Washington/ Beijing: The ongoing trade war between US-China is no longer a mere threat to the global trade war crisis. The impact of this war on the economy is already visible,’ saying, so the International Monetary Fund has predicted a decline in the global economy next year by 0.8 %. For the second time in […]
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Beijing/Washington: China, refusing to retreat in the trade war against the United States, has been hit by a major decline in trade. In August, Chinese imports declined by 22%, and exports declined by 16%. Local sources informed that along with the United States, Chinese exports at the international level also have reportedly declined by 3%. […]
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New Delhi: India seems to be benefiting from the fact that China has imposed an additional 5 per cent tariffs on US crude oil coming from the United States. To avoid the excess five per cent tariffs, the Chinese consumer company had resold the oil before it reached China’s port. Also, the Indian company Bharat […]
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London/New York: Owing to the latest flare-up in the US-China trade war, gold prices have climbed considerably. On Monday, gold prices scaled up to USD 1,550 per ounce mark, setting a new record. Earlier, it was in April 2013 that gold had reached its peak. At the beginning of the month, Gold rates had crossed […]
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Paris/Washington/Tokyo: While the US-China trade war is intensifying, US President Donald Trump announced a free trade agreement with Japan. President Trump gave information regarding the free trade agreement, following the discussions with the Japanese Prime Minister Shinzo Abe, on the sidelines of the G7 summit being held in Paris. Trump claimed the agreement to be […]
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Washington/Beijing: After the warning that the loot China has carried on for many decades needed to stop, President Trump issued clear instructions to the US companies operating in China to exit from the country and relocate elsewhere. As the orders came just ahead of the imposition of tariffs on the entire range of Chinese imports, […]
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Taipei: A few weeks ago, China warned Taiwan that, its risks a military annexation, if it rejects the offer for unification with mainland China. In light of this development, to increase its military deployment, Taiwan has announced a massive increase of 8.3% in its defence spending. Taiwan has announced a 13-billion-dollardefencespending for the year 2020. […]
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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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London/New York: The intensifying trade war between the United States and China and the further flareup caused in it, because of the currency war, caused a huge leap in the Gold rates. On Wednesday, Gold reached a record level of $1,503 per ounce, in the transactions on the ‘COMEX Gold Futures’, in the United States. […]
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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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