China’s manufacturing drops in April as US trade war impact starts to show
Wednesday, 30 April 2025 () China's manufacturing sector shrank in April, reversing a strong March performance, as new US tariffs and weak domestic demand weighed heavily on the economy. With the Purchasing Managers’ Index falling below the growth threshold, experts say the trade war with the US and ongoing property troubles are making China’s recovery from the pandemic more difficult.
U.S. Treasury Secretary Scott Bessent declined to confirm direct tariff negotiations with China, suggesting that Beijing faces severe economic fallout if current trade barriers persist. Speaking to reporters, Bessent cited potential Chinese job losses in the millions and argued that the U.S. trade...
Tariff War: Treasury Secretary Scott Bessent addressed pressing concerns about supply chain shocks and progress on trade deals with key Asian allies. Amid declining Chinese cargo shipments, Bessent..
US President Donald Trump made waves on April 27, claiming that Ukrainian President Volodymyr Zelensky is ready to give up Crimea, a statement that contradicts Ukraine’s position on the..
The White House commented on reports over US President Donald Trump's possible deal with China's Xi Jinping over tariffs amidst the escalating trade war.
Beijing (AFP) April 30, 2025
China's factory activity shrank this month, official data showed Wednesday, with Beijing blaming a "sharp shift" in the global... Energy Daily
TOKYO -- China's manufacturing activity contracted in April, reversing an expansion recorded in the previous two months, as the trade war with the U.S. started... Upworthy
For the first time in three months, China's manufacturing activity contracted in April, amid escalating trade tensions with the United States. With the fall of... Upworthy