China's first-quarter economic growth outstripped expectations, underpinned by solid consumption and industrial output, but analysts fear momentum could shift sharply lower as U.S. tariffs pose the biggest risk to the Asian powerhouse in decades, Reuters reported. President Donald Trump has ratcheted up tariffs on Chinese goods to eye-watering levels, prompting Beijing to slap retaliatory duties on U.S. imports that have raised the stakes for the world's two biggest economies and rattled financial markets.

In the global trade war, Boeing is a big loser, The Wall Street Journal reported. Chinese officials told domestic airlines not to place new orders for Boeing jets and are requiring carriers to seek approval before taking delivery of already-ordered aircraft, according to people familiar with the matter. The tariff turmoil keeps getting worse for America’s largest exporter: Boeing’s vast and fragile supply chain is grappling with the end of its decades-long duty-free status. Boeing faces retaliatory tariffs from other countries.

When a Chinese pork producer filed for bankruptcy in 2019, the news came as a jolt to Alan Hill, Reuters reported. The retired Apple executive from Albuquerque had invested about $100,000 last decade in Dalian Chuming Meat Processing through a U.S.-listed holding company, Energroup Holdings. Chuming had not paid dividends for many years, but it supplied pork to Walmart and had been profitable at least as recently as 2016.

Xinyuan Real Estate's creditors recently filed an involuntary chapter 11 bankruptcy petition in New York to recover $65.8M in unpaid bonds, making it one of many Chinese builders grappling with financial turmoil in recent years, according to a Tuesday media report that cited a court filing, Seeking Alpha reported. Under U.S. bankruptcy law, creditors can request court oversight if a company misses debt payments, allowing the firm to either contest the petition or enter bankruptcy to reorganize.

A,I, a game developer best known for developing Nintendo-based installments of the Super Robot Wars game series starting in the 1990s, began bankruptcy proceedings in the Tachikawa branch of the Tokyo District Court on March 10, Animé News Network reported.

Bally's Corp. considered waiting for Star Entertainment to enter voluntary administration before investing but feared the Australian casino group would have been too hard to rescue, said the U.S gaming firm's chairman, Soo Kim, Reuters reported. Rhode Island-based Bally's and the Mathieson family - Star's largest investor - engineered a A$300 million ($188 million) rescue package, handing over the first A$100 million last week. The initial funds will keep Star afloat for 15 months while seeking regulatory approval for the full investment, Kim said.