The trade conflict between the U.S. and China is heating up as talks between the two nations concluded without any resolution. Though the American side did all it could to resolve the matter with a mutually beneficial agreement, it failed to appease the power-hungry Chinese Communist Party (CCP). Hungry for power Over the past few ...
After U.S. President Donald Trump recently announced that tariffs on US$200 billion worth of Chinese imports will be increased to 25 percent, many businesses in the Asian country became worried about their economic prospects. Originally, the products were only charged a 10 percent tariff. Industries affected One of the industries that will likely be most ...
In a bid to end the trade war with America, China has passed a new foreign investment law that would address many of the U.S.’s concerns that triggered the conflict. The law was passed with an overwhelming majority, with the National People’s Congress voting 2,929 in support of it. Only eight votes were cast against ...
The U.S.-China trade conflict has done significant damage to the global economy, stunting investments across the world. In America, Chinese investments have dropped steeply as a result. Beijing’s increasing restrictions on foreign investments have also affected the decline. Chinese investments According to the Rhodium Group consultancy, Chinese investment in U.S. assets was at the lowest ...
Trade tensions with the U.S. and a slowing economy negatively affected the Chinese stock markets last year. As a consequence, at least 161 people lost their status as billionaires in China, according to wealth research firm Hurun Report. Wipeout of billionaires Last year, the number of Chinese billionaires stood at 819. But as of January ...
According to Chinese beliefs, February 5, 2019, marked the start of the Year of the Pig. Occult practitioners have warned that the Year of the Pig might not turn out to be so great for China and the rest of the world. The U.S.-China trade war has the potential to drag on and dampen the global ...
Trade talks between the U.S. and China are underway in Washington and the world is waiting with bated breath for an announcement signaling an end to the trade war. Experts from the aviation industry feel that airplanes can factor into the negotiations. Airplanes An important aspect of these talks has been the U.S. demand that ...
The United States and China are engaged in serious discussions to resolve the long-standing trade conflict between both nations that has rattled global markets for the past several months. In the trade negotiations, the Chinese side is being led by Vice Premier Liu He, while the U.S. team is being led by Trade Representative Robert ...
The trade war between the U.S. and China has been giving nightmares to businesses and governments in the emerging markets of Asia. Market experts feel that these developing countries might have to face the brunt of the global economic fallout in case both economic influencers decide to escalate the trade war. Short-term impact of the ...
The year 2018 was filled with some major events that not only shaped how the year turned out, but also laid the foundations of how the next few years will evolve. In this roundup, we look at the top 5 major events that kept hogging the headlines in 2018. US-China Trade War This might just ...
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