China’s six largest banks have posted first-quarter reports with a significant drop in both earnings and profits. Experts said the profit drop in China’s banking industry indicates a stalling economy, which will continue to worsen as the effects of the
Beijing recently tightened export controls on some critical rare earth elements, ratcheting up its tariff standoff with Washington. By monopolizing more than 90 percent of global rare earth processing, China has long held these 17 elements as a strategic
Beijing recently tightened export controls on some critical rare earth elements, ratcheting up its tariff standoff with Washington. By monopolizing more than 90 percent of global rare earth processing, China has long held these 17 elements as a strategic
President Donald Trump said on May 4 that he has no plans to reduce tariffs on Chinese goods in order to bring about negotiations, spurning a demand made by the Chinese Communist Party (CCP). On May 2, the Chinese commerce minister insinuated that China