Carmakers face tough time over US tariffs
Raise prices or cut into their margins, open or close factories: carmakers must soon make major decisions as the United States imposes stiff tariffs on imported vehicles. The 25-percent tariffs…
China, EU vow joint efforts to uphold multilateral trading
A container ship leaves Qingdao Port, Shandong province. The joint efforts of China and the European Union to uphold a rules-based multilateral trading system and promote trade liberalization will enhance…
For Rolls-Royce, nation ‘key to driving biz growth’
A Rolls-Royce turbine is displayed during a media tour ahead of the opening of the Hannover Messe in Hanover, Germany, March 30, 2025. British industrial conglomerate Rolls-Royce said while geopolitical…
China’s automakers post record sales figures
A customer inspects Leapmotor vehicles at a store in Yangzhou, Jiangsu province, in December. CHEN YANG/FOR CHINA DAILY The Chinese automotive market sustained its growth momentum as automakers posted record-breaking…
US tariff policies to hammer its consumers
Editor’s note: The United States’ recent announcement of a new round of tariffs policies has sparked strong criticism, with experts warning that US consumers will be ‘hammered’ heavily by it…
Policies on attracting investment unwavering
As the world grapples with rising unilateralism and protectionism, China said multilateralism is the inevitable solution to the challenges facing the world and the country’s door to the outside world…
Nestle completes acquisition of Hsu Fu Chi
A view of Nestle’s exhibition stand at the seventh China International Import Expo in Shanghai in November. CHINA DAILY Global food and drink company Nestle has acquired the remaining 40…
‘Nobody wins in a trade war,’ UN chief warns
UN Secretary-General Antonio Guterres (L) speaks during a press conference at the UN headquarters in New York, on Feb 28, 2025. UNITED NATIONS – UN Secretary-General Antonio Guterres warns that…
Child milk formula firms aim to meet parents’ needs
A consumer browses infant formula at a supermarket in Shanghai in January. CHINA DAILY China Feihe Ltd, a leading infant formula brand in China, announced on March 26 that it…
US tariffs may trigger supply chain turmoil
The United States’ “reciprocal tariff” policy may trigger disruptions to global industrial and supply chains, said industry associations, adding that such actions will harm the interests of businesses and consumers…