Long-term Benefits for China and the World Economy
Shanghai– After almost two years of trade tensions and negotiations, the US and China have finally signed on the Phase One trade agreement. A key US demand is that China will increase imports from the US by at least USD … Continue reading Long-term Benefits for China and the World Economy
Global investors undeterred by trade war
Shanghai/Hong Kong – Trade wars and softer growth are unlikely to dissuade global investors from diving into the world’s second-largest economy as they seek better returns, participants in the Reuters Global Investment Outlook 2020 Summit said this week. Although economic … Continue reading Global investors undeterred by trade war
China-U.S. Trade War effects Tourist industry
Beijing – The Sino-US trade war and a weaker yuan have put a damper on outbound travel from China, as Chinese travelers turn towards domestic travel or more value-for-money destinations in South-east Asia. Guangdong Qiyouji International Travel Service’s marketing and … Continue reading China-U.S. Trade War effects Tourist industry
China cancels U.S. farm visits
Washington – A U.S. – China trade deal appeared elusive on Friday after Chinese officials unexpectedly canceled a visit to farms in Montana and Nebraska as deputy trade negotiators wrapped up two days of negotiations in Washington. Chinese officials were … Continue reading China cancels U.S. farm visits
IMF warns of trade dispute disruptions
Beijing – Escalating disputes between China and the United States could significantly weaken sentiment in business and financial markets, disrupt global supply chains and create an economic drag this year, the International Monetary Fund warned on Friday. The IMF research, … Continue reading IMF warns of trade dispute disruptions
U.S. trade war: China plans tit-for-tat response
Hong Kong – China is exhibiting some worrying trade war restraint. A popular nationalist tabloid suggested this week that Beijing could retaliate against Washington using the country’s grip on rare-earth supplies, U.S. debt or American business on the mainland. A … Continue reading U.S. trade war: China plans tit-for-tat response