Bessent said details would be determined in a later meeting between President Trump and Chinese Premier Xi Jinping, who are expected to speak on Friday.
Tagged By beijing
U.S. Reaches Outline of Deal With China Over TikTok
Treasury Secretary Scott Bessent, who led the U.S. delegation, told reporters that a framework for switching ownership of TikTok has been reached. The deal will be confirmed by Xi and Trump following …
China terms as ‘bullying’ US call to G7, NATO to impose tariffs for importing Russian oil; Warns of countermeasures
China’s position on the Ukraine crisis is consistent and clear. Dialogue and negotiation is the only viable way out of the crisis.
Kenvue Localizes Listerine Strategy to Stay Ahead in China’s Oral Care Race
Beyond oral care, Kenvue is aligning its strategy with the government’s Healthy China 2030 initiative, a national plan to increase life expectancy, improve access to healthcare, and promote innovation …
China accuses Nvidia of antimonopoly violations
China accused Nvidia on Monday of violating the country’s antimonopoly laws and said it would step up scrutiny of the world’s leading chipmaker, escalating tensions with Washington as the two …
Bessent says US, China have ‘framework’ on TikTok deal; Trump, Xi to meet Friday to finalize
The U.S. and China reached a framework on a deal to move TikTok to U.S. ownership and avoid a ban, as President Trump and Chinese President Xi Jinping plan to finalize it this week.
US says ‘framework’ for TikTok ownership deal agreed with China
The deal will pave the way to US ownership of the social media platform’ s American operations, according to the US treasury secretary.
China’s Xpeng kicks off first European EV production
With this collaboration, Xpeng can use Magna’s plant in Graz, situated in southern Austria, to develop its vehicles. Meanwhile, in a recent announcement, the Chinese EV manufacturer made public that …
Shenzhen Dobot Corp Ltd Proposes New Share Schemes at Upcoming EGM
Shenzhen Dobot Corp Ltd Class H ( ($HK:2432) ) just unveiled an update. Shenzhen Dobot Corp Ltd has announced an extraordinary general meeting to …
US and China hold second day of trade talks as TikTok deadline looms
US and Chinese officials will hold a second day of trade talks in Spain on Monday as the deadline for the Chinese owner of TikTok to find a buyer or face a ban in America…
China accuses Nvidia of violating antimonopoly laws following investigation
China on Monday accused Nvidia of violating the country’s antimonopoly laws and said it would step up scrutiny of the world’s top chipmaker, heightening tensions with Washington as the two countries …
US says it will press ahead with TikTok ban if China doesn’t drop tariff, tech demands
The U.S. will go ahead with a ban on short-video app TikTok if China won’t drop demands for reducing tariffs and technological restrictions as part of a divestiture deal, a senior U.S. official with …
China Boosts Russian Arctic LNG Imports Despite Sanctions
China has become a regular importer of liquefied natural gas from the sanctioned Russian Arctic LNG 2 project, defying Western sanctions.
