Cumulative profits at major industrial firms fell 1.1% in the first five months of 2025, compared to a year earlier. China’s exports this year have held up despite the erratic U.S. tariff policy, …
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Guangdong takes various measures to boost robot industry
A dancing humanoid robot is pictured at a robot company in Shenzhen, south China’s Guangdong Province, June 25, 2025. In recent years, Guangdong Province has taken various measures to develop the …
MoonFox | Bilibili: A “Forever Young” Platform with a Long-term Vision
In contrast, back in April 2021, the age structure of users was younger. According to MoonFox Data, as of April 2021, Bilibili’s monthly active users had an average age of 23. At that time, 50.08%…
China’s industrial profits slip back into sharp decline in May
China’s industrial profits swung back into a sharp decline in May from a year earlier, as factories slowed activity in the face of broader economic stress and a fragile trade truce with the United States.
Nike plans to reduce reliance on China production for US market to soften tariff blow
U.S. President Donald Trump’s sweeping tariffs on imports from key trading partners could add around $1 billion to Nike’s costs, company executives said on a post-earnings call after the sportswear …
China’s industrial profits plunge 9.1% in May, signaling persistent deflation worries
Cumulative profits at major industrial firms fell 1.1% this year as of May, compared to a year earlier, the data showed.
Photos of the busy ports on the Yangtze River after China-US trade friction cools
Activity at Chinese ports has rebounded since U.S. President Donald Trump and China’s leader Xi Jinping agreed to resume trade talks and put off imposing massive tariffs on each other’s exports. That’s true,
Donald Trump says US-China trade truce has been ‘signed’
Donald Trump said on Thursday the US and China had signed a trade deal two weeks after saying they had reached an understanding in London about how to implement a ceasefire in the countries’ dispute.…
GE Appliances to move washing machine production from China to Kentucky in $490M investment
GE Appliances invests $490 million to relocate washer production from China to Kentucky by 2027, adding 800 full-time jobs amid changing economic policies.
Nike plans to reduce China production to soften US tariff blow, shares jump
Nike said it would cut its reliance on production in China to mitigate the impact from U.S. tariffs on imports, and forecast a smaller-than-expected drop in first-quarter revenue, sending its shares …
Trouble In Paradise For The Brand That Overtook Tesla
The growth of BYD’s global output is falling, and existing inventory is steadily increasing …
Donald Trump says US-China trade deal has been ‘signed’
Donald Trump said on Thursday the US and China had signed a trade deal two weeks after saying they had reached an understanding in London about how to implement a ceasefire in the countries’ dispute.…
US says deal with Beijing will expedite rare earth exports from China
The United States has reached an understanding with China on how to expedite rare earth shipments to the U.S., a White House official said on Thursday, amid efforts to end a trade war between the…