China Business & Economy

By revoking China’s trade status, imports would not be subject to the United States’ standard tariff rates, which are the lowest of all WTO members.

The popular shopping app could face EU penalties if it failed to address the potentially misleading sales practies.

South Korean lawmakers proposed subsidies, allowance for more overtime in anticipation of China’s slashing prices in a way that will edge out Korean rivals.

China focuses on addressing local governments’ hidden debts, while it braces for the impact of a second Trump term.

The European Commission said its investigation into state subsidies received by Chinese EV manufacturers fully adheres to WTO guidelines.

They noted that the Chinese Communist Party places ‘intelligence and military operatives’ within China-based companies.

China’s sluggish economy is causing ticket prices to fall, hitting airlines’ bottom line.

The new duties will take effect on Oct. 30 and will remain in place for the next five years.

Job applications in the public sector have hit a record high amid China’s unemployment crisis and gloomy economy.

BRICS currently accounts for 45 percent of the world’s population and 35 percent of the world’s economy in terms of purchasing power.

If no consensus is reached, the new duties on China-made EVs will kick in on Oct. 31.