Janet Yellen sees ‘more work to do’ as China talks end with no breakthrough

Four days of top-level economic meetings between the United States and China concluded in Beijing on Monday with no major breakthrough, but the world’s two largest economies agreed to hold more discussions to address rising friction over trade, investment and national security. The conversation is poised to become even more difficult, however, as hopes of … Read more

Beijing urges US to end ‘harassment’ of Chinese students

China’s public security minister urged the US homeland security secretary to stop alleged “harassment” of Chinese students entering the United States in a meeting between the two in Vienna, Beijing’s state media reported Monday. In a readout of talks Sunday between Wang Xiaohong and Alejandro Mayorkas, Beijing urged Washington “to stop harassing and checking Chinese … Read more

What US still needs to be wary of even as economic risks from internal factors recede

Just a quarter of business economists and analysts expect the United States to fall into recession this year. And any downturn would likely result from an external shock – such as a conflict involving China – rather than from domestic economic factors such as higher interest rates. But respondents to a National Association of Business … Read more

Xi Jinping elevates China’s ties with record number of nations to counter US

Chinese President Xi Jinping upgraded diplomatic ties with a record number of countries last year as he seeks to rally the Global South to help reshape the US-led world order. Beijing elevated the way it described ties with 17 countries and territories, most of them from the developing world, according to a Bloomberg analysis of … Read more