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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China makes provision for $110 billion to face the trade war with US

China makes provision for $110 billion to face the trade war with US

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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Against the background of the trade war with China and Europe, US and South Korea sign a fresh free trade agreement

Against the background of the trade war with China and Europe, US and South Korea sign a fresh free trade agreement

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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US will certainly win the trade war with China, asserts US Secretary of State, Mike Pompeo

US will certainly win the trade war with China, asserts US Secretary of State, Mike Pompeo

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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US still has several ‘bullets’ left to use in the trade war; President Trump warns China

US still has several ‘bullets’ left to use in the trade war;  President Trump warns China

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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China is ‘out of bullets’ in the trade war with the US, retorts US Secretary of Commerce

China is ‘out of bullets’ in the trade war with the US, retorts US Secretary of Commerce

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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Trade war escalates as Trump announces 10% tax on Chinese imports of $ 200 billion, China warns of retaliation

Trade war escalates as Trump announces 10% tax on Chinese imports of $ 200 billion, China warns of retaliation

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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China will lose 5.5 million jobs due to the trade war with the US, claim economists

China will lose 5.5 million jobs due to the trade war with the US, claim economists

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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While the trade war is raging; China will hold discussions with the US investors

While the trade war is raging; China will hold discussions with the US investors

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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