President Donald Trump’s unprecedented tariffs, particularly on China, and recent attacks on Federal Reserve Chair Jerome Powell caused alarm among some of his top advisers and America’s biggest CEOs, ...
China’s plan to facilitate cross-border financial services more important amid external changes, PBOC official says
China's recent plan to facilitate cross-border financial services has become more important at a time when both internal and external environments have seen huge changes, a senior central bank ...
Boeing doesn’t expect its recovery to be impacted by trade war with China
Boeing CEO Kelly Ortberg said Wednesday that he doesn't expect the U.S. trade war with China to deter the company from its financial recovery and aircraft delivery targets even though Chinese airlines ...
‘China needs to change,’ Treasury Secretary Scott Bessent says
Treasury Secretary Scott Bessent said Wednesday that China’s current economic model — built on “exporting its way out of economic troubles” — is unsustainable, and that the U.S. wants to help it ...
China to provide export risk protection via new cross-border financial action plan: official
An official from China's top financial regulator said on Wednesday that a recently revealed action plan on promoting cross-border financial services will provide export risk protection for foreign ...
China to provide export risk protection via new cross-border financial action plan: official
An official from China's top financial regulator said on Wednesday that a recently revealed action plan on promoting cross-border financial services will provide export risk protection for foreign ...
Trump hints at cutting China tariffs ‘substantially’ from 145%
Washington and Beijing may soon strike a trade deal. President Donald Trump said China's hefty tariff rate of 145% will also likely drop "substantially." ...
US, China tariffs need to fall for trade talks to start, Bessent says
U.S. Treasury Secretary Scott Bessent said on Wednesday that he believes that excessively high tariffs between the U.S. and China will have to come down before trade negotiations can proceed.
‘Magnificent Seven’ tech stocks surge as Trump hints at China tariff reprieve
Big Tech stocks surged for a second day, with Tesla and Amazon leading the so-called ‘Magnificent Seven’ stocks higher as the Trump administration hinted at a deescalation of the US-China trade war.
Boeing doesn’t expect its recovery to be impacted by trade war with China
Boeing CEO Kelly Ortberg said Wednesday that he doesn’t expect the U.S. trade war with China to deter the company from its financial recovery and aircraft delivery targets even though Chinese airlines ...