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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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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Washington: While there is an alarming increase in the Coronavirus pandemic, the United States refused to supply the necessary raw materials for the Corona vaccine. Indications are that the Biden administration is trying to corner India by adopting this policy to create blockades. On the one hand, the Biden administration claims to strengthen cooperation with […]
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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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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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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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Beijing: China has offered some concessions to avert a possible trade war with the US. The proposal includes allowing better market access for foreign investors in the China’s financial sector and lifting up the ban on US beef imports. Senior officials from both the countries ascertained this information. A ‘100-Day Plan’ has been announced to […]
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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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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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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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