Trump confirmed he won’t reverse the 145% tariffs on Chinese goods, raising concerns for global markets and crypto traders anticipating renewed volatility.
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Crypto prices today: Bitcoin rallies on US-China trade talks; altcoins stage recovery
Bitcoin shook off some concerns about the upcoming Federal Reserve interest rate decision, buoyed by renewed optimism around a potential US-China trade deal, and reclaimed the $96,000 support level. The shift in sentiment was evident…
UCSD releases new study on origin, spread of COVID-19
The findings strike yet another blow to the theory that the virus causing COVID was leaked from the Wuhan Institute of Virology.
Stocks trim gains after Trump says he won’t lower China tariffs to get Beijing to the negotiating table
It seems the Federal Reserve’s interest-rate decision is not the only factor moving the stock market Wednesday afternoon. Just moments before the Fed’s announcement, President Donald Trump said he is not considering lowering tariffs on…
Not Every Chinese EV Brand Will Survive. These Died In The Past Year
China has more than 100 estimated EV brands on its market. These are three companies that had full displays at the 2024 Beijing Auto Show. More EV brand consolidation is inevitable in China’s market.
AMD CEO Lisa Su calls China a ‘large opportunity’ and warns against strict U.S. chip controls
Advanced Micro Devices CEO Lisa Su said China is a “large opportunity” market for the semiconductor and artificial intelligence industry even as export controls and evolving tariff plans loom over the world’s second-largest economy.
Possible revocation of US-China tax treaty rattles businesses ahead of trade negotiation
Businesses are worried about the possible cancellation of a tax treaty between the U.S. and China as Treasury Secretary Scott Bessent gets ready for trade talks in Switzerland. U.S. businesses
Zaha Hadid Architects’ spaceship-like Shenzhen Science and Technology Museum is now open
ZHA has announced the opening of its latest project: a museum dedicated to the power of technological advancements …
China Reacts to Trump Claims About ‘Suffering’ Chinese Economy
The U.S.’s 145 percent blanket tariff on Chinese goods and China’s reciprocal tariff of 125 percent are reshaping global supply chains and taking a toll on the world’s two largest economies. Trump has said the…
US Treasury’s Bessent says China ‘negotiations’ to start Saturday without Navarro
U.S. Treasury Secretary Scott Bessent on Wednesday described a meeting with Chinese officials on trade starting on Saturday as “negotiations,” and said that White House trade adviser Peter Navarro will not be joining him and…
US to begin negotiations with China
Bitcoin holds near $97K as U.S.-China trade talks set for weekend; Bessent sees $2T treasuries boost from crypto investors.
Alibaba, RedNote in tie-up as China e-commerce competition intensifies
Chinese e-commerce giant Alibaba is partnering with popular content platform RedNote to allow users on RedNote to directly click on product links to shop on Alibaba’s Taobao platform.
Xi’s trip to Russia, Beijing rolls out economic policy package: SCMP daily highlights
From Xi thanking Moscow for support over Taiwan to Beijing’s new measures to guard against US tariffs, here’s a round-up from today’s coverage.
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