China will impose an added 55% tariff on beef imports that exceed quota levels from key supplier countries including Brazil, Australia and the U.S. in a move to protect a domestic cattle industry slowly emerging from oversupply.

The second day of the large-scale war games, called “Justice Mission 2025,” saw the Chinese military encircle Taiwan on Tuesday.

As Taiwan blasts China's "highly provocative and reckless" blockade rehearsal, Trump touts his relationship with Xi Jinping and says an invasion is unlikely.

Surveys show that Chinese factory activity expanded for the first time in eight months in December, as orders picked up ahead of holidays and builders rushed to finish projects.

China conducts two-day military exercises around Taiwan with rockets, bombers and assault ships as House Select Committee on China warns of deliberate escalation by Beijing.

China fired rockets into waters off northern and southern Taiwan on Tuesday and deployed new amphibious assault ships alongside bomber aircraft and destroyers on the second day of its most extensive war games,

China launched live-fire drills around Taiwan that it said would simulate a blockade of the self-ruled island's key ports, prompting Taipei to condemn Beijing's "military intimidation."

From Deng Xiaoping to Xi Jinping, generations of Communist Party bosses and military leaders invested in a strategic but heavily polluting industry.

China is on track to meet its growth target of around 5% this year and will roll out more proactive policies in 2026, President Xi Jinping said on Wednesday, amplifying promises for more stimulus to power economic growth.