Browsing: China business

Fistfights broke out between Chinese officials and staff from PDD, the owner of Temu, during a tense audit, Bloomberg reports. This explosive confrontation highlights the rising tensions amid growing regulatory pressure on China’s e-commerce giants

US companies operating in China are standing their ground despite soaring tariffs, highlighting intricate supply chains and strong market connections. Many confess they feel “trapped,” as relocating operations would be both expensive and extremely difficult

Wells Fargo’s exit ban from China has ignited new concerns about the challenges foreign companies encounter in the country. This move highlights growing regulatory uncertainties amid escalating US-China tensions, Reuters reports