The drop-off in bookings could lead to empty store shelves this summer as retailers deem China-made goods too expensive to import.
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Analysis-China ramps up global yuan push, seizing on retreating dollar
SHANGHAI/SINGAPORE (Reuters) -As Chinese President Xi Jinping toured Southeast Asia this month to forge closer ties against higher U.S. tariffs, the People’s Bank of China was seizing a moment of …
Green Tea Group secures HKEX approval for IPO
Mainland China restaurant chain the Green Tea Group has secured approval from the Hong Kong Stock Exchange (HKEX) for an initial public offering (IPO) on its fifth attempt in four years. The company, …
China Relies on Robots to Offset Tariffs: ‘A Machine Can Work 24 Hours’
The NYT reports that Chinese manufacturers are keeping export costs low despite rising tariffs by relying on robots that can operate nonstop.
AstraZeneca faces fresh China import tax fine of up to $8 million
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…
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…
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