The United States and China have started to outline commitments in principle on the stickiest issues in their trade dispute, according to Reuters.
Billions of dollars flow into the U.S. from China every year. CNBC’s Uptin Saiidi explores some of China’s biggest assets in New York and explains how the trend is shifting.
China plans to set a lower economic growth target of 6 percent to 6.5 percent in 2019 compared with last year's target of about 6.5 percent, policy sources told Reuters.
Many business leaders have said an extended U.S.-China trade war would negatively impact business, or at the very least reduce visibility.
China is clearly a contributor, but Apple is losing share in smartphones because its products are richly priced and consumers lack incentive to turn in old phones, says Bernstein's Toni Sacconaghi.
Nike executives said that the retailer is still "bullish" about China despite ongoing trade tensions between the country and the U.S.
China marks the 40th anniversary of its economic reforms and opening up on Dec. 18 — an occasion Beijing could use to emphasize its commitment to transform its economy, noted Scott Kennedy of the Center for Strategic and International Studies.
Jim Cramer warns that the Trump administration's mixed messaging on trade with China could result in increased tensions between the United States and the People's Republic.
The standoff between Washington and Beijing will drag on for some time despite recent messages from President Donald Trump stating that progress had been made in the trade talks, economist Michael Spence told CNBC Monday.
China will never give up an inch of its territory, whether the self-ruled island of Taiwan it claims as its own, or in the disputed waters of the South China Sea, the country's defence minister said on Thursday.