China, Donald Trump
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Since US President Donald Trump – just days into his second term – began imposing tariffs on China for its role in the flow of deadly opioids like fentanyl into the United States, Beijing’s message has been clear.
External demand continues to support Chinese economic growth, as the first-half trade surplus surged to a new high of $586bn.
Shoppers are taking advantage of a $42 billion government trade-in program aimed at boosting spending. But in recent weeks, some cities have started to cut back on the subsidies.
China faces significant challenges advancing its semiconductor lithography, a key hurdle for its drive toward technological self-sufficiency and superiority in the trade war with the US.
3don MSN
China and the Association of Southeast Asian Nations have agreed to submit a pact upgrading their free trade areas to their leaders for approval in October, according to China's foreign minister Wang Yi on Saturday.
Washington's top diplomat arrived in Malaysia on Thursday in his first trip to Asia since taking office, where he joined foreign ministers of the 10-member Association of Southeast Asian Nations in Kuala Lumpur and met with senior Malaysian officials and his Russian counterpart, Sergei Lavrov.
The 10th edition of China Trade Week opened at Nairobi's KICC with a strong call for Kenyan youth to embrace tech partnerships with Chinese firms.
The total value of goods exchanged between the US and China plunged below 2020's pandemic era low in the second month of the new tariff war between two nations.