China's MOFCOM they discussed AI with the US under the bilateral economic and trade consultation mechanism
China's MOFCOM they discussed AI with the US under the bilateral economic and trade consultation mechanism
EUROPEAN OPEN: SU FP to buy SLYG GY for EUR 1.27bln; ENR GY approves EUR 2bln buyback; RIO LN plans metals trading expansion; EL FP unveils next-gen AI glasses with META; HMB SS Q3 op profit beats; MBG GY plans EUR 800mln labour savings
China’s NDRC raises retail fuel prices in the current bi-monthly cycle, effective September 25th, with gasoline prices up CNY 395/tonne and diesel prices up CNY 385/tonne
Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.
- Will continue to expand digital consumption demand, implement digital consumption enhancement initiatives and further promote AI in consumption and further relax market access and optimise cross-border e-commerce retail import policies and share market opportunities with other countries.
Announcements routed through the US-China bilateral economic and trade consultation mechanism have historically functioned as signalling devices rather than policy events: the mechanism itself has cycled through active and dormant phases in line with the broader relationship, and readouts of this kind tend to emphasise process continuity over substance. The notable element is AI appearing as a discussion topic within a trade framework, since technology export controls and compute access have been among the most contentious bilateral files; inclusion of the topic in the consultation readout suggests both sides want the channel seen as functioning, without implying convergence on the underlying restrictions. Language on relaxing market access and expanding digital consumption follows a familiar pattern from MOFCOM statements, where such commitments are broad, directional and rarely accompanied by implementing detail at first issuance. The distinction that matters is between readout rhetoric and subsequent concrete measures, such as tariff adjustments, entity list changes or published rules on cross-border e-commerce. The follow-ons worth tracking are any corresponding US readout, which in past episodes has diverged sharply in tone from the Chinese account, and whether the next scheduled round of talks produces named deliverables rather than continued dialogue.
Related headlines
- European Equity pre-Market Summary - 24th September 2026: European equity set to open with losses; H&M reports strong results1 hour ago
- PRE-MARKET TAIWAN AND SINGAPORE STOCKS NEWS: TSMC (2330 TT) and Synopsys (SNPS) partnered to accelerate AI systems innovation using agentic AI and advanced design technologies6 hours ago
- US President Trump says great greeting with Chinese President Xi, adds entire tech and banking world will be at the dinner tomorrow9 hours ago
- Chinese President Xi says look forward to in-depth exchanges with US President Trump and will expand cooperation between the two countries in various areas9 hours ago
- Primer: US to sell USD 70bln of 5-year notes at 18:00BST/13:00EDT15 hours ago
- US Senate Majority Leader Thune believes President Trump is open to implementing AI guardrails despite his public defiance on the issue, according to Axios10 hours ago
- Senate Majority Leader John Thune says President Trump is "not really dug in" against guardrails for AI , despite Trump's public campaign against restricting the technology, Axios reports11 hours ago
- EUROPEAN OPEN: SU FP to buy SLYG GY for EUR 1.27bln; ENR GY approves EUR 2bln buyback; RIO LN plans metals trading expansion; EL FP unveils next-gen AI glasses with META; HMB SS Q3 op profit beats; MBG GY plans EUR 800mln labour savings27 min ago
- Newsquawk Daily European Equity Opening News - 24th September 20261 hour ago
- [UPDATE] UN General Assembly and US-China Schedule: Israeli PM Netanyahu to address the UNGA; Trump greets Xi at 15:00 BST / 10:15 EDT1 hour ago
- PRE-MARKET CHINESE STOCKS NEWS: Xiaomi (1810 HK) president said launch sales of the Xiaomi 18 Fold rose 300% compared with its previous-generation foldable smartphone; US-China trade truce was extended to January 10th6 hours ago
- Canadian PM Carney is reportedly prepared for risk that Trump might order military action against Canada, according to The Globe and Mail6 hours ago
- Israeli military carried out several bombings in southern Lebanon, according to Al Masirah9 hours ago
- US Market Wrap: Bond yields rally, weighing on stocks amid a plethora of factors11 hours ago
- TREASURY WRAP: T-NOTE FUTURE SETTLE 31 TICKS LOWER AT 105-0112 hours ago
- Trump officials reportedly weigh rolling back beef import plan, according to Politico 12 hours ago
- Russian Presidential Envoy heads to the US for new talks with members of Trump's administration, according to reports, citing sources12 hours ago
- US President Trump emphasized to Venezuela's Rodriguez the need to keep oil flowing, relations warm, and that elections need to happen, reports Axios citing sources13 hours ago
- US Energy Secretary Wright "rejected a Politico report stating Trump aides were preparing a 90-day prohibition that could be announced within days", reports NYP 13 hours ago
- [Market Update] Crude and diesel futures move lower following reports that the Trump administration is preparing a plan to ban exports of diesel for 90 days; dollar strength continues after the report14 hours ago
The whole workspace, free to try.
Try it free