Tariffs

Chinese Businessmen Protest Belt and Road Profits for Foreigners

The South China Morning Post reported Monday on Chinese businessmen complaining that Beijing’s ambitious Belt and Road Initiative (BRI) is generating too many profits for foreign firms and subjecting Chinese companies to increased competition.

The Associated Press

Donald Trump Called Xi Jinping ‘King’ of China: ‘He Liked That’

President Donald Trump spoke at the National Republican Congressional Committee (NRCC) spring dinner in Washington on Tuesday, saying he referred to Chinese President Xi Jinping as the “king” of China during their 2017 meeting in Beijing and that Xi considered it a compliment.

Trump, Xi at Mar-a-Lago