Amid slowing global sales and store closures in China, Ikea has high hopes for India.
China pushes for Iran peace talks amid its deepening Middle East dilemma
China is pushing for a negotiated solution to a crisis that threatens its economic and strategic interests across the Middle East.
Trump to visit China in mid-May
President Donald Trump has rescheduled his summit with Chinese counterpart, Xi Jinping, for May 14 to 15, the White House announced Wednesday. The summit, originally scheduled for March 30, was …
Foreign business leaders reaffirm confidence in China as source of certainty in turbulent world
Business leaders from nearly 100 multinationals around the world that gathered in Beijing for the China Development Forum (CDF) 2026 have sent a clear message: in a world marked by overlapping …
Trump’s ambivalence on Taiwan opens a historic opportunity for China
Deterring an attack on the island has been a bedrock American policy for 75 years. Xi Jinping sees a chance to change that.
Trump Had His Eye on China, Then Plunged Into a New Mideast War
The Trump administration said the Middle East would “recede” in importance as the China challenge took priority. But the president started the Iran war.
China’s Largest Shipper Reopens Cargo Bookings From Asia to Middle East
Cosco, China’s largest shipping company, said it had restarted container-ship bookings between Asia and the Gulf region, where Iran has managed to all but stop the flow of ships. The state-owned compa
Temu-owner PDD misses estimates amid China competition squeeze, global uncertainty
By Kritika Lamba and Casey Hall March 25 (Reuters) – Temu-owner PDD Holdings fell short of quarterly revenue and profit estimates on Wednesday and warned that increasing competition at home, combined with global uncertainty,
China’s Top Shipping Firm Resumes Trips to Middle East Amid Iran War
COSCO, China’s biggest shipping line, will resume deliveries to the Persian Gulf for the first time since early March, it said in a notice to customers on Wednesday. The state-owned company, which …
China’s Wang Yi pushes Iran to talk with US about ending war
Chinese Foreign Minister Wang Yi urged his Iranian counterpart to engage in negotiations as soon as possible with the US to end the war, according to a government statement on Tuesday.