Central Military Commission Vice Chairman He Weidong walks by Chinese President Xi Jinping as he arrives for a ceremony to commemorate Martyrs’ Day, on the eve of the 75th founding anniversary of the People’s Republic of China, on Tiananmen Square in Beijing, China, on September 30, 2024. [Florence Lo/Reuters] Chinese President Xi Jinping was to…
Wealthy investors in Asia, sitting on piles of cash built up since the pandemic, are looking to hedge their bets, shifting their assets out of U.S. equities and into the Chinese stock market and gold. (Nikkei illustration) Trading Asia Region is home to the world’s second-largest group of ultrawealthy investors LISA KIM and JADA NAGUMO October…
Minnesota is a major player in U.S. agriculture, ranking sixth in production. However, an ongoing trade war has some farmers worried about selling in the years to come. A panel of speakers gathered in Lakeville Saturday, including U.S. Rep. Angie Craig and Thom Petersen, Minnesota’s Commissioner of Agriculture. The panel was part of the Free…
US Secretary of the Treasury Scott Bessent, left, speaks with Chinese Vice Premier He Lifeng, right, during a bilateral meeting between the United States and China, in Geneva, Switzerland, on Saturday, May 10, 2025. Keystone/eda/martial Trezzini | Via Reuters U.S. Treasury Secretary Scott Bessent said on Friday he expects to meet next week with Chinese…
China and the United States have agreed to hold a new round of trade negotiations in the coming week, aiming to de-escalate tensions between the world’s two largest economies. The decision comes as both sides seek to prevent another round of retaliatory tariffs that could further strain global markets, News.Az reports, citing foreign media. Beijing…
Myanmar’s ruling junta said on Saturday that it had recaptured a town on a trade highway to China from an ethnic armed group in the country’s war-wracked north. Following a 16-day operation, “Tatmadaw reoccupied Hsipaw completely” on Thursday, the state-run Global New Light of Myanmar newspaper said, referring to the military by its Burmese name….
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Key Points Demand for copper is expected to surge over the next decade, powered partly by the ongoing AI boom and a ramp-up in European defense spending. A “fragility” of supply chains, magnified by the current flare-up of trade tensions, shows why a diversity of supply is critical going forward. London Metal Exchange CEO Matt…
China’s Commerce Minister Wang Wentao, on October 16, blamed the recent escalation in trade tensions with the US on American actions following the latest round of bilateral talks in Madrid in September. “The recent fluctuations in China-US economic and trade relations are mainly due to the US’s intensive introduction of a series of restrictive measures…
Workers assemble an Volkswagen’s ID.3 GTX FIRE+ICE electric car on a production line at the Volkswagen electric car factory on October 13, 2025 in Zwickau, Germany. Jens Schlueter | Getty Images News | Getty Images Automotive industry groups have raised the alarm over the ramifications of China’s latest move to restrict critical rare earth exports,…