AstraZeneca may face a fine of up to $8 million in China over suspected unpaid taxes related to the import of its breast cancer drug Enhertu, the drugmaker said on Tuesday, as it works to…
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Temu adds import charges, more than doubling some prices after Trump’s tariff on China
Temu has a new import charge that more than doubles the price of many items shipped from China, in response to imposed tariffs by the U.S.
China’s 2025 GDP beats America’s by $7 trillion and the EU by $14 trillion, “a surprise to most people” – Elon Musk
China’s GDP reaches $35.29 trillion in 2025 PPP terms, outpacing the US and EU, according to Elon Musk’s xAI model Grok.
Walmart, Target resume business with some Chinese factories after tariff-related halt, suppliers say
Walmart and Target have resumed business with some of their Chinese suppliers, after pausing orders for a few weeks due to uncertainties over the imposition of steep US tariffs, two Chinese factories …
Waitrose supplier Bakkavor sells China operations in $67 million deal
UK fresh food provider Bakkavor Group said on Tuesday it will sell its China operations for a cash consideration of about 50 million pounds ($67 million), a move that comes amidst talks for a takeover…
Australia’s surge in wine exports to China begins to slow
Australia’s wine export boom to China that followed an improvement in relations between the two countries is showing signs of slowing, amid a broader global decline in the number of bottles headed to …
AstraZeneca says may face further import tax fine from China
AstraZeneca on Tuesday said it had received an opinion from authorities in Shenzhen city of suspected unpaid import taxes of $1.6 million, adding that a fine of one to five times that amount may be…
China Offers Olive Branch to U.S. Firms After Boeing Delivery Halt
Beijing is willing to support normal business cooperation with American firms, China’s commerce ministry said, coming days after Chinese airlines were ordered to stop taking delivery of Boeing aircraft.
FirstFT: China says it can do without US farm and energy imports
We start in Beijing, where China’s top economic officials yesterday used a press conference to reassure the public about the state of the economy amid a trade war with the US. Here’s more on what…
China’s food, energy supplies secure without US imports, official says
Beijing says it has self-sufficiency in staple crops and energy, and enough alternative import sources to offset even a total loss of US goods.
Temu customers in the U.S. hit with steep import charges due to tariffs
Chinese online retailer Temu, known for its ultra-low prices, is hitting U.S. customers with hefty import charges due to President Donald Trump’s trade war. Tariffs imposed by the Trump administration have in some cases more…
13 Big U.S. Companies That Are Owned by China
You might think some of America’s most recognizable brands are still all-American. But behind the logos, things have quietly changed. Over the past decade, Chinese companies have acquired some of the …
Chinese Manufacturers Flood TikTok To Subvert Trump’s Tariff Agenda
Chinese manufacturers are flooding TikTok with viral videos aimed at undermining President Donald Trump’s tariff crackdown, turning the platform into a digital battlefield over American trade policy.