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China Says US Trade Talks Important but Multilateralism Key to Solution
"While bilateral talks may sometimes work, China believes multilateralism is the inevitable and ultimate choice to address global challenges," China's mission to the World Trade Organization said in a statement at a two-day meeting of the WTO's General Council in Geneva.
US and China are already feuding again after unexpected trade truce
Just days after the United States and China declared a temporary truce over tariffs, tempers are already flaring: this time over the future of Beijing’s most advanced homegrown semiconductors.
China-US trade soars as exporters race to hit tariff truce window
In the week beginning May 12, bookings on freighters headed from China to US more than doubled from prior week. Read more at straitstimes.com. Read more at straitstimes.com.
China Ran Record Budget Deficit With Spending Blitz Amid Tariffs
China’s fiscal stimulus pushed its four-month budget deficit to a record high, as the government ramped up support for the economy during an escalation in its trade conflict with the US.The broad deficit reached 2.
The post-truce state of US-China trade looks dire
Markets appear to be writing off the latest Sino-American trade conflict as quickly as they priced it in. China’s benchmark CSI 300 index is up 1.4% this year, marking a full recovery from its sharp drop in early April after President Donald Trump announced a 34% reciprocal tariff on Chinese goods,
US-Sino AI Rivalry Enters ‘Competitive Coexistence’ After Tariff Truce
The temporary peace, signals not an end to hostilities but a new phase defined by careful maneuvering and a "competitive coexistence."
China isn’t getting rid of its controls over rare earths, despite trade truce with US
Despite a 90-day truce in its trade war with the United States, China appears to be maintaining tight control over its rare earth exports – preserving a key source of leverage in future negotiations amid intensifying strategic rivalry with Washington.
US-China tariff truce boosts markets and eases recession fears – Mark Lister
US and China agreed to a 90-day tariff truce, reducing tensions significantly.
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