Beijing
Trump digs in on high China tariffs ahead of trade talks
U.S. President Donald Trump speaks during a swearing-in ceremony for the new U.S. ambassador to China, former U.S. Senator David Perdue, at the White House in Washington, D.C., U.S., May 7, 2025. Leah Millis | Reuters President Donald Trump said Wednesday he would not consider lowering the United States’ 145% tariffs on China in order […]
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Trade fight is an opportunity to invest in emerging markets, including China, Ariel’s Phillpotts says
Despite simmering trade conflict between China and the U.S., Beijing is still an attractive market in which to invest, according to Ariel Investments emerging market equities portfolio manager Christine Phillpotts. “What’s important to note is that U.S. exports from China to the U.S. are less than 3% of Chinese GDP, they have massively declined over […]
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Chinese factories are stopping production and looking for new markets as U.S. tariffs bite
Textile manufacturing workers in Binzhou, Shandong, China, on April 23, 2025. Nurphoto | Nurphoto | Getty Images BEIJING — Chinese manufacturers are pausing production and turning to new markets as the impact of U.S. tariffs sets in, according to companies and analysts. The lost orders are also hitting jobs. “I know several factories that have […]
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China pledges to ramp up targeted support for businesses as U.S. trade war hits
Chinese President Xi Jinping attends the opening session of the National People’s Congress (NPC) at the Great Hall of the People in Beijing, China, March 5, 2025. Florence Lo | Reuters BEIJING — China plans to help struggling businesses with targeted measures in the face of “increased external shocks,” according to a readout of a […]
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China says no ongoing trade talks with the U.S., calls for canceling ‘unilateral’ tariffs
Steel piled up at Guoyuan Port in Chongqing, China, on April 20, 2025. Cfoto | Future Publishing | Getty Images BEIJING — China on Thursday said that there were no ongoing discussions with the U.S. on tariffs, despite indications from the White House this week that there would be some easing in the tensions. “At […]
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From seaweed burgers to ‘upcycled’ potato chips, the high-end food industry is going ‘nature positive’
Nibs, etc. granola on sale at U.K. grocery store Waitrose. Waitrose Wasted food is a big problem. More than 1 billion tonnes was thrown away in 2022 by households, retailers and food service companies, according to figures published by the U.N.’s Environment Program in 2024. It’s expensive too: The World Bank estimated that lost or […]
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Chinese EV giant BYD expands in Europe with premium brand launch
Key Points Chinese electric car giant BYD is pushing ahead into Europe by launching its premium Denza brand in the region, despite rising trade tensions. The first model, the Z9GT, is set to arrive in European showrooms in the fourth quarter of 2025, BYD said Wednesday around Brera Design Week in Milan. BYD initially formed […]
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Chinese consumer companies signal spending is picking up again
Shoppers line up to shop at a Laopu Gold outlet in Deji Plaza in Nanjing, China, on Feb. 21, 2025. Fang Dongxu | Feature China | Future Publishing | Getty Images BEIJING — Chinese companies’ latest earnings reports point to an improvement in consumer spending, though it’s not necessarily back to pre-pandemic levels. E-commerce giants […]
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Pro-Trump senator meets Chinese Premier Li with U.S. executives
Chinese Premier Li Qiang (R) greets Pfizer CEO Albert Bourla from a delegation led by US Senator Steve Daines before a meeting held in the Fujian Room at the Great Hall of the People in Beijing on March 23, 2025. Ng Han Guan | Afp | Getty Images U.S. Republican Senator Steve Daines met Chinese […]
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British pharma giant AstraZeneca to invest $2.5 billion in new China hub
Outside the Macclesfield factory of AstraZeneca. Christopher Furlong | Getty Images News | Getty Images British pharmaceutical giant AstraZeneca on Friday said that it will invest $2.5 billion in a research and development center in Chinese capital Beijing. The new hub is expected to take AstraZeneca’s Beijing workforce to around 1,700 employees. Don’t miss AstraZeneca’s CEO […]
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