Greenland aims to expand its airports so as to cater to direct flights between Europe and North America. Incidentally, the decision has a strategic angle attached to it as well. Greenland has picked Denmark as a partner for its… Read More ›
China
Chinese airlines likely to spend $1.2 trillion for purchasing 7690 planes up to 2037: Boeing
China will also need spend $1.5 trillion to service its fleet of aircraft. On Tuesday, Boeing Co forecast, in the next two decades, Chinese airlines are likely to $1.2 trillion to purchase 7,690 planes. This current estimate which goes up… Read More ›
China vows response to U.S. tariffs threat
U.S. President Donald Trump has threatened to slap tariffs on all Chinese exports to the U.S. On Monday, a spokesman for China’s foreign ministry stated, Beijing will respond if the United States was to take any further steps on trade…. Read More ›
China’s trade surplus with the U.S. at record high in August 2018
The trade data could further push Washington to impose the next slab of tariffs on U.S. import of Chinese goods worth $200 billion. Customs data disclosed on Saturday showed China’s trade surplus with the United States has widened to a… Read More ›
China to adopt strong measures against any new U.S. tariffs
Despite U.S. trade measures the Chinese economy has albeit slowed down a little but has maintained its growth momentum. With U.S. President Donald Trump threatening to impose 25% tariffs on U.S. imports from China worth $200 billion, on Thursday, China’s… Read More ›
U.S. trade relations improve with EU, Mexico and Canada
In what is likely to be a strategic move, the United States has moved quickly to reach new trade deals with Mexico, the EU and Canada and in doing so it can then focus its energies on China, which is… Read More ›
Zhejiang Geely Holding Group Co to augment capacity of its Ningbo plant by 250,000
The capacity increase assumes significance since it ramps up production volumes as well as adds bigger cars to Geely’s product basket. According to two sources familiar with the matter at hand, China’s Geely is putting in place a new auto… Read More ›
China’s Central Bank moves to support the falling renminbi
The move by the People’s Bank of China (PBOC) is largely aimed at supporting the currency rather than reverse its trajectory. Market watchers expect the central bank to stick to this policy as long as the trade war with the… Read More ›
German business moral all time high in August
The July 2018, meeting between European Commission President Jean-Claude Juncker with U.S. President Donald Trump has done a lot of good, with both sides deciding to negotiate a further cutback to their respective trade tariffs. In August, for the very… Read More ›
Here is why wheat prices are set to rise globally
Several of the world’s leading wheat exporters, including Australia, the European Union, Argentina, Canada, the United States, Kazakhstan, Ukraine, and Russia, are seeing their wheat crop suffer this year. The last time this happened there were food riots in Asia… Read More ›
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