China spared major cognac producers Pernod Ricard, LVMH and Remy Cointreau from hefty duties on EU brandy on Friday, a rare bright spot at a time of trade tensions between Brussels and Beijing as the two sides row over tariffs on Chinese-made EVs.

Major Cognac companies made concessions to avoid the worst of the penalties, imposed by Beijing in retaliation for E.U. tariffs on Chinese electric vehicles.

At the heart of Trump’s latest trade deal with Vietnam and talks with other trading partners is an effort to counter what he sees as China’s unfair practices to circumvent U.S. tariffs.

New deal includes steep tariffs on “transshipped” goods from countries like China that route through Vietnam. President Donald Trump was going to notch 90 trade deals in 90 days. Easy. Art of the deal.

Weeks before the Dalai Lama ruled out China's role in choosing his successor, President Xi Jinping met a Tibetan Buddhist monk installed three decades ago by Beijing as the faith's No. 2 leader, the Panchen Lama.

Tibetan spiritual leader Dalai Lama addresses via a video message at the inaugural session at the 15th Tibetan Religious Conference at the Dalai Lama Library and Archive near Tsuglagkhang, also known as Dalai Lama's Temple complex,

Days before his 90th birthday, the Dalai Lama announced the Gaden Phodrang Trust, a non-profit he founded, will have the sole authority to recognize his future reincarnation, but China insists it will choose the successor of the Tibetan spiritual leader.