US’ gift to the new Indian government; omitting India from the Currency Manipulator list

US’ gift to the new Indian government; omitting India from the Currency Manipulator list

Washington: The US State Department has expressed confidence that the Indo-US relations will reach new heights with Prime Minister, Narendra Modi at the helm of affairs, in India. As the same time, the United States has taken an effective decision to omit India from the ‘Currency Manipulator’ list. Only three days ago, the United States […]

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The US to impose more taxes on China, a ‘Currency Manipulator’, proposes US Trade department

The US to impose more taxes on China, a ‘Currency Manipulator’, proposes US Trade department

Washington: The United States has been preparing to corner China on the currency issue, after targeting it through the trade war. The US trade department has proposed the imposition of tax on countries controlling the value of their currencies. The list will include countries like India, Australia, Germany, Switzerland, Japan, South Korea, along with China, […]

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Chinese economy will be severely hit because of the taxes imposed by President Trump, IMF warns a decline of 0.8% in 2020

Chinese economy will be severely hit because of the taxes imposed by President Trump, IMF warns a decline of 0.8% in 2020

Washington/Beijing:  Due to the trade war initiated by US President Trump, the Chinese economy is on the verge of decline, and if further burdened with taxes, it would collapse in the year 2020. A report published by the International Monetary Fund (IMF) regarding China, warns that the Chinese economy can decline by 0.8%, under the […]

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China devalues ‘Yuan’ given the trade war, warns the US

China devalues ‘Yuan’ given the trade war, warns the US

Beijing/Washington: China has devalued its currency, Yuan, to seven Yuan to a USD, at a time when the trade war is intensifying. While announcing this devaluation, the Chinese central bank mentioned the taxes imposed by the United States, unilateral decisions and protective trade policies of the United States. Therefore, this devaluation is believed to be […]

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Shadows of global recession darken further, against the background of decline in manufacturing sector and US-China trade war

Shadows of global recession darken further, against the background of decline in manufacturing sector and US-China trade war

Washington/London: The trade war between the United States and China is intensifying by the day, and even the global investors and big corporates have not been able to asses the effects properly. The economists have claimed that over the last few months, the manufacturing sector in Europe as well as Asia, is taking a major […]

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Europe and China join hands to oppose Trump’s “America First”

Europe and China join hands to oppose Trump’s “America First”

Brussels / Beijing :China and Europe have indicated joining of hands for opposing the recent aggressive policy declared by the American President, Mr. Donald Trump. The annual meeting between the European Union and China has been scheduled for early this year. Both the parties have claimed that a relevant message will be conveyed to Trump […]

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China and US on brink of Trade War claim analysts and media

China and US on brink of Trade War claim analysts and media

Beijing/Washington: With the US President-elect Donald Trump’s swearing-in ceremony approaching, analysts and the media have expressed that the possibility of a trade war between the two countries has increased. The events that have taken place in the last one and a half month after Donald Trump’s victory, are believed to have lead the two nations […]

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China restless due to Yuan’s decline, indicative of restriction on foreign investment

China restless due to Yuan’s decline, indicative of restriction on foreign investment

Beijing: The results of recent elections in the United States has begun affecting the Chinese economy and the Chinese Yuan is beginning to decline. Within two weeks following Donald Trump’s victory, the Chinese Yuan is getting extremely devalued. Currently the Yuan has sunk to a eight and half year low against the US dollar. To […]

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China warns of protecting its trade rights if Trump Presidency implements tariff threats

China warns of protecting its trade rights if Trump Presidency implements tariff threats

Washington / Beijing : Donald Trump, after ascending to the Presidency, would be thoroughly informed about rules of World Trade Organisation (WTO) hoped China’s Trade Representative. But if required, China too would exercise its powers as the member of WTO, warned China’s Deputy International Trade Representative Zhang Xiangchen. This is the second time that China has […]

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