Senior U.S. and Chinese negotiators have agreed on a framework to get their trade negotiations back on track after a series of disputes that threatened to derail them, both sides have said. The announcement came at the end of two days of talks in the British capital that wrapped up late Tuesday. The meetings appeared … Read more
At a used car market in Beijing, salesman Ma Hui said he fears China’s electric vehicle industry is in a race to the bottom. EV makers, led by the country’s market leader, BYD, have been engaged in a bruising price war, depressing profits for the brands, as well as sellers such as Ma. “All of … Read more
The U.S. and China have reached consensus on trade, representatives from both sides said following a second day of high-level talks in London, according to an NBC transcript. “We have reached a framework to implement the Geneva consensus and the call between the two presidents,” U.S. Commerce Secretary Howard Lutnick said. That echoed comments from … Read more
At a used car market in Beijing, salesman Ma Hui said he fears China’s electric vehicle industry is in a race to the bottom. EV makers, led by the country’s market leader BYD, have been engaged in a bruising price war, depressing profits for the brands, as well as sellers such as Ma. “All of … Read more
“China has already approved a certain number of compliant applications and will continue to strengthen the approval process for compliant applications,” it said in a statement. Despite Beijing’s offer of dialogue, experts say China is unlikely to completely remove the restrictions and is “flexing its muscles.” That was clear to members of the foreign business … Read more
U.S. Commerce Secretary Howard Lutnick said on Tuesday trade talks with China were going well as the two sides met for a second day in London, seeking a breakthrough on export controls that have threatened a fresh rupture between the superpowers. Having agreed to step back from a full-blown trade embargo at a first round … Read more
By Staff The Associated Press Posted June 9, 2025 9:52 am 2 min read Descrease article font size Increase article font size High-level delegations from the United States and China are meeting in London on Monday to try and shore up a fragile truce in a trade dispute that has roiled the global economy. A … Read more
TangMan Photography | Getty Images U.S. President Donald Trump’s top trade officials are meeting their Chinese counterparts in London on Monday for talks aimed at resolving an ongoing trade dispute between the world’s two largest economies. U.S. Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick and Trade Representative Jamieson Greer are representing the U.S. China’s … Read more
Workers assemble cars on the assembly line at the Volkswagen automobile factory on March 07, 2025 in Wolfsburg, Germany. Sean Gallup | Getty Images News | Getty Images China appears to have offered U.S. and European auto giants something of a reprieve after industry groups warned of increasing production threats over a rare earth shortage. … Read more
Singapore-based online grocery retailer Webuy staff is offloading containers filled with goods shipped from China. SINGAPORE — Vincent Xue runs an online grocery retail business, offering fresh produce, canned food, packaged easy-to-cook ingredients to cost-conscious local consumers in Singapore. Xue’s Nasdaq-listed Webuy Global sources primarily from suppliers in China. Since late last year, one third … Read more