China is reportedly conducting a global diplomatic campaign to oppose President Donald Trump’s new trade deals with US allies. According to a Bloomberg report on Tuesday, Beijing is trying to reframe itself as a global rules-based order defender and make other countries see Washington as an unreliable trading partner.

China’s economy showed its first big signs of damage from the trade war, as steep U.S. tariffs pummeled export orders and production at the country’s factories. A gauge of new export orders fell in April to its lowest reading since Covid-19 was ravaging the country in 2022,

By Laurie Chen, Michael Martina BEIJING/WASHINGTON (Reuters) -When the leaders of some of the world's largest companies flocked to Beijing for a business forum last month, their main purpose was a coveted meeting with Chinese leader Xi Jinping.