International fashion and luxury groups are opening coffee shops in major Chinese cities, entering an intensely competitive space in a bid to draw in customers amid a slowdown in luxury spending. In …
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Expectations low ahead of EU-China 50th anniversary summit in Beijing
The meeting of top Chinese and EU officials will be overshadowed by old grievances, even as Beijing tries to hit reset.
McKinsey bars China business from generative AI consultancy work, FT reports
McKinsey has stopped its China business from undertaking consultancy work related to generative artificial intelligence, the Financial Times reported on Wednesday, citing two people with knowledge of …
McKinsey bars China practice from generative AI work amid geopolitical tensions
Consulting firm’s move follows scrutiny from Washington over US companies’ involvement in sensitive Chinese sectors …
Both targets of Trump’s tariffs, the EU and China still can’t get along
As the two biggest economic targets in Donald Trump’s trade war, some analysts thought the European Union and China could move closer together and stake out common ground.
China ‘clearly’ trying to interfere in Taiwan’s democracy, Taipei says before recall vote
China is “clearly” trying to interfere in Taiwan’s democracy and it is up to Taiwan’s people to decide who should be removed from or stay in office, the island’s government said on Wednesday ahead of…
Shenzhen leads Chinese cities in foreign trade for H1
SHENZHEN — Foreign trade of South China’s Shenzhen reached 2.17 trillion yuan ($303.4 billion) in the first half of 2025, securing its position as the leading city on the Chinese mainland, according …
Foreigners tap into Shenzhen e-payment
Demand for convenient payment methods has grown as China’s visa-free policies fuel a surge in inbound tourism. Foreign travelers made 3.43 million inbound and outbound trips via Shenzhen ports in the …
China Shuns Low-Grade Coal From Indonesia as Imports Collapse
Indonesia bore the brunt of a sharp fall in China’s coal imports last month, underscoring how Chinese power plants have shifted away from lower-quality fuel due to persistent domestic oversupply.
EU-China trade frictions
Oct 8, 2024 – China imposes temporary anti-dumping tariffs on EU brandy, hitting brands from Hennessy to Remy Martin. Oct 29, 2024 – The EU approves imposing extra tariffs of up to 35.3% on …
Has Trump finally got Xi’s China invite? He teases Beijing visit in ‘not-too-distant future’
US President Donald Trump said on Tuesday that he is likely to visit China in the near future, amid efforts to stabilise trade and security ties between the world’s two largest economies …
Beijing’s digital economy and its core industries see surge in new firms in H1
In the first half (H1) of 2025, 10,900 new entities were established in the digital economy and its core industries in Beijing, marking a year-on-year surge of 53.92 percent, with the digital …
China’s DeepSeek AI Predicts the Price of XRP, Dogecoin and Cardano by the End of 2025
DeepSeek AI suggests that holders of the following altcoins are poised for substantial gains, but which ones will do best may surprise you.
