China's true feelings about the Ukraine war might be more complicated than they seem. Behind closed doors, Chinese officials have hinted that they don't want Russia to lose. Why? Because if Russia loses, the U. S. might focus more on China. This is a big deal because China has been saying it's neutral in the conflict. This news came out after a long meeting between ...

Trade tensions between China and European countries are heating up. China has just slapped new anti-dumping duties on European brandy, especially French cognac. This move comes after a long investigation into whether European brandy was being sold too cheaply in China, hurting local producers. The tariffs, which kick in tomorrow, range from 27. 7% to 34. 9%. They'll...

This week, China is putting a new tax on brandy coming from the European Union. Customs officials will start collecting deposits, around 30.6% to 39% of the brandy's value, from companies importing the drink. This change comes after a previous decision in August not to impose any taxes, despite finding that European distillers were selling brandy in China at a lower ...