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Clock Ticks as U.S. and China Try to Undo Devastating Trade Curbs
Officials from the world’s largest economies will try to strike a deal Tuesday to relax painful export restrictions that they have imposed on each other.
China's factory-gate deflation worst in 22 months as economic headwinds mount
China's producer deflation deepened to its worst level in almost two years in May while consumer prices extended declines, as the economy grappled with trade tensions and a prolonged housing downturn.
China consumer prices slump again, deepening deflation worries as demand stays weak
The economy got a relief after the U.S. and China struck a preliminary deal in Switzerland that led both sides to drop a majority of respective tariffs.
In trade standoff with China, U.S. might have a losing hand
Beijing is arguably in a stronger position than Washington, as it can navigate shortages in advanced chips better than the U.S. can do without rare earths.
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Citing trade wars, the World Bank sharply downgrades global economic growth forecast to 2.3%
President Donald Trump’s trade wars are expected to slash economic growth this year in the United States and around the world, the World Bank forecast Tuesday.
Trump economic adviser ‘very comfortable’ with a trade deal closing with China on Monday
The United States is looking to restore the flow of “crucial” rare earth minerals, which were restricted after China’s retaliatory efforts in early April.
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Decoupling the American economy from China will decrease supply chain dependence, but at a cost
Despite ongoing trade talks, detangling the American and Chinese economies still seems to be the end goal for the Trump administration. However, the process will cost billions and take years.
Map Shows China's Visa-Free 'Circle of Friends'
International visits to China nearly reached pre-pandemic levels as the country relaxed visa requirements for dozens of countries.
China to make all hospitals offer epidurals to incentivize childbirth
China said that by the end of this year all tertiary level hospitals must offer epidural anesthesia during childbirth, a move it said would help promote a “friendly childbearing environment” for women.
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