US sportswear giant Nike is facing mounting challenges in China, its second largest market outside North America, as declining sales and operational missteps expose deeper execution issues. The company has recorded multiple consecutive quarters of decline in the region, highlighting difficulties in adapting
Two container vessels operated by COSCO have successfully passed through the Strait of Hormuz after a second attempt, signaling a cautious return of commercial shipping activity in one of the world’s most critical energy and trade corridors. The ships had previously turned back
Chinese artist Gao Zhen has been placed on trial in northern China over allegations of defaming national heroes, in a case that has drawn attention from international observers and rights organizations. The proceedings were held behind closed doors at a court in Hebei
Germany’s leadership has opened the door to a potential future trade agreement between the European Union and China, reflecting a subtle but notable shift in Europe’s approach toward Beijing. Chancellor Friedrich Merz indicated that closer economic cooperation could be considered over the long
China has signaled it may take retaliatory action against Mexico following a formal review of tariffs imposed on a wide range of Chinese goods, intensifying tensions between the two economies. The dispute centers on import duties introduced by Mexico earlier this year, which
Shares of Chinese short video platform Kuaishou fell sharply in Hong Kong trading despite reporting solid quarterly results, reflecting rising investor concerns about the company’s growth trajectory and profitability. The stock dropped more than 13 percent to around HK$45.96, highlighting a disconnect between
Hong Kong’s TVB reports a US$7.5 million profit, ending seven years of losses as costs fall and cross border growth lifts revenue momentum.
Shares of China’s leading food delivery platforms jumped sharply after regulators and state media signaled a push to end prolonged price wars that have weighed heavily on profitability across the sector. Meituan led gains in Hong Kong trading, rising more than 12 percent
China has called on Japan to conduct a full investigation and impose strict punishment following an incident in which a member of Japan’s Self Defense Forces allegedly breached the Chinese embassy compound in Tokyo. The case has raised diplomatic concerns, with Beijing stating
Taiwan is closely monitoring China’s military and political posture amid concerns that Beijing could exploit shifting United States attention toward the Middle East conflict to increase pressure in the Taiwan Strait. Officials in Taipei have flagged renewed Chinese air force activity near the
