Philippine President Ferdinand Marcos Jr. signed two laws on Friday reaffirming the extent of his country’s maritime territories and right to resources, including in the South China Sea, angering China,

Shoe brand Steve Madden will be cutting the goods that it imports from China by as much as 45% next year as it prepares for President-elect Donald Trump's pledge to slap steep and sweeping tariffs on imports from other countries.

China Friday announced a $1.4 trillion economic stimulus that includes a three-year local government re-finance plan for what was described as hidden debt. But it fell short of what many investors believe is needed.

The Chinese government on Friday approved a $1.4 trillion plan to revive the economy, authorizing local governments to refinance crushing debts that have left some cities unable to pay their bills. The move caps a series of steps that China’s leaders started rolling out in September to stimulate growth.