The Latest Breaking News from Beijing

Russia, shunned from the world stage, and China, subject to new US tariffs, want to pivot further from the west

US President Joe Biden has announced a raft of new tariffs on some 18 billion dollars’ worth of Chinese goods, including quadrupling the border tax on electric cars. The White House says the measures are carefully targeted at strategic sectors to protect American companies from unfair trade practices. Beijing has…

The United States is hiking tariffs on $18 billion worth of Chinese imports, targeting strategic sectors like electric vehicles, batteries, steel and critical minerals, the White House said Tuesday.

Chinese e-commerce giant Alibaba announced Tuesday a modest increase in annual revenue, as the firm pursues a major overhaul and regulatory curbs on the country's tech sector are relaxed.

Increased levy to protect US makers from cheap imports likely to worsen trade tensions with Beijing. Plus, chaos on the set of Francis Ford Coppola’s Megalopolis

The goal is to protect America's new green tech and manufacturing industries.

Putin will be in Beijing from Thursday to Friday, foreign ministry spokeswoman Hua Chunying said, in the Russian leader's second visit to China in just over six months.

The United States and China will hold their first talks on artificial intelligence on Tuesday, with Washington set to raise concerns about Beijing's use of the fast-emerging technology, US officials said.

Most countries are opposed to China's position; the Biden administration is not. It's a major unforced error, and risks aiding Beijing in its efforts to cripple innovators in rival nations around the globe.

The central government will begin issuing some 30-year bonds on Friday as part of a planned sale of more than $138 billion of debt, according to a notice posted to the ministry's website.

Chinese banks are tightening scrutiny over trade with Russia for fear of incurring strict new US sanctions over the Ukraine war, testing the "no limits" friendship between the two countries.