U.S. adds four more Chinese firms to Pentagon blacklist
WASHINGTON – Washington is poised to designate four more Chinese companies as backed by the Chinese military, sources said, curbing their access to U.S. investors as the Trump administration seeks to cement its hawkish China legacy in its waning days. … Continue reading U.S. adds four more Chinese firms to Pentagon blacklist
China to cut tariffs, boost imports
BEIJING – China will continue to cut its tariffs and expand imports of high-quality goods and services, Chinese President Xi Jinping said on Thursday, while vowing to push reforms and promote an innovation-driven growth model. “We will further reduce tariffs … Continue reading China to cut tariffs, boost imports
USA: Decoupling economy from China on agenda
WASHINGTON – With the U.S. election approaching, President Donald Trump again raised the idea of separating the U.S. and Chinese economies, also known as decoupling, suggesting the United States would not lose money if the world’s two biggest economies no … Continue reading USA: Decoupling economy from China on agenda
Meet the next-normal consumer
New York – As the world begins its slow pivot from managing the COVID-19 crisis to recovery and the reopening of economies, it’s clear that the lockdown has had a profound impact on how people live. The period of contagion, self-isolation, … Continue reading Meet the next-normal consumer
Hong Kong economy to shrink 6 to 8 per cent
Hong Kong – Hong Kong’s economy is expected to shrink by between 6 and 8 per cent this year – in what would be the first back-to-back annual contractions since record-keeping began 1961 – as the city grapples with a third wave … Continue reading Hong Kong economy to shrink 6 to 8 per cent