Trump confirms China deal
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Boeing delivered a new 787-9 aircraft to China's Juneyao Airlines on Saturday, Chinese media outlet Yicai reported, as trade tensions between Beijing and Washington ease.
China has leverage it can use by limiting access to its rare earth supplies, but it does not want to sacrifice its reputation as a reliable supplier.
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President Donald Trump announced Wednesday that China will make it easier for American industry to obtain much-needed needed magnets and rare earth minerals, clearing the way for talks to continue between the world’s two biggest economies.
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China on Friday published draft guidance to regulate the export of data generated by cars in the country, providing a potential roadmap for companies such as Tesla that have been keen to do so.
If a handshake agreement holds, it will merely undo some of the damage from the trade war that President Trump started.
The Trump administration says its reviewing a deal to sell nuclear-powered submarines to Australia over concerns that the U.S. is not producing enough of its own.
Chinese authorities released draft guidelines on transmitting data from automobiles overseas, a move that could pave the way for the wider rollout of Tesla Inc.’s most advanced driver-assistance functions in the world’s largest car market.
China has deployed both of its aircraft carriers—CNS Liaoning and CNS Shandong —to the east of the first island chain since June 7. Japan's military reported that its patrol aircraft was intercepted by fighter jets launched from the Shandong while conducting surveillance.