Donald Trump's rapid move to ban a "digital dollar" has left the field wide open, observers say, for China and Europe to make their already-advanced central bank digital currency (CBDC) prototypes into global standard-setters.

The move comes as the head of the European Central Bank suggested that Americans disaffected with the Trump administration should come to Europe.

For a growing number of analysts and industry insiders, this is ground zero for Europe's "China shock" - even if the Asian giant does not appear on the bedsheets emblazoned with workers' demands.

China seen posing ‘longer competitive challenge and a sort of strategic challenge’ in important industries, and this could reinforce the EU as a US ally.

President Donald Trump repeated false claims about the US trade relationship with Canada and Europe in virtual Thursday remarks to the World Economic Forum in Davos. He also delivered a smattering of other misstatements and exaggerations about trade,

The busy scene at Dapukou terminal of Ningbo Zhoushan Port, East China's Zhejiang Province File photo: Li Hao/GT The first container ship of the "China-Europe Express", the cargo ship KAWA Ningbo, operating the fastest direct route connecting Europe and China's Yangtze River Delta region,

The recent troop disengagement with China provides India a small opportunity, yet significant issues persist, including military tensions and trade deficits.

Elon Musk's Tesla launched a new higher-priced version of the Model Y, its best-selling car, in the United States, Canada and Europe on Thursday, weeks after it was first released in China.

People attend a ceremony marking the completion of the maiden voyage of the first "China-Europe Express" container ship in Wilhelmshaven, Germany, on Jan. 24, 2025. The first container ship of the "China-Europe Express",

Donald Trump's rapid move to ban a "digital dollar" has left the field wide open, observers say, for China and Europe to make their already-advanced central bank digital currency (CBDC) prototypes into global standard-setters.

China-based DeepSeek's artificial intelligence model has shaken the sector by offering high performance apparently at a fraction of the cost of those developed by US giants, with many experts

Volkswagen's CEO has spoken to the carmaker's Chinese joint venture partners about their interest in investing in Europe but was not aware of any concrete decisions on their part, a VW spokesperson said on Tuesday.