Latest in China's Billion Plan
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China's $41 billion plan to boost consumption is just a start as deflationary pressures deepen
Chinese policymakers have increasingly acknowledged the need to counter deflationary pressure at home.CNBC - 1d -
House GOP budget plan would cut domestic spending by $13 billion
House Speaker Mike Johnson has unveiled his plan to avert a government shutdown by Friday night. The short-term stopgap bill would fund the government until Sept. 30, increase defense spending by ...CBS News - 1d -
D.C. Mayor calls out ‘$1.1 billion problem’ in House GOP stopgap plan
Washington, D.C., Mayor Muriel Bowser (D) on Monday sounded alarm over what she described as a "$1.1 billion problem" in a plan rolled out by House Republicans to keep the government funded beyond ...The Hill - 1d -
Salesforce pledges to invest $1 billion in Singapore over five years in AI push
Salesforce on Wednesday announced plans to invest $1 billion in Singapore over the next five years.CNBC - 8h -
From chatbots to intelligent toys: How AI is booming in China
China plans to invest more than a trillion dollars as it races against the US to rule advanced tech.BBC News - 1d -
The ‘freedom’ railway: China’s plan to take on the US in Africa
Tazara project showcases Beijing’s leaner approach to overseas development just as western aid appears to retreatFinancial Times - 6h -
Trump is targeting China-made containerships in new flank of global economic war on the oceans
China dominates shipbuilding for the ocean freight market, and President Trump has plans to exact economic punishment to bring the business back to the U.S.CNBC - 21h -
China can live with Trump’s tariffs – his bullish foreign policy will help Beijing in the long term | Steve Tsang
By turning his back on US allies and global institutions, Trump will help Xi Jinping advance his plan for a China-centric world. Is Donald Trump China’s worst nightmare or a dream come true? He is ...The Guardian - 1h -
Goodyear Tire's transformation plan is underway — in the sky and on the ground
Goodyear Tire & Rubber Co. is facing a rapidly changing business with new technologies and increased competition from low-cost countries such as China.CNBC - 3d -
China is poised to dominate biotechnology in the 21st century
Signs of China’s ascendance in biotechnology are everywhere.The Hill - 2d -
Tesla’s stock has lost its ‘Trump bump.’ Here’s the latest bad news.
Tesla’s stock is sinking after another month of bad China sales. Elon Musk has now lost about $7 billion in his stake since the election.MarketWatch - 1d -
China's retaliatory tariffs are a direct hit to U.S. farmers
Here are the products subject to China's retaliatory tariffs, and how U.S. farmers are reacting to Trump's trade policy.CBS News - 1d -
China rolls out retaliatory tariffs on U.S. agricultural goods
China rolls out retaliatory tariffs on U.S. agricultural goodsNBC News - 1d -
Roche takes big step in weight-loss field with $5.3 billion deal.
Swiss drugmaker Roche on Wednesday announced a major deal in the weight-loss category, agreeing to pay up to $5.3 billion to Zealand Pharma in a licensing and development deal.MarketWatch - 2h -
Tech megacaps lose over $750 billion in market cap in worst day for Nasdaq since 2022
The seven most valuable tech companies lost more than $750 billion in market value on MondayCNBC - 1d -
China preparing for a protracted trade war with U.S.
