News

China's fast-growing EV makers pursuing varied routes to global expansion
The world’s auto industry is getting a shake-up from Chinese automakers that are quickly expanding across the globe, offering ...
Bessent says China tariffs are not sustainable as US signals willingness to de-escalate
U.S. Treasury Secretary Scott Bessent said on Wednesday that high tariffs between the United States and China are not ...
Stocks stage relief rally Wednesday as Trump backs off firing Powell, China tariffs
U.S. stocks were higher after President Donald Trump said he has “no intention” of firing the Fed chair and was said to be ...
BYD unveils new luxury sports car as carmakers vie for attention at China’s largest auto show
Chinese electric vehicle giant BYD has already beaten out long-standing frontrunner Tesla in sales of electrified vehicles.
US, China tariffs both 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 ...
Pittsburgh economist explains why Shein and Temu are raising prices due to Trump's tariffs on China
The Trump administration's tariffs mean items shipped from China will soon cost consumers much more, experts say.
Car plows into crowd outside school in eastern China, injuring multiple people
Multiple people, including children, were injured after a car plowed through a crowd outside a school on Tuesday in eastern ...
White House would consider cutting China tariffs as part of talks, source says
The Trump administration would look at lowering tariffs on imported Chinese goods pending talks with Beijing, a source ...