China factory output slumps but consumption offers bright spot

China’s factory output grew slower than expected last month as trade war pressures bit, official data showed Monday, while a bump in a key gauge of domestic consumption offered a rare bright spot for the economy. The United States and China this month agreed to a temporary truce in a blistering trade war that saw tariffs […]

US-China trade talks in London enter their second day

The U.S. and China held a second day of talks Tuesday in London aimed at easing their trade dispute, after President Donald Trump said China is “not easy” but the U.S. was “doing well” at the negotiations. A Chinese delegation led by Vice Premier He Lifeng met U.S. Commerce Secretary Howard Lutnick, Treasury Secretary Scott Bessent and Trade […]

Chinese consumer prices continue to fall as US trade talks loom

Chinese consumer prices fell for the fourth straight month in May, data showed Monday, as the world’s second biggest economy struggles with sluggish spending and global trade turmoil. Beijing has failed to boost sluggish domestic consumption since the end of the pandemic, threatening official growth targets and complicating its ability to shield its economy from […]

Apple CEO visits China for second time this year as sales slump

Apple CEO Tim Cook was in China for the second time this year, he said on social media Tuesday, as the US technology giant seeks to shore up slumping sales in a crucial overseas market. The iPhone maker remains popular among Chinese consumers but has ceded ground to domestic rivals in recent years as the […]

The US agency’s assessment that supports the theory that the covid-19 leaked from a laboratory raises more questions than answers, and generates a backlash from China

The US Department of Energy’s assessment that covid-19 likely arose from a laboratory accident in China has reignited a fierce debate and refocused attention on the origin of the pandemic. But the determination that this is a “low confidence” assessment, made in a recently updated classified report, leaves open more questions than answers, as the […]

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