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.

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

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.

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

China is not seeking a trade surplus and is willing to import more competitive and high-quality products and services to balance trade, Ding Xuexiang, the country's vice premier, said on Tuesday.

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.

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":

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,

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,

DeepSeek released an open-source artificial intelligence model in December, saying it took only two months and less than $6 million to create it.

Latest stories about World Economic Forum on Business Insider

DeepSeek’s latest models, created by a small company with limited resources, are already beating many of the leading AI models in the United States.