Scott Bessent

New Business

US races to secure China rare earths deal as worries over chokeholds linger

The administration of US President Donald Trump hopes to confirm a deal to secure rare earth supplies from China by…

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New Business

China rare earths deal will ‘hopefully’ be done by Thanksgiving, says Scott Bessent

A rare earths deal between the US and China will “hopefully” be done by Thanksgiving, Treasury Secretary Scott Bessent said…

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Chinese vice-premier vows further opening up of financial sector

Vice-Premier He Lifeng has vowed that China will continue to expand the “high-level opening up” of its financial sector and…

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New Business

US-China framework deal only ‘first step’ towards ending trade war: analysts

After two days of high-level US-China trade talks in Malaysia, Washington hinted the world’s two largest economies had found common…

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New Business

Developing | China, US agree to preliminary framework deal in Malaysia, paving way for Xi-Trump talks

China and the United States agreed on Sunday to a preliminary framework deal after two days of talks in Kuala…

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Chinese envoy calls for ‘shared prosperity’ as possible Xi-Trump summit approaches

Beijing’s top envoy in Washington has emphasised the need for “shared prosperity”, framing a possible summit between US President Donald…

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New Business

Breaking | China, US trade talks start in Kuala Lumpur ahead of possible Xi-Trump summit

Chinese Vice-Premier He Lifeng and US Treasury Secretary Scott Bessent have started a new round of trade talks in Kuala…

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New Business

Repairing Trump’s tariff ‘damage’ will take time, warns former US Treasury chief Rubin

US President Donald Trump’s “badly misguided” tariff policy is impairing the efficiency of America’s economy despite its short-term resilience, and…

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New Business

China’s rare earth magnet exports to US plunge 29% as tensions simmer

The decline in China’s exports of rare earth magnets to the United States accelerated in September – a period predating…

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New Business

US-China tensions ease as Bessent confirms call with counterpart He Lifeng

US Treasury Secretary Scott Bessent confirmed plans to speak with Chinese Vice-Premier He Lifeng on Friday in a further sign…

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