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Plus testing liquidity

PDD Holdings-owned marketplace gains manufacturers as fashion competitor prepares for planned IPO

PDD Holdings-owned marketplace takes on Chinese sellers of cheap goods as fast-fashion competitor prepares for IPO

US policymakers should think more about retaliatory responses to probable tariff increases

The Chinese leader enjoys complete domination of party and state. But to maintain stability, he also needs to signal there is a succession process

Growing number of household animals amid declining human population forecast to build $12bn pet food market by 2030

Plus, Mandelson becomes the UK’s man in Washington while political and business leaders debate AI developments in Paris

Nationwide slowdown hit sales and profits halved last year

Communist party’s third plenum reinforces focus on self-sufficiency but fails to assuage fears about weak consumption or oversupply

Rescuers race to find survivors as hundreds injured in mountainous region in north-western provinces