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Textile manufacturing workers in Binzhou, Shandong, China, on April 23, 2025. Nurphoto | Nurphoto | Getty Images BEIJING — Chinese manufacturers are pausing production and turning to new markets as the impact of U.S. tariffs sets in, according to companies and analysts. The lost orders are also hitting jobs. “I know several factories that have … Read more
XPENG’s humanoid robot, Iron, is not your typical factory machine. Standing 5 feet, 8 inches tall and weighing 154 pounds, Iron combines advanced artificial intelligence with human-like movement and exceptional vision. Already hard at work assembling electric vehicles in XPENG’s factories, this robot is designed to change how we think about robots in everyday life. … Read more
Chinese startup Manus AI, which works on building tools related to AI agents, has picked up $75 million in a funding round led by Benchmark at a roughly $500 million valuation, according to Bloomberg. The company will use the money to expand to new markets, including the U.S., Japan, and the Middle East, Bloomberg noted, … Read more
Boeing CEO Kelly Ortberg said Wednesday that he doesn’t expect the U.S. trade war with China to forestall the company’s financial recovery, nor prevent it from reaching aircraft delivery targets with Chinese airlines now refusing to accept Boeing planes. Speaking on CNBC, Ortberg said that Boeing had three airliners in China ready for delivery but brought two … Read more
A monitor displays Alibaba Group Holding Ltd. signage on the floor of the New York Stock Exchange (NYSE) in New York, U.S., on Wednesday, Jan. 30, 2019. Bloomberg | Bloomberg | Getty Images This report is from this week’s edition of CNBC’s The China Connection newsletter, which brings you insights and analysis on what’s driving … Read more
A China-based startup, Sand AI, has released an openly licensed video-generating AI model that’s garnered praise from entrepreneurs like Microsoft Research Asia founding director Kai-Fu Lee. But Sand AI appears to be censoring images that might raise the ire of Chinese regulators from the hosted version of the model, according to TechCrunch’s testing. Earlier this … Read more
Shipping containers from China at the China Shipping (North America) Holding Company Ltd. facility at the Port of Los Angeles in Wilmington, California, Feb. 4, 2025. Mike Blake | Reuters The pullback in trade between the U.S. and China as a result of President Trump’s steep tariffs on Chinese goods and fears of a recession … Read more
Shipping containers are stacked on a cargo ship as they are offloaded at PortMiami on April 15, 2025 in Miami, Florida. Joe Raedle | Getty Images The Trump administration on Thursday announced fees on Chinese-built vessels after a United States Trade Representative investigation by the Biden-Trump administrations found China’s acts, policies and practices were unreasonable … Read more
The Chinese e-commerce marketplace app DHgate, which is now the No. 2 free iPhone app in the U.S., isn’t the only one that’s oddly benefiting from President Trump’s tariffs on U.S. imports from China. Another Chinese shopping app, Taobao, has now also entered the Top 5 as of Thursday. U.S. consumers began flocking to these … Read more
Downloads of popular Chinese e-commerce platforms soared in the U.S. this week, spurred by viral TikTok videos from alleged Chinese suppliers claiming to expose luxury brands. Amid a budding trade war between the U.S. and China, highlighted by President Donald Trump imposing 145% tariffs on imports from Beijing last week, some Americans say they won’t … Read more
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