A whopping increase in tariffs, followed by a whopping retaliation. Nationalist Chinese bloggers comparing President Trump’s levies to a declaration of war. China’s Foreign Ministry vowing that Beijing will “fight to the end.” For years, the world’s two biggest powers have flirted with the idea of an economic decoupling as …
Shipping containers at the Yantian International Container Terminals in Shenzhen, China, on April 7, 2025. Bloomberg | Bloomberg | Getty Images This report is from the inaugural edition of CNBC’s The China Connection newsletter, which brings you insights and analysis on what’s driving the world’s second-largest economy. This week, we …
U.S. commanders planning for a possible conflict with China are increasingly concerned that the Pentagon will soon need to move long-range precision weapons from stockpiles in the Asia-Pacific region to the Middle East, congressional officials say. That is because of the large amount of munitions that the United States is …
While Xi plays a long geopolitical game, Trump plays a short electoral one. (AI image for representation only) A trade agreement with US President Donald Trump now seems unlikely, prompting Chinese President Xi Jinping to shift from caution to aggression. In response to Trump’s latest tariffs, Beijing has imposed its …
In recent weeks, China has been practicing unusual maneuvers off its southern coast involving three special barges. The vessels have linked up one behind another, forming a long bridge that extends from deeper waters onto the beach. That feat has been a warning to Taiwan. The vessels’ debut suggests that …
Taipei, Taiwan — The Chinese military announced large-scale drills in the waters and airspace around Taiwan on Tuesday that include an aircraft carrier battle group, as it again warned the self-ruled island democracy against seeking formal independence. The joint exercises involve navy, air ground and rocket forces and are meant to …
Follow live updates on the Trump administration here. Buried in China’s latest government budget were some numbers that add up to an alarming trend. Tax revenue is dropping. The decline means that China’s national government has less money to address the country’s serious economic challenges, including a housing market crash …
Chinese President Xi Jinping. (File photo) US President Donald Trump is escalating his global trade war, targeting not just China but also allies like India. As part of his “America First” economic strategy, Trump announced that India will face reciprocal tariffs starting April 2, claiming that the country imposes some …
President Trump fueled new speculation this week about a meeting with China’s top leader, Xi Jinping, when he told reporters that Washington needed to be cleaned up to prepare for a summit between the two leaders in the “not too distant future.” Mr. Trump provided no details, and China has …
Since the founder of the Chinese artificial intelligence start-up DeepSeek shook hands with Xi Jinping, China’s top leader, last month, officials around the country have been racing to show how they are using the company’s technology. Courthouse officials are using DeepSeek to draft legal judgments within minutes. Doctors at a …