World Bank’s Share Capital Now $13 billion World Bank shareholders have approved an increase in the bank’s lending capacity after the United States backed a reform package that curbs loans and charges more for higher income countries like China. World Bank President Jim Yong Kim said...

China’s ZTE Groans Under American Ban China’s ZTE Corp has said that an American ban on the sale of parts and software to the company was unfair and threatens its survival. However, the company vowed to safeguard its interests through all legal means. The United States this...

China’s Trade Surplus With US Surges In Q1     China’s trade surplus with the United States surged by a fifth in the first three months of the year, rising 19.4 percent year-on-year to $58 billion in January-March, with exports up 14.8 percent and imports 8.9 percent...

China Vows Realiation if U.S. Escalates Trade Row – Minister China’s commerce ministry said on Thursday trade negotiations with the United States would be impossible as Washington’s attempts at dialogue were not sincere. The country vowed to retaliate should U.S. President Donald Trump escalate current tensions....

Trump’s China Threat Shakes Stock, Oil markets Crude oil and global equity markets tumbled last Friday after U.S. President Donald Trump upped the ante in a trade dispute with China, renewing investor jitters about the potential impact a tariff war would have on the world...

Trump Considers $100b More Tariffs on China Goods President Donald Trump said on Thursday he had instructed U.S. trade officials to consider $100 billion in additional tariffs on China, again intensifying up tensions with Beijing. Trump said in a statement the further tariffs were being considered...