Beijing
More than half of the summer’s top trending travel destinations are in Asia
Asia is home to more than half of this summer’s top 15 emerging travel destinations, according to a report released Monday by the Mastercard Economics Institute. Tokyo and Osaka topped the list, which compared summer flight bookings for 2024 and 2025 to find the places experiencing the most growth in travelers. The ranking shows continued […]
Read More
China sees the U.S. trade deal as a huge win for Beijing
Chinese officials, influencers and state-run media on Monday were casting the initial trade agreement and 90-day tariff pause with the United States as a victory and a vindication of Beijing’s negotiating strategy. They’re arguing that their defiant public posture worked — and was a major reason they were able to strike a deal with U.S. […]
Read More
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 […]
Read More
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 […]
Read More
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 […]
Read More
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 […]
Read More
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 […]
Read More
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 […]
Read More
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 […]
Read More
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 […]
Read More