China Economic ReviewThe Hong Kong stock market dropped sharply on Monday, closing at 2.12% down, following the US and Israel military strikes on Iran. Stocks in Chinese airlines dropped sharply, with China Eastern Airlines down at 8.11%. Chinese investors, like investors everywhere, are trying to calculate the impact of the conflict on the market. For China, several […]
China will order up to 120 additional aircraft from European aviation giant Airbus, reports Bloomberg, quoting German Chancellor Friedrich Merz as he travelled to Beijing to deepen ties between the two countries. “The Chinese leadership will be ordering a larger number of additional aircraft from Airbus. The total order will include up to 120 additional aircraft,” […]
The US International Trade Commission said on Thursday it would investigate the economic impact of revoking China’s permanent normal trade status over a six-year period, reports Reuters. The move would likely increase tariffs on Chinese imports. The USITC, which studies trade and competitiveness matters and rules on anti-dumping and anti-subsidy trade cases, said its report would focus on […]
Baidu posted a 42% drop in profit for the fourth quarter of 2025, reports Caixin. The drop comes as its aggressive pivot toward AI is eating away at its core advertising business faster than it can generate new growth. The Beijing-based search giant reported a 4.1% year-on-year decline in revenue to RMB 32.7 billion ($4.7 billion) […]
iQiyi’s net profit sunk 81% in 2025, reports Caixin. This comes as the Chinese video-streaming company grappled with a shortage of blockbuster titles and intensifying competition from short-form video platforms. The Nasdaq-listed firm reported a 7% decline in full-year revenue to RMB 27.3 billion ($4 billion). All major revenue streams contracted in 2025. Membership services, the company’s […]