The view that the Chinese leadership was desperate to negotiate a trade deal, to avoid economic pain that could destabilize Chinese society and threaten the Chinese Communist Party’s monopoly on power, is common among China hawks in the United States. This analysis is partly accurate, but it has led many to draw false conclusions.

Secretary Treasury Scott Bessent said both the U.S. and China don’t want the trade war to escalate. However, he said it’s China’s responsibility to ensure that doesn’t happen. As the U.S. and China stare each down amid their ongoing trade war,

The Senate has confirmed former Sen. David Perdue as ambassador to China, just as the U.S. and China are locked in a tariff showdown.

The US Senate has confirmed that former Georgia Senator David Perdue will become ambassador to China, a key post amid the Trump administration's escalating trade tensions with Beijing. Perdue, who was nominated by Trump during the transition period in December,

China says six Filipinos landed on a tiny outcropping that both countries claim in the South China Sea , days after photos emerged of Chinese coast guard officers displaying a Chinese flag on the same group of sandbars.

China has declared sovereignty over an uninhabited reef, known as Sandy Cay, in the South China Sea. The Philippines says the claim is fake news. Bloomberg's Cliff Venzon reports on the latest escalation of tensions between Manila and Beijing.