Only a third of China’s trade surplus was with the United States, and only a third of the U.S. deficit was with China. That makes for tricky math for the president-elect.

The shipping industry enters 2025 with tariffs on the horizon as President-elect Donald Trump prepares to take office.

China will use a broad range of stimulus measures to offset the effects of expected US tariffs and a persisting housing downturn, according to Goldman Sachs Group Inc.

TikTok has rejected claims that its US business could be sold to Elon Musk. The platform’s statement comes in response to a Bloomberg report on Monday, which said Chinese officials were considering selling its US business to Elon Musk should they fail to convince the Supreme Court to overturn the ban.

Officials at TikTok said they could not be expected to comment on pure fiction when asked about rumors China was looking into having Elon Musk acquire the social media platform.

On the heels of TikTok's looming shutdown on January 19 over its ownership in the U.S. (unless the Supreme Court intervenes), it looks like another American users are flocking to a Chinese app called Xiaohongshu as people become less optimistic that TikTok can overturn U.

Chinese social media app RedNote is at the top of Apple’s app store, underscoring concerns that TikTok will soon be effectively banned in the U.S.

With days to go before TikTok may be banned in the US, users have sent a little-known app to the top of the app store charts. Xiaohongshu, also known as RedNote, may not be a household name here but it has millions of users in China,

The Biden administration is set to announce a new rule to regulate the export of advanced AI chips, aiming to restrict access for nations like China while trading with 18 key allies and partners.

The Biden administration is proposing a new framework for the exporting of the advanced computer chips used to develop artificial intelligence, an attempt to balance national security concerns about t