Beijing is arguably in a stronger position than Washington, as it can navigate shortages in advanced chips better than the U.S. can do without rare earths.
Tagged By finance
U.S.-China Financial Tensions Rise: Banks Pull Capital, China Dumps $1.7T in Treasuries
The escalating financial tensions between the United States and China have taken a dramatic turn as major U.S. banks begin pulling capital out of China, signaling growing uncertainty in the world’s …
Tariff Rates Against China Still Historically High as Trump Touts New Trade Deal
A tentative agreement between the White House House and Beijing would, among other things, restore US access to valuable materials from China.
Trump tariffs live updates: US-China trade framework takes shape as Trump says deal ‘done’
The US and China agreed to a framework and implementation plan to ease tariff and trade tensions on Tuesday. President Trump signaled his approval, saying the deal was “done” pending sign-off from him …
US-China trade deal is done, says Trump
Donald Trump has said the US has struck a trade deal with China following 48 hours of talks between the two countries.
Message for Trump? In China, European Central Bank prez warns against being a ‘bully’ in global commerce
Coercive trade policies are not a sustainable solution to today’s trade tensions,’ European Central Bank President Christine Lagarde said without mentioning Trump’s name …
ECB president urges global cooperation to address trade tensions
One-sided adjustments to resolve global frictions have consistently fallen short, often leading to unpredictable and costly consequences, says European Central Bank President Christine Lagarde – Anado …
As US trade truce gets back on track, some Chinese exporters are ‘slowly dying’
Jacky Ren, who owns a kitchen appliance factory in China, says exporters in his industry are now selling at a loss to keep their U.S. clients, with little power to say “no” to requests for…
ECB, China’s central bank renew cooperation agreement
The European Central Bank said on Wednesday it signed a memorandum of understanding with the People’s Bank of China to update their existing cooperation in central banking.
ECB’s Lagarde slams ‘coercive trade policies’ in Beijing visit
European Central Bank chief Christine Lagarde warned Wednesday that “coercive trade policies” risked harming supply chains and the global economy, and called for a de-escalation of a tariff standoff …
Asia shares climb after China and the US say they have a framework for seeking a trade deal
Asian shares mostly rose Wednesday after China and the U.S. said they had reached agreement on a framework for following up on the trade truce reached last month in Geneva. Japan’s benchmark Nikkei …
A new car for $7,700: In China, fears grow of an EV financial crisis amid pricing war
Electric vehicle makers in China, led by the country’s market leader BYD, have been engaged in a bruising price war, depressing profits in the industry.
In trade standoff with China, U.S. might have a losing hand
Beijing is arguably in a stronger position than Washington, as it can navigate shortages in advanced chips better than the U.S. can do without rare earths.