China announced retaliatory tariffs on U.S. agricultural products and targeted 25 American companies in response to the now 20% blanket tariffs President Trump placed on all Chinese goods. Anna ...CBS News - 2d -
Latest news on Trump's trade war with Canada, China
China and Canada have imposed retaliatory tariffs against the U.S. as part of the trade war surrounding President Trump's new policies. CBS News' Weijia Jiang reports.CBS News - 1d -
China, Iran and Russia hold joint naval drills in Mideast as tensions rise between Tehran and US
China, Iran and Russia have conducted joint naval drills in the Middle EastABC News - 18h -
White House crypto czar says public has 'lost out on over $17 billion'
Crypto czar David Sacks argued taxpayers have lost out on billions because earlier administrations never took advantage of bitcoin in the government's possession.ABC News - 4d -
OpenAI to pay CoreWeave $11.9 billion over five years for AI data centers, services
Ahead of CoreWeave's upcoming IPO, the provider of data centers for AI has signed a five-year deal with OpenAI worth almost $12 billion.CNBC - 1d -
How a hidden benefit of a Wells Fargo asset cap removal could save the bank billions
The bank paid $2.5 billion more in remediation efforts in 2023 than in 2018, which was a year before Charlie Scharf became CEO.CNBC - 17h -
Roche shares pop 5% on $5.3 billion obesity drug deal with Zealand Pharma
Swiss pharmaceutical giant Roche said Wednesday that it had struck a deal worth up to $5.3 billion to develop Zealand Pharma's obesity drug candidate.CNBC - 29m -
In Latin America, China is finally losing ground
Mexico is reviewing its tariff policy over China, and an American investor group has signed a huge deal taking control over key ports near the Panama Canal, indicating that Trump's America First ...The Hill - 2d -
U.S. farmers react to China's retaliatory tariff increase
China slapped an additional 15% import tax on American farm products, including pork, poultry, beef and soybeans. Lana Zak reports from Mount Vernon, Iowa. Then, Ed O'Keefe has the latest on ...CBS News - 1d -
Consumer prices fell in China in February and remain flat in a sluggish economy
Consumer prices fell in China in February for the first time in 13 months, as persistent weak demand was compounded by the early timing of the Lunar New Year holidayABC News - 3d -
As Trump shakes the international order, China casts itself as a model of stability
Even as its economy slows, China is using its annual National People's Congress to present itself as a global stalwart as Trump upends America's alliances.NBC News - 3d -
What Slowdown? Xi Says China Must Win the Global Tech Race.
Xi Jinping wants China to surpass rivals as a tech superpower, undeterred by economic woes or trade wars. Critics ask if this focus neglects struggling citizens.The New York Times - 1d -
French industrial giant Schneider Electric hails the significance of China’s ‘DeepSeek moment'
China's "DeepSeek moment" is likely to be good news in the global race to develop AI models, according to French power-equipment maker Schneider Electric.CNBC - 2h -
$1 billion in unclaimed tax refunds to expire soon: How to claim your money
The IRS warns that an estimated $1 billion in tax refunds from the 2021 tax year may become the property of the U.S. Treasury if over 1.1 million Americans do not file their tax returns by April ...The Hill - 18h -
U.S. Army soldiers accused of selling classified materials to China
Two U.S. Army soldiers were arrested in Washington state for allegedly trying to sell sensitive government information to buyers in China. Charlie D'Agata has more.CBS News - 4d -
China imposes retaliatory tariffs on Canadian farm and food products
China has announced retaliatory tariffs on some Canadian farm and food imports, after Canada imposed duties in October on Chinese-made electric vehicles and steel and aluminum productsABC News - 4d -
Trump ‘not at all’ worried about joint Russia, China, Iran military exercises
President Trump said he is “not at all” worried that Russia, China and Iran are doing joint military exercises. Trump was asked by a reporter on Sunday about the news that the three countries are ...The Hill - 1d -
China's retaliatory tariffs take effect as American farmers, stocks reel
China's retaliatory tariffs on U.S. agricultural goods will affect American farmers. This comes as the stock market continues to show the effects of a growing trade war. CBS News' Anna Coren reports.CBS News - 1d -
Dalai Lama says his successor to be born outside China
The Dalai Lama’s successor will be born outside China, the spiritual leader of Tibetan Buddhism says in a new book, raising the stakes in a dispute with Beijing over control of the Himalayan region ...NBC News - 1d -
Dalai Lama says his successor will be born outside China in the ‘free world’
New book by spiritual leader of Tibetan Buddhism will raise the stakes in a dispute with Beijing over control of Tibet. The Dalai Lama’s successor will be born outside China, the spiritual leader ...The Guardian - 1d -
The Papers: Ukraine's 'high-stakes talks' and 'nonsense planning delays' shake-up
This week's planned talks between Kyiv and Washington lead some papers, with others reporting on UK planning reforms.BBC News - 2d -
These Republicans may vote against plan to fund the government
Republican Kentucky lawmakers Thomas Massie and Rand Paul may oppose the plan to pass a continuing resolution as a stopgap to fund the government until September. This comes as President Trump ...CBS News - 1d -
European leaders back 'realistic' Arab plan for Gaza
The foreign ministers of France, Germany, Italy and Britain welcomed the plan, which calls for Gaza to be rebuilt over five years.BBC News - 3d -
Source: Broncos plan to re-sign QB Stidham
The Broncos plan to re-sign quarterback Jarrett Stidham, a source told ESPN's Jeremy Fowler on Sunday.ESPN - 1d