Trade war wake-up call for Chinese companies
Dalian – China’s economy is faring relatively well despite the difficulties brought by the China-US trade war, executives and experts said at the ongoing Summer Davos 2019 in Dalian, Northeast China’s Liaoning Province on Monday. One outcome of the trade war could … Continue reading Trade war wake-up call for Chinese companies
Business leaders warn on cost of Huawei ban
Washington/Beijing – The head of the US-China Business Council, whose members include major US chipmakers that are suppliers to Huawei Technologies Co Ltd, said that the ban on the Chinese telecom giant would come at a cost to US businesses, … Continue reading Business leaders warn on cost of Huawei ban
Counting the Global Cost of the U.S.-China Trade War
Washington/Beijing – The U.S.-China trade war has entered a dangerous new phase. Tariffs are up and there’s the threat of more to come. A quick fix is still possible, with Presidents Donald Trump and Xi Jinping set to meet at the G-20 … Continue reading Counting the Global Cost of the U.S.-China Trade War
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