Chinese officials including Vice Premier He Lifeng began their latest round of trade talks with a US delegation in Madrid (Thomas COEX) China and the United States kicked off the latest round of trade talks on Sunday in Madrid, where they are set to thrash out their TikTok dispute and President Donald Trump’s promised hefty…
China’s coal and gas usage declined this summer despite increasing electrical demand, according to Bloomberg. Chinese officials asked coal producers to cut back on output, leaving renewables and storage to meet electrical demand. While that might strain energy production, the government only needed to get a small number of factories to lower electrical demand for…
(Reuters) -China wants the United States to ease export controls on chips critical for artificial intelligence as part of a trade deal before a possible summit between Presidents Donald Trump and Xi Jinping, the Financial Times reported on Sunday. Chinese officials have told experts in Washington that Beijing wants the Trump administration to relax export…
(Reuters) -China wants the United States to ease export controls on chips critical for artificial intelligence as part of a trade deal before a possible summit between Presidents Donald Trump and Xi Jinping, the Financial Times reported on Sunday. Chinese officials have told experts in Washington that Beijing wants the Trump administration to relax export…
By David Lawder STOCKHOLM (Reuters) -U.S. Treasury Secretary Scott Bessent on Tuesday said he warned Chinese officials that continued purchases of sanctioned Russian oil would lead to big tariffs due to legislation in Congress, but was told that Beijing would protect its energy sovereignty. Wrapping up two days of U.S.-China trade talks in Stockholm, Bessent…
[Source] China has blocked at least two Americans — a Commerce Department employee and a Wells Fargo banker — from leaving the country in recent weeks, according to reports. Who’s stuck The Commerce Department employee, who works under the Patent and Trademark Office, has been barred from leaving China for months after reportedly failing to…
President Xi Jinping has spoken out against unilateral sanctions and trade barriers – reiterating China’s support for globalisation as the international economic environment turns more protectionist – in an article published on the opening day of a high-profile supply chain expo. Wednesday’s piece in Qiushi – the leading theoretical journal of the ruling Communist Party…
As its sales continue to crater in the US and Europe, Tesla’s reliance on China — its second-largest market and biggest production hub — is growing. But thanks to a surge in far more price-competitive and lucrative offerings from Chinese EV manufacturers like BYD, Tesla’s woes look poised to metastasize there as well. Its market…
Jiang Enzhu, the first head of the central government’s liaison office in post-handover Hong Kong, famously likened understanding the city to reading a challenging book – one that demands serious attention and effort. At the time, his words served as a cautionary note to mainland officials. Now, Hong Kong having marked the 28th anniversary of…