China's NEV sales continue to surge, reaching 686,000 units in February
China's new energy vehicle (NEV) market saw impressive growth in February, with sales hitting 686,000 units. This increase highlights the country's strong push toward electrification, driven by government incentives, improved infrastructure, and growing consumer demand.
China imposes retaliatory tariffs on U.S. agricultural products amid escalating trade tensions
China announces additional tariffs of 10% to 15% on U.S. agricultural products, effective March 10, 2025, in response to increased U.S. tariffs. Analysts warn of potential global economic disruption.
Estée Lauder and L’Oréal face setbacks as Chinese beauty brands gain ground
Estée Lauder and L’Oréal are facing challenges in the Chinese market as local beauty brands gain popularity. Rising competition, shifting consumer preferences, and economic factors have impacted sales, forcing global cosmetics giants to adapt their strategies.
EU eyes Trump partnership against China’s trade policies
The EU aims to collaborate with Trump to address China's "non-market policies," as trade tensions rise. It is also considering protective measures to shield key industries from foreign competition.
Wang Yi calls for stronger China-India ties amid global uncertainty
Chinese FM Wang Yi urges stronger China-India ties, emphasizing trust and collaboration amid global challenges. As economic giants and neighbours, their cooperation could shape Asia's future.
CIA's shift to lab leak theory on COVID-19's origins sparks global debate
The CIA now concludes COVID-19 is "more likely" to have originated from a Wuhan lab, though with "low confidence." This aligns with the FBI and DOE, sparking renewed debate as China rejects the claim. The origins remain contested, influencing global health and diplomacy.
China’s spring festival box office sales surpass 600 million Yuan
China’s Spring Festival box office surpasses 600 million yuan, highlighting cinema’s central role in Lunar New Year celebrations and the resilience of the country’s film industry.
China bans livestock imports due to disease concerns
China bans livestock imports from multiple countries, citing disease outbreaks, to protect its agriculture and public health, impacting global trade and export-dependent nations.
China's GDP reaches record 134.9 trillion yuan in 2024, expanding 5%
China’s GDP grew 5% in 2024, reaching a record 134.9 trillion yuan ($18.77 trillion). While meeting government targets, growth remains one of the slowest in decades amid economic challenges, trade tensions, and skepticism over official data.
Xie Feng: China’s economic resilience and call for US collaboration
Chinese Ambassador Xie Feng emphasized China’s economic resilience and called for collaboration between China and the U.S. to ensure mutual security and prosperity.
China's economic response to US trade tensions: Borrowing and rate cuts
In response to escalating trade tensions with the United States, China has unveiled a series of measures aimed at bolstering its economy, including increased borrowing and further interest rate cuts. These steps reflect Beijing’s determination to stabilize growth and shield itself from the impact of
TikTok faces U.S. ban deadline amid data privacy concerns and geopolitical tensions
U.S. lawmakers have given TikTok a January 19 deadline to comply with new measures or face removal from app stores due to data privacy and national security concerns, highlighting geopolitical tensions surrounding the short-video app.
Trump’s 2024 Cabinet Hints at Aggressive Stance on Asian Trade
As Donald Trump gets ready to take office soon, his cabinet picks signal a renewed focus on trade relations with Asia. With a blend of hawkish policymakers and market-oriented figures, Trump’s team suggests a dual strategy aimed at confronting China while leveraging American economic influence
China boosts energy ties with Turkmenistan
China’s Foreign Minister Wang Yi has expressed a strong commitment to expanding energy cooperation with Turkmenistan, a move that underscores the growing strategic importance of Central Asia in China's energy security and foreign policy.
Volkswagen sells Xinjiang plant to focus on strategic growth in China’s evolving automotive market
Volkswagen, a key player in the global automotive industry, has finalized the sale of its manufacturing plant and testing facilities in Xinjiang, China, marking a significant shift in its operational strategy.
Biden's Angola Visit - A strategic move in the US - China rivalry
President Joe Biden's December 2024 visit to Angola marks a significant milestone in U.S - Africa relations, positioning Angola as a pivotal player in the broader rivalry between the two countries.
China's Shrinking Population Crisis is a growing concern for long-term economic stability
In a landmark address, Chinese President Xi Jinping spoke about the pressing issue of China’s shrinking population, a demographic challenge that threatens to undermine the nation’s economic future.
Some think tanks anticipate further deterioration in U.S.- China relations since the election
Analysts say that when U.S. President-Elect Donald Trump takes office in January, tension areas are expected in trade, technology and geopolitical conflicts.
China-Europe Freight Train Service - Boosting Global Trade and Connectivity
More than 100,000 trains have completed their journeys on the China-Europe freight train service since it began in 2011. This service is part of China's Belt and Road Initiative (BRI) and connects more than 200 cities across 25 European countries.
You can download the AnewZ application from Play Store and the App Store.
