As trade tensions between Beijing and Brussels continue to rise, China’s firms in the European Union have been forced to walk a delicate tightrope: expanding their presence in the lucrative market while grappling with heightened regulatory hurdles and rapid geopolitical shifts. In the first part of this three-part series, we look at a new, complex EU carbon tariff system that has business owners scratching their heads. Neil Miao has been exporting metal hardware to Europe for years. But earlier...

The Strait of Hormuz was still largely devoid of shipping traffic in the hours following the announcement of a US-Iran peace deal, as analysts warned it remained uncertain how and when normal operations along the waterway would be restored. The only vessel moving in the strait on Monday morning was broadcasting its status as a patrol ship, according to data from vessel tracking platform MarineTraffic, as hundreds of commercial ships remained stranded in the region. A liquefied natural gas tanker...