Beijing/Washington: Last month, the Chinese government had announced a drop of 6.2% in the Chinese GDP growth. However, the US media claimed that the statistics were misleading, and the GDP fall was more than the published figure. In the past, China was revealed to overplayed economic growth figures, which it is repeating, as per an […]
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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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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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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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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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Taipei/Washington/Beijing: Taiwan has placed a demand for 66 fighter jets with the United States, given the increasing Chinese military movements. A senior US defence official has accepted the request, stating the military cooperation with Taiwan of being a part of the Trump Administration’s policy. Therefore, China upset with the report has cautioned the United States […]
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Tokyo: A leading Japanese newspaper has claimed that the United States has jeopardised the Japanese security by withdrawing from the historic Intermediate-range Nuclear Forces (INF) treaty with Russia. The United States can, in the next few months, increase the deployment of missiles in the Pacific Ocean. The newspaper claimed that in such a scenario, the […]
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Tokyo: The Japanese economy has sustained a massive blow due to the raging US-China trade war, with a 2.5% decrease seen in growth rate during the quarter of July-September. It is said that this is the biggest downslide since 2014. Analysts claim that the indications of a global recession have further strengthened due to this […]
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Buenos Aires: The US-China trade war that has rocked the world economy since the last six months seems to have taken a temporary break. A decision to that effect was taken in the meeting between US President Trump and Chinese President Jinping against the backdrop of the G-20 summit in Argentina. According to this decision, […]
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