China’s luxury market declined by 18% to 20% in 2024, marking the end of a period of “exponential growth”, with sales expected to remain flat this year, consultancy Bain and Company said at the launch…
Tagged By beijing
Russia’s Putin and China’s Xi emphasize close reations, a day after Trump is sworn in as president
The two leaders have developed strong personal ties that helped boost relations between Moscow and Beijing, growing even closer after Putin sent troops into Ukraine in 2022.
China’s ‘iPhone city’ Zhengzhou braces for uncertainty as Trump returns to office
Zhengzhou, a major manufacturing hub that makes many of the world’s Apple iPhones, bore the brunt of the trade war between the US and China during Donald Trump’s first term.
Shenzhen’s Mawan Undersea Tunnel opens, linking key areas
The Mawan Undersea Tunnel, the first underwater tunnel in Shenzhen, Guangdong province, was officially opened on Tuesday. The tunnel, spanning approximately 8.05 kilometers, connects Qianhai …
Trump raises prospects for a negotiated reset on US-China ties
Donald Trump unexpectedly held off tariffs on China on his first day back at the White House and did not single it out as a threat, raising the prospect of a rapprochement as both sides…
Factbox-Trump’s inner circle offers different perspectives on dealing with China
U.S. President Donald Trump’s picks for senior posts in his administration include several people with deep ties to China, but several have divergent views on how to deal with Washington’s biggest …
Trump has tossed TikTok a lifeline. But China’s not happy
For many of America’s 170 million TikTok users, US President Donald Trump’s move to delay a legal ban of the popular social media platform was cause for celebration. But in China, where TikTok’s …
Beijing Criticizes Trump’s Withdrawal From Paris Accord, WHO
China’s Foreign Ministry criticized President Trump’s decision to withdraw from the Paris climate accord and the World Health Organization, offering an initial look at how Beijing intends to present …
60% tariffs on China would be a ‘black swan’ event: FX strategist
Alvin Tan, head of Asia FX strategy at RBC Capital Markets, says he expects the Chinese yuan to weaken beyond 7.5 against the U.S. dollar toward the end of the year on expected higher tariffs…
Trump’s inner circle offers different perspectives on dealing with China
U.S. President Donald Trump’s picks for senior posts in his administration include several people with deep ties to China, but several have divergent views on how to deal with Washington’s biggest …
Trump Warns Fate Of TikTok Deal Could Impact China Tariffs—Beijing Signals It May Not Block Sale
Trump warned he could hit China with 100% tariffs if it intervened and blocked a deal to allow 50% U.S. ownership of TikTok.
China’s solar, wind power installed capacity soars in 2024
China’s installed capacity of solar power and wind power climbed by 45.2% and 18%, respectively, in 2024, the National Energy Administration said on Tuesday, as the country seeks to ramp up renewable energy use and…
China Responds to Trump’s First-Day Comments: ‘A New Starting Point’
Chinese Embassy spokesperson Liu Pengyu told Newsweek that “China is willing to work with the new U.S. government.”
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