Page 16 - Us China

China denies trade talks with US, contradicts Trump's tariff war claims

China has reiterated that Beijing is open to dialogue with the United States, however, negotiations must be equal, respectful, and reciprocal

From tech bans to ending ties, US states have over 240 anti-China measures

State lawmakers across the US have introduced at least 240 anti-China proposals this year, aiming to ensure public funds don't buy Chinese technology or even T-shirts, coffee mugs and key chains for tourists. They're also targeting sister-city relationships between American and Chinese communities. After years celebrating trade ties with China, states don't want police to buy Chinese drones, government agencies to use Chinese apps, software or parts, or public pension systems to invest in Chinese companies. A new Kansas law covers artificial intelligence and medical equipment, while in Arkansas, the targets include sister-city ties and state and local contracts for promotional items. Tennessee now prohibits health insurance coverage for organ transplants performed in China or with organs from China. Either the United States or China is going to lead the world in the next few decades, Arkansas Gov Sarah Huckabee Sanders said after successfully pushing a wide-ranging Communist China

Bessent says China tariffs not sustainable as US willing to de-escalate

Bessent said the tariffs - 145 per cent on Chinese products and 125 per cent on US products - would have to come down before trade talks can proceed

Bessent says IMF, World Bank need reform, sees chance for China deal

Treasury Secretary Scott Bessent leveled harsh criticism at the operations of the World Bank and the International Monetary Fund on Wednesday even as he tried to reassure nervous investors that the United States would maintain its global leadership role. America first does not mean America alone, he said in a speech to the Institute of International Finance, where he also promised support for the multilateral banks' core missions. "To the contrary, it is a call for deeper collaboration and mutual respect among trade partners. Although Bessent said the IMF and the World Bank are falling short, he did not call for the US to withdraw from the institutions, as some conservatives had advocated in a Project 2025 proposal created by the Heritage Foundation. He said the institutions serve critical roles in the international system. And the Trump administration is eager to work with them so long as they can stay true to their missions. It was the latest example of how Bessent, a former hed

Chinese state funds pull back from US private equity amid trade war

Chinese sovereign wealth funds have invested billions into leading US firms such as Blackstone, Carlyle Group, TPG, Vista Equity Partners, and Thoma Bravo

Trump signals cutting China tariffs 'substantially' if trade deal reached

China hasn't officially responded to Trump's pledge to play "nice" but the media outlet Cailian called it "a sign that Trump is already softening stance on his signature tariff policies"

Why Asia may embrace Donald Trump's trade plan-if it cuts out China

Faced with Chinese overcapacity and unfair trade, several Asian economies are cautiously eyeing Trump's anti-China trade coalition-if the terms fit their industrial goals

Dollar jumps after Bessent predicts easing of US-China trade tensions

The US dollar index, which measures the greenback against six other major currencies, was up 0.6 per cent at 98.937, after sinking as low as 97.923 in the previous session

Global laptop brands tap India as China risk grows, PLI gains traction

India's ₹17,000-crore PLI scheme is making global laptop brands like Asus, HP and MSI to shift production from China to India, boosting domestic manufacturing and ecosystem development

US-China trade war: Counting chickens in India's opportunity talk

Beneath the optimism lies a more sobering reality

China tests non-nuclear hydrogen bomb: Here's what it is capable of

China's PLA tests a clean-energy hydrogen bomb using magnesium hydride, signalling a shift in warfare tech to accommodate cleaner energy solutions

China's US envoy urges end to trade war, but warns Beijing ready to fight

Xie said tariffs would devastate the global economy and drew a parallel between the Great Depression

Reluctant to keep raising trade tariffs on China, says Donald Trump

Trump, speaking to reporters in the Oval Office on Thursday, said officials he believed represented the Chinese leader Xi Jinping had sought to start talks

'We're going to make a very good trade deal with China', says Trump

According to a White House fact sheet, China's retaliatory actions have resulted in up to a 245 per cent tariff on imports to the United States

Xi Jinping pushes for 'Asian Family' unity amid US trade pressure

In another thinly-veiled swipe at the US, the Chinese leader reiterated his call to fight unilateralism in an article published Thursday in Cambodian media ahead of his arrival in the capital

China confirms ongoing tariff talks with US, calls for fair resolution

China on Thursday said it is in working-level communication with the US on the deadlock over their high-intensity tariff war but asserted that the person who tied the bell should untie it. The Chinese Commerce Ministry spokesperson He Yongqian was reacting to a jibe from US President Donald Trump, who was quoted as saying, The ball is in China's court, and China needs to make a deal with us. In response, the Chinese spokesperson quoted a proverb, saying, The person who tied the bell must be the one who unties it. Analysts here said talks between the two countries will be held at official levels before any dialogue between top leaders. In response to a question, spokesperson He told the media briefing here that the ministry has been always maintaining working-level communication with its US counterparts. While expressing Beijing's willingness for talks He, however said, We urge the US to immediately stop its maximum pressure tactics, coercion, and blackmail, and resolve differences

China stocks face risk of $800 billion US outflows, says Goldman Sachs

Currently around 7 per cent of market capitalisation of Chinese companies' American Depositary Receipts, or ADRs, are held by US institutions

Xi calls for 'Asian family' unity as Trump seeks to confine China

Xi emphasised solidarity in a speech at a state dinner in Malaysia as the Trump administration prepares to seek trade partners' cooperation in encircling Beijing

BluSmart halts ride bookings, US' 245% tariffs on China, SC on Waqf Bill & more

Electric ride-hailing startup BluSmart has abruptly halted new ride bookings in most parts of Delhi-NCR and Bengaluru. While the app remains live on the Play Store, users are unable to schedule rides.

China faces up to a 245% tariff on imports to the US, says White House

US President Trump signs executive order to investigate into the national security risks associated with imported critical minerals