China courted the executives of major U.S. businesses this week in a sign of how Beijing seeks to offset trade pressures, rather than retaliate forcefully.

Buried in China's latest government budget were some numbers that add up to an alarming trend. Tax revenue is dropping. The decline means China's national government has less money to address serious economic challenges,

China announced that it was prepared for any unforeseen economic shocks as Trump’s tariff threats persisted. Premier Li told business leaders that China would choose the ‘correct path’ of globalisation and multilateralism despite rising uncertainty and instability.