Rare earths will remain an “important card” for China in its relations with the United States, despite the Group of Seven’s commitment to challenge Beijing’s dominance of the critical minerals, according to a Chinese observer. At a meeting in the Canadian city of Toronto on Friday, G7 energy ministers agreed to establish a critical minerals…
US Treasury Secretary Scott Bessent, in a recent interview, said that China has allegedly made a ‘real mistake’ threatening to shut off the exports of rare earth minerals to foreign nations, as now the United States will potentially try to secure alternative supplies in the next two years, reported the news portal Financial Times on…
Chinese President Xi Jinping and South Korean President Lee Jae-myung held talks on Saturday, discussing ways to advance practical cooperation between the two countries and the progress on the denuclearisation of the Korean peninsula. It was the first one-on-one meeting between Xi and Lee since the latter assumed office in June. The meeting took place…
China will host the Asia-Pacific Economic Cooperation (Apec) meeting in its southern city of Shenzhen in November next year. The announcement was made on Saturday by Chinese President Xi Jinping as world leaders wrapped up this year’s Apec meeting, held in the South Korean city of Gyeongju. Xi, who was speaking at a handover ceremony,…
Just back from his whirlwind Asia tour, US President Donald Trump on Friday hailed a newly negotiated trade deal with China as a “long-lasting” victory even as he teased the possibility of more tariff concessions. Aboard Air Force One en route to his Palm Beach, Florida, resort, Trump painted the Busan, South Korea, summit with…
As Minnesota farmers wrap up fall harvest, many are celebrating a soybean deal with China. President Trump’s trade war with China had put pressure on farmers across the state, but over the past couple days, that’s changed. “In my area it was a fantastic season,” said Ryan Mackenthun, who farms in McLeod County. “You couldn’t…
The leaders of China and Canada held their first formal talks since 2017 on Friday, with both sides agreeing to revive exchanges and cooperation in an effort to repair strained ties. Chinese President Xi Jinping met Canadian Prime Minister Mark Carney on the sidelines of the Asia-Pacific Economic Cooperation (Apec) summit in Gyeongju, South Korea,…
My top 10 things to watch Friday, Oct. 31 1. Apple posted a great quarter last night with strength even in the company’s China market. Naysayers of the stock, who had previously cited certain iPhone lead time estimates and lukewarm reviews, along with the impact of President Donald Trump ‘s tariffs, are finally discredited. The…
new video loaded: How the Trump-Xi Meeting Eased a Major Trade War President Trump and China’s leader Xi Jinping just had a highly anticipated meeting in South Korea. David Pierson, a New York Times foreign correspondent covering China, breaks down what they accomplished and how they de-escalated a major trade war. By David Pierson, Christina…
US President Donald Trump hailed his high-stakes meeting on Thursday with Chinese leader Xi Jinping as a “great success”, marked by progress on thorny trade issues. Trump agreed to reduce America’s fentanyl-related tariffs on China by 10 percentage points and cut the overall tariff rate on Chinese imports from 57 per cent to 47 per…