China News Updates

Government, Business

China Official Says Talks Impossible With 鈥楿S Holding Knife鈥

BEIJING 鈥 China cannot hold talks with Washington on ending their escalating trade dispute while the United States 鈥渉olds a knife鈥 to Beijing鈥檚 neck by imposing tariff hikes, a Chinese official said Sept. 25.

September 25, 2018
Government, Business

Trump to Back $200 Billion China Tariffs as Early as Next Week, Sources Say

President Donald Trump wants to move ahead with a plan to impose tariffs on $200 billion in Chinese imports as soon as a public comment period concludes next week, according to six people familiar with the matter.

August 30, 2018
Government, Business

Trump in No Hurry to Resume Tariff Talks With China

The Trump administration is putting trade negotiations with China on the back burner while focusing first on resolving issues in the North American hemisphere, reaching a breakthrough agreement between the United States and Mexico.

August 28, 2018
Government, Business

China Says It Will Match 25% Tariff on $16 Billion of US Goods Aug. 23

China confirmed that it will impose 25% additional tariffs on $16 billion worth of imports from the United States from Aug. 23, matching an earlier move from Washington in another ratchet higher for the trade war between the nations.

August 8, 2018
Government, Business

Trump鈥檚 Tariff Barrage Pushes China Fight to Point of No Return

U.S. President Donald Trump is pushing his trade conflict with China toward a point where neither side can back down.

July 12, 2018
Government, Business

Here鈥檚 Where China Stands as Hour of US Tariffs Approaches

The world鈥檚 two largest economies are set to slide deeper into a trade conflict July 6 that鈥檚 roiled markets and cast a shadow over the global growth outlook.

July 5, 2018
Business, Technology, Equipment, Logistics

China鈥檚 Uber for Trucks Is Said to Raise $1.9 Billion in Funding

Full Truck Alliance Group, China鈥檚 biggest app for Uber-like truck services, raised $1.9 billion in funding to fuel its expansion, sources familiar with the matter said.

April 25, 2018
Business, Technology, Equipment

Analysis: Recent Merger in China May Herald a Revolution in Hauling Freight

On Nov. 27, China鈥檚 two largest apps for delivering Uber-like services for truckers and cargo owners agreed to merge. The resulting $2 billion behemoth is likely to reduce delays, cut down on pollution and improve life for the country鈥檚 30 million truck drivers.

December 1, 2017
Business, Technology, Equipment, Logistics

China鈥檚 Biggest Uber-for-Trucks Apps in Talks to Merge

Wang Gang, a backer of Yunmanman and an angel investor in ride-hailing giant Didi Chuxing, is the top candidate to become CEO if the companies merge, officials said, asking not to be identified because the information is private.

November 13, 2017
Business, Technology, Logistics

China鈥檚 Uber-for-Trucks Apps Trade Barbs as Battle Turns Toxic

Harassing phone calls, spam text messages and police investigations 鈥 the fight between China鈥檚 Uber-for-trucks apps is getting nasty.

October 26, 2017