This report is from this week’s CNBC’s The China Connection newsletter, which brings you insights and analysis on what’s driving the world’s second-largest economy. You can subscribe here. The big story Many in business circles were hoping for a sweeping U.S.-China trade deal, but an agreement now looks even more elusive. …
South Korean President Lee Jae Myung speaks during a South Korea-U.S. business roundtable at The Willard Hotel in Washington, D.C., U.S., August 25, 2025. Annabelle Gordon | Reuters South Korea’s economy could fall into crises rivaling its 1997 meltdown if the government accepts current U.S. demands in stalled trade talks …
This report is from this week’s CNBC’s UK Exchange newsletter. Like what you see? You can subscribe here. The dispatch Donald Trump is the first U.S. president to have been honored with two state visits, something not even bestowed on Bill Clinton, George W. Bush or Ronald Reagan — all two-term …
Beijing — China flexed its might and muscle on Wednesday at a military parade in Beijing showcasing its latest missiles, advanced weapons systems and drones. In his address, President Xi Jinping said his nation was “unstoppable.” It was China‘s biggest military parade ever, meant to commemorate the 80th anniversary of the …
President Trump came into office sounding as if he were eager to deal with President Xi Jinping of China on the range of issues dividing the world’s two biggest superpowers. He and his aides signaled that they wanted to resolve trade disputes and lower the temperature on Taiwan, curb fentanyl …
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 …
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 …
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 …
Hong Kong — President-elect Donald Trump has threatened to slap up a tariff of up to 60% on all goods imported to the U.S. from China. While that may sound like a potent economic threat to a country where economic growth is already faltering, could it actually be just what …
Tesla and SpaceX CEO Elon Musk has engaged in secret talks with Russian President Vladimir Putin since late 2022, according to reporting published Thursday by The Wall Street Journal. Citing “several current and former U.S., European and Russian officials,” the Journal reported that conversations between Putin and Musk, a Republican …
