China already has de facto stablecoins in the form of WeChat Pay and Alipay, a top economist at the country’s leading investment bank has argued – amid growing calls for Beijing to quickly adapt to…
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US, China announce a trade agreement — again. Here’s what it means
WASHINGTON — The United States and China have reached an agreement — again — to deescalate trade tensions. But details are scarce, and the latest pact leaves major issues between the world’s two …
U.S., China announce a trade agreement – again. Here’s what it means
The U.S. and China have reached an agreement — again — to deescalate trade tensions. But details are scarce, and the latest pact leaves major issues between the world’s two biggest economies …
China’s Central Bank Says Economy Is on Positive Track But Challenges Persist
China’s economy is showing positive signs and confidence is building, but challenges such as insufficient domestic demand and deflationary pressure persist, according to the country’s central bank.
Trump tariffs live updates: Trump says he is terminating trade talks with Canada; US, China clinch truce
President Trump on Friday said he was cutting off trade talks with Canada and threatened to set a new tariff rate on the country’s goods within the next week. Trump said the move was in…
Bumper orders for Xiaomi’s new SUV heighten threat to Tesla
SHANGHAI/BEIJING (Reuters) -Exceptionally strong initial orders for Xiaomi’s YU7 electric sport utility vehicle sent shares in the automotive newcomer to a record high on Friday and fanned speculation …
China’s central bank pledges to speed up policy response to economic conditions
China’s central bank said on Friday that it would adjust the pace and intensity of policy implementation in response to domestic and global economic and financial conditions. The world’s No.2 economy …
Trump tariffs live updates: Trump says US, China framework ‘signed’ as Bessent targets Labor Day for key deals
The US and China stepped closer to a full tariff and trade deal on Thursday, making a pact to formally cement the informal trade understanding reached in Geneva talks in May. “We just signed with…
Nike soars on a production shift away from China, but it warns of a $1 billion tariff hit
Nike’s shares jumped at the opening bell Friday after the company said it’s shifting some production away from China. But it also warned that tariffs imposed by the Trump administration will cost it …
China’s 344 billion yuan chip fund switches tack to fight US curbs: sources
BEIJING] China’s main chip investment fund is planning to focus on the country’s key shortcomings in sectors like lithography and semiconductor design software, adjusting its approach to better …
China’s $50 Billion Chip Fund Switches Tack to Fight US Curbs
China’s main chip investment fund is planning to focus on the country’s key shortcomings in sectors like lithography and semiconductor design software, adjusting its approach to better overcome US …
China, US ‘reach agreement on trade deal framework’
China confirmed on Friday details on the framework of a trade deal with the United States, saying Washington would lift “restrictive measures” while …
China confirms trade deal framework reached with United States
China confirmed on Friday details on the framework of a trade deal with the United States, saying Washington would lift “restrictive measures” while Beijing would “review and approve” items under …
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