Amid the global economic and business uncertainty brought in by the novel coronavirus pandemic, more foreign businesses are investing in Chinese companies and buying them up which includes deals being made in the more sensitive industries of finance and technology… Read More ›
Geopolitics
COVID19 exposed fundamental tensions between systemic rivals – EU and China
Tensions between the European Union and China could potentially cool down after a video summit today. The video summit will be their first formal talks since the European Union accused Beijing of trying to obfuscate and spread disinformation about the… Read More ›
Some Leaders In EU Underestimating Covid-19 Induced Economic Crisis, Says Angela Merkel
There are people who are still not appreciative enough of what it will mean to slump into the “deepest recession since the second world war”, said German Chancellor Angela Merkel as she voiced fears over European Union leaders expressing opposing… Read More ›
Soon After High-Level Talks, Trump Threatens To Sever China Ties
A day after the top diplomats of the United States participating in negotiations with counterparts of China in Beijing, US president Donald Trump renewed his threat to end ties with China. It was also a day ago that the US… Read More ›
Global Luxury Industry Will Suffer For 2 Years Or More Due To Covid-19, Warns Chanel
The French fashion label Chanel has said that the impact of the novel coronavirus pandemic will be felt by the international luxury industry for the next two years, and possibly even longer. The luxury retailer warned that the pandemic will… Read More ›
Trump places decoupling with China on the negotiating table
A day after top U.S. diplomats met with their Chinese counterparts in Hawaii, U.S. President Donald Trump renewed his threat to cut ties ties with China given its history of not sticking to its commitments. Describing the U.S.-China as “tense”… Read More ›
New Zealand and Britain launch FTA negotiations
On Wednesday, Britain and New Zealand formally launched free trade negotiations, with the former looking to line up deals with other countries post-Brexit. In a statement, New Zealand’s Minister for Trade and Export Growth David Parker said, New Zealand is among… Read More ›
Historic Drop In Oil Demand In Current Year, Predicts IEA, Recovery In 2021
The drop in demand for oil for the current year will be the steepest in history, predicted the International Energy Agency on Tuesday. The IEA said that “a more stable footing” over the coming months could be reached by the… Read More ›
Members of European Parliament propose suing China over national security laws in Hong Kong
In a significant development, members of the European Parliament have drafted a lawsuit accusing China of violating the Sino-British Joint Declaration and the International Covenant on Civil and Political Rights in a strong pushback to Beijing’s move to impose draconian laws… Read More ›
Australia Calls On Foreign Students To Chose The Country For Studies As China Advises Students Not To
As Australia still struggles with its latest tensions with China, Australia wants to hold on to the international students studying in the country. Students from all over the world were urged by Australia’s finance minister to “consider Australia” because despite… Read More ›