Clearly not amused by Trump’s escalation of the trade war, China’s state-owned media tabloids have a positive stance that tries to exploit the trade war to Beijing’s advantage. It is to be seen whether China is willing to walk the… Read More ›
Geopolitics
China Increases Import Tariffs On $60bn Of US Goods
Responding to the latest increase in duties aimed in a dispute over China’s technology policy by the United States President Donald Trump, China announced increasing of tariff on $60 billion of U.S. products. The Chinese measure was announced soon after… Read More ›
Trade war could last for 20 years: Jack Ma
Jack Ma’s remarks on the escalating trade war between the U.S. and China, were made at an investor conference. On Tuesday, during an investor conference, Jack Ma, Alibaba’s co-founder and chairman said, he expects trade frictions between China and the… Read More ›
Donald Trump fires fresh salvo at China, imposes 10% tariffs on Chinese imports worth $200 billion
In a strategic move aimed at positioning itself in a stronger position during negotiations, U.S. President Donald Trump has imposed a 10% tariff on Chinese exports to the U.S. for goods worth $200 billion. The tariff is applicable to the… Read More ›
Saudi Arabia’s Public Investment Fund takes out its first ever $11 billion international syndicated loan
The development assumes strategic importance since the development is part of a package aimed at diversifying Saudi Arabia’s oil-export driven economy. In a development that marks the first commercial borrowing by Saudi Arabia’s top sovereign wealth fund, the Kingdom’s Public… Read More ›
UK’s economic outlook “significantly worse” in case of no-Brexit deal: IMF
In its assessment, the International Monetary Fund stated a myriad unresolved issues still need to be ironed out before Brexit’s March 29 deadline. A no-Brexit deal will significantly impact the country’s economy. On Monday, the International Monetary Fund disclosed, Britain… Read More ›
China could hit at the core of the U.S. manufacturing supply chain machinery: Lou Jiwei
The suggestion by Lou Jiwei, a former finance minister, would feed the most hawkish sentiments in the Trump Administration and would attract a sharp retaliation from the U.S. With U.S. President Donald Trump expecting to announce new tariffs on U.S…. Read More ›
Canadian Foreign Minister Chrystia Freeland to travel to Washington for NAFTA negotiations
Canadian Foreign Minister Chrystia Freeland briefed Prime Minister Justin Trudeau twice in the spate of the 2 hours. For the second time in a few hours, Canadian Foreign Minister Chrystia Freeland briefed Canadian Prime Minister Justin Trudeau on the ongoing… Read More ›
50% Of US Firms In China Expect To Be Hit By Any New Tariffs: Amcham Survey
Results of a survey by two business lobby groups shows that at least 75 per cent of all of the Unites States based companies operational in China are expecting to get hit by the escalating trade between the countries even… Read More ›
WEF Foresees 4th Industrial Revolution, AI, Robotics To Dominate
According to the World Economic Forum (WEF) founder and executive chairman Klaus Schwab, it strongly recommends the promotion of the fourth industrial revolution and believes that all of its efforts should be focused on the maintenance of the multilateral trading… Read More ›
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