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China announces sweeping measures to ease policy in bid to boost trade-war hit economy newsthirst.

BEIJING, CHINA – MARCH 06: Pan Gongsheng, governor of the People’s Bank of China, attends a new conference on economy for the third session of the 14th National People’s Congress (NPC) on March 6, 2025 in Beijing, China. Visual China Group | Getty Images China’s central bank and financial regulators announced sweeping plans on Wednesday…

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Temu halts shipments direct from China as de minimis tariff rule ends newsthirst.

Nurphoto | Nurphoto | Getty Images Chinese bargain retailer Temu changed its business model in the U.S. as the Trump administration’s new rules on low-value shipments took effect Friday. In recent days, Temu has abruptly shifted its website and app to only display listings for products shipped from U.S.-based warehouses. Items shipped directly from China,…

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Somalia bans Taiwanese travellers citing ‘one China’ policy, ministry says newsthirst.

Taiwan has condemned Somalia for banning travellers with Taiwanese passports from entering or transiting through the East African country. The ban took effect on Wednesday following an order issued by Somali aviation authorities last week, Taiwan’s foreign ministry said. Somalia is yet to comment on the ban which comes as Taiwan, a self-ruled island claimed…

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