China and Hong Kong stocks extended their losses on Thursday as investors remained sceptical that a meeting between US President Donald Trump and Chinese President Xi Jinping would deliver a broader breakthrough in relations between the world’s two largest economies, Reuters reported. China’s blue-chip CSI300 index fell 1.3% by the lunch break, while the Shanghai…
US President Donald Trump will meet Chinese President Xi Jinping on October 30 in South Korea, the White House confirmed. “On Thursday morning local time, President Trump will participate in a bilateral meeting with President Xi of the People’s Republic of China,” White House press secretary Karoline Leavitt said at a briefing on Thursday. The…
US Treasury Secretary Bessent announced on Wednesday (October 15) that 85 US senators are willing to grant President Donald Trump the authority to impose tariffs of up to 500% on China for purchases of Russian oil Bessent said, “85 US senators are willing to give President Trump the authority to put up to 500% tariffs…
FILE – President Donald Trump, left, shakes hands with China’s President Xi Jinping during a meeting on the sidelines of the G-20 summit in Osaka. AP/PTI(AP10_13_2025_000160B) US Treasury Secretary Scott Bessent has accused China of attempting to undermine the global economy by imposing export controls on critical rare earth minerals and resources essential for technology…