US President Donald Trump on Monday set the tone for his upcoming meeting with China’s President Xi Jinping, saying the two countries would strike a “fantastic deal” — and warning that failure to reach an agreement could see China face potential tariffs of 155%.“I think we’re going to end up having a fantastic deal with…
This week, Chinese leader Xi Jinping is convening a key political meeting at which he will push the next five-year plan to strengthen the country’s economy – the world’s second-largest – amid rising tensions in relations with the United States. The gathering, known as the Fourth Plenum, gives Xi the opportunity to showcase China’s characteristic…
US Treasury Secretary Scott Bessent confirmed plans to speak with Chinese Vice-Premier He Lifeng on Friday in a further sign of easing tensions ahead of a potential meeting between the two countries’ leaders. “The vice-premier, who is my counterpart, and I will be speaking this evening at around 8.30, 9 o’clock,” Bessent said at the…
Workers at a large Nexperia packaging plant in the southern Chinese city of Dongguan said they are worried about becoming collateral damage in a simmering political dispute between the Netherlands and China that has upended the management of the Dutch semiconductor maker. During a visit by the Post on Thursday, operations at the factory appeared…
AI image for representation The TOI correspondent from Washington: The trade war between the United States and China dramatically escalated this week, reaching a new and alarming phase after tit-for-tat export controls that rattled markets even as they were closing on Friday. Barring a pullback by both sides over the weekend, more pain is expected…
New Delhi External Affairs Minister S Jaishankar on Sunday underlined the increasing influence of US-China relations on the global political landscape and warned of a growing trend of competition and risk in international affairs. Jaishankar made these remarks at the 4th Kautilya Economic Conclave in New Delhi today. Focusing on the…
By KEN MORITSUGU, Associated Press SHANGHAI (AP) — The head of a U.S. congressional delegation visiting China said he backed renegotiating the rules governing the global economy to take into account China’s rise and that of others such as India and Brazil. Rep. Adam Smith, a Democrat from Washington state, told the mayor of Shanghai…
A bipartisan delegation of US lawmakers visited Beijing on Sunday (September 21), meeting with China’s Premier Li Qiang in a rare House of Representatives trip aimed at “breaking the ice” and strengthening ties between the world’s two largest economies. The visit comes amid ongoing tensions over trade, TikTok, and military activity in the South China…
US President Donald Trump said Friday he had a “very productive” phone call with Chinese President Xi Jinping, claiming they made progress on “many very important issues including Trade, Fentanyl, the need to bring the War between Russia and Ukraine to an end, and the approval of the TikTok Deal.” In a Truth Social post,…
An expected phone call between Chinese President Xi Jinping and US President Donald Trump on Friday could pave the way for further engagement and progress towards a possible summit between the two leaders, according to a prominent Chinese academic. “Tomorrow’s phone call will give a sense of direction – whether the [US-China] relationship is moving…