The list for goods entering the US contains 77 entries, including fireworks, household products, sporting equipment and toys, according to documents published by both governments
Top officials from the US and China held "candid, in-depth and constructive" talks on economic and trade issues, including on AI, ahead of Chinese President Xi Jinping's visit to Washington, official media reported on Monday. The talks were held between Chinese Vice Premier He Lifeng, US Treasury Secretary Scott Bessent and American Trade Representative Jamieson Greer in New York on Sunday, China's state-run Xinhua news agency reported. Guided by the important consensus reached by the heads of state of the two countries, they have engaged in exchanges on important economic and trade issues of common concern, as well as the implementation of consensus reached in previous talks, by upholding the principles of mutual respect, peaceful coexistence and win-win cooperation, the report said. Xinhua said Bessent and the vice premier talked about issues "relating to AI" without mentioning specifics and also had "candid, in-depth and constructive" discussions on key economic and trade ...
China and the United States are divided on many issues, from tariffs and technology to Taiwan. But there is one thing tying them together: fast food. American restaurant and beverage chains are expanding rapidly in China, drawn by the potential customer pool in a country with four times the US population. China's languishing economy and cutthroat industry competition, meanwhile, have Chinese chains trying their luck in the US, turning crumbs and straws into a two-way cultural bridge between the two superpowers. The bilateral trade in burgers and bubble tea is business- and consumer-led gastrodiplomacy in action, said Yaling Jiang, the founder of ApertureChina, a market research company with headquarters in Shanghai and London. In China, recent American arrivals like Popeyes and Five Guys are seen as a guilty pleasure, she said, while the increasingly international palates of Americans have created space for Chinese brands to serve as their nation's unofficial ambassadors. "Consume
German firms invested €5.6 billion ($6.50 billion) more in China than in the same period of the previous year, based on IW's analysis of Bundesbank data
From merchant ships to tariffs, how the world's two largest economies navigate volatile ties
President Donald Trump is moving toward levying a new tariff on China that would penalise the world's second-largest economy for flooding the global market with underpriced goods, according to three people familiar with the matter. Two of the people, who spoke on condition of anonymity to discuss internal deliberations still being finalised, said Trump is considering setting the new tariff at 7.5 per cent. It's a level administration officials believe would not endanger the one-year trade truce between Washington and Beijing or a planned White House meeting between Trump and Chinese President Xi Jinping expected to take place in late September. The move, if finalised, appears to be a calibrated effort by the White House to work around a Supreme Court decision earlier this year that struck down Trump's plan to implement a sweeping, high-tariff scheme not seen since the 1930s. After that decision, the Trump administration announced in March it was launching formal investigations ...
Today's opinion pieces examine India's persistent demand for cash, aviation safety, the coming leadership change at Tata Sons, the impact of US-China trade and life inside Tihar
White House report accuses dozens of countries of helping China evade US tariffs through third-country transshipments, with the new AI set to track such illicit trade flows
The US concerns come as Chinese AI artificial intelligence (AI) companies rapidly expand their presence in the global market
President Donald Trump accused China of interfering in the 2020 US election and stealing voter data, reviving claims that US intelligence agencies have previously debunked
Just 49 per cent of the companies surveyed by the US-China Business Council said they planned to invest in the Asian country this year, up one percentage point from a record low last year
According to the Lowy Institute's 2025 Asia Power Index, Vietnam recorded the second-largest increase in overall influence in the region; it now ranks seventh in Asia for economic relationships
The release also stated that President Trump will host President Xi in Washington later this year, while both countries will support each other as hosts of the G20 and APEC summits
President Xi Jinping of China is buying time for Beijing and may see an opening with a US president weakened by the war in Iran
Trump said he had spoken with the Chinese leader and the meeting would be 'positive' as he embarked with a coterie of aides, CEOs and family members
Trump, who last visited China in 2017, will meet Xi Jinping in a much-anticipated summit that's already been rescheduled once due to the Iran war
The two countries will focus on identifying mutual areas of interest in trade
A successful meeting between the two leaders on May 14-15 may provide an extra boost for Chinese equities, which have lagged their Asian peers
Trump and Xi Jinping are slated to meet May 14-15 after their summit was rescheduled once due to the war, which has triggered an energy crisis and restricted supplies to importers of West Asia crude
In early February, China started trials for its largest artificial intelligence computing cluster for scientific research