China's economy remains a driving force for global growth, exerting a positive influence on developing countries despite the challenges posed by global economic volatility and uncertainty, said Joe Ngai,
Chinese Vice-Premier Ding Xuexiang met with Swiss officials on Monday and Tuesday, and the two sides agreed to further promote their innovative strategic partnership. Ding, also a member of the Standing Committee of the Political Bureau of the Communist Party of China Central Committee,
During his presidential campaign, Trump pitched several ways to up tariffs on other countries. Those included a 10% to 20% tariff on all foreign imports, a 60% to 100% additional tariff on Chinese imports, and a 25% tariff on Mexican imports.
"I have always said that I feel like the world is a better place and the global economy is a better economy if the US and China can figure out how to coexist," Cisco CEO Chuck Robbins told Yahoo Finance at the World Economic Forum in Davos, Switzerland.
Ding Xuexiang also tells Davos that Beijing isn’t pursuing a trade surplus and there are ‘no winners in a trade war’.
From Xi and Putin talking hours after Trump’s inauguration to Ding’s speech in Davos, here’s a round-up from today’s China and economy coverage.
The "Tianjin Night" event was held on the date of "Little New Year" or xiaonian in northern China. The design of the event venue was full of Chinese charm, and folk music was played. Tianjin snacks and handcraft-making were provided.
CEO Matthew Prince shared his insights on China's artificial intelligence (AI) landscape with Yahoo Finance Executive Editor Brian Sozzi at the 2025 World Economic Forum in Davos, Switzerland. According to Prince,
There will always be border disputes in Asia, and China should not be singled out because of tensions in the South China Sea,
He said private equity firms and family offices have reached out to provide financing options. Read more at straitstimes.com.
President Donald Trump accused banks of discriminating against conservatives. JPMorgan Chase and Bank of America denied the debanking claims.