Beijing was steeling itself for a first-week assault from Donald Trump. That hasn’t happened — yet — so Chinese leaders are making nice and hoping to cut a deal.
Donald Trump’s second term in office is getting off to a good start for China.
Chinese officials and ordinary people are hopeful but on edge as Donald Trump returns to the White House, eager to avoid a repeat of the bruising trade war that drove a wedge between the economic superpowers during his first term.
Beijing is taking a two-pronged approach to the incoming president: trying to sweeten up Trump while also signaling it is ready to fight efforts to constrain it.
As Elon Musk grew Tesla’s business in China, he publicly cozied up to its leaders on his favorite social media platform.
Trump advisor Elon Musk has longstanding business ties in China.
Han has used the visit to meet with members of the American business community, including Tesla CEO and close Trump associate Elon Musk, according to Chinese state agency Xinhua. Musk is widely thought to be seen by Beijing as more sympathetic to its interests than others in Trump’s orbit.
Hong Kong's stock market ended lower on Wednesday with the benchmark Hang Seng Index down 1.63 percent to close at 19,778 points. China's blue-chip
A rift has emerged within the Republican Party, largely centred on Elon Musk's influence. His support for the H-1B visa programme has drawn criticism from Trump's base, leading to tensions with key figures like Steve Bannon and Vivek Ramaswamy.
Markets rose Friday after a record day on Wall Street in response to Donald Trump's tax-cut pledge, while the yen strengthened after a widely expected interest rate hike by the Bank of Japan.
Trump Raises Prospects for a Negotiated Reset on US-China Ties By Joe Cash and Xiuhao Chen BEIJING (Reuters) - Donald Trump unexpectedly held ... from a practical perspective," said Bo Zhengyuan, a Shanghai-based partner at consultancy Plenum.
The president's Stargate project was launched just a few days before DeepSeek launched, creating huge ramifications for U.S. artificial intelligence.