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 […]
Beijing: A Chinese economist and analyst, has made a dramatic statement saying that it was possible to sever the economic and trade ties, between the two leading economies of the world, the United States and China. The Chinese economist has drawn the world’s attention with the statement, just as the trade war US President Donald […]
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 […]
Beijing: The Global Times claimed that China would fight the trade war till the end saying ‘China will never be scared of the US threats and pressures. The US activities are only increasing economic and trade tensions. China has no other option or loophole, and China will fight the trade war until the very end. […]
Washington/Brussels: The International Monetary Fund (IMF) has warned of a major slide in the European economy owing to the trade war at the international level, No Deal Brexit and the increasing debt burden on countries like Italy. The IMF, issuing this warning, in its report released on Thursday, has pointed out that the growth rates […]
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 […]
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 […]
Washington: US President Trump announced a decision to target the duty-free imports of Indian goods worth $5.6 billion. It is apparent that the trade dispute between these two countries is on the rise. It is reported that US Secretary of State Mike Pompeo will be visiting India, in view of this. The US State Department […]
Montreux: The annual meeting of Bilderberg, considered to be the most powerful group in the world started at Montreux in Switzerland. The meeting, which began on Thursday is being attended by 130 influential delegates from 3 countries, including senior US Statesman Henry Kissinger, President Trump’s advisor and son-in-law Jarred Kushner and former CIA chief David […]
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 […]