ECB’s Lagarde gently urges China to change its ways

Lagarde told her audience that the U.S. and Europe will not allow China to destroy vital industries with what increasingly appears to be a conscious policy of flooding the world with its own goods. “Given national security considerations and the experience …

Asian markets rally after China-US framework on trade

The deal, which was reached late on Tuesday, boosted Asian markets with Hong Kong and Shanghai among the best performers, while Tokyo, Sydney, Seoul, Wellington, Taipei and Manila were also up. However, analysts said investors would be keen to get a closer …

China and U.S. agree on framework to implement Geneva trade consensus

The U.S. and China have reached consensus on trade, representatives from both sides said following a second day of high-level talks in London, according to an NBC transcript. “We have reached a framework to implement the Geneva consensus and the call …

U.S., China agree on "trade framework"

In China, fears grow of an EV financial crisis amid pricing war

At a used car market in Beijing, salesman Ma Hui said he fears China's electric vehicle industry is in a race to the bottom. EV makers, led by the country's market leader BYD, have been engaged in a bruising price war, depressing profits for the …

General Mills mulls sale of China Haagen-Dazs stores, Bloomberg News reports

(Reuters) -General Mills is considering selling its Haagen-Dazs ice-cream stores in China, Bloomberg News reported on Wednesday, citing people familiar with the matter. The Minneapolis, Minnesota-based company may seek several hundred million dollars for …

Column: China's vigorous development drives world's growth

by Zheng Yin One day in April, I passed by Harley Street in central London, a famous place crowded with various private clinics. What drew my attention suddenly was several Chinese words printed on some black triangle plastic stuff on the front doorsteps …

US and China reach deal to restore trade truce

Elon Musk has said he regrets some of his comments about President Trump, saying they “went too far” in a short post on X.The pair fell out last week, with the billionaire going on X to support calls for Trump to be impeached and attacking his tax and …

Latest US-China trade truce leaves investors none the wiser

NEW YORK/SINGAPORE (Reuters) — The latest trade truce between China and the United States offered investors the hope of an eventual deal that the feuding superpowers can live with, though the possibility of another tariff flare-up remained a risk for …

Gold gains even after US and China agree to ease trade war

(Bloomberg) -- Gold advanced even after the US and China said they had agreed on a plan to ease trade tensions during talks in London. Most Read from Bloomberg Bullion traded above $3,340 an ounce, and is up almost 1% for the week. US Commerce Secretary …