"They can go find another sucker," Trump said in a social media post, responding to efforts by the BRICS group of countries to build a currency alternative to the dollar

But the world’s second-largest economy still needs to navigate major challenges to meet its overall climate goals — the biggest being a booming demand for power

Trump's tariff threats are rattling China's industrial complex, which sells goods worth more than $400 billion annually to the US

The president-elect has said he will nominate Wall Street CEO Howard Lutnick to lead his trade and tariff strategy. Lutnick is a big proponent of tariffs, especially aimed at China

China’s announcement last week on ending export tax rebate means exporters of affecting products — ranging from aluminium to used cooking oil — will look to pass on the resulting extra costs

The directive comes as, starting Wednesday, Chinese electric vehicles heading to Europe will be subject to tariffs as high as 45.3%

China's recent policy stimulus has triggered a furious rally in stocks, though that euphoria has turned into caution in past weeks

The rising losses stem from China’s vulnerability to climate change, with higher temperatures magnifying the intensity of storms and rainfall saturating cities on its long coast

Worsening geopolitical ties between Beijing and the West, along with the spiralling economic conditions in China have been the biggest drivers of the drop in business sentiment

In return, Russia was helping China develop military technologies such as submarines, aeronautics missiles, a top US official said

Excess capacity and a lack of domestic demand threaten to create a vicious cycle within China’s economy where lower employment and wages could lead to a further fall in private consumption

Chinese officials have warned the world's second-largest economy faces hotter and longer heatwaves and more frequent and unpredictable heavy rain as a result of climate change