Hannah Miao

Asia–Pacific (APAC)

Markets Reporter at The Wall Street Journal

reporter @WSJ | prev: @CNBC | she/her | duke alum | ✉️ [email protected]

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Articles

JD.com Pledges $27 Billion to Help Chinese Exporters

1 week ago | wsj.com | Hannah Miao

E-commerce company JD.com will purchase 200 billion yuan, equivalent to $27 billion, of goods from China’s exporters in the coming year to help manufacturers shift to the domestic market. The Chinese company also said Friday it would provide training, subsidies and other support for export-oriented manufacturers to sell their products in China. China’s exporters are looking for new customers now much of their business with the U.S. is likely to get cut off.
China Raises Retaliatory Tariffs on U.S. Goods to 125%

1 week ago | wsj.com | Hannah Miao

China said it would raise its retaliatory tariff on U.S. goods to 125%, matching the latest duty imposed by the White House on Chinese goods. The 125% tariff will go into effect Saturday, China’s tariff commission said. China signaled it wouldn’t continue to match any levy increases by the U.S., saying American imports are no longer marketable under current levels. Beijing said if the U.S. continues to put additional tariffs on Chinese goods, it will disregard them.
中国将美国商品关税提高至125%，称若美再加高关税将沦为笑话

1 week ago | cn.wsj.com | Hannah Miao

中国表示，将把对美国商品征收的关税税率提高到125%，同时暗示针锋相对的报复性关税措施已经结束。习近平称中国自力更生，“不畏惧任何无理打压”。中国表示，将把对美国商品征收的关税税率提高到125%，以匹配美国政府的升级举措，但同时暗示，针锋相对的报复性关税措施已经结束。中国方面最新的举措将于周六生效，中国政府周五发表了措辞强硬的声明，对反复加征关税表示厌倦。这些举措可能导致全球最大的两个经济体之间的大部分贸易陷入停顿。Copyright ©2025 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8立即订阅热门文章热门视频实时更新:中国正如何应对贸易战
China Raises Tariffs on U.S. to 125%, Says More Tit-for-Tat Would Be a Joke

1 week ago | flipboard.com | Hannah Miao

2 hours agoNo matter how much technological progress we make, jobs of the future will require this very human skill. AI is an extraordinary tool that amplifies our cognitive capacity. It can analyze, summarize, and generate content faster than any human. However, AI is only ever as good as the questions we ask …
China Says More Tariff Hikes by U.S. Would Be a ‘Joke,’ Vows to ‘Firmly Retaliate’

1 week ago | wsj.com | Hannah Miao

China suggested it wouldn’t match any further tariff increases from the U.S. after raising its levy on American goods to 125%, but said it would continue to retaliate against perceived U.S. offenses. Here is the key part of the statement by China’s tariff commission:“Even if the U.S. continues to impose higher tariffs, it would be economically meaningless and would become a joke in the history of the world economy. At current tariff levels, U.S. exports to China are no longer marketable.
China Warns Citizens About Travel and Study in the U.S.

1 week ago | wsj.com | Hannah Miao

China issued warnings for citizens considering traveling or studying in the U.S., a sign Beijing wants to put pressure on America’s tourism and education sectors.
高盛以关税为由下调中国GDP预测

1 week ago | cn.wsj.com | Hannah Miao

高盛目前预计，2025年中国实际GDP将增长4.0%，2026年将增长3.5%，低于此前预期的4.5%和4.0%。高盛(Goldman Sachs)下调了对中国经济增长的预期，理由是预计关税将对中国经济和劳动力市场产生负面影响。该行目前预计，2025年中国实际国内生产总值(GDP)将增长4.0%，2026年将增长3.5%，低于此前预期的4.5%和4.0%。尽管高盛认为中国政府将加大对经济的政策支持力度，但该行经济学家表示，即使是重大举措也不太可能完全抵消关税的影响。这些经济学家估计，中国可能有1,000万至2,000万工人从事与对美出口相关的工作，而与美国和全球贸易放缓将给中国劳动力市场带来巨大压力。Copyright ©2025 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8立即订阅热门文章热门视频
Goldman Lowers China GDP Forecast, Citing Tariffs

1 week ago | wsj.com | Hannah Miao

Beijing's central business district on Thursday. (greg baker/Agence France-Presse/Getty Images)Goldman Sachs revised down its economic growth forecasts for China, citing the expected negative effect of tariffs on the country’s economy and labor market. The bank now projects China’s real gross domestic product to rise 4.0% in 2025 and 3.5% in 2026, down from its previous estimates of 4.5% and 4.0%.
米顧客は注文帳消し、中国の製造業者に混乱拡大

1 week ago | jp.wsj.com | Hannah Miao |Raffaele Huang

貿易戦争で「もう値引きしない」　米顧客がコスト上昇分を負担する羽目に　米国が対中関税を大幅に引き上げたことを受け、中国の工場への米国からの注文にキャンセルが出始めている。中国の製造業者は米国の顧客に対してこれ以上の値下げはできないと話す。　中国南部の輸出拠点・広東省でおもちゃやハンドクラッパーを製造する工場を経営するチェン・チンシン（Chen Qingxin）氏によると、ドナルド・トランプ米大統領が導入した関税の新たな引き上げがアジア時間の9日正午ごろに発効した何分か後に、ボルティモアの顧客から電話がかかってきたという。その顧客は、3月上旬に出した6月出荷分の注文をキャンセルした。Copyright ©2025 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8ウォール・ストリート・ジャーナル日本版今すぐ購読する Special Advertising Section アクセスランキング
As U.S. Buyers Cancel Orders, Chinese Factories Say No More Discounts

1 week ago | wsj.com | Hannah Miao |Raffaele Huang

With the latest sharp escalation in tariffs on China, U.S. orders for Chinese factories are getting canceled and Chinese manufacturers say they can’t lower prices further for U.S. customers. Chen Qingxin, who runs a factory making toys and hand-clappers in the southern Chinese export hub of Guangdong province, said he got a call from a client in Baltimore minutes after another hike in President Trump’s tariffs went into effect around noon in Asia on Wednesday.