China is suffering from deflation, devaluation, capital flight and the loss of foreign investment — all at the same time. Unprecedented, far worse than "Japanification."

China’s trade surplus hit a record high in 2024, a symbolically potent $1 trillion. The optics of that rounded-up figure—the exact number was $992.2 billion—dovetail neatly with US President Donald Trump’s pejorative rhetoric regarding China’s status as a trade creditor and his stated aim of using tariffs to reduce the US trade deficit.

On the campaign trail last year, President Donald Trump talked tough about imposing tariffs as high as 60% on Chinese goods and threatened to renew the trade war with China that he launched during his first term.

DAVOS, Switzerland -- Chinese Vice-Premier Ding Xuexiang on Tuesday delivered a special address at the World Economic Forum Annual Meeting 2025 in Davos, Switzerland. The following is the full text of the speech entitled "Keeping to the Right Path of Multilateralism and Promoting Open and Inclusive Development":

Donald Trump’s second term in office is getting off to a good start for China.

I T SOUNDS ODD, but hints keep piling up that President Donald Trump is tempted by a big, beautiful deal with China’s Xi Jinping. That runs counter to campaign-trail vows to hit China with crippling tariffs.

Russia and China are strengthening their cooperation on AI technology. Although China-Russia imports and exports have reached record levels, growth has slowed significantly compared to 2023.

President Trump's approach to China significantly shifted since his campaign, focusing on a nuanced relationship balancing trade concerns and diplomatic engagement. As he adopts pragmatic strategies,

Trump says that he’s “serious as a heart attack” when he promises to impose tariffs on everyone, including a 25% tariff on Canadian and Mexican imports. When he backtracked on tariffs on Colombian imports, he revealed what most already thought: his tariff threats are mostly a negotiation tactic.

At the World Economic Forum 2025, leaders tackled major global issues, including AI regulation, environmental initiatives, and regional integration. Highlights included Africa's launch of a massive forest reserve,

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Donald Trump addressed the World Economic Forum in Davos via video link on Thursday. The US President demanded respect from other countries, including Canada and Mexico. Trump called on OPEC to lower the price of oil and threatened companies that do not produce in the USA with tariffs.