In particular, it wants China to ease controls on rare-earth exports, and the magnets that contain them. The discussions are “going well…we’re spending lots of time together”, said Howard Lutnick, America’s commerce secretary,
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How American and China spooked each other
World Bank slashes global growth forecast as trade tensions bite
The World Bank on Tuesday slashed its global growth forecast for 2025 by 0.4 percentage point to 2.3%, saying that higher tariffs and heightened uncertainty posed a “significant headwind” for nearly …
World Bank Forecast Underscores Cost of U.S. Trade War
Along with a sharply downgraded projection for global output this year, it urged a “course correction” on trade to help preserve living standards.
Rumors to drive markets until concrete updates on U.S.-China trade talks emerge: FHN Financial
Yields on 10- and 30-year Treasurys were falling on Tuesday as a risk-off mood in Europe spilled over into premarket action in New York. The 10-year yield was down 4 basis points to 4.45% Tuesday,…
China has an ace up its sleeve in trade talks with the U.S. and stocks are going nowhere until Beijing plays it
There is no telling how the trade talks between the U.S. and China will pan out but China appears to be sitting at the table with a persuasive advantage: It has a global monopoly on…
US stock futures little changed as investors await US-China trade talk news
One expert said he expected loosened controls on U.S. exports of semiconductors in exchange for China’s releasing of more rare earths.
Gold inches up as markets await outcome of US-China trade talks, inflation data
Gold prices edged higher on Tuesday, while investors awaited more clarity on U.S.-China trade talks and looked forward to key U.S. inflation data due this week for clues on the Federal Reserve’s …
China’s Solar Chiefs Call for Government Measures to Help Sector
China’s struggling solar industry needs government support to ease overcapacity as attempts to self-discipline seem to have failed, company executives said at the industry’s top annual event in Shanghai on Tuesday.
China halts key rare earth exports, sparking global supply concerns
China has stopped almost all shipments of critical minerals that are needed for cars, robots, wind turbines, jet fighters and other technologies
Japan: China Deployed Two Aircraft Carriers in Western Pacific for First Time
Japan says China has deployed two aircraft carriers in the Western Pacific for the first time. Tokyo has communicated its concerns about the carrier deployment to Beijing.
China’s carmakers are resorting to tricks to inflate their vehicle sales and Beijing has had enough
Beijing warned the practice of selling new cars with zero miles at a sharp discount in the used car market is just the latest example of the auto industry’s race to the bottom.
Gov. Katie Hobbs proposes her own ban on foreign property ownership after GOP thrashing
Hobbs vetoed a bill limiting China from owning property in the state a week ago. Now she wants a broader limit on more foreign adversaries.
Pop Mart’s Labubu becomes bait for China’s Ping An Bank to lure young customers
Retail banks on the mainland struggle to attract young customers amid low deposit rates and customer declines, analysts say.
