Friday, December 12, 2025

EU finance ministers agreed to set a €3 customs duty on low-value parcels from July 2026, aiming to crack down on cheap Chinese imports from brands like Shein (Reuters)

Reuters:
EU finance ministers agreed to set a €3 customs duty on low-value parcels from July 2026, aiming to crack down on cheap Chinese imports from brands like Shein  —  European Union finance ministers agreed on Friday to set a 3 euro ($3.52) custom duty on low-value parcels arriving in the bloc …



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Chinese video game giant NetEase reports Q4 revenue up 3% YoY to ~$4B and net profit down 29% to ~$903M, below ~$1.2B est., as it pushes self-developed games (Sherry Qin/Wall Street Journal)

Sherry Qin / Wall Street Journal : Chinese video game giant NetEase reports Q4 revenue up 3% YoY to ~$4B and net profit down 29% to ~$903...