Treasury Secretary Scott Bessent cited ‘substantial progress’ in talks with China Sunday and pledged a ‘complete briefing’ Monday morning.
Tagged By financials
US, China hold 2nd day of tariff talks. No breakthroughs but Trump touts ‘great progress’
China’s official news agency took a tough approach Saturday, saying China will “firmly reject any proposal that compromises core principles or undermines …
China’s unemployed Gen Z are proudly calling themselves ‘rat people’ in a rebellion against burnout
Instead of even trying to chase jobs that seem out of reach, many Gen Zers are embracing living like a rat—not showering or leaving their dwelling for days at a time. Experts say the movement…
US-China financial ties face growing strains as trust erodes amid trade tensions
Mutual trust between Washington and Beijing has deteriorated considerably, but a complete severing of ties is highly unlikely, economists say.
Wary investors hope US-China talks cool high-stakes trade war
Investors are hopeful that U.S.-China trade talks this weekend will cool a trade war between the world’s two largest economies and dispel some of the uncertainty clouding financial markets, though few …
US and China Hold High-Stakes Talks on Trump’s Tariffs: What To Know
American and Chinese officials have started talks in Switzerland to de-escalate a trade dispute between the world’s two biggest economies that has global implications. There is hope that the countries …
US and China Are Meeting to Talk Trade This Weekend—Here’s What We Know
U.S. and Chinese officials are set to meet in Switzerland to discuss potentially de-escalating the trade spat that has resulted in high tariffs for each country.
Donald Trump says 80% tariffs on China ‘seems right’ ahead of Beijing talks
US President Donald Trump said Friday that 80 per cent tariffs on Chinese goods “seems right” – as top Washington and China officials brace for high-level weekend talks to de-escalate the trade war …
US stock futures flat after markets rally on Trump trade deal with UK
U.S. stock futures point to a flat open after the market rallied on President Donald Trump’s first trade deal.
China’s central bank to encourage financial support for consumption and trade
China’s central bank will guide financial institutions to expand support for consumption and foreign trade, it said in its monetary policy implementation report for the first quarter, which was …
China’s central bank to spur financing support for consumption, trade
BEIJING: China’s central bank said on Friday (May 9) it will spur financial institutions to expand support for consumption and foreign trade amid a protracted trade war with the United States. Beijing …
China’s April bank lending seen plunging from a month ago: Reuters poll
China’s April new yuan loans probably shrank significantly from March levels as the trade war with the United States further weighed on the market at a traditionally quiet time of the year, according …
China, finances and a culture clash — the challenges facing Pope Leo XIV
The hopeful case is that the new Holy Father will come prepared to tackle two major challenges for the church: its rickety financial and management structure and its internal divisions. He is regarded …
