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China stake in CK Hutchison port sale could ease Beijing pressure but US geopolitical risks remain
By James Pomfret, Clare Jim and Davide Barbuscia HONG KONG/NEW YORK (Reuters) -The proposed inclusion of Chinese shipping giant COSCO in Hong Kong conglomerate CK Hutchison's contentious global ports sale is a potential win for Beijing in a strategic sector,
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At least 30 people dead and 80,000 evacuated after heavy flooding in Beijing
At least 30 people have been confirmed dead following severe rainstorms and flooding in Beijing, Chinese authorities have confirmed. The capital has been hit by several heavy rainstorms in recent days, prompting thousands to evacuate rural areas and causing widespread damage in the region.
No deal on China tariffs until Trump says yes: Bessent
President Trump has long complained about the trade deficit with China, which last year saw the US buy $295bn (£221bn) more goods from China than the other way round. US Trade Representative Jamieson Greer said the US was already on track to reduce that gap by $50bn this year.
Heavy rain leaves dozens dead in Beijing, state media reports
The storms dropped more than 6 inches of rain on average across Beijing by midnight Tuesday, with two other towns recording as much as 21 inches.
China Minister Meets US Delegation Including Apple in Beijing
A top Chinese official reiterated the country’s commitment to “healthy” development with American businesses during a meeting in Beijing with a delegation of executives from US companies, including Apple Inc.
How China Is Girding for an AI Battle With the U.S.
As Washington tries to limit its progress, Beijing is spending more to build an artificial-intelligence ecosystem that doesn’t rely on U.S. technology.
U.S. and China Fail to Reach Immediate Deal to Prolong Trade Truce
After a “constructive” round of talks ahead of an Aug. 12 deadline, Treasury Secretary Scott Bessent said, “Nothing is agreed until we speak with President Trump.”
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