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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Beijing: While the sale of US bonds by China in the last month was considered to be a warning shot, China has given one more shock to the United States in September. China reduced its investments in USD by 14 billion dollars. This has brought the USD share in the Chinese reserves to 1.15 trillion […]
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Singapore: It was evident at the APEC meet in Singapore that the flames of the trade war are intensifying on the international stage. Chinese President targeted the United States by talking about trade protectionism and unilateral decisions. Replying to the Chinese allegations, the US Vice President Mike Pence warned that the trade war will be […]
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Beijing: The reports of the US-China trade war affecting the manufacturing sector in China have already been published. Multinational companies have begun the process of withdrawal from China, which is known as the manufacturing hub of the world. These include companies from Japan, Taiwan and the United States. Japanese Panasonic and Taiwanese Pegatron are included […]
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Beijing: The claims that the Chinese economy will be the worst affected because of the trade war with the United States seem to be turning into a reality. The Chinese economy is hit by a severe recession because of the trade war triggered by US President Donald Trump. As per the Chinese agencies, the growth […]
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Beijing/Washington: In view of the raging trade war with the United States, China created a stir selling US bonds worth $ 3 billion. This is the third time in the last 14 years that China has unexpectedly sold US bonds. As per the media and the analysts, this is an attempt by China at firing […]
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Beijing: The jolts that the Chinese economy is facing due to the trade war started by the US President Donald Trump, seem to intensifying by the day. The Chinese central bank suddenly, through an independent statement, announced additional financial aid of USD 110 billion to the banking sector. The Chinese economists and analysts claim that […]
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Washington/Seoul: A free trade agreement boosting the import of US cars, trucks and medicine into South Korea and easing the procedures for the same, was signed on Monday. The agreement gains significance as it is the first bilateral agreement signed by President Trump, since he came to power. President Trump expressed confidence that both the […]
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Washington/Beijing: ‘China was playing a trade war against the United States for many years. The Trump administration has changed it. Many people have termed it as a trade war and the United States has ventured into it only to win. We’re going to get an outcome which forces China to behave in a way that […]
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