Economies across the globe have come to realise that China’s non-market economic policy and trade structures as well as its state-led, mercantilist approach to trade, is skewed and lopsided; it benefits only China, to the detriment of its trading partners…. Read More ›
The development comes in the wake of U.S. President Donald Trump’s imposition of metals tariffs on the bloc. On Friday, according to a filing in the European Union’s official journal, the EU is set to impose import limits on steel… Read More ›
The SPV underscores the EU’s intent to stick to the 2015 Iran nuclear deal. At the onset, this alternative clearing house will focus on food, aid and humanitarian needs rather than on trade. On Thursday, in a significant development, two… Read More ›
China has done little to address core U.S. concerns on respecting and adhering to international standards on intellectual property rights and forced transfer of U.S. technology to Chinese firms. Unless there is a verifiable way to ensure Beijing sticks to… Read More ›
Here is what the founder of hedge fund Bridgewater Associates had to say at the World Economic Forum at Davos. Ray Dalio, founder and chairman of Bridgewater Associates, a hedge fund, opined at the World Economic Forum, he sees significantly… Read More ›
Japan forms part of a list of countries that have been exempted from U.S. economic sanctions on Iran. Countries on this exemption list are allowed to import Iranian oil for another 180 days. On Monday, the governor of Iran’s central… Read More ›
The Financial Time’s report had cited sources and a fund raising document, and stated, Berkshire Hathaway’s geothermal wells could produce up to 90,000 tonnes of lithium a year worth $1.5 billion at current prices. Berkshire Hathaway Energy Co, a unit… Read More ›
Headwinds facing Huawei Technologies and ZTE Corp is likely to shoot up to gale force. In a development that comes in the wake of federal prosecutors investigating alleged stealing of trade secrets by Huawei from T-Mobile and other businesses, a… Read More ›
China’s trade surplus with the United States grew by 11.3% from the previous year. Customs data released on Monday shows, China recorded its biggest trade surplus with the United States which touched $323.32 billion – its highest since 2006. In… Read More ›
The story gets interesting since the Polish national is a former agent of Poland’s internal security agency. On Friday, in a development that yet again points the finger of accusations at Chinese telecom giant Huawei, Poland has arrested a Chinese… Read More ›
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