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A construction worker builds petrochemical equipment parts at Lanshi Heavy Machinery Co., LTD., Hongshiya Street, in Qingdao, China, on October 31, 2024. (Photo by Costfoto/NurPhoto via Getty Images)
Costfoto/NurPhoto/Getty Images/File
China is armed and ready for trade war 2.0 with Donald Trump
Zhong Shanshan, founder of bottled water company Nongfu Spring, pictured in 2013
Zhan Min/VCG/Getty Images
China’s richest man blasts tech giants and government inaction in rare rebuke
View of the production line of the 100% electric Ford Explorer at the Ford Electric Center Factory in Cologne, western Germany, June 4, 2024.
Roberto Pfeil/AFP/Getty Images/File
Ford to cut 4,000 jobs in Europe
President-elect Donald Trump at the PPG Paints Arena in Pittsburgh on November 4.
Evan Vucci/AP
The $50 trillion guardrail on Trump
Boxes of Wegovy move along a packaging line at Novo Nordisk's facility in Hillerod, Denmark, March 8, 2024.
Tom Little/Reuters
Weight-loss drug Wegovy launched in China
Picket signs outside the Boeing factory in Renton, Washington. The eight-week strike at the company ended when workers voted to accept a new four-year contract at Boeing on November 4.
M. Scott Brauer/Bloomberg/Getty Images
Boeing got the easy part done. Now comes the tougher, existential problems
Nissan shares slump after it announces 9,000 job cuts and a plan to slash production
Steve Madden just drastically changed its business to avoid Trump’s tariffs
China approves $1.4 trillion debt package in latest measure to boost flagging economy
Why Trump’s return could spark another bout of inflation and delay interest rate cuts
You will pay for Donald Trump’s tariffs. Here’s proof
Chinese EV maker BYD’s revenue beats Tesla for first time
TikTok’s founder is now China’s richest person. But the country’s total number of billionaires has shrunk
HSBC names first female chief financial officer, unveils a major overhaul
‘Really squeezed’: Why drivers in the world’s largest food delivery market are having meltdowns
Intel is a security risk for China, says influential industry group

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--FILE--Zhong Shanshan, Chairman of Nongfu Spring Co., Ltd., delivers a speech at a press conference in Beijing, China, May 6, 2013. Shares of Chinese bottled water giant Nongfu Spring surged more than 85% in their debut on the Hong Kong stock market. The stock opened at 39.80 Hong Kong dollars per share ($5.14), more than 85% higher than its initial public offering price of 21.50 Hong Kong dollars ($2.77). *** Local Caption *** fachaoshi (Photo by Jiang Xin/ChinaImages/Sipa USA)
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More news on China business and economy

A man walks on a pedestrian bridge past residential buildings in Beijing, China, on October 16, 2024.
Florence Lo/Reuters
China pumps half a trillion dollars into beleaguered property sector. But that’s not enough
Trump is doubling down on an unprecedented trade agenda that would, almost by definition, raise the price of imported goods from around the world.
Mario Tama/Getty Images
Ignore the word ‘tariff’ — Trump is pitching higher taxes
Employees work at a Foxconn factory in Henan province's Zhengzhou in 2021.
Visual China Group/Getty Images
Apple supplier employees detained in ‘strange’ case in China
A group of young women take selfies in front of Chongqing's People’s Great Hall during the National Day Golden Week holiday on October 5, 2024, in Chongqing, China.
Cheng Xin/Getty Images AsiaPac/Getty Images
Investors went wild for China during its big holiday. But Chinese shoppers showed little of that optimism
China has decided to penalize brandy from Europe.
Edmond So/South China Morning Post/Getty Images
China penalizes European brandy in tit-for-tat response
Shoppers on Nanjing East Road in Shanghai, China, on October 2, 2024.
Qilai Shen/Bloomberg/Getty Images
China gives $28 billion to local governments as it vows to meet economic targets
Shoppers on Nanjing East Road in Shanghai, China, on October 2, 2024.
Qilai Shen/Bloomberg/Getty Images
China’s economy is in bad shape. Can its ‘whatever-it-takes’ stimulus effort turn things around?
DETROIT, MI - JUNE 10: A 2021 Jeep Grand Cherokee L goes through assembly at the Stellantis Detroit Assembly Complex-Mack on June 10, 2021 in Detroit, Michigan. The plant is the first new auto assembly plant in Detroit in thirty years, and will manufacture the 2021 Jeep Grand Cherokee L. (Photo by Bill Pugliano/Getty Images)
Bill Pugliano/Getty Images
Stellantis shares plunge as carmaker follows Volkswagen in warning on profits
A BYD dealership in Beijing, Chin pictured on August 27
Na Bian/Bloomberg/Getty Images
BYD recalls top-selling EVs because of steering component problem
National flags are displayed in the streets of of Nanjing to celebrate the 75th anniversary of the founding of the People's Republic of China.
CFOTO/Future Publishing/Getty Images
Communist China is celebrating its 75th birthday and its stock market is soaring. But not everyone is in the party spirit
Bernard Arnault, chairman and CEO of LVMH Moet Hennessy Louis Vuitton, speaks during the company's annual shareholders meeting in Paris on April 18.
Sarah Meyssonnier/Reuters/File
French tycoon gains $17 billion from China’s economic stimulus push
American multinational clothing fashion brand Tommy Hilfiger store and fashion brand store Calvin Klein Jeans are seen at a shopping mall in Hong Kong.
Budrul Chukrut/SOPA Images/LightRocket/Getty Images
China threatens sanctions on Calvin Klein owner over Xinjiang cotton boycott
Louis Vuitton is one of the most sought after luxury brands in China.
SOPA Images/LightRocket/SOPA Images/LightRocket via Gett
Goodbye Louis Vuitton. China’s Gen Z leans into ‘dupe economy’ as growth prospects stall
US Commerce Secretary Gina Raimondo.
Elizabeth Frantz/Reuters/File
US proposes ban on smart cars with Chinese and Russian tech
A couple sit together as they fish along a canal on April 12, 2024 in Beijing, China.
Kevin Frayer/Getty Images
Divorce is on the rise in China. For some, that means big business
Airbus SE A350 aircraft operated by Cathay Pacific on the tarmac at Hong Kong International Airport in Hong Kong, China, on September 3, 2024.
Yik Yeung-man/Bloomberg/Getty Images
Hong Kong investigators say Cathay Pacific’s A350 engine defect could cause ‘extensive’ damage
The TikTok application for download in the Apple App store. A three-judge panel will hear the case for and against the US ban on the social media app and decide, likely in a matter of weeks, whether the law is constitutional.
Gabby Jones/Bloomberg/Getty Images
TikTok just had the most important two hours of its life
NANJING, CHINA - OCTOBER 25, 2023 - Aerial photo shows an Evergrande residential complex in Nanjing, Jiangsu Province, China, Oct 25, 2023. As of afternoon Beijing time, Evergrande shares were trading at just HK $0.23. Evergrande's shares have fallen 86 per cent since they resumed trading in late August. (Photo by Costfoto/NurPhoto via Getty Images)
Costfoto/NurPhoto/Getty Images
China fines PwC $62 million for its role in the Evergrande collapse
Hansen, left, and his wife Momo pose for a photo with their dogs in Beijing.
Justin Robertson/CNN
China could soon have more pets than toddlers. Why that’s a headache for Beijing
Fan Bao founder and CEO of China Renaissance speaks at the WSJD Live conference in Laguna Beach, California October 25, 2016.
Mike Blake/Reuters
A CEO went missing. Then his bank got a mysterious bill for $11 million