The Chinese economy slowed noticeably in July, according to official statistics released on Friday, highlighting a complex set of challenges facing China amid growing global tensions over trade. The government attributed the slowdown partly to the trade war with the United States, though China’s economy is still suffering the overhang of a four-year-long crash in […]
US President Donald Trump has signed an executive order extending a tariff truce with China by another 90 days, a White House official said on Monday with only hours to go before US tariffs on Chinese goods were due to snap back to triple-digit rates.The order followed a noncommittal answer by Trump to reporters as […]
Nvidia and Advanced Micro Devices are expected to pay the US 15% of the money they take in from selling artificial intelligence chips to China, as part of a highly unusual financial agreement with the Trump administration.The deal, which was described by three people familiar with the agreement who spoke anonymously, comes a month after […]
Liu Jianchao, a senior Chinese diplomat widely seen as a potential future foreign minister, has been taken away by authorities for questioning, the Wall Street Journal reported on Sunday. Liu was taken away after returning to Beijing in late July from an overseas work trip, WSJ reported, citing people familiar with the matter. China’s State […]
Senator Lindsey Graham said Trump’s goal is to crush Russia’s customers, India, China and Brazil. Senator Lindsey Graham said every country buying Russian oil and keeping President Vladimir Putin’s war machine will have to pay a heavy price, like India. During an appearance on NBC’s Meet the Press, Graham said he played golf with President […]
China has unveiled the world’s first fully automated “Robot Mall,” where humanoid robots not only serve as products for sale but also operate the stores, cafes, and entertainment spaces within. Located in the bustling tech hub of Shenzhen, the mall offers visitors an immersive glimpse into the future of retail and hospitality. Shoppers can interact […]
Afghanistan’s Foreign Minister Amir Khan Muttaqi (AP) The United States blocked Afghanistan’s foreign minister Amir Khan Muttaqi’s visit to Pakistan, Dawn reported. Muttaqi was scheduled to visit Pakistan on August 4 as part of recent efforts to improve ties between Kabul and Islamabad. The initiative followed Pakistani deputy PM and foreign minister Ishaq Dar’s earlier […]
The United States Commerce Department has begun issuing licenses to Nvidia to export its H20 chips to China, a US official told Reuters on Friday, marking a major breakthrough for the AI giant’s access to one of its most important markets.The move follows Washington’s decision last month to reverse an April ban on sales of […]
Kim Jong-un, the leader of North Korea, might be preparing his young daughter, Kim Ju-ae, to become his successor. Choe Sang-Hun, the Seoul bureau chief for The New York Times, analyzed North Korean state propaganda to find out. Source link
Hours after the US President slapped an additional 25 per cent on India, bringing the total to 50 percent, Donald Trump on Wednesday threatened to impose secondary sanctions. During a press interaction, US President Donald Trump was questioned about why India was being singled out for purchasing oil from Russia when many other countries do […]
