The Chinese government took its economic sanctions against San Diego-based Illumina a step further Tuesday by banning the gene-sequencing company from importing its machines to the country. It’s part of China’s broader retaliation against President…
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China’s services activity grows modestly in February, Caixin PMI shows
China’s services activity slightly expanded in February, driven by a faster rebound in demand, including export orders, a private sector survey showed on Wednesday, though an escalating U.S.-Sino …
Markets Today: February Services PMI; Trump tariffs; FIIs; Shreenath IPO
Stock Markets Today, March 5, 2025: February Services PMI, Trump tariffs moves, FIIs, along with mixed global cues, may influence the benchmarks, Sensex and Nifty50, today. In the previous session, …
China targets ‘around 5%’ GDP growth in 2025 and lays out stimulus measures as trade worries mount
China on Wednesday set its GDP growth target for 2025 at “around 5%” as it starts its annual parliamentary meeting amid escalating trade tensions with the U.S, according to a copy of the government …
As Trump escalates trade war, Xi aims to project that it’s business as usual in China
As President Donald Trump unleashes sweeping changes across the US government and slaps tariffs on America’s leading trade partners, Chinese leader Xi Jinping is preparing to hold a major political …
China hits US soybean firms, halts log imports as it steps up retaliation against Trump tariffs
China suspended on Tuesday the soybean import licenses of three U.S. firms and halted imports of U.S. logs, stepping up retaliatory action after the United States imposed additional tariffs on Chinese …
Starbucks’s China comeback relies on right partner, brewing back the vibe
As Starbucks tries to revive its faltering business in China, analysts say strategic partnerships and returning to its roots as a place where customers come for a coffee “experience” offer the best bet to beat…
Trump tariffs push China to retaliate: Soybean farms hit, lumber imports halted
China also imposed import levies covering $21B worth of US agricultural and food products including soybeans, wheat, meat and cotton.
Chinese manufacturers scramble to mitigate tariff pain amid an escalating global trade war
As Washington-Beijing trade tensions flare, Chinese manufacturers are scrambling for ways to adjust their supply chains and head off the escalating tariffs.
China’s CNOOC to launch refinery expansion after $2.7 bln upgrade, sources say
China National Offshore Oil Company (CNOOC) is slated to launch an upgraded joint-venture refinery complex around June, marking the state-controlled producer’s further expansion into refining and petrochemicals,
Trump’s tariffs on Mexico, Canada and China are in effect — all the products Americans can expect to pay more for
Goods from China face at least a 20% tariff, while imports from Mexico and Canada are being hit with a 25% levy.
Illumina Stock Slammed As China Retaliates Against Trump’s Tariffs
Illumina stock skidded Tuesday after China signaled it would ban the company from importing its gene-mapping products.
$1.4 Billion In Stolen Crypto From Bybit Hack Is Not Coming Back
Hackers who managed to run off with $1.4 billion in stolen Ethereum from the Bybit exchange have already converted most of the funds into Bitcoin. That is according to experts at several blockchain …
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