On the campaign trail last year, President Donald Trump talked tough about imposing tariffs as high as 60% on Chinese goods and threatened to renew the trade war with China that he launched during his first term.

Donald Trump’s second term in office is getting off to a good start for China.

DAVOS, Switzerland -- Chinese Vice-Premier Ding Xuexiang on Tuesday delivered a special address at the World Economic Forum Annual Meeting 2025 in Davos, Switzerland. The following is the full text of the speech entitled "Keeping to the Right Path of Multilateralism and Promoting Open and Inclusive Development":

President Trump's approach to China significantly shifted since his campaign, focusing on a nuanced relationship balancing trade concerns and diplomatic engagement. As he adopts pragmatic strategies,

Russia and China are strengthening their cooperation on AI technology. Although China-Russia imports and exports have reached record levels, growth has slowed significantly compared to 2023.

DeepSeek released an open-source artificial intelligence model in December, saying it took only two months and less than $6 million to create it.

We are closing our live coverage of the 2025 Word Economic Forum in Davos. Goodbye. Al Hassaina Mosque on December 3, 2021, and the mosque after its destruction in an Israeli strike during the war, in Gaza City, January 22, 2025. REUTERS/Mohammed Salem/Mahmoud Al-Basos

Trump Details U.S.-China Relations To Attendees Of The World Economic Forum In Davos President Trump was asked about the U.S.-China relationship at the WEF in Davos, Switzerland, on Thursday. Fuel your success with Forbes.

At the World Economic Forum 2025, leaders tackled major global issues, including AI regulation, environmental initiatives, and regional integration. Highlights included Africa's launch of a massive forest reserve,

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Donald Trump addressed the World Economic Forum in Davos via video link on Thursday. The US President demanded respect from other countries, including Canada and Mexico. Trump called on OPEC to lower the price of oil and threatened companies that do not produce in the USA with tariffs.

China is suffering from deflation, devaluation, capital flight and the loss of foreign investment — all at the same time. Unprecedented, far worse than "Japanification."