The US and China have extended their trade truce for another 90 days, just hours before the world’s two biggest economies were set to raise tariffs on imports of each other’s goods. On Monday, US…
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China urged to curb excessive cash burn, not competition, to fight ‘neijuan’
Instant retail has potential to boost domestic demand, but more government policy support needed to end excessive competition, central bank adviser says.
Tariffs Backfire? Trade Truce Extended as China Surges, US Still Imports
Fears about US tariffs hurting China’s economy were overblown. New data show that China posted a record $683.5 billion trade surplus.
China offers interest subsidies for loans to boost consumption
China will offer interest subsidies for businesses in eight consumer service sectors including catering and tourism, in a bid to support services consumption amid a slowing economy.
China Reportedly Bars Nvidia’s H20 Chips In Sensitive Sectors, Jeopardizing US Push for 15% Revenue Cut
China woes continue to abound, with a new report stating that President Xi Jinping’s administration has asked local companies to avoid using the artificial intelligence (AI) stalwart’s China-compliant …
Trump’s trade war with China in 2025
U.S. President Donald Trump has targeted top economic rival China with a cascade of tariff orders on billions of dollars of imported goods aimed at narrowing a wide trade deficit, bringing back lost …
Asia stocks rise as US-China tariff truce supports sentiment
By Jaspreet Kalra SINGAPORE (Reuters) -Asian stocks rose on Tuesday with Japanese equities hitting a record high as the extension of the tariff truce between the U.S. and China boosted sentiment and …
US and China extend trade truce deadline to avoid tariffs hike
The US and China have extended their trade truce until 10 November, just hours before a jump in tariffs had been set to take effect. In a joint statement, the world’s two biggest economies said…
Trump extends US-China tariff relief for 90 days
President Donald Trump has signed an executive order extending the pause on U.S. tariffs on Chinese goods for another 90 days, a White House official told CNBC on Monday.
Nvidia and AMD to pay 15% of China chip sale revenue to US government in an unusual agreement
NEW YORK (AP) — Nvidia and AMD agreed to share 15% of their revenues from chip sales to China with the U.S. government, a U.S. government official has confirmed.
Trump opens door to sales of version of Nvidia’s next-gen AI chips in China
U.S. President Donald Trump on Monday suggested he might allow Nvidia to sell a scaled-down version of its next-generation advanced GPU chip in China, despite deep-seated fears in Washington that …
Nvidia, AMD to pay U.S. government 15% of AI chip sales to China
The agreement between the chipmakers and the U.S. government will allow Nvidia and AMD to obtain export licenses to resume sales to China.
Trump reportedly signs order granting another 90-day extension on harshest China tariffs
President Trump on Monday announced the expected extension of an Aug. 12 deadline for the US and China to make a deal on trade.