Tokyo: The Japanese economy has sustained a massive blow due to the raging US-China trade war, with a 2.5% decrease seen in growth rate during the quarter of July-September. It is said that this is the biggest downslide since 2014. Analysts claim that the indications of a global recession have further strengthened due to this […]
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Buenos Aires: The US-China trade war that has rocked the world economy since the last six months seems to have taken a temporary break. A decision to that effect was taken in the meeting between US President Trump and Chinese President Jinping against the backdrop of the G-20 summit in Argentina. According to this decision, […]
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Washington/London: US President Donald Trump fired a salvo of criticism at the current Brexit agreement saying, ‘The draft of the Brexit agreement approved to be signed between the United Kingdom and European Union seems to be largely beneficial for the European Union. If this agreement is signed in its current form, the United Kingdom may […]
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Beijing: While the sale of US bonds by China in the last month was considered to be a warning shot, China has given one more shock to the United States in September. China reduced its investments in USD by 14 billion dollars. This has brought the USD share in the Chinese reserves to 1.15 trillion […]
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Singapore: It was evident at the APEC meet in Singapore that the flames of the trade war are intensifying on the international stage. Chinese President targeted the United States by talking about trade protectionism and unilateral decisions. Replying to the Chinese allegations, the US Vice President Mike Pence warned that the trade war will be […]
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Washington: Cecilia Malmstrom, the European Commissioner for Trade issued a stern warning to the United States, ‘If US President Donald Trump imposes taxes on European cars, Europe will retaliate with equivalent taxes. Europe will try to maintain the trade balance by targeting various US sectors. We are ready with the list of US goods and […]
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Washington/Beijing: US Attorney General Jeff Sessions lashed out against China in stern words while announcing the new action against the Chinese trade malpractices ‘China which is a developed country, has to decide whether it wants to be known as a trusted partner at the international level or as a corrupt government run on scams, thefts […]
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Beijing: The reports of the US-China trade war affecting the manufacturing sector in China have already been published. Multinational companies have begun the process of withdrawal from China, which is known as the manufacturing hub of the world. These include companies from Japan, Taiwan and the United States. Japanese Panasonic and Taiwanese Pegatron are included […]
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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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Beijing/Washington: In view of the raging trade war with the United States, China created a stir selling US bonds worth $ 3 billion. This is the third time in the last 14 years that China has unexpectedly sold US bonds. As per the media and the analysts, this is an attempt by China at firing […]
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