Huge waiting lines are seen in front of jewelry retailer stores at Yu Garden in Shanghai, China, on May 17, 2025, as the city offers consumption vouchers to stimulate consumer spending. Nurphoto | Nurphoto | Getty Images China’s retail sales in May grew at their fastest rate since late 2023, data from National Bureau of…
A Boeing Dreamliner plane with 242 people aboard crashed moments after takeoff from Ahmedabad in western India, local officials and the carrier said Thursday. Air India Flight 171 was flying out of Ahmedabad bound for London Gatwick Airport when it was “involved in a tragic accident today,” Air India Chairman N Chandrasekaran said. A view…
U.S. Commerce Secretary Howard Lutnick speaks to members of the media while arriving for trade talks at Lancaster House in London, UK, on Tuesday, June 10, 2025. Bloomberg | Bloomberg | Getty Images The U.S. and China have reached an agreement on trade, representatives from both sides said after a second day of high-level talks…
Donald Trump said Wednesday that China’s President Xi Jinping was “extremely hard” to make a deal with, at a time when the White House has been suggesting the two leaders could talk this week amid a rise in trade tensions. “I like President XI of China, always have, and always will, but he is VERY TOUGH, AND EXTREMELY…
China’s retail sales growth slowed in April, data from the National Bureau of Statistics showed Monday, signaling that consumption remains a worry for the world’s second-largest economy. Retail sales rose 5.1% from a year earlier in April, missing analysts’ estimates of 5.5% growth, according to a Reuters poll. Sales had grown by 5.9% in the…
Steel piled up at Guoyuan Port in Chongqing, China, on April 20, 2025. Cfoto | Future Publishing | Getty Images BEIJING — China on Thursday said that there were no ongoing discussions with the U.S. on tariffs, despite indications from the White House this week that there would be some easing in tensions with Beijing….
Pictured here is a Shanghai development under construction on Nov. 4, 2024. Cfoto | Future Publishing | Getty Images China’s economy showed a modest pickup for the first two months of the year, according to data published Monday by the National Bureau of Statistics, as Beijing reiterated its plan to bolster domestic consumption. Retail sales…
Chinese Minister of Foreign Affairs Wang Yi speaks during the 2023 Munich Security Conference in Germany on February 18, 2023. Johannes Simon | Getty Images News | Getty Images BEIJING — China’s Minister of Foreign Affairs Wang Yi struck a more conciliatory tone on U.S. relations during a high-profile press conference on Friday, in contrast…
China’s navy showed off its J-15T fighter jet at the 2024 Zhuhai Air Show on Nov. 12, 2024. Nurphoto | Nurphoto | Getty Images China on Wednesday increased its defense spending by 7.2% this year, the same growth rate as in the prior two years, as Beijing seeks to “firmly safeguard” its national security. In…
An aerial view of a new city district in southern China’s Nanning city on Feb. 28, 2025. Nurphoto | Nurphoto | Getty Images China on Wednesday set its GDP growth target for 2025 at “around 5%” and laid out stimulus measures to boost its economy amid escalating trade tensions with the U.S. Beijing raised its…
