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China’s retail sales growth unexpectedly accelerated as the economy rode out the tariff rollercoaster in May, offering a confidence boost to Beijing as it stares down the threat of a prolonged trade war with the US.
5hon MSN
China has reported a mixed economic performance in May, as retail sales jumped while factory output slowed in the face of higher U.S. tariffs.
From supply chain competition between Beijing and Washington to domestic consumption picking up in China, here’s a round-up from today’s coverage.
Boeing Co. delivered its first aircraft to a Chinese airline customer since President Donald Trump unleashed a wave of tariffs in early April, a sign of rapprochement as Washington and Beijing look to ease tensions.
China's overseas express delivery packages maintained robust growth momentum of more than 10 percent year-on-year in May, despite the pressure of US tariffs, the latest official statistics showed on Monday.
John Hamer, president of Rodgers Wade Manufacturing in Paris, Texas, makes store fixtures for big retailers like Ross Dress for Less and Ulta Beauty. He sources many of the goods from China, which until recently meant he paid 70% in tariffs on metal fixtures.
By Lisa Baertlein LOS ANGELES (Reuters) -Imports to the busiest U.S. seaport at Los Angeles dropped 9% year-on-year in May and could remain muted through the remainder of 2025, after companies responded to President Donald Trump's 145% tariffs on China by canceling or putting holds on shipments,
The United States finalized a trade deal with China on Thursday that will see tariffs on Chinese imports fall to 55 percent (from 145 percent) and Chinese