China’s manufacturing sector had its worst slump since September 2022, according to a private survey, as higher tariffs took a toll on smaller exporters despite a truce in the trade war with the US.

China’s Caixin Manufacturing PMI dropped to 48.3 in May, the lowest since Q3 2022, signaling shrinking output. Job losses in China’s manufacturing sector signal deepening economic strain and ineffective stimulus efforts. Markets gained after reports that Trump plans to speak with Xi Jinping to ease escalating trade tensions.

On May 27th the property sold for a stonking 270m yuan ($38m), creating a sensation in the Chinese press. At 500,000 yuan per square metre, it is one of the priciest home auctions in recent memory. That the wealthy are prepared to pony up such an exorbitant price is being interpreted as a sign that China’s huge and interminable property crisis might finally be ending.

A chronic housing slowdown and high youth unemployment rate have made China more vulnerable than it was in President Trump’s first term.

China's top auto dealer association urged all automakers to stop cutthroat competition in a rare public announcement on Tuesday, saying the race to the bottom is threatening the survival of dealerships and undermining the broader push for high-quality growth in the automotive sector.

hina's manufacturing ... war with the United States. Beijing and Washington agreed this month to pause staggeringly high tariffs, although US President Donald Trump on Friday accused China of ...

China was guaranteed an early win in the new phase of the trade war. Its manufacturing sector's enduring foothold in the supply chains of myriad consumer products—from low-end perishables to ...

China’s automobile industry association warned against “vicious competition,” days after BYD Co.’s price cuts fueled market concerns of a discount war that would further weigh on profits of electric carmakers.