Beijing/Washington: The American Chamber of Commerce in China has warned that there is an atmosphere of fear, among the US companies in China, because of the import taxes imposed by President Trump and the action taken against Huawei. The American Chamber of Commerce, in its report, has said that the trade of nearly 200 US […]
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Washington: ‘The International Monetary Fund feels that the trade tensions should be resolved to the satisfaction of everyone. It assumes significance against the background of the currently raging US-China trade war, as it has threatened the global economy,’ the IMF chief Christine Lagarde warned. At the same time, she cautioned both, the United States and […]
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Washington/Brussels: Claiming that the Harley Davidson company is suffering major losses because of the taxes imposed on its motorcycles,by the European Union, President Trump threatened to initiate a trade war against the Union, in retaliation. Only two weeks ago, President Trump had warned of imposing taxes worth billions of dollars, against the European Union. This […]
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Tokyo/Beijing/Washington: The major agencies of the world have been warning that the global economy has been heading towards a recession. This recession could hit all the major economies of the world, and all the concerned countries have initiated measures to counter the threat. Japan, the third largest economy of the world has started taking rapid […]
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Beijing: Against the backdrop of repeated jolts received by the economy and the uncertainty in the trade war with the United States; China has increased its Gold purchases. The Chinese Central Bank has purchased Gold for the third successive month, taking the total official gold holdings to 1,874 Tonnes. This consistent purchase of gold by […]
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Beijing: Analysts have claimed that the challenges faced by Chinese President Xi Jinping are increasing because of the slide in the economy, trade war with the United States and the international criticism on the issues of Huawei and Xinjiang. Meeting of the ruling Communist party started on Sunday, and the parliamentary session is scheduled to […]
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Beijing/Washington: ‘China and the development of trade with it,isheading in the right direction. Soon a deal will be signed between the United States and China,’ indicated US President Trump. It has come to the fore that in the last 28 years, the performance of the Chinese economy has been the worst this year. At the […]
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Washington: While the US-China trade war intensifies, senior US Statesman Henry Kissinger has forecast the trade war would soon end. Kissinger said the United States and China would put the dispute behind them and start a new economic relationship. He made the statement while speaking at an event of the think tank, the ‘National Committee […]
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Beijing: China, successful in achieving a temporary ceasefire in the trade war with the United States, has not been able to reduce the intensity of the blow delivered by the trade war. The manufacturing Index of China has declined below 50, and this is the first time since 2016 that the index has seen such […]
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Washington: National Security Agency official Rob Joyce cautioned that the number of Chinese cyber-attacks on the United States has increased, while the trade war is intensifying and China is preparing for a more severe attack. Following Joyce, the US security agencies also have underlined the concern of the Chinese cyberattacks and have claimed that these […]
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