President Donald Trump said on Monday that China is ready to come back to the negotiating table and the two countries will start talking very seriously.Politicsread more
The escalating trade war between Washington and Beijing dominated discussions at the G-7 gathering in France.Politicsread more
The latest round of tariff announcements in the last few days means that by the end of the year, essentially all Chinese goods exported to the U.S. will be subject to duties.China Economyread more
Futures fell after Trump said the U.S. will raise tariffs on more than $500 billion worth of Chinese imports, increasing trade tensions.Marketsread more
As Washington and Beijing continue to up the ante in their protracted trade fight, the potential of a recession in the U.S. is now "the biggest concern," according to Standard...US Economyread more
Tensions stemming from the U.S.-China trade war escalated sharply over the last few days, with much happening as Asian markets were shut down for the weekend.China Economyread more
Clouding the G-7 gathering, which represents the world's major industrial economies, are the tit-for-tat tariffs between Washington and Beijing.Politicsread more
Neither the U.S. nor China wants to be seen as the party that derailed trade talks, says William Reinsch of Center for Strategic and International Studies.World Economyread more
China said Friday it will be resuming 25% duties on U.S. autos, and a further 5% on auto parts and components.Asia Marketsread more
World leaders, environmental groups and celebrities have publicly decried the vast swaths of forest being destroyed by the fires.World Newsread more
Education Minister Ong Ye Kung says the Singapore government has been preparing for the challenge of an aging workforce "for the past 20 years."Employmentread more
As the U.S. shutdown enters its third week and the debt default deadline grows ever nearer, both China's government and its population have been paying close attention to the goings-on in Washington.
Much of that has to do with China being the biggest foreign holder of U.S. Treasury bonds - about $1.28 trillion, according to U.S. government data.
The government in Beijing said last week in a commentary on China's official news agency that the impasse in Washington was a sign that the world should consider "de-Americanizing."
(Read more: As shutdown drags on, is more global easing coming?)
"A new world order should be put in place, according to which all nations, big or small, poor or rich, can have their key interests respected and protected on an equal footing," the commentary said.
However, the population's take on the U.S. shutdown is far more varied: while some show a similar level of frustration and anger as their government, others argue that the ordeal is simply a good representation of democracy.
Newspapers in China carry the U.S. shutdown on their front covers, with headlines warning of the clock ticking and that the debt ceiling debate would ruin the country's credibility.
(Read more: UK's Osborne woos China with shared investment)
"That's our hard earned cash" one man told CNBC, referring to China's ownership of U.S. Treasury bonds, adding, "I hope they can talk it out."
Another man told CNBC: "Chinese politicians need to do something about this!" The statement last week from the Chinese government was perhaps a veiled warning to Democrats and Republicans to sort out their differences, with a warning about America losing its standing a hopeful catalyst towards change.
Of course, with China amassing large amounts in dollar reserves, there is not much the country can do other than invest in U.S. Treasury bonds for the time being.
"Of course, people,China, Chinese government wants to diversify their investment, but still I guess right now, U.S. Treasury bonds still the top choice for them," Zhao Longkai, a professor at Peking University told CNBC.
However, while many Chinese people remain bewildered by the deadlock in Washington, others - particularly on social media - have highlighted the strength of American democracy, especially when compared to the one-party structure in Beijing.
(Read more: Why Chinese actually envy the US government shutdown)
As reported by GlobalPost, many Chinese users of the country's Twitter-like Sina Weibo said that the shutdown showed that elected representatives did not treat the issues at hand - such as taxes, debts, and expenses involving taxpayer's money - lightly, and that in China open disagreement and debate was never witnessed within the ruling Communist party.
"America sees itself as a superpower," one person told CNBC. "Now we know they're just like everybody else."