BEIJING — China announced its lowest growth target in 35 years Thursday as the world’s second-biggest economy struggles with challenges at home and growing uncertainty around the world. This year, China will aim for GDP growth of 4.5% to 5%, “while striving for better in practice,” Premier Li Qiang, China’s No. 2 official, said in … Read more
HONG KONG — Global trade has been upended again after the Supreme Court struck down President Donald Trump’s “reciprocal” tariffs, with U.S. trading partners and businesses around the world grasping to understand the system that replaces them. A new flat global tariff of 10% paid by U.S. importers took effect Tuesday, lower than the 15% … Read more
Trump goes nuclear on the AI firm, in a needless display of brute government punishment. Source link
NEWYou can now listen to Fox News articles! FIRST ON FOX: China is expanding a network of space facilities across Latin America that could strengthen Beijing’s military surveillance and war-fighting capabilities in the Western Hemisphere, according to a new report. A new report from the House Select Committee on the Chinese Communist Party identifies at … Read more
DETROIT — China’s government intervened and helped get charges dropped against three Chinese scientists at the University of Michigan who were accused of helping a colleague smuggle biological materials into the U.S., defense lawyers said. The materials turned out to be mostly tiny, transparent worms — nothing dangerous — though U.S. officials last year hailed … Read more
WASHINGTON — The Supreme Court decision striking down President Donald Trump’s sweeping tariffs has added a wrinkle to already complicated U.S.-China relations, with both countries navigating shifting ground to avoid an all-out trade war that would disrupt the global economy while still jostling for a position of strength in negotiations. Friday’s court ruling would seem … Read more