WASHINGTON (AP) — Treasury Secretary Scott Bessent leveled harsh criticism at the operations of the World Bank and the International Monetary Fund on Wednesday even as he tried to reassure nervous …
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Bessent assails IMF and World Bank and says there’s an ‘opportunity for a big deal’ with China
China has an army of robots on its side in the tariff war
Enormous investments in factory equipment and artificial intelligence are giving China an edge in car manufacturing and other industries.
China Track Fuels Russia’s $245 Billion Trade as It Sidesteps Western Sanctions
Russia and China have quietly set up a new payment system to keep their booming trade away from Western regulators. This system, known among bankers as the “China Track,” helps the two countries do business…
China’s Economy Faces Rise of ‘Rat People’
Facing a hyper competitve job market and stagnating wages, a growing number of Chinese are dropping out, spending entire days in bed or surfing the internet.
Treasury Secretary Scott Bessent says China has ‘opportunity for a big deal’ with US as trade war appears to cool
U.S. Treasury Secretary Scott Bessent delivers remarks at the Institute of International Finance Global Outlook Forum on sidelines of the IMF and World Bank spring meeting (REUTER …
Trump floats ‘substantial’ China tariffs cuts in trade deal
U.S. President Donald Trump said he plans to be “very nice” to China in any trade talks and that tariffs will drop if the two countries can reach a deal, a sign he may be…
White House would consider cutting China tariffs as part of talks, source says
The Trump administration would look at lowering tariffs on imported Chinese goods pending talks with Beijing, a source familiar with the matter said on Wednesday, adding that any action would not be …
China stresses ‘equality, respect’ amid Trump optimism on trade deal
China stressed on Wednesday that “equality, respect” are paramount in discussions with the United States amid President Trump’s stated optimism on reaching a new trade deal between the world’s two …
‘Robot Valley’ unleashes Shenzhen’s innovation speed | Vibrant Guangdong
A glance at Shenzhen’s map reveals that along Liuxian Boulevar, this 10-kilometer stretch has nurtured “eight industry giants”, including EngineAI, Pudu Robotics, PaXiniTech, AI2 Robotics, Limx …
China reveals Shenzhou 20 astronaut crew launching to Tiangong space station
Tiangong is currently inhabited by the Shenzhou 19 crew, who will greet the new astronauts aboard the space station. The Shenzhou 19 astronauts, led by commander Cai Xuzhe, will hand over control of Tiangong to…
Treasury chief Bessent says U.S. has an “an opportunity for a big deal” with China
Treasury Secretary Scott Bessent on Wednesday said he believes the Trump administration could strike a deal with China.
Boeing CEO says China has stopped taking its aircraft amid trade war
CEO Kelly Ortberg said that a few 737 Max planes that were in China set to be delivered to carriers there have been flown back to the U.S.
Markets jump higher after Trump softens rhetoric on China and Fed chair
U.S. stocks opened higher Wednesday after President Donald Trump signaled a softer stance toward the eye-watering tariffs he had set for China, while also stating he would not make an immediate change in leadership of…
