China softens stance on big tech to boost consumption and employment.
China Daily warns US tariff policy could backfire, hurting its own economy and consumers.
Ex-US official warns China's excessive trade surplus is unsustainable and unacceptable, urging action to address the imbalance.
US tariffs on Venezuela may aim to counter China's influence in the region and boost US leverage.
Jeffrey Sachs refutes US claims of Chinese overcapacity, calling them "absolutely wrong."
