Alibaba Group Holding Ltd.’s quarterly revenue grew a disappointing 7 percent, reflecting a persistent Chinese consumer malaise that may dog the online commerce leader’s big …
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China
US to Slash Tariff on Small China Parcels From 120% to 54%
The US has announced it is slashing the tariff on small parcels sent from mainland China and Hong Kong to the US from 120 percent …
US and China Reach Deal to Slash Tariffs
The United States and China have agreed a deal to temporarily slash reciprocal tariffs as the world’s two biggest economies seek to end a damaging …
US, China Cite ‘Substantial Progress’ in Geneva Trade Talks
The US and China both reported “substantial progress” after two days of talks in Switzerland aimed at de-escalating a trade war, marking what Chinese Vice …
US and China Holding Talks on Trade War, Trump Says After Beijing Rebuttal
The US and China held talks on Thursday to help resolve the trade war between the world’s two largest economies, Donald Trump said. “We may …
China Says US Should Revoke Unilateral Tariffs, Denies Talks
China demanded that the US revoke all unilateral tariffs and denied there were talks on reaching a trade deal, maintaining a defiant stance despite President …
China trolls America with ‘Made in US’ luxury goods from their factories
As millions of businesses cop the heat of the US tariff war, Chinese manufacturers are pushing back against the gratuitous world of consumerism from which …
China Pledges to Help Tariff-Hit Exporters Find Local Buyers
China vowed to use its big market to help companies cope with “external shocks” — a sign officials are eager to ensure exporters navigate the …
Temu, Shein Slash Digital Ads as Tariffs End Cheap Shipping From China
Chinese online marketplace Temu and fast-fashion retailer Shein, two of the biggest advertisers on US social media, are sharply cutting their US digital ad spending, …
Nike Set to Build Out New Shanghai Studio in China Push
Nike Inc. is opening a new creative studio in Shanghai as the world’s largest sportswear company pumps investment into one of its most crucial markets. …
China Suppliers Mock Tariffs With Nike, Lululemon Deals on TikTok
TikTok users in the US are being inundated with videos from Chinese influencers encouraging American buyers to overcome punitive Trump tariffs by buying direct from …
Report: Shein Gains UK Approval for London IPO, Awaits China Nod
Online fast-fashion retailer Shein has secured approval from Britain’s Financial Conduct Authority (FCA) for its planned initial public offering in London, according to two sources …
Trump Sees ‘Transition Problems’ With China Tariffs at 145%
President Donald Trump said his tariffs may cause “transition problems” but expressed confidence in his plan, after the White House clarified US tariffs on China …
Trump Threatens 50% More China Tariffs, Teases Talks With Others
President Donald Trump threatened to slap additional 50 percent import taxes on China, while readying negotiations with Japan and Israel, leaving markets struggling to grasp …
Report: China Advises Shein Against Shifting Supply Chain
Fast-fashion retailer Shein is facing opposition from the Chinese government over its plans to shift some production out of the country, Bloomberg News reported on …
Trump Threatens 50% More China Tariffs, Teases Talks With Others
President Donald Trump threatened to slap additional 50 percent import taxes on China, while readying negotiations with Japan and Israel, leaving markets struggling to grasp …
LVMH Names New CEOs at Fendi, Louis Vuitton China and Kenzo
LVMH is making leadership changes at three of its fashion houses. Ramon Ros has been named CEO of Fendi, where LVMH hopes he will “elevate …
Trump Extends TikTok Sale Deadline by 75 Days, Vows to Work With China
President Donald Trump on Friday extended by 75 days a deadline for Chinese technology company ByteDance to sell US assets of popular short video app …
China Retaliates Against Trump in Trade War With 34% Tariffs on US Imports
Stock markets around the world plunged for a second day on Friday as China announced retaliatory tariffs of 34 percent on US imports, signalling a …
Trump Signs Order Ending Duty-Free Treatment for Cheap Shipments From China
US President Donald Trump signed an executive order on Wednesday that closes a trade loophole known as “de minimis” that has allowed low-value packages from …