U.S. stock futures are lower after major stock indexes eked out a gain despite rising trade tensions between the U.S. and China.
Tagged By beijing
Trump’s tariff threat exposes China’s tight grip on the global pharmaceuticals industry
So far, China has made no official public threat about weaponizing its dominant position in this segment of the pharmaceutical industry. But Trump’s tariffs on the sector, if imposed, could worsen …
Explainer: What is China’s ‘Shenzen model’ for low-carbon transition in cities?
Carbon Brief looks back at Shenzhen’s low-carbon transition efforts to date and assesses its progress on carbon mitigation.
US Ally Sends Strong Warning to China
The Philippines’ defense chief told Newsweek the country is working with partners to “build a strong fence” citing coercive behavior by China.
China passenger trips up 2.5% during Dragon Boat holiday
HONG KONG (Reuters) -China recorded more than 653.7 million inter-regional passenger trips during the Dragon Boat Festival holiday, up 2.5% year-on-year, state media reported on Tuesday, with the …
IPO Fever Returns: Is Hong Kong the New Gateway to China’s Tech Boom?
A flood of Chinese listings is shaking up the Hang Seng–could this be the market’s long-awaited turning point?
Chinese tuna firm Liancheng announces intention to build new processing plant, tap domestic demand
Liancheng Ocean Fisheries Group, a Chinese tuna-fishing company based in the southeastern city of Shenzhen, has announced plans to build a new processing plant in an attempt to tap domestic demand for …
China turns to alternate beef imports as U.S. tariffs drive prices up
With prices climbing 30% since March due to President Trump’s tariffs, restauranteurs in China have been forced to source their beef and other meat from other parts of the world. CNBC’s Eunice Yoon …
China’s Manufacturing Activity Tumbles
A private gauge of China’s manufacturing activity tumbled in May, touching the lowest level since September 2022 as tariffs continue to weigh, despite the U.S. trade truce. The Caixin manufacturing …
US Announces ‘Game Changer’ Missile Upgrade to Rival China
In a statement to Newsweek, Chip Whipkey, the Tomahawk deputy program manager, said the Maritime Strike Tomahawk (MST) would be ready for deployment on U.S. destroyers by the end of fiscal year 2025, …
China’s May factory activity unexpectedly shrinks as tariffs dent sentiment — worst drop since 2022
China has grappled with entrenched deflationary pressure, as a prolonged real estate downturn and job insecurity hamper investments and consumer spending.
Hong Kong leader says sudden removal of China’s top official in the city was “normal”
Hong Kong’s leader said on Tuesday that China’s recent removal of its top representative in the city, known for his hardline policies on national security, had been a “normal” personnel change.
China’s Xiaomi founder expects EV business to turn profitable in H2
China’s Xiaomi founder and CEO Lei Jun said on Tuesday that he expected the company’s auto business to turn profitable in the second half the year, according to a company spokesperson.