Treasury Secretary Scott Bessent said Tuesday the U.S. holds a substantial advantage over China as the two nations exchange threats in a burgeoning trade war. “I think it was a big mistake, this Chinese escalation,
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Citi cuts China GDP growth forecast to 4.2% from 4.7% for 2025
Citi cut China’s GDP growth forecast to 4.2% from 4.7% for 2025, citing rising external risks. Citi said in a note that high tariffs could drag China’s growth further by at least 1.5 percentage points…
China lashes out at JD Vance for calling Chinese people ‘peasants’
China on Tuesday slammed US Vice President JD Vance for referring to the Chinese people as “peasants” in an interview that has drawn widespread ire and ridicule on China’s internet – and comparisons with Vance’s…
China vows to ‘fight to the end’ and accuses Trump of ‘blackmail’ over tariff warning
Tensions between the world’s two major powers rose after President Donald Trump threatened China with additional tax levies that would add up to 104%.
Fitch raises China major state banks ratings
Global ratings agency Fitch revised outlooks for China’s five major state banks and China Merchants Bank to stable from negative on Tuesday, despite the downgrade of China’s sovereign rating last week.
China vows to fight ‘to the end’ after Trump’s latest tariffs threat
Trump reiterated his threat of 50% duties on Chinese goods if Beijing did not retract its counter-tariff plans by Tuesday.
100 Tonnes of crocodiles worth Rs 4.7 crore put up for sale in bizarre Chinese auction
A court in Shenzhen, China, is auctioning off 100 tons of Siamese crocodiles, with a starting price of 4 million yuan.
Beijing’s strong countertariffs raise the specter of an intense trade war with Washington
In a shift in tone, China dropped its call for negotiations on trade in a weekend statement that condemned U.S. tariffs.
The Forbidden City and Cinema as a Guiding Light Feature in Beijing Film Festival Poster
The creation from Huo Tingxiao, art director on such movies as ‘Farewell My Concubine,’ features an Easter egg and wants to signal “dialogue with the world.”
China responds again to Trump’s tariffs: Beijing’s answer revealed
Official Beijing sharply criticized the new US tariffs on imports, calling them economic blackmail and expressing readiness to defend its interests, states the spokesperson of the Chinese Ministry of …
China, Hong Kong stocks rise with regional markets, Beijing support
China and Hong Kong stocks rose on Tuesday, steadying in the wake of stronger regional markets and government-led support after a brutal selloff triggered by concerns over trade tariffs.
China vows to fight ’till the end’ after Trump’s latest tariffs threat
Trump reiterated his threat of 50% duties on Chinese goods if Beijing did not retract its counter-tariff plans by Tuesday
Trump Turns Screws on China, Leaves Door Open to Deals With Other Countries
WASHINGTON—President Trump hit back hard against China but left the door open for talks to lower tariffs on other countries, trade-war moves that left much of the world confused as countries raced to avoid damaging…