China

Electric vehicle giant Tesla Inc (NASDAQ:TSLA) reported second-quarter financial results after market close Wednesday. What Happened: Tesla reported second-quarter revenue of $22.5 billion, down 12% year-over-year. The revenue missed a Street consensus estimate of $22.8 billion according to data...

When President Donald Trump returned to the White House in January 2025, one of his signature ambitions remained unchanged: confronting China's global economic influence. From tariffs and trade talks to reshoring initiatives and supply chain pressure, the second term opened with renewed efforts to...

Despite a Washington-Beijing trade truce at May’s Geneva summit, China just dropped its U.S. Treasury holdings to the lowest level in over 16 years ― and the timing couldn't be more telling. In May, Beijing trimmed its stockpile of American debt to $756.3 billion, shaving off nearly $1...

The combined market capitalization of America's seven largest corporations has now overtaken the entire economic output of China, the world's second-largest economy. As of July 17, Nvidia Corp. (NASDAQ:NVDA), Microsoft Corp. (NASDAQ:MSFT), Apple Inc. (NASDAQ:AAPL), Amazon.com Inc. (NASDAQ:AMZN),...

NIO Inc. (NYSE:NIO) shares are trading lower on Wednesday. According to Benzinga Pro, the Shanghai-based company’s stock has lost over 18% in the past year. NIO faces pressure from aggressive expansion and cost-cutting amid fierce EV price wars in China. Per a recent report by The Economic...

Nvidia Corporation (NASDAQ:NVDA) CEO Jensen Huang is reportedly preparing for a key diplomatic mission to China, where the company plans to launch a scaled-down AI chip compliant with U.S. export restrictions. What Happened: The processor is a modified version of its Blackwell RTX Pro 6000 chip and...

Tesla Inc (NASDAQ:TSLA) recently reported a 13.5% year-over-year decline for second-quarter vehicle deliveries. A new report showed the impact the Chinese market may have played in the decline. What Happened: Tesla has struggled with demand in many parts of the world in 2025 with first-quarter...

China’s exports to the United States have plunged over 43% year-over-year in May, representing a $15 billion drop in trade value, yet at the same time, China’s total exports have increased 4.8%, according to official figures, despite the trade and tariff-related turbulence. What...

U.S. Treasury Secretary Scott Bessent announced plans to meet with his Chinese counterpart in the coming weeks to advance trade discussions between the world’s two largest economies, amid escalating tariff threats from President Donald Trump. What Happened: “I’m going to be...

“Shark Tank” investor Kevin O’Leary is calling on U.S. policymakers to reverse export restrictions on artificial intelligence chips, arguing that blocking sales to adversaries like China could backfire by allowing competitors to establish their semiconductor ecosystems. What...

TikTok is building a new version of its app for U.S. users ahead of a planned sale to American investors, according to a report on Sunday. What Happened: The Chinese-owned short-video app plans to launch the new U.S. version to app stores on September 5, The Information reported, citing sources,...

President Donald Trump announced on Sunday that he will impose an additional 10% tariff on any country that aligns with BRICS’ anti-American policies, escalating trade tensions as his July 9 deadline approaches for comprehensive tariff restructuring. What Happened: Trump posted on Truth...

In a bid to curb semiconductor smuggling into China, the US government is considering restrictions on the export of AI chips, including those produced by Nvidia Corp. (NASDAQ:NVDA), to Malaysia and Thailand. What Happened: According to a report, a draft rule from the Commerce ...

President Donald Trump has declared that the U.S. is set to begin negotiations with China on a potential deal involving TikTok. The discussions are expected to kick off as early as the coming week. What Happened: Trump has unveiled plans to initiate talks with China concerning the sale of TikTok...

The past week has been a rollercoaster ride in the world of business and tech. From Elon Musk’s ongoing feud with President Donald Trump to Tesla’s declining sales in Canada, there’s been no shortage of drama. Amidst all this, Boeing’s 737 had a midair scare and Tesla...