Apart from the asymmetry between the access that Chinese firms enjoy in foreign markets and the access China provides foreign companies in its markets, the real threat to national security is that China’s 2017 cybersecurity law obliges and forces citizens… Read More ›
Washington
U.S.-China trade deal possible during summit: WSJ
Trump has made it clear that unless he is satisfied with the terms of the trade deal, he will walk away from it. As per a report from the Wall Street Journal, high level negotiations between U.S. President Donald Trump… Read More ›
Infrastructure investment under pressure: China’s state planner
Investors are starting to lose confidence in local companies weighed down by a mountain load of debt.
U.S. Federal Reserve permanently bars former MD of JPMorgan Chase & Co’s Hong Kong unit
With Timothy Fletcher’s cooperation, the U.S. Justice Department, the Federal Reserve and the SEC will follow through with any pending or potential enforcement action against other individuals who are or were affiliated with the Hong Kong unit of JPMorgan Chase… Read More ›
Lockheed Martin unveil F-21 fighter jet for India
Lockheed Martin unveiled the F-21 fighter jet at an airshow in the southern Indian city of Bengaluru. On Wednesday, in a development that underscores an increase fostering of U.S.-India defense ties, Lockheed Martin has offered India a new combat jet… Read More ›
Tariffs on EU auto exports to the U.S. could result in EU reneging on its purchase commitments from the U.S.
The head of the European Commission, Jean-Claude Juncker, stated, he had a deal with U.S. President Donald Trump which ensures that Washington will not impose tariffs on EU car exports to the U.S. for the time being. In a clear… Read More ›
Brazil seeks $203.6 million in compensation for from EU for imposing tariffs on Brazilian steel
In the event the EU does not pay up, Brazil is likely to impose additional tariffs on hike up existing ones, including the one on powdered milk. Following the imposition of import tariffs by the European Union on Brazil, the… Read More ›
U.S.-China high-level trade negotiations begins in Beijing
The talks will end on Friday. On Thursday, China’s state news agency Xinhua reported, the United States and China have begun high level trade negotiations in Beijing. The Chinese team is being led by Chinese Vice Premier Liu He while… Read More ›
Mike Pompeo warns U.S. allies on using Huawei’s telecom equipment
Mike Pompeo’s message was lucid: if Huawei is allowed to build its network in an allied country it would make it difficult for Washington to “partner alongside them”. In a significant development, U.S. Secretary of State Mike Pompeo issued a… Read More ›
Consumption growth in 2019 likely to slowdown: official from China’s Commerce Ministry
With economies around the world, including the United States and the EU, taking measures to mitigate China’s trade policies, China’s economy witnessed a historic slowdown in 2018. As part of that slowdown, the Chinese car market touched its 30-year low…. Read More ›