US starts trade probe into China, EU
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China's Foreign Ministry criticized the Trump administration's trade investigation as a "pretext" for tariffs. Meanwhile, China is moving ahead with a five-year plan that may rankle trade partners.
China's leaders wrapped up nine days of annual legislative meetings in Beijing on Thursday, projecting an image of domestic stability seemingly unaffected by the war in key trading partner
China is signaling it will stay focused on technology and economic growth, even as U.S. tensions with Iran rise.
In quick succession, US President Donald Trump has taken out two of Beijing’s closest allies: Venezuelan President Nicolás Maduro and Iranian Supreme Leader Ali Khamenei.
His war aims in Iran jump around from one day to the next. His tariff policy has a backsliding quality. But behind his aggressive posturing, there is one common thread: to check China’s rise. A fundamental tenet of both the Biden and Trump administrations was the need to face China down and reassert the US’s geopolitical hegemony.
March 13 (Reuters) - Chinese lenders plan to steer more money toward technology and innovation-oriented firms, bankers say, responding to Beijing's pledge to aggressively adopt artificial intelligence throughout the economy and dominate emerging sectors.
The policy blueprint — which sets out China’s economic strategy for the years ahead — was approved on Thursday by the National People’s Congress in Beijing. Chapter 15, titled “Vigorously Boosting Consumption,” proclaims that the Chinese consumer is finally going to start earning more and spending more.
In an era marked by President Donald Trump’s wars and trade turbulence, Chinese leader Xi Jinping is counting on a plan to shield his country from the storm and win its race with the US: driving innovation to transform China into a global tech superpower.
From diplomatic signalling to efforts to revive domestic demand and “invest in people”, China’s Two Sessions that closed on Thursday (Mar 12) offered clues to Beijing’s priorities for the year ahead and beyond.