U.S. companies are increasingly concerned a hardline approach could stunt their prospects in the world's second largest economy – and turn them into targets of Chinese retaliation. China's retaliation tactics could range from economic changes to matters of diplomacy and security,

Donald Trump’s return to power has raised the chances of another trade war between the US and China, making Beijing’s potential negotiators some of the most important people in Xi Jinping’s government.

China's finance ministry said on Friday it would reduce or cancel export tax rebates for a wide range of commodities and other products, effective Dec. 1.

Aluminum soared as China announced it was removing a tax rebate that covers over 5 million tons of exports of the metal.