China, Scott Bessent and Trade
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China, Trump and Philippines
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China's state-owned shipping company China Cosco Shipping is looking to join the global consortium that's acquiring Hong Kong business tycoon Li Ka-shing's overseas ports and is requesting veto rights or equivalent power in the entity which will take over 43 ports,
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The deal hands over more than 40 global ports owned by Hong Kong business magnate Li Ka-Shing to US asset manager BlackRock and Mediterranean Shipping Company.
President Donald Trump welcomed Philippine President Marcos Jr. to the White House to boost US-Philippines security and economic cooperation, with China’s growing influence in the region as a key backdrop.
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China is threatening to block the sale of more than 40 ports, owned by Hong Kong-based CK Hutchison , to BlackRock and Mediterranean Shipping Company (MSC) if Chinese shipping company Cosco does not get a stake,
China signaled it would approve the export of rare earth minerals in a statement Friday hours after White House officials said that the US and China had signed a trade agreement to work out tensions linked to US access to the key material.
President Trump is expected to talk with Chinese officials this week about a possible TikTok deal. Here's what we know.
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Did China make any deal with America? It is showering a lot of love on rare earth magnets, but India is being snubbedThe effect of the deal between China and America has started showing. China has exported the highest number of rare earth magnets to America in June. China's double standard regarding the export of rare earth magnets has come to the fore.
Beijing is betting that economic pressure and diplomatic defiance will force concessions, but its stance could put more strain on its ties with Europe at a crucial time.
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