Economy News China Is Headwind For Us, Global Economy, Treasury Official Says
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Why a US-China trade deal matters to the global economy
A full-blown trade war between the United States and China would have a severe impact on global economic growth. Read More
PBOC Adviser Says China Has to Do ‘Something Major’ for Economy
China needs a bolder spending package to mend the finances of households and companies, according to a central bank adviser, as signs of resilience in the economy mask the damage wrought by the trade ... Read More
Is China winning the trade war against the US? Here’s what the data says
Since Feb. 1, the US and China have entangled in a chaotic relationship, with tit-for-tat tariffs at times reaching triple-digit levels. Read More
The Trade War Couldn’t Change China’s Economy
American hopes for political reform in China faded years ago, and now hopes for economic liberalization are fading too. Read More
US Treasury chief accuses China of wanting to hurt world economy
US Treasury Secretary Scott Bessent slammed Beijing in an interview this week, accusing it of seeking to harm the global economy after China slapped sweeping new export controls in the strategic field ... Read More
US-China Trade Spat Is Risk for Global Economy, Kganyago Says
The renewed trade tensions between the US and China could push prices lower in other countries at the expense of their own manufacturers, South Africa’s central bank governor Lesetja Kganyago said. Read More
Trump admin slams China’s 'global power grab' on rare earths, threatens triple-digit tariffs
Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer spoke on Wednesday about what they refer to as a "global power grab" by China. The Trump administration officials held a ... Read More
Hopes of a China Trade Deal Lift Global Markets
Investors sent major global indexes higher on optimism that President Trump and China’s top leader, Xi Jinping, could reach a wider agreement this week. Read More
US Treasury chief Bessent says ‘substantial’ trade framework with China reached
United States Treasury secretary Scott Bessent said "substantial" progress has been made on a US-China trade deal, igniting hopes of a sustained bull rally. Read More
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