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US stocks are facing a second straight day of losses, after President Donald Trump threatened to unleash a new barrage of retaliatory tariffs on China over the coronavirus crisis.
US President Donald Trump’s renewed attack on Beijing over the coronavirus crisis has sunk the Chinese national currency, the yuan, to a one month-low, while global markets also dipped lower.
Moscow will propose a number of initiatives to mitigate the consequences of the pandemic, including in social and economic spheres, to the BRICS bloc member nations, Russian Foreign Minister Sergey Lavrov said on Tuesday.
He made the statement...
A Chinese factory is cranking out bobblehead figures of President Trump’s disease specialist Dr. Anthony Fauci. Selling the figures to American liberals, the factory hopes to raise money for medical supplies in China.
Shipments of Russian crude oil to China increased more than 30 percent in March compared to a year earlier while Saudi imports of the commodity sank, Reuters reported, citing Chinese customs data.
The US may never resume funding the World Health Organization, Secretary of State Mike Pompeo has warned, after President Donald Trump pulled his support. China has stepped into the breach with an extra $30 million.
Beijing will donate an additional $30 million to the World Health Organization (WHO) to support the global fight against Covid-19, Chinese Foreign Ministry spokeswoman Hua Chunying said on Thursday. Hua tweeted the donation was aimed in particular...
Although Covid-19 may have put once-flaring tensions over trade between Washington and Beijing on the back burner, the steps they had managed to agree upon are still being implemented, according to Chinese ambassador to the US.
Almost all car production lines in China have returned to business after prolonged closures aimed at preventing the spread of coronavirus, according to a survey cited by the China Association of Automobile Manufacturers (CAAM).