Trump, Xi talks offer hopes for US-China trade thaw

October 30, 2025 10:22 AM

Trump, Xi talks offer hopes for US-China trade thaw

U.S. President Donald Trump held talks with China's Xi Jinping at a South Korean air base on Thursday, with both leaders sounding optimistic about cooling trade tensions between the world's two largest economies. The talks in the southern port city of Busan, their first face-to-face meeting since 2019, marked the finale of Trump's whirlwind Asia trip on which he also touted trade breakthroughs with South Korea, Japan and Southeast Asian nations. "We are going to have a very successful meeting,...

China’s January-February exports, imports weaker than expected

March 7, 2025 9:56 AM

China’s January-February exports, imports weaker than expected

China's exports lost momentum over the January-February period and imports unexpectedly shrank, amid escalating trade tensions with the United States, dealing a blow to an economic recovery that has so far largely been reliant on exports. Exports from the largest manufacturing nation rose just 2.3% year-on-year, customs data showed on Friday, missing 5% growth forecast in a Reuters poll of economists, and slowing from December's 10.7% increase. Imports shrank 8.4%, following a 1.0% uptick in D...