Against the background of the trade war with the US, Chinese economy hit by recession

Against the background of the trade war with the US, Chinese economy hit by recession

Beijing: The claims that the Chinese economy will be the worst affected because of the trade war with the United States seem to be turning into a reality. The Chinese economy is hit by a severe recession because of the trade war triggered by US President Donald Trump. As per the Chinese agencies, the growth […]

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Chinese debt is a major risk to our economy, warns RBA governor Philip Lowe

Chinese debt is a major risk to our economy, warns RBA governor Philip Lowe

Canberra: The chief of Australia’s central bank has warned that the increasing built-up of debt in the Chinese economy, who is the biggest trade partner of Australia, can prove dangerous for both the countries. The debt to GDP ratio in the Chinese economy has risen from 100 percent to a staggering 260 percent in the […]

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US prepares to impose tax on Chinese imports worth $ 267 billion, threatens President Trump

US prepares to impose tax on Chinese imports worth $ 267 billion, threatens President Trump

Washington: US President Donald Trump has threatened to impose tax on goods worth $ 267 billion imported from China. The implementation  of imposed tax on Chinese goods worth $ 200 billion may be announced on short notice and the plan for the subsequent imposition of tax on goods worth $ 267 billion also is ready, […]

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On the background of President Xi Jinping’s announcement, the huge Chinese investment in Africa caught in a whirlwind of controversy

On the background of President Xi Jinping’s announcement, the huge Chinese investment in Africa caught in a whirlwind of controversy

Beijing: ‘It is time for the African leadership to have a brutally honest self-assessment regarding the relationship with China. Is China following the footsteps of the countries that exploited Africa before?’ Daily Nation Kenya. ‘China is 70th in the list of the Per Capita Income and millions of its citizens are still below poverty line waiting […]

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Chinese exports suffer record slump due to US-initiated trade war, admits China’s ‘National Bureau of Statistics’

Chinese exports suffer record slump due to US-initiated trade war, admits China’s ‘National Bureau of Statistics’

Beijing: The ruling Communist government in China as well as the Chinese media have consistently claimed that China will not succumb to the pressures of the trade war started by the United States. However in reality, the factors that are considered to be the backbone of the Chinese economy are seen to have been majorly […]

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US President indicates intensifying trade war, prepares to levy $200-billion tariffs on Chinese imports

US President indicates intensifying trade war, prepares to levy $200-billion tariffs on Chinese imports

Washington: US President Donald Trump has completed preparations to impose import tax on Chinese goods worth a staggering $200 billion. President Trump has already instructed the administration accordingly, and new sanctions are likely to be announced next week. International analysts claim that the indications by Trump will mark a decisive phase in the trade war […]

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The Chinese military should be loyal only to the Communist leadership, appeals President Xi Jinping

The Chinese military should be loyal only to the Communist leadership, appeals President Xi Jinping

Beijing: There were reports that the monopolistic rule of President, Xi Jinping was being shaken. President Jinping has indirectly accepted these claims recently, by appealing to the Chinese armed forces. President Jinping delivered a message that the Chinese armed forces should only be committed to the Chinese Communist Party. The appeal bears evidence to the […]

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Prime Minister Mahathir Mohammed indicates cancelling of ambitious Chinese projects in Malaysia

Prime Minister Mahathir Mohammed indicates cancelling of ambitious Chinese projects in Malaysia

Kuala Lumpur: ‘The government feels that two of the ambitious projects initiated by China in Malaysia are unnecessary . These projects don’t seem practical for Malaysia. Therefore, We may cancel these two Chinese projects,’ the Malaysian Prime Minister rocked China with these words. Prime Minister, Mahathir Mohammed has created a sensation by indicating cancellation of […]

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China will not surrender to the US blackmail, Chinese media showered criticism over US President for his claims

China will not surrender to the US blackmail, Chinese media showered criticism over US President for his claims

Beijing/Washington: Strong reactions have been received against the United States’ claims of its action of imposing taxes being successful. The claims of the US President are just empty optimism and China will not surrender before the United States’ blackmail, warned the Chinese media. As the Chinese media is controlled by the communist regime, this allegation […]

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