AstraZeneca on Tuesday said it had received an opinion from authorities in Shenzhen city of suspected unpaid import taxes of $1.6 million, adding that a fine of one to five times that amount may be…
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AstraZeneca says may face further import tax fine from China
China Offers Olive Branch to U.S. Firms After Boeing Delivery Halt
Beijing is willing to support normal business cooperation with American firms, China’s commerce ministry said, coming days after Chinese airlines were ordered to stop taking delivery of Boeing aircraft.
Shenzhen lags China in GDP, exports as tech hub preps for tariff wave
The southern metropolis failed to beat the national average, even as exporters locked in early orders to get ahead of US tariffs.
HSBC sees up to $1.6 billion in loss on China bank stake reduction
HSBC said on Tuesday that its stake in Bank of Communications (BOCOM) will drop to about 16% from 19.03%, and it will book a loss of up to $1.6 billion as a result of the…
Chinese airlines and Boeing severely hit by tariffs, Beijing says
BEIJING (Reuters) -Chinese airlines and Boeing have been severely affected by U.S.-imposed tariffs, China’s commerce ministry said on Tuesday, saying it hopes Washington will listen to companies’ …
Beijing will not engage in market dumping, China’s ambassador to India says
China will not dump its goods in other countries due to its trade and tariff war with the U.S., Beijing’s ambassador to India, Xu Feihong, wrote in an article on Tuesday, trying to allay fears…
How China Armed Itself for the Trade War
The view that the Chinese leadership was desperate to negotiate a trade deal, to avoid economic pain that could destabilize Chinese society and threaten the Chinese Communist Party’s monopoly on power …
Trump’s Tariffs Put China’s E-Commerce Superpowers to the Test
Companies like Alibaba that built China’s world-leading online shopping sector are now helping its sellers find markets beyond the United States.
FirstFT: China says it can do without US farm and energy imports
We start in Beijing, where China’s top economic officials yesterday used a press conference to reassure the public about the state of the economy amid a trade war with the US. Here’s more on what…
China says its airlines and Boeing have been severely affected by tariffs
Chinese airlines and Boeing have been severely impacted by U.S.-imposed tariffs, disrupting regular trade and investment activities of many businesses, the Chinese commerce ministry said in a …
China issues local gov’t bonds worth 1.24t yuan in Q1
BEIJING — China’s local governments issued new bonds worth nearly 1.24 trillion yuan ($172 billion) in the first quarter of this year, data from the Ministry of Finance showed on Monday. Of the total …
4 Former Hong Kong Lawmakers Freed After Years in Prison Under a Beijing-Imposed Security Law
Four former Hong Kong lawmakers have been released after spending more than four years in prison for their conviction under a Beijing-imposed law that crushed a once-thriving pro-democracy movement
U.S. tariffs will hasten, not slow, China’s drive for tech self-sufficiency
The next time the U.S. tries something like the H20 chip ban, it may mean very little to the China AI ecosystem.
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