While this exemption was available to foreign firms earlier, it focused on only on specific sectors. With this strategic move, Beijing has covered all sectors, other than the prohibited ones, and to top it has made the provision applicable retrospectively… Read More ›
widens
U.S. – China trade gap widens to $24.58 billion in May 2018
Given its humongous trade surplus with the U.S., it would be only natural to assume that China has much to lose in the event of a hike in U.S. import tariffs. Before such tariffs are enforced by Washington, Beijing is… Read More ›