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Economy

Chinese markets up on Trump hints of possible deal to avert trade war

President Donald Trump's comments have raised hopes of a de-escalation in the trade war between the world's two largest economies. This has further strengthened the Chinese currency and stock markets, which have gained throughout the month amid the surprising launch of DeepSeek's AI model.

Economy

Inflation rises amid Lunar New Year spending but European stocks gain

China's inflation rose at its fastest pace in five months, driven by holiday spending, which is expected to be a continued source of encouragement for European consumer stocks.

Europe News

European Commission opens Shein probe and targets Chinese e-commerce giants

The Commission calls for stricter enforcement of consumer protection and environmental standards in online commerce in a new communication focusing on Chinese marketplaces; separately announcing an investigation into clothes giant Shein.

Economy

China's factory activity contracts ahead of Chinese New Year

China's most important festival, this year's public holidays will begin on Tuesday and continue until 4 February. It is the time when millions of people leave the cities to travel back home for a rare break with family.

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Economy

China orders funds to buy more shares to boost languishing markets

China's share markets hit their peak value before the 2008 global financial crisis and have stayed well below that level since. A lack of gains in share prices, along with falling housing prices, has discouraged Chinese families from spending, slowing consumer demand and economic growth.

Economy

China's manufacturing activity slows in December as trade risks grow

The Purchasing Managers' Index, based on a survey of factory managers, slipped to 50.1 in December from 50.3 the previous month, the National Bureau of Statistics said on Tuesday.

China

Euroviews. China’s new economic development offers fresh China-EU opportunities

China is ready to work with the EU to seize opportunities and meet challenges to pave the way for the next 50 years of China-EU relations and contribute our share to global peace, stability and prosperity, Ambassador Cai Run writes in a Euronews exclusive.

Economy

China's premier takes a swipe at tariffs, saying they hinder growth

Shares in Hong Kong jumped after a report on the meeting by the ruling Communist Party's Politburo said leaders would "implement more active fiscal policies and moderately loose monetary policies".

Business

BMW: German car maker's profits tumble as sales plunge in China

The iconic German car maker is the latest car manufacturer to be hit by falling sales, including in China, where sales were down by almost 30%.

Business

Hugo Boss faces sales target delays amid weak demand in China

The German luxury brand, Hugo Boss, has warned of potential delays in reaching its ambitious 2025 sales target due to tepid consumer demand, especially in China.

Business

Mercedes profit driven down as demand slows in Chinese market

The German automaker is pledging to cut costs through 'efficiency increases' after weak Chinese demand hits profits.

Business

Hermès bags support from super-wealthy despite China slowdown

The French firm is outflanking rivals LVMH, Kering, and Burberry as demand for handbags remains strong.

Economy

China: World's second-largest economy sees growth slowing

The economy has remained sluggish despite the lifting of Covid restrictions at the end of 2022. Consumer confidence is low and the property market remains a drag on the economy.

Economy

China’s CPI and economic briefings dampen European market sentiment

China reported weaker-than-expected consumer price growth for September, alongside an underwhelming economic briefing, which may exert pressure on European luxury stocks.

Business

What is behind the huge drop in Mercedes' share prices?

The German carmaker’s shares started Friday with an almost 7% drop as the company significantly cut its expected results for the full year because of weakness in Chinese demand for its vehicles.

Business

Beijing bans PwC's China unit for concealing fraud in Evergrande audit

The punishment is the heaviest yet for an international accounting firm operating in China.

Economy

China retains key loan rates as economic recovery shows progress

After unexpected cuts in July, the People's Bank of China (PBOC) left the one-year and five-year Loan Prime Rates (LPR) unchanged. Amid recent mixed activity data, China's economy shows signs of a modest recovery.

Business

Beijing protests EU tariff increase on Chinese electric vehicles

Beijing strongly opposes the EU's decision to increase tariffs on their electric vehicles amid efforts by European automakers to forge joint ventures with Chinese counterparts to mitigate the tariff impact.

Economy

IMF upbeat on China's economic forecast but warns reform still needed

The projections come as Beijing powers ahead with recovery efforts to lift itself from a prolonged property crisis.

Tech News

EU consumer groups call for DSA probe into Temu

The Chinese online marketplace would lack information about product safety, among other things.