Donald Trump shakes hands with China’s President Xi Jinping during a meeting in 2019 (File photo) US President Donald Trump announced on Monday that Chinese counterpart Xi Jinping would likely be visiting the United States in the near future, amidst escalating trade disputes between the two largest global economies over Trump’s tariff policies.“He’ll be coming…
Consumption, investment and industrial output topped estimates to start the year in China, pointing to signs of resilience for an economy still in need of more stimulus as Donald Trump‘s tariffs threaten growth. The upswing suggested Beijing’s pro-growth pivot since late September continued to feed momentum. At the same time, the property market stayed under…
BEIJING, March 17 — China’s retail sales growth quickened in January-February in a welcome sign for policymakers’ efforts to boost domestic consumption even as joblessness rose and factory output eased, underscoring the strains on an economy facing fresh US tariff pressure. Policymakers have put expanding domestic demand as the top priority this year as they…
Chip sales to the world’s second-largest economy including Hong Kong fell 31.8 per cent from a year earlier, according to South Korea’s Ministry of Trade, Industry and Energy. That was bigger than the 22.5 per cent contraction reported for January and comes after a 2024 rally that helped fuel South Korea’s economic growth. High-bandwidth memory…
Valuation guru Aswath Damodaran has spelled out a warning of sorts for India’s growth story as the world, led by the US, takes a more protectionist turn. In his latest blog post, Damodaran said India will face many more hurdles in its path to achieve economic growth, unlike China which relatively had smoother sailing in…
The Chinese Embassy in the US reacted to President Donald Trump’s tariffs over the fentanyl issue, saying Washington needs to treat China as an equal. FILE PHOTO: U.S. President Donald Trump takes part in a welcoming ceremony with China’s President Xi Jinping in Beijing, China, November 9, 2017.(Reuters) “If the US truly wants to solve…
After the United States’ second 10% tariffs on Chinese goods took effect Tuesday, China retaliated by imposing 10% to 15% tariffs on certain U.S. agricultural imports, as well as export bans on 15 U.S. firms. China also filed a dispute complaint against the U.S. at the World Trade Organization. China’s tough gesture has won support…
Mar 04, 2025 07:42 AM IST The Trump administration has argued that China supplies chemicals used in fentanyl production. China has denied wrongdoing. China vowed countermeasures against the US decision to impose tariffs on the country’s products on Tuesday. The US decision is related to fentanyl and other issues. FILE PHOTO: U.S. President Donald Trump…
With China retaliating swiftly, slapping 15% tariffs on select US goods, the battle lines are once again drawn in a high-stakes economic standoff. But amid the turmoil, a new opportunity emerges for India—one that could shift global supply chains and strengthen its foothold in key US markets. India, which directly competes with China in sectors…
Jamieson Greer, President Donald Trump’s pick for the next US Trade Representative, said this week that he looks forward to breathing life into a trade deal that China and the United States reached in 2020.His remark has sparked speculation among analysts about how the lopsided trade equation between Washington and Beijing could be addressed. Significance…