WASHINGTON (Reuters) - The United States and China piled pressure on Europe on Saturday to get to grips with its debt crisis before it risks causing bank runs and pushing the global economy into ruinous recession.
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BING NEWS:
- U.S. Takes Aim at China’s Production of Essential Computer Chips
China does not dominate global chip production yet, but its market share is growing fast. The U.S. government estimates that China could be responsible for more than 40 percent of global capacity in ...
12/23/2024 - 6:10 am | View Link - Europe Is Ready to Team Up on China—if Trump Is
On Friday, in an early morning social media post, U.S. President-elect Donald Trump issued a clear threat to the European Union: make up for the “tremendous deficit with the United States by the large ...
12/20/2024 - 12:51 am | View Link - China keeps benchmark lending rates steady as Fed signals fewer cuts ahead
The rate decision came on the back of a widely-expected 25-basis-points rate cut by the U.S. Federal Reserve on Wednesday. The Fed also indicated it will only reduce interest rates twice in 2025, ...
12/19/2024 - 12:04 pm | View Link - China continues nuclear buildup, has strengthened ties to Russia, Defense Dept report says
A new Pentagon report says China is continuing to expand its nuclear force and has strengthened its ties with Russia over the past year.
12/18/2024 - 1:21 am | View Link - US would face a 4-way axis in confrontation with China
Even those who wish to focus solely on a possible conflict with China should recognize that Beijing has allies who almost certainly would come to its aid.
12/13/2024 - 12:30 am | View Link - More
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