China

News

Chinese Exports Show Growth

In March, China’s export activity showed growth that exceeded preliminary expectations regarding the dynamic of this indicator, as businesses frontloaded outbound shipments to avoid prohibitive tariffs from the United States.

News

China Raises Tariffs on US Goods

The head of the People’s Republic of China, Xi Jinping, in his first public comments on the escalation of the trade war with the United States, said that his country was not afraid.

News

Apple Takes Flight: 600 Tons of iPhones Airlifted from India to Outsmart New Tariff Policies

Apple, which produces and assembles most of its iPhones in China, has accelerated its production capacities in India, bringing about 1,5 million smartphones from the Indian manufacturing hub via aircraft cargo in less than a month.

Finance & Economics

Donald Trump Puts 90-Day Pause on Higher Tariffs

President of the United States Donald Trump on Wednesday, April 9, announced a 90-day pause on higher tariffs and at the same time increased levies on goods imported from China to 125%.

Fintech & Ecommerce

Weixin Pay Users to Receive Cross-Border Transfers From PayPal’s Xoom

PayPal’s money transfer service, Xoom, will enable Weixin Pay users to receive money directly into their Weixin Pay Wallet Balance or linked bank accounts through the partnership with Tenpay Global.

Finance & Economics

US Imposes New Tariffs on China

President of the United States Donald Trump intends on Wednesday, April 9, to impose huge levies of 104% on all goods imported from China.

News

China Demonstrates Readiness for Trade War

The decision by the head of the People’s Republic of China, Xi Jinping, to quickly take countermeasures against the United States in the area of trade after US President Donald Trump last week announced reciprocal tariffs on goods imported from the Asian country indicates Beijing’s readiness for a large-scale, intense and, in a sense, fundamental […]

Finance & Economics

China Imposes Reciprocal Tariffs on Imports of US Goods

China on Friday, April 4, announced retaliatory tariffs on goods imported from the United States, after the US imposed further measures to tighten its trade policy.

News

Markets React to New Tariffs

Any glimpse of hope left for the stock markets before U.S. President Trump’s announcement of new tariffs has vanished as the scale of the unveiled tariff plans took investors by surprise.

News

Walmart Reportedly Keeps Price Pressure on Suppliers

The media, citing insiders, published information according to which Walmart continues to push Chinese suppliers to cut prices as part of efforts to offset tariffs from the United States on imports of goods from the Asian country.

Science & Technology

China’s Zhipu AI Launches Free AI Agent

Chinese startup Zhipu AI, which operates in the artificial intelligence industry, launched a free AI agent on Monday, March 31, joining the wave of similar technological premieres in the increasingly competitive digital intelligence market of the Asian country.

News

China, Japan, South Korea to Jointly Counter US Tariffs

Last Sunday, March 30, China, Japan, and South Korea held their first economic dialogue in five years, reflecting the desire of these Asian countries to facilitate regional trade in preparation for countering the negative impact of tariffs from President of the United States Donald Trump.

Science & Technology

Huawei Revenue Increases to Near-Record High

Chinese technology giant Huawei on Monday, March 31, reported a sharp increase in its revenue last year amid the acceleration of the company’s core telecommunications and consumer businesses.

News

China’s Factory Activity Accelerates

In the current month, factory activity in China showed growth rates, which turned out to be the fastest in a year.

Finance & Economics

China Reportedly Warns US on Reciprocal-Tariff Reprisal

The media published information according to which China warned the United States of its intention to impose retaliatory trade measures against the US if Washington announces new reciprocal tariffs on goods imported from this Asian country next week.

Finance & Economics

China’s Industrial Profits Decrease

China’s industrial profits showed a decline in the first two months of the current year, as enterprises in this Asian country are currently facing constant deflationary pressures and external factors such as increasing tensions in the global trade space.