2025-04-23
Treasury Secretary Bessent says U.S. wants to help China change its economy
Treasury Secretary Scott Bessent said on Wednesday that China’s current economic model — built on “exporting its way out of economic troubles” — is unsustainable, and the U.S. wants to help it change.
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2024-12-30
The US Treasury Department says it was hacked in a China-linked cyberattack
Documents and workstations at the US Treasury Department were accessed during a cyberattack, The New York Times reports. The attack was linked to a "China state-sponsored Advanced Persistent Thr [...]
2025-01-16
China-linked hackers accessed over 400 US Treasury computers
The US Treasury Department announced in a letter back in December that it had been the victim of a security breach, attributing it to a “China state-sponsored Advanced Persistent Threat actor.” No [...]
2025-01-02
China-linked attack on US Treasury Department reportedly targeted its sanctions office
The US Treasury Department told lawmakers in a letter back in December that its documents and workstations were accessed by an external party in a security breach. It described the attack as "a m [...]
2025-10-22
Kai-Fu Lee's brutal assessment: America is already losing the AI hardware war to China
China is on track to dominate consumer artificial intelligence applications and robotics manufacturing within years, but the United States will maintain its substantial lead in enterprise AI adoption [...]
2025-05-30
Bessent admits U.S.-China negotiations are 'stalled' and CEO pessimism surges
U.S. Treasury Secretary Scott Bessent said Thursday that trade negotiations with China are “a bit stalled,” just weeks after both sides declared a 90-day tariff truce.Read more... [...]
2025-04-28
Trump official says China needs to de-escalate trade tensions that Trump escalated
Treasury Secretary Scott Bessent said Monday that China needs to de-escalate the U.S.-China trade war — of which President Donald Trump has largely stoked the flames.Read more... [...]
2025-07-28
Trump temporarily drops export controls to smooth negotiations with China
After previously saying that the US would block exports of key AI chips to China, Donald Trump's administration may have backtracked. The US will now temporarily block restriction on exports of c [...]