Mexican lawmakers are slated to begin debate this week on a bill to raise tariffs on goods from China and other Asian countries, three ruling party lawmakers told Reuters, amid fierce opposition from China and Mexican business groups. The proposal would raise tariffs by up to 50% on imports of automobiles, textiles, clothing, plastics, steel and other products from China and other Asian countries that do not currently have a trade pact with Mexico, including India, South Korea, Thailand, and Indonesia.

China’s exports returned to growth in November following an unexpected contraction the month before. Shipments to the United States, however, dropped nearly 29% from a year earlier, marking the eighth straight month of double-digit declines, EuroNews.com reported. Overall exports from China in November were 5.9% higher than last year in dollar terms, according to customs data released Monday. The total came to $330.3 billion (€283.21bn), exceeding economists’ estimates and signalling an improvement from a 1.1% contraction in October.

China's annual car sales dropped 8.5% in November in a second straight monthly decline, for their biggest fall in 10 months, data showed on Monday, amid a waning scramble to buy vehicles before government subsidies dwindle at year-end, Reuters reported. Car sales in the world's biggest auto market stood at 2.24 million last month, following October's slide of 0.8%, according to the data from the China Passenger Car Association.

Country Garden, once one of China’s largest property developers, on Tuesday received U.S. bankruptcy court recognition for its Hong Kong restructuring plan, WSJ Pro Bankruptcy reported. Judge Philip Bentley of the U.S. Bankruptcy Court for the Southern District of New York said he is satisfied that the company’s principal place of business is in Hong Kong, a key finding required for a foreign restructuring plan to seek U.S. recognition. The recognition of Country Garden’s Hong Kong restructuring plan under chapter 15 of U.S.

Two of China’s private data agencies withheld monthly home sales figures at the government’s behest, people familiar with the matter said, stoking transparency concerns in a critical sector of the world’s second-largest economy, Bloomberg News reported. China Real Estate Information Corp. and China Index Academy, which are among the country’s biggest private property data providers, didn’t disclose the combined sales of the nation’s 100 largest developers for November on Sunday.

China Vanke will seek bondholder approval to delay the repayment of a 2 billion yuan ($282.6 million) onshore bond, a filing late on Wednesday showed, a move that could trigger a new wave of anxiety in both financial and property markets, Reuters reported. A public bond extension would be the first for the state-backed property developer, a household name with many projects in China's biggest cities. A debt restructuring by Vanke, with 364.3 billion yuan of interest-bearing liabilities, could also potentially dwarf defaults by privately owned peers Evergrande and Country Garden this decade.

The United ​States on Wednesday said ‌it was extending into November ‌2026 tariff exclusions that had been due to expire later this month ⁠related to ‌a probe of China's practices on ‍technology transfer and intellectual property, Reuters reported. "The extension of ​the exclusions follows the ‌historic trade and economic deal reached between President Trump and President Xi Jinping of China announced ⁠by the White ​House on ​November 1, 2025," the Office ‍of ⁠the U.S.

A coalition of thousands of French retailers has sued the Chinese fast fashion retailer Shein, accusing it of unfair competition, according to the French Retail Council, a move that escalated a backlash against the company in France this week, the New York Times reported. The class action suit, filed on Wednesday in a commercial court in southern France, was brought on by 12 federations and 100 large French brands.

China's nascent private REIT market has emerged as a rare bright spot for cash-strapped developers, with a record fundraising pipeline of $12 billion for this year, driven by rising investor demand for higher yields, Reuters reported. Launched in 2023, the private REIT market, restricted to professional investors, has grown rapidly. Developers are drawn to its quicker and more relaxed approval process compared with public REITs and its prospects for revitalising income-generating assets amid the country's property sector slump.

China Evergrande Group’s famous log-cabin hotel in Quebec, Canada, has been placed in receivership after the defaulted real estate developer failed to make payments on its debt, Bloomberg News reported. Fairmont Le Chateau Montebello, which has hosted luminaries including Grace Kelly and Margaret Thatcher, would be put up for sale by PricewaterhouseCoopers LLP, the court-appointed receiver, according to documents filed this week on the accounting firm’s website.