In a bold display of economic leverage, the Chinese government has reportedly begun to backtrack in its ongoing trade feud with the United States. The adjustment comes as Beijing has acknowledged the ...

US Treasury Secretary Scott Bessent defended President Trump's tariff policy as a tool for creating "strategic uncertainty" to gain leverage in trade negotiations. Trump has imposed tariffs on various ...

With the stock market in all-out rally mode for the first time since President Trump's tariff announcements, key updates on ...

Foreign tourists shop at the Silk Street Market in Beijing on April 20, 2025. Photo:VCG. China unveiled a set of measures on Sunday to further optimize its departure tax refund po ...

China has lowered the minimum amount tourists spend to get tax refunds as part of measures to boost consumption as its ...