U.S. Tariffs Trigger Sharp Slowdown at Major California Ports
Major California ports see sharp decline in shipping activity due to U.S. tariffs, risking jobs and increasing consumer costs.
Business
Comprehensive coverage of economic and business news worldwide, with a strong focus on Asia’s emerging markets, trends, and opportunities.
Read More
Chinese Auto Brands Accelerate in Mexico Amid Trade Shifts
Amid global trade tensions, Chinese automakers see rising demand in Mexico, driven by affordability and strategic expansion in emerging markets.
U.S. Farmers Grapple with Trade War Uncertainty Amid Tariffs
American farmers face economic uncertainty as U.S. tariffs and ongoing trade disputes disrupt global markets, threatening agricultural livelihoods.
China, U.S. Wrap ‘Constructive’ Trade Talks in Geneva
China and the U.S. conclude constructive trade talks in Geneva, with officials emphasizing mutual progress and economic collaboration.
California Governor Warns ‘Code Red’ as Tariffs Slam Ports, Trade
California’s governor warns high tariffs have triggered a ‘code red’ economic emergency, with major ports seeing cargo volumes drop up to 60% amid policy instability.
US-UK Trade Deal Faces Major Uncertainties, Expert Warns
Expert analysis reveals major uncertainties in US-UK trade pact, warning of potential tariff reversals and national security disputes impacting global markets.
China Intensifies Crackdown on Strategic Mineral Smuggling
China launches nationwide campaign against strategic mineral smuggling to protect supply chains and national security, involving multiple enforcement agencies.
Japan’s PM Pushes for Zero Tariffs in US Trade Talks
Japanese PM Shigeru Ishiba advocates for eliminating all tariffs in US trade negotiations, emphasizing economic benefits for both nations amidst ongoing discussions.
US Small Businesses Grapple With Tariff Pressures Amid Economic Uncertainty
A CNBC survey reveals 66% of US small businesses feel tariff impacts, with 70% predicting recession risks and 51% bracing for future trade policy challenges.
China’s Auto Market Booms as EVs Capture Over Half of Sales
April 2025 saw China’s auto market surge by 14.5%, with EVs exceeding half of all passenger car sales for the first time. Explore the drivers behind this shift.
China-Brazil Economic Ties Drive EV and Infrastructure Growth
China-Brazil strengthen economic ties with focus on electric vehicles, infrastructure, and renewable energy, boosting regional growth and sustainable development.
China-US Engagement Crucial for Building Consensus, Scholar Argues
Scholar emphasizes China-US dialogue’s pivotal role in addressing global challenges, fostering economic collaboration, and stabilizing bilateral relations.
Global South Nations Unite Amid Rising Trade Pressures
New US tariffs strain Latin America’s fragile recovery, sparking calls for stronger Global South economic collaboration to counter trade pressures.
US Tariff Strategy Against China ‘Fundamentally Implausible’: Economist
Economist Guan Qingyou argues US tariff efforts to contain China’s manufacturing growth are ‘bound to fail,’ citing economic interdependency and innovation.
Global Poll: Trade with China Outpaces U.S. in Public Approval
A CGTN survey reveals over 51% of global respondents see more benefits in trade with China compared to the U.S., amid widespread criticism of American economic policies.
Clash Over China Trade: U.S. Job Data Under Scrutiny in New Report
A new report disputes U.S. claims about Chinese imports causing millions of job losses, highlighting automation and economic shifts as key factors in employment changes.
Chinese Brands Lead Global Innovation Shift
China’s annual Brand Day reveals transformative shifts as domestic brands challenge global standards and reshape cultural exports through tech innovation and Gen Z engagement.
China’s Consumer Prices Rebound in April as Inflation Pressures Ease
China’s consumer inflation shows signs of recovery in April, while producer prices face deepening declines, signaling mixed economic trends.
Nvidia Adapts H20 Chip for Chinese Market Amid US Export Controls
Nvidia plans a modified H20 AI chip for China by July after US export restrictions blocked the original model, aiming to retain its key market share.
Poll Reveals Global Trust Shift: China Seen as More Reliable Trade Partner Than US
New poll shows UK and US respondents view China as more reliable than the U.S. in trade, citing Trump-era unpredictability as key concern.