China’s central bank is boosting cash injection via one of its policy tools as it seeks to safeguard the world’s second-largest economy from the impact of punitive US tariffs.
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China warns G20 global economic growth ‘insufficient’, trade tensions weaken momentum
China warned a G20 meeting that world economic growth was “insufficient” as tariff and trade wars exacerbated economic and financial instability and sapped growth momentum, its finance ministry and …
Trump Says US Talking With China on Trade After Beijing’s Denial
President Donald Trump said his administration was talking with China on trade, after Beijing denied the existence of negotiations on a deal and demanded the US revoke all unilateral tariffs.“They had …
China finance minister tells G20 world economic growth insufficient
China’s finance minister told a G20 meeting that the current world economic growth momentum was insufficient, with tariff and trade wars further impacting economic and financial stability, according …
US and China clash over status of trade talks. Here’s what to know.
The trade spat escalated earlier this month when Trump hiked tariffs on Chinese goods to a whopping 145%. China responded with 125% tariffs on U.S. goods and other countermeasures. “This is a game of …
Bessent: There Is An Incredible Opportunity For A “Big Deal” With China For “Beautiful Rebalancing”
Treasury Secretary Scott Bessent said there is “an incredible opportunity” for the US and China to achieve what he terms a “beautiful rebalancing” on Wednesday, at an event held by the Institute of …
Pakistan finance minister says China and U.S. are Islamabad’s ‘critical and strategic allies’
The weighted average tariff on U.S. exports to Pakistan is around 7%, while U.S.’ imports from Pakistan is around 10%, the country’s Federal Minister for Finance & Revenue, Muhammad Aurangzeb says …
PBOC governor said Beijing will firmly support free trade at Washington G20 meeting – report
China’s central bank governor, Pan Gongsheng said that Beijing will firmly support free trade rules and the multilateral trading system at the meeting of G20 finance ministers and central bank …
China supports free trade, central bank governor says in Washington meeting, CCTV reports
China will firmly support free trade rules and the multilateral trading system, the country’s central bank governor said on Wednesday in Washington D.C., state broadcaster CCTV reported.
China and the U.S. are ‘critical and strategic allies,’ Pakistan’s finance minister says
The weighted average tariff on U.S. exports to Pakistan is around 7%, while U.S.’ imports from Pakistan is around 10%, the country’s Federal Minister for Finance & Revenue, Muhammad Aurangzeb says …
Bessent says IMF and World Bank need reform and there’s an ‘opportunity for a big deal’ with China
Treasury Secretary Scott Bessent has played a balancing act trying to reassure nervous investors that the U.S. would maintain its global leadership role while staying true to the Trump …
The Beijing Strategy
As trade tensions between China and the United States continue to simmer, Beijing is quietly deploying a wide array of strategies to minimize the sting of American tariffs. While formal negotiations …
Bessent says IMF and World Bank need reform, says there’s an ‘opportunity for a big deal’ with China
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 investors that the …