Xi Jinping
White House says TikTok’s algorithm and data will be controlled ‘by America’ in new deal
White House press secretary Karoline Leavitt on Saturday revealed further details of a deal reached between the U.S. and China over control of the popular social media platform TikTok, sharing that six Americans will sit on the seven-seat board that will control the company and that the U.S. would control the app’s algorithm. “This deal […]
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European shares mixed as investors turn attention to Trump-Xi call
The City of London skyline at sunset. Gary Yeowell | Digitalvision | Getty Images European equities edged higher in early trade on Friday, as trade and the economy remained in focus. The pan-European Stoxx 600 was flat by 2:44 p.m. in London (9:44 a.m. ET), with sectors in mixed territory. U.S. President Donald Trump, who […]
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Trump, Xi call on TikTok deal underway
Chinese President Xi Jinping and U.S. President Donald Trump. Dan Kitwoodnicholas Kamm | Afp | Getty Images President Donald Trump and Chinese leader Xi Jinping on Friday began a much-anticipated call aimed at finalizing a deal to keep TikTok from going dark in the U.S. The call began at 8 a.m. ET, a White House […]
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China’s defense minister urges greater unity to avoid ‘law of the jungle’
China’s Defence Minister Dong Jun speaks at the opening ceremony of the Xiangshan Forum at the Beijing International Convention Center in Beijing on September 18, 2025. Greg Baker | Afp | Getty Images China’s defence minister on Thursday urged greater efforts for global unity, warning against an increasingly divided world “defined by the rule of […]
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Not in the cards: Why some suspect stable trade may not follow Trump’s tariff deals
The White House has signed a number of notable trade deals in the months since President Donald Trump slapped sharply higher tariffs on imports in early April. But some on Wall Street are cautioning that turmoil surrounding relations between the U.S. and its major trading partners is far from over. “Our views have been at […]
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Nvidia claps back against Chinese accusations its H20 chips pose a security risk
Photo illustration of Nvidia’s H20 chip. Vcg | Visual China Group | Getty Images Chip giant Nvidia pushed back Sunday in response to allegations from Chinese state media that its H20 artificial intelligence chips are a national security risk for China. Earlier in the day, Reuters reported Yuyuan Tantian, an account affiliated with Chinese state […]
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China’s BYD breaks delivery growth streak as EV price war reshapes competition
Despite a July slowdown, BYD retains its lead in China’s competitive EV market. Anna Barclay | Getty Images News | Getty Images China’s largest EV maker BYD posted its first monthly delivery decline this year, amid stiff competition from a price war that has attracted attention from policymakers in Beijing. While other major Chinese electric […]
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Rare earths are China’s bargaining chip in the trade war — the U.S. is trying to fix that
Rare earths refer to 17 elements on the periodic table whose atomic structure gives them special magnetic properties. They’re also the most important bargaining chip in the U.S. and China trade war. That’s because these rare earth magnets power everything from electric vehicles and wind turbines to defense equipment, data centers and high-tech consumer electronics. […]
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Trump trade rep sets low bar for China trade talks, no ‘enormous breakthrough’ expected
U.S. Trade Representative Jamieson Greer said Monday that China’s willingness to hold trade talks with the United States this week is a “good sign,” but he is not expecting any “enormous breakthrough.” “I don’t expect some kind of enormous breakthrough today, what I expect is continued monitoring and checking in on the implementation of our […]
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U.S. and China to resume tariff talks on Monday in effort to extend truce
U.S. Secretary of the Treasury Scott Bessent, U.S. Trade Representative Jamieson Greer, China’s International Trade Representative and Vice Minister of Commerce Li Chenggang, and Chinese Vice Premier He Lifeng, prepare to discuss on the day of a bilateral meeting between the U.S. and China, in Geneva, Switzerland, on May 10, 2025. Keystone/eda/martial Trezzini | Via […]
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