Husband-and-wife duo Shan Weijun and Zhou Rongrong, founders of Chinese bubble tea chain Auntea Jenny, have become billionaires with a combined net worth of US$1.7 billion following the company’s Hong …
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China’s exports top forecasts helped by global rush to beat tariffs
China’s exports beat forecasts in April, buoyed by demand for materials from overseas manufacturers who rushed out goods to make the most of U.S. President Donald Trump’s 90-day tariff pause. The worl …
China’s April soybean imports hit decade-low as customs delays disrupt trade
China’s soybean imports plunged to a 10-year low in April as prolonged customs clearance delays and late Brazilian shipments caused by harvest slowdowns and logistics issues disrupted the usual flow of cargoes,
UBS Asks Bankers to Stop Flying Business on Short China Trips
UBS Group AG has instructed bankers to stop flying business class on short trips to China, seeking to align its global travel policy and cut costs in Asia amid slow dealmaking, according to people familiar…
China says it has full confidence in ability to manage US trade issues
China has full confidence in its ability to manage U.S. trade issues, Vice Foreign Minister Hua Chunying said on Friday, a day before officials from both sides are set to meet in Switzerland to discuss…
China’s Exports to U.S. Plunge, in Sign of Bite From Trump Tariffs
The drop in U.S.-bound shipments was offset by a surge in Chinese goods to Southeast Asia, Africa, Europe and Latin America.
China’s exports grew by 8.1% in April as Trump’s tariffs kicked in
China’s exports grew by just 8.1% in April, a big drop from the previous month after Donald Trump’s triple-digit tariffs took effect, in another sign of the damage the US president’s trade war is …
China’s April exports jump 8.1% to beat estimates despite U.S. tariffs; import decline slows
China’s exports surged in April even as businesses bore the brunt of U.S. tariffs that kicked into higher gear last month, while imports narrowed declines as Beijing stepped up stimulus. Exports …
China’s exports, imports beat expectations in April
China’s exports rose faster than expected in April, while imports narrowed their declines, customs data showed on Friday, giving Beijing some relief ahead of ice-breaker tariff talks with the U.S. this weekend.
Trump says US won’t lower tariffs on China imports to kick-start trade talks
Separately, Commerce Department says it will simplify some restrictions on the export of advanced semiconductor chips.
Trump says we know China tariffs will come down from 145 percent
U.S. President Donald Trump said on Thursday he expects there to be substantive negotiations between the United States and China on trade this weekend and said tariffs couldn’t get higher than 145 …
Luxury Labels Ditch Steep China Discounts to Rebuild Brand Value
Some luxury labels are pulling back from steep markdowns in China, seeking to rebuild an image of exclusivity to lure back wealthy shoppers whose spending remains less affected by economic slowdown.
AI execs say US must increase exports, improve infrastructure to beat China
The Senate Commerce Committee wants to cut regulatory barriers to U.S. artificial intelligence after China’s DeepSeek debuted its high-quality, affordable AI model last year.
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