Trump has expressed interest in traveling to China in his first 100 days in office according to the Wall Street Journal.
The soon-to-be 47th president, who will be sworn in on Monday, voiced interest in traveling to China within his first 100 days in office.
In recent years, Chinese property developers have used unsold apartments to settle debts to construction companies and furniture suppliers. Now, Chinese local governments are following suit.
Apple faced two downgrades ahead of earnings, with analysts citing weak iPhone demand. China continues to be a headwind for sales.
U.S. President-elect Donald Trump has told advisers he wants to travel to China after he takes office, the Wall Street Journal reported on Saturday, quoting people familiar with the discussions.
In China, Apple’s second largest market, iPhone sales fell 18% in the December ending quarter, according to Bloomberg.
Eurasia Group founder and president Ian Bremmer warned Monday that he believes the US is headed for a trade war with China just as Donald Trump assumes the presidency for the second time.
Trump refrained from imposing new tariffs on Day One, offering markets brief relief, but trade risks persist. Experts warn that duties on Mexico, Canada, and Europe remain likely, with targeted measures expected.
The dollar weakened in Asian trade while shares in China and Hong Kong rose on President Trump’s remark that he would rather not impose tariffs on China, suggesting the possibility of a trade deal between the world’s two largest economies.
Discover why Trip.com Group Limited's Q3 earnings beat expectations, and why there's still room for growth in the Chinese tourism market. Click for my TCOM update.