Us China Trade War

The great bull-market in India is over; prefer bonds, cash: Marc Faber

Foreign investors, Faber said, will reduce their exposure to markets around the world. "That is one reason I am reasonably positive about the US dollar," he added.

China opposes US sanctions on five firms linked to ex-Google engineer

Beijing on Tuesday expressed "firm opposition" to the Trump administration's sanctions on five Chinese companies connected to a former Google engineer accused of intellectual property theft. The move "severely harms the legitimate rights and interests" of Chinese businesses, the country's commerce ministry said in a statement. "The nature of this act is egregious. China firms opposes this." The ministry also urged the US to "correct its erroneous practice" and said Beijing would take "necessary measures", without specifying them. It came a day after the US State Department imposed sanctions on five Chinese companies connected to Linwei Ding, who founded Shanghai Zhisuan Technology. The department said he had touted his experience with Google and claimed his company could replicate the American tech giant's super intelligence infrastructure technology. The start-up incubation programme MiraclePlus, which was sanctioned along with Zhisuan, gave seed capital in exchange for an ownersh

US-China tensions persist despite Trump-Xi summit's rare warmth: Trump aide

Serious differences persist between the US and China despite the recent summit between Chinese President Xi Jinping and his US counterpart Donald Trump in Washington, which was marked by rare bonhomie, a close Trump aide said. Both sides still have issues that predated Xi's visit last week and would continue working on them, Republican Senator Steve Daines, a close Trump aide and key interlocutor between Washington and Beijing, told the Hong Kong-based South China Morning Post. "So that's again why it's really important to keep the dialogue going between two countries because both sides admit we've got some serious differences. But the answer is not to retreat. The answer is to stay engaged," Daines said. Daines, who played a key backchannel role ahead of Xi's visit, was responding to US Ambassador to China David Perdue's accusation that Beijing was "weaponising" its dominant position in critical minerals. In an interview with Fox News Sunday on September 27, Perdue made these ...

The birth of the G2?

Xi's US state visit signals that, for Mr Trump at least, the G2 age has begun

US, China release product lists under planned $30 billion tariff deal

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

China, US hold in-depth talks on tariffs, AI issues ahead of Xi-Trump meet

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 ...

Fast food from US, China catches on in both countries amid trade tensions

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 companies lift China investment as US outlays fall, shows IW study

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

Trump weighs 7.5% tariff on China for flooding market with cheap goods

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 ...

Best of BS Opinion: Digital transactions haven't dented demand for cash

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

Trump admin deploys AI to crack down on China-linked tariff dodging

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

Why Moonshot AI's launch has put Chinese startups in US crosshairs

The US concerns come as Chinese AI artificial intelligence (AI) companies rapidly expand their presence in the global market

Trump accuses China of interfering in 2020 US elections, threatening truce

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

US firms remain cautious about investing in China despite improved profits

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

Vietnam emerging as Asia's rising power by balancing US-China rivalry

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

China to buy $17 bn worth of US agricultural products annually: White House

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

Why Xi Jinping may choose patience over rushing into a deal with Trump

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 set to meet Xi in Beijing as war, inflation weigh on his presidency

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

China confirms Trump's Beijing visit from May 13-15 amid Iran tensions

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