China's economy expanded at a slightly faster-than-expected pace in the second quarter of 2025, surpassing Beijing’s full-year target of 5%. This stronger performance has eased immediate pressure on...
Zhu Guangyao, China's Vice Minister of Finance, told Bloomberg that the U.S. can't expect China to accept its proposals unconditionally.
The moves are in response to an escalating trade war between the U.S. and China, which will likely make imports and exports between the two nations unviable.
In tit-for-tat moves, both nations have raised their duties in the past 10 days, and additional U.S. duties on Chinese goods now stand at 145%.
In the recent week, the U.S. has imposed an additional 145% tariff on Chinese goods; China has slapped an 84% retaliatory tariff on American imports.
In tit-for-tat moves, China announced 34% tariffs on U.S. imports to the country, and the U.S. bumped the additional tariff rate to 84% on Chinese goods.
The move is also a blow to fellow Chinese e-commerce firm Shein, which is currently privately owned.
Wall Street experienced massive volatility in the first quarter of 2025, largely due to trade uncertainty under the new Trump administration. This sparked concerns about rising inflation, a slowing U.S....
Chinese technology stocks have experienced a steep decline lately, erasing gains from a three-year high in just five sessions. The Hang Seng Tech Index dropped as much as 4.1% on March 25, 2025, marking...
AI is the new avenue for faceoffs between global tech giants, and where Alibaba and Chinese firms broadly have made significant strides in the recent past.