(Bloomberg) — US Treasury Secretary Scott Bessent and China’s Vice Premier He Lifeng will lead talks on trade and other pressure points Sunday in New York ahead of next week’s summit between the leaders of the world’s two biggest economies. The negotiators will lay the groundwork for a high-profile meeting between President Donald Trump and…
The White House’s top science adviser on Wednesday said that the Biden administration’s decision to get rid of the Justice Department’s China Initiative was “damaging”, though stopped short of recommending that it should be fully brought back. Asked by Florida Republican Daniel Webster whether the termination of the programme aimed at combating alleged economic espionage…
(Bloomberg) — Chinese investors hunting for the next artificial intelligence winners are looking beyond high-flying chipmakers to the utilities and metal producers that form the industry’s physical backbone. The shift toward the sector’s supply chain — from power generators to materials used in data centers — reflects growing concern over lofty valuations in pure-play AI…