Chinese banks extended 280 billion yuan ($38.87 billion) in new yuan loans in April, below analysts' forecasts and plummeting from March's 3.64 trillion yuan, according to Reuters calculations based on data released by the People's Bank of China.

China is moving to strengthen its alliances as a counterweight to President Donald Trump’s trade war, presenting a united front with Latin American countries at an event in Beijing

At the China-CELAC Forum in Beijing, the Chinese foreign minister offered to accept more Mexican imports and encouraged Chinese enterprises to invest in Mexico.

The May 12 announcement is best viewed as a truce that does not shift the underlying structural reality: the U.S. and China are locked into a long-term cycle of escalating strategic competition.

Brazil signed protocols with China on Tuesday to allow exports of an ethanol by-product used in animal feed, challenging U.S. dominance in the market amid the ongoing China-U.S. trade standoff.

Trump’s tariffs may hurt, but this time China holds more cards − and could turn the pressure into a strategic advantage.

A day after China and the U.S. agreed to a 90-day truce in their tariffs stalemate, China is moving to strengthen its alliances as a counterweight to President Donald Trump's trade war.

China and the United States start their first major Trade War Two meeting on Saturday to pull back from what analysts describe as a lose-lose situation for their economies, without much clarity on what a win would look like for either side.

The result has been a raft of trade wars between Washington and other governments, Beijing foremost among them. Trump’s disruptions to the global economy are serious, and they may feel novel. But today’s situation is hardly without precedent.

SHENZHEN – Even as China and the United States roll back tariffs and other trade salvos amid a 90-day truce, there is one powerful source of leverage that Beijing appears to be retaining: the control of its exports of critical minerals, including rare earths.