Here's a quick look at some of the top business headlines making news today, from China's ambitious urban developments to potential trade wars and the impact of inflation on everyday businesses.
China's Mega-City Emerges
Eleven major cities in China have reportedly merged into a single mega-city boasting a population of 70 million. That's more people than live in the entire United Kingdom! 
Officials are aiming to transform this region, even smaller than Britain, into a thriving hub for business and development.
This ambitious project aims to create a concentrated area of economic activity, rivaling established global centers. The initiative is heavily steered by government officials, highlighting its strategic importance to China's overall economic plan.
US-China Tariff Tensions Rise
The United States is poised to impose further tariffs on China, raising concerns about potential retaliatory measures. Experts predict that Beijing will likely respond with a combination of its own tariffs and measures designed to stimulate its domestic economy. 
This tit-for-tat escalation could have significant consequences for global trade and economic stability.
The potential trade war is a significant concern for businesses worldwide, creating uncertainty and potentially disrupting supply chains. The impact remains to be seen, but businesses should prepare for volatility.
Pukka Pies Feels the Pinch
Closer to home, British pie maker Pukka Pies has warned that price rises are "inevitable" as the company battles "significant" inflation. 
Despite the inflationary pressures, the company reported increased turnover in the UK, rising from £78.7m to £84.7m. European sales also saw a rise from £353,527 to £493,707. Turnover in the rest of the world grew from £8,749 to £12,992.
These figures show a mixed performance across different regions. While the UK remains a strong market, growth in Europe and other international markets is noteworthy. The company's ability to navigate inflation while maintaining sales is a testament to its brand strength.
China Manufacturing Shows Strength
Recent PMI data from China suggests that the manufacturing sector had a solid start to 2025. This positive economic data indicates a robust beginning for the manufacturing sector in the new year, suggesting positive developments in the Chinese economy. 
This is a good sign for China's economic outlook, which could have a ripple effect on global markets.
The strong PMI data suggests that China's manufacturing sector is resilient and continues to be a key driver of economic growth.