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President Donald Trump on Friday said that a long-negotiated trade deal with China is “potentially very close” following reports that an agreement might not be reached until next year.
Eunice Yoon is in Beijing for us and reports on the latest uncertainty regarding trade negotiations between the two largest economies in the world.
Volkswagen Group said Thursday that, together with its Chinese partners, it will invest around 4 billion euros ($4.43 billion) in China next year, with almost half of the cash to be spent on developing e-mobility.
China’s top trade official has invited U.S. negotiators to take part in a fresh round of face-to-face talks, The Wall Street Journal reported Thursday, citing people familiar with the matter.
On Wednesday, a report puts a phase one trade deal with China in doubt which caused stocks to get cautious. Bob Pisani has more for us.
While some investors remain skeptical of a U.S.-China trade deal, the smart money has started to bet on a resolution to this jarring battle that has dragged on for nearly two years, according to Goldman Sachs.
Eunice Yoon reports from Beijing for us where there is growing pessimism in China on trade talks with the U.S.
The economic fight between the U.S. and China that has roiled financial markets over the last two years could next blossom into a full-blown war for investing capital and ultimately, for the prestige of the globe’s reserve currency, hedge fund magnate Ray Dalio said.
China is still calling for the U.S. to roll back tariffs as part of any “phase one” agreement, as trade negotiations between the world’s two largest economies drag on.
Eamon Javers is in New York City for us and recaps President Trump’s economic speech regarding domestic growth, the Fed and trade talks with China.
The Trump administration is hurting American jobs and companies by blacklisting Chinese telecom giant Huawei on what it believes are risks to U.S. national security, the chief security officer of Huawei USA told CNBC on Tuesday.
Rahel Solomon reports on the record sales China’s e-commerce giant Alibaba reported on its Singles Day.
We’re seeing the industrial sector having both weak earnings and demand but why is it rallying now? Seema Mody explains for us.
Chinese e-commerce giant Alibaba set a sales record on Singles Day, the world’s largest 24-hour shopping event.
Steve Liesman reports on how we’re seeing slowing new economic data.