Australia should take a firm stand on trade issues with China, appeals US Secretary of State

Australia should take a firm stand on trade issues with China, appeals US Secretary of State

Canberra: US State Secretary warned that Australia needs to take a firm stand in the matters of trade with China, realising that the trade relations with China and the activities of the Chinese military are interlinked. Secretary of State, Pompeo, is Currently, on a visit to the Indo-Pacific and Australia is the most crucial stage […]

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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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Hong Kong people protest strongly against Chinese interference in trade

Hong Kong people protest strongly against Chinese interference in trade

Hong Kong: The discord between the Chinese government and the people of Hong Kong seems to be intensifying by the day. The people of Hong Kong who were protesting against the extradition bill since the last few days, openly expressed displeasure against the Chinese traders, on Saturday. The people of Hong Kong made an aggressive […]

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New phase of the African Free Trade Agreement starts after consent from Nigeria

New phase of the African Free Trade Agreement starts after consent from Nigeria

Niamey: Nigeria, the largest country in West Africa, has consented to join the ambitious Free Trade Agreement for the African continent. The Nigerian consent, increased the number of African countries, joining the Free Trade Agreement, to 53. At the same time, senior officials said that this makes the path smoother,for implementation of the Free Trade […]

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Giants from the technology sector withdraw from China, in view of the US-China trade war

Giants from the technology sector withdraw from China, in view of the US-China trade war

Beijing/Washington: The United States and China decided to restart trade negotiations during the G-20 summit in Japan. But it has been revealed that against the same background, the US technology giants have started withdrawing from China. As per information, companies known as the ‘Big Tech’, such as Microsoft, Amazon, Google, Dell and HP have decided […]

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China becomes aggressive following the threat by the US President, prepares for equivalent retaliation in the trade war

China becomes aggressive following the threat by the US President, prepares for equivalent retaliation in the trade war

Washington/Beijing: US President, Donald Trump has warned that if the trade talks with China, during the G-20 summit in Tokyo, are not successful, the tax will be imposed on the Chinese goods imported into the United States, worth $300 billion. China has immediately replied to the threat, issued by Trump and China has warned that […]

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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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The world economy to hit for a whopping $600 billion, due to the US-China trade war

The world economy to hit for a whopping $600 billion, due to the US-China trade war

Washington: A report published by Bloomberg, a leading financial institution in the United States revealed that the effects of the trade war between the largest and the second largest economies in the world would not be restricted only to the warring countries and the worldwide effects will become apparent. The financial institution has warned that […]

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