chief, sources say
BlackRock has hired Yu Beihua, formerly head of AXA’s China fund joint venture, as the new boss of its China business, two people with knowledge of the matter said, as the U.S. asset manager continues…
Trade quarrels to boost Russia-China agricultural trade, lobbies and analysts say
China is expected to step up imports of agricultural products from Russia in response to growing trade conflict with the U.S. and Canada, with trade in peas set to be one of the first to…
Want to get married or have kids? In China, that is no longer your employer’s business.
Female job applicants in China, which is trying to raise its birthrate, have long been discriminated against by employers who ask about their marriage and childbearing plans.
Walmart and China spar as big-box retailer asks suppliers to slash prices
Chinese officials met with Walmart after the world’s largest retailer reportedly asked Chinese suppliers to lower their prices by at least 10% to offset the Trump tariffs.
Chinese Regulators Signal Return to IPOs of Unprofitable High-Tech Startups
An executive from an equity investment institution predicted that China could see between 150 and 200 IPOs this year, reversing the downturn of 100 new stocks in 2024. Last year, startups raised CNY67 …
BlackRock to appoint Yu Peihua as new China fund chief, sources say
BlackRock has hired Yu Beihua, formerly head of AXA’s China fund joint venture, as the new boss of its China business, two people with knowledge of the matter said, as the U.S. asset manager continues…
