Latest: Fintech News

Trump administration could lower tariffs on Chinese goods to 50-65%, pending talks with Beijing, a source said. But Beijing says no talks have been held yet

Lawmakers are concerned about 3 Chinese firms despite bans on them providing telecom services, as they still run equipment, software and cloud-based systems in the US

Many export firms have baulked at Beijing's call to focus more on the domestic economy, amid weak demand, low profits and issues stemming from the lack of a social security net

China seems to be taking leaves from the American playbook as it steps up its retaliation against Donald Trump's tariff war

Commentators deride retreat in posturing, but Asian and global markets all rose after US President said tariffs imposed on China are likely to be substantially lower than 145%

Banking sources say the net payments system is designed for large corporations and works directly with 11 Chinese provinces

International Monetary Fund says Trump's tariffs were "a major negative shock" for the global economy and most economies will see slower growth in the near-term