Chinese consumers have less and less confidence to splurge, which spells trouble for government efforts to jump-start consumer spending to offset deflation and mitigate the trade war with the U.S.

President Donald Trump spoke with Chinese President Xi Jinping on the phone Thursday amid a trade war between the two countries, according to Chinese state media. The call happened at Trump's ...

The Chinese authorities summoned major electric vehicle manufacturers, including BYD, urging them to self-regulate as the ongoing price war escalates.

Chinese consumers have less and less confidence to splurge, which spells trouble for government efforts to jump-start consumer spending to offset deflation and mitigate the trade war with the U.S.