The TOI correspondent from Washington: In what appears to be a tectonic shift in American foreign policy and world order, US President Donald Trump has openly embraced China as a functional equal, heralding a new duopoly that jettisons Washington’s decade-plus view of Beijing as an existential threat, while leaving other powers like EU, Russia, India,…
OMAHA, Neb. (AP) — American farmers welcomed China’s promise to buy some of their soybeans, but they cautioned this won’t solve all their problems as they continue to deal with soaring prices for fertilizer, tractors, repair parts and seeds. The Chinese promise to buy at least 25 million metric tons of soybeans annually for next…
BANGKOK (AP) — Asian markets surged Monday after Wall Street finished a winning week, overcoming worries over bank lending and the trade war with China. U.S. futures edged higher while oil prices fell. Japan’s benchmark Nikkei 225 jumped 2.9%, to 48,970.40, setting a new record, after its governing Liberal Democrats found a new coalition partner,…