Late last month, Chinese President Xi Jinping and US President Donald Trump reached a trade truce in Busan, South Korea, on the sidelines of the Asia-Pacific Economic Cooperation (Apec) summit. Beyond the pre-existing tariffs imposed by the first Trump administration and reinforced by the Biden administration, the current Trump administration will now levy an additional…
US President Donald Trump signed an order on Tuesday to lower fentanyl-related tariffs on Chinese products, formalising a key part of his deal with Chinese leader Xi Jinping after their first face-to-face talks in years. Shortly after returning to the presidency this year, Trump imposed additional tariffs of 20 per cent on goods from China…
Another high-stakes face-off between the United States and China has come and gone. The much-anticipated summit between Chinese President Xi Jinping and US President Donald Trump in Busan, South Korea, resulted in agreement on several points. The US agreed to reduce its so-called fentanyl tariffs on China by 10 per cent, suspend recently tightened technology…
President Xi Jinping reaffirmed Beijing’s commitment to Moscow, saying it was a “strategic choice” to strengthen ties, during a meeting with visiting Russian Prime Minister Mikhail Mishustin on Tuesday. Xi told Mishustin that China-Russia ties were advancing with steady determination “despite the turbulent and challenging external environment”, according to state news agency Xinhua. “Safeguarding, consolidating…
China’s top envoy to the US said the top priority for both countries is to translate recent outcomes from meetings in Busan and Kuala Lumpur into concrete actions without “causing new disruptions”. Speaking via video link to the US-China Business Council’s annual conference in Shanghai, Xie Feng also reiterated Beijing’s four red lines, including the…
The European Union does not believe its industries are covered by a “de facto removal” of China’s historical restrictions on the export of rare earths and other critical minerals announced by the White House on Saturday. In a fact sheet detailing the outcomes of US President Donald Trump’s summit with Chinese President Xi Jinping last…
China’s top diplomat has called the summit between Chinese President Xi Jinping and US President Donald Trump “a historic moment” that would help reduce misunderstanding and prevent major fluctuations in their countries’ bilateral ties. Foreign Minister Wang Yi also noted that Shenzhen in southern China was getting ready to host next year’s Apec summit, a…
Beijing and Washington may be set to revive dormant military communication channels but it is just a first step and the two sides are still some way from genuine trust, an observer has cautioned. The assessment followed US Defence Secretary Pete Hegseth’s announcement on social media on Sunday that the two countries had “agreed that…
Wingtech Technology, the Chinese owner of Nexperia, has named experienced general counsel Sophie Shen Xinjia, a Columbia Law School graduate, as its president amid a Sino-Dutch dispute over control of the Netherlands-based chipmaker. Shen’s tenure as president would be in line with that of Wingtech’s 12th board, which was formed in January and will expire…
US President Donald Trump’s call to “immediately” resume testing of nuclear weapons, citing Beijing and Moscow’s rapid nuclear build-up, could drive China to “accelerate” its own efforts to develop its strategic forces, according to analysts. On Thursday, Trump posted on social media that he had instructed the Pentagon to start testing US nuclear weapons “on…