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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Beijing: The jolts that the Chinese economy is facing due to the trade war started by the US President Donald Trump, seem to intensifying by the day. The Chinese central bank suddenly, through an independent statement, announced additional financial aid of USD 110 billion to the banking sector. The Chinese economists and analysts claim that […]
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Washington/Seoul: A free trade agreement boosting the import of US cars, trucks and medicine into South Korea and easing the procedures for the same, was signed on Monday. The agreement gains significance as it is the first bilateral agreement signed by President Trump, since he came to power. President Trump expressed confidence that both the […]
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New York: ‘The drugs trade is connected with ‘Organised Crime’, ‘Black Money’, ‘Corruption’ and ‘Terrorism’. The drugs trade is a major threat to public health and national security. Therefore, all the countries in the world should unite against the drug trade,’ appealed US President Donald Trump. 129 countries in the world have given positive reactions […]
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Washington/Beijing: ‘China was playing a trade war against the United States for many years. The Trump administration has changed it. Many people have termed it as a trade war and the United States has ventured into it only to win. We’re going to get an outcome which forces China to behave in a way that […]
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Washington/Beijing: ‘The United States will be imposing 25% tax on the Chinese imports worth $200 billion. If China retaliates we will take a bigger action. The US has more bullets than China for the trade war,’ was the stern warning issued by President Trump. US Secretary of Commerce, Wilbur Ross had recently retorted that China […]
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Washington: ‘The value of Chinese goods imported into the United States are almost four times the United States’ exports to China. Therefore, by now, China is out of bullets in the trade war,’ was the pointed remark made by the US Secretary of Commerce. China has announced the imposition of tax on US imports worth […]
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Washington/Beijing: As China has still not acceded to the United States’ urge for fair and reciprocal treatment in trade, US President Donald Trump announced imposition of 10% tax on Chinese imports worth $ 200 billion. At the same time, President Trump has warned that if China retaliated against this tax, another $ 267 billion worth […]
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Washington/Beijing: China will lose out about 5.5 million jobs due to the trade war initiated by US President, Donald Trump, 5.5 million Chinese jobs will be lost, was the sensational claim made by the economists at JP Morgan Chase. Since the last two months, reports of partial collapses in the Chinese economy were being received […]
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Beijing: US President, Donald Trump recently announced imposition of taxes on Chinese imports worth $267 billion. China seems to have panicked after this announcement. Therefore, China has organised a meeting of top executives from the US banking and finance sector. The meeting is scheduled to be held on the 16th of September in Beijing and […]
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