ET Net News Agency, 29 April 2025] UBS raised the target price for China Unicom (00762) to HKD10.5 from HKD8.3 and maintained the “buy” rating. The research house said it lifts 2 …
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{I-bank focus}UBS raises China Unicom (00762) to HKD10.5
China Relies on Robots to Offset Tariffs: ‘A Machine Can Work 24 Hours’
The NYT reports that Chinese manufacturers are keeping export costs low despite rising tariffs by relying on robots that can operate nonstop.
China Spy Fears at Air Bases Lead to String of Tourist Detentions
Acting on a tip from U.S. military personnel, South Korean authorities detained two Chinese nationals on April 23 for using high-end cameras to photograph planes, on suspicion of violating Seoul’s …
China exports to U.S. drop sharply with tariffs in effect
The drop-off in bookings could lead to empty store shelves this summer as retailers deem China-made goods too expensive to import.
China says it won’t ‘kneel’ to U.S., urges countries to resist bullying
As the trade war between the two economic giants continues, Beijing declared that “bowing to a bully is like drinking poison to quench a thirst.” …
China ramps up global yuan push, seizing on retreating dollar
As Chinese President Xi Jinping toured Southeast Asia this month to forge closer ties against higher U.S. tariffs, the People’s Bank of China was seizing a moment of confusion and disruption in global …
AstraZeneca faces fresh China import tax fine of up to $8 million
AstraZeneca may face a fine of up to $8 million in China over suspected unpaid taxes related to the import of its breast cancer drug Enhertu, the drugmaker said on Tuesday, as it works to…
Temu adds import charges, more than doubling some prices after Trump’s tariff on China
Temu has a new import charge that more than doubles the price of many items shipped from China, in response to imposed tariffs by the U.S.
China’s 2025 GDP beats America’s by $7 trillion and the EU by $14 trillion, “a surprise to most people” – Elon Musk
China’s GDP reaches $35.29 trillion in 2025 PPP terms, outpacing the US and EU, according to Elon Musk’s xAI model Grok.
Walmart, Target resume business with some Chinese factories after tariff-related halt, suppliers say
Walmart and Target have resumed business with some of their Chinese suppliers, after pausing orders for a few weeks due to uncertainties over the imposition of steep US tariffs, two Chinese factories …
Waitrose supplier Bakkavor sells China operations in $67 million deal
UK fresh food provider Bakkavor Group said on Tuesday it will sell its China operations for a cash consideration of about 50 million pounds ($67 million), a move that comes amidst talks for a takeover…
Australia’s surge in wine exports to China begins to slow
Australia’s wine export boom to China that followed an improvement in relations between the two countries is showing signs of slowing, amid a broader global decline in the number of bottles headed to …
China’s April factory activity seen slipping as Trump tariffs bite: Reuters poll
China’s factory activity likely contracted in April, a Reuters poll showed on Tuesday, as Donald Trump’s “Liberation Day” package of tariffs brought a sudden halt to two months of recovery. A Reuters …