China claims labour day travel surge, but Netizens raise doubts over economic reality

[ad_1] Representative AI image (Credit: Meta AI) Tourism in China saw a notable rise with increased consumer spending during the five-day Labour Day holiday; however, Chinese social media users questioned these statistics, citing various economic issues and declining exports, according to Radio Free Asia (RFA), quoted by ANI.According to China’s ministry of transport data, daily […]

China’s Garment Factories Face a Tipping Point After New Tariffs

[ad_1] Liu Miao has sold clothing on Amazon to wholesale buyers in the United States for the past five years. That trade has come to an abrupt stop. Mr. Liu owns a small factory in Guangzhou, long the center of China’s highly competitive garment industry. He and other factory managers, already dealing with tight profit […]

Taiwan plans stricter rules for officials’ travel to China

[ad_1] Lai Ching-te, Taiwanese President (ANI) TAIPEI: Taiwan is weighing stricter controls on travel to China by legislators and elected officials, potentially requiring prior approval to prevent infiltration efforts by Beijing, a national security official said on Saturday, Taipei Times reported.The move comes amid growing concerns over the exposure of sensitive information through unofficial or […]

Tourist boats capsize in sudden storm in southwest China, leaving 9 dead and 1 missing

[ad_1] Rescue operations underway (AP) BEIJING: Four boats capsized in a sudden storm on a river in southwestern China, leaving nine dead and one missing, state media said Monday. More than 80 people fell into the Wu River when strong winds hit the scenic area in Guizhou province on Sunday afternoon, state broadcaster CCTV said. […]

Japan and China accuse each other of violating airspace around disputed East China Sea islands | World News

[ad_1] TOKYO : Japan and China are accusing each other of violating the airspace around the Japanese-controlled East China Sea islands that Beijing also claims. Japan’s Foreign Ministry issued a statement saying that it has protested to Beijing after a Chinese helicopter that took off from one of China’s four coast guard boats had entered […]

China signals openness to trade talks with US under condition that high tariffs must be removed

[ad_1] US and China are engaged in prolonged tariff dispute (Image: AP) China’s commerce ministry on Friday announced that Beijing is reviewing several key proposals from the Trump administration, signaling the openness to trade talks with the US under the condition that high US tariffs must be removed. The ministry has reaffirmed China’s willingness to […]

Temu halts shipping goods from China directly to US customers

[ad_1] Temu, the Chinese e-commerce giant, has stopped shipping products directly from China to US customers. Instead, all orders will now be fulfilled from warehouses within the United States, a company spokesperson confirmed Friday.The move comes following the closure of a provision that previously permitted Chinese-made products valued up to $800 to enter the United […]

How the End of a U.S. Tax Loophole Hurts Chinese Companies

[ad_1] A loophole that has allowed American shoppers to buy lots of cheap goods from mainland China and Hong Kong without paying tariffs and filling customs forms is closing on Friday. Meaghan Tobin, a correspondent for The New York Times covering business in Asia, explains. [ad_2] Source link

US reaching out to China for tariff talks: Beijing state media | World News

[ad_1] BEIJING: United States officials have reached out to their Chinese counterparts for talks on vast tariffs that have hammered markets and global supply chains, a Beijing-backed outlet said on Thursday citing sources.Punishing US tariffs that have reached 145 percent on many Chinese products came into force in April, while Beijing has responded with fresh […]

Cheap parcels from China will no longer be duty-free. Here’s what it means for buyers and sellers | World News

[ad_1] NEW YORK: Consumers can expect higher prices and delivery delays when the Trump administration ends a duty-free exemption on low-value imports from China Friday. The expiration of the so-called de minimis rule that has allowed as many as 4 million low-value parcels to come into the US every day – mostly from China – […]