On October 14, the international monetary fund (IMF) raised its forecast for global economic growth in 2025 on Tuesday due to the milder-than-expected impact of tariff shocks and financial conditions, but warned that Trump's trade war could significantly weigh on global output. The IMF said in its World Economic Outlook that recent trade deals reached by the United States with some major economies have avoided the toughest tariff measures threatened by Trump, prompting the IMF to raise its growt...
Mr. Powell's tone will mark a watershed moment in the fortunes of the US Federal Reserve chairperson, who is about to deliver a key speech amid a rare cycle of turbulence - Mr. Trump's renewed trade war, cryptocurrencies plummeting and gold and silver hitting record highs. Click to view
On March 23rd, Premier Li Qiang of the State Council met in Beijing with US Senator Diance and some US business people who came to China to attend the 2025 annual meeting of the China Development Forum. Li Qiang said that in January this year, President Xi Jinping emphasized during a phone call with President Trump that China and the United States have extensive common interests and broad space for cooperation, and can become partners and friends, achieve mutual achievements and common prosperit...
On February 20, Foreign Ministry spokesperson Guo Jiakun hosted a regular press conference. Asked by an AFP reporter, US President Trump said yesterday that he believes a trade agreement with China is very likely. What is China's response? Has any progress been made in reaching an agreement? Guo Jiakun said that China has made clear its position on Sino-US economic and trade issues on many occasions. Trade wars and tariff wars have no winners and harm the interests of people of all countries. "W...
On November 8, Chinese Ambassador to the United States Xie Feng said in his speech that moving forward with the past, we must strive for the goal of win-win cooperation. There are no winners in tariff wars, trade wars, science and technology wars, and industrial wars. Protectionism protects backwardness, and loses the future. McDonald's has added the most stores in China in the past year, accounting for about 60% of the world. Starbucks has more than 1,000 stores in Shanghai and is unique in the...