While the so called phase one of the trade agreement between the United States and China, that is slated to be signed later this week, will be able to only stop the bleeding but will not be able to bring… Read More ›
Geopolitics
Hong Kong considers tweaking tax framework to attract private equity
On Monday, Hong Kong’s finance secretary Paul Chan stated, the government is weighing its options for introducing a more “competitive” tax arrangement in order to attract private equity funds to the city. The development comes in the wake of China’s… Read More ›
China-Mexico agreement helps boost Chinese exports of goods and services to Mexico
In a statement, Mexican bank Grupo Financiero Banorte stated, it had signed an agreement with China’s Export and Credit Insurance Corp, Sinosure, to help it finance projects in Mexico that involve imports from China. Banorte did not disclose the value… Read More ›
Semi-Annual Talks Aimed At Reforms To Between US And China To Restart
A process that was started before Donald Trump became the president of the United States and one that was discontinued by his administration – semi-annual talks with China, will again be initiated, the two countries have agreed. The talks were… Read More ›
Rising Demand For iPhones In China Bring Good News For Apple
It was just about a year ago that iPhone maker Apple has issued a warning to investors about a a serious slow down in its business in China. A year later, that very market is apparently demanding more of the… Read More ›
Proposed 100% US Tariff On European Wine Same As Prohibition, Say US Wine Sellers
Wine makers and merchants in America were almost wiped out of business a cebntruy ago because of new restrictions. And according to the American wine industry, a similar threat is poised by the decision of the United States president to… Read More ›
Warning On 2020 Global Growth Issued By World Bank
The World Bank has said that if everything goes just right, there can be a modest rebound this year in the global economy after its weakest performance in 2018 since the global financial crisis. The global financial body has identified… Read More ›
Chinese Vice Premier Liu Hu to visit Washington next week for signing Phase 1 trade deal
On Thursday, China’s commerce ministry stated, Vice Premier Liu He, who heads China’s negotiation team in the U.S.-China trade talks, will be visiting Washington next week to sign the “Phase 1” trade agreement. Liu’s Washington visit will be for the… Read More ›
Hard Brexit or no-deal Brexit would either way damage the economy: Klaas Knot
On Wednesday, Klaas Knot, governor of Netherland’s central bank, who also sits on the European Central Bank’s Governing Council stated, in the event of a hard Brexit in 2020, the damage to the economy would be as great had Britain… Read More ›
Ghosn Rode A Bullet Train To Osaka While Fleeing To Lebanon From Japan: Report
A news report published by the Japanese news agency Kyodo on Monday claimed to have revealed a part of the mysterious journey that the former Nissan and Renault boss Carlos Ghosn had undertaken to escape from Japan to Lebanon. The… Read More ›