London/Shanghai: Last week, US President, Donald Trump threatened to tax Chinese imports worth $200 billion. Severe repercussions of this threat are being felt in the international economy and a major decline was seen in the European and Asian stock markets including China. The Chinese stock market was hit the most and the index crashed to […]
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Washington/Beijing: China will lose out about 5.5 million jobs due to the trade war initiated by US President, Donald Trump, 5.5 million Chinese jobs will be lost, was the sensational claim made by the economists at JP Morgan Chase. Since the last two months, reports of partial collapses in the Chinese economy were being received […]
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Moscow: Russian President Vladimir Putin’s decision to raise the retirement age has received strong reactions from the youth in Russia. The youth and the citizens participated in strong protests in St. Petersburg and other cities including the capital Moscow and the Russian agencies have taken aggressive action to break the protests. As per the information […]
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Tehran: Despite harsh sanctions imposed by the United States, Iran is firm on its nuclear program and has now started threatening the United States and Israel. Iran announced activation of the advanced centrifuge in the Natanz nuclear project and claimed that the strength of the Iranian nuclear program has been augmented. Iran threatened that if […]
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Beijing: Zambia is on the verge of becoming the first victim to the Chinese ambition of acquiring the property, infrastructure and natural resources by tightening the noose of huge debts. The Chinese decisions to acquire the Gwadar port in Pakistan and Hambantota port in Sri Lanka against huge loans came under severe criticism from the […]
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Beijing: US President, Donald Trump recently announced imposition of taxes on Chinese imports worth $267 billion. China seems to have panicked after this announcement. Therefore, China has organised a meeting of top executives from the US banking and finance sector. The meeting is scheduled to be held on the 16th of September in Beijing and […]
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Ankara: Accusing US President Donald Trump of using sanctions and taxes to destruct the economies of other countries, Turkey has appealed them to unite against the United States. Turkish Finance Minister, Berat Albayrak had made this appeal in his article published on a website. The sanctions imposed on Turkey by the United States in the […]
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Washington: US President Donald Trump has threatened to impose tax on goods worth $ 267 billion imported from China. The implementation of imposed tax on Chinese goods worth $ 200 billion may be announced on short notice and the plan for the subsequent imposition of tax on goods worth $ 267 billion also is ready, […]
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Beijing/Washington: A Canadian financial expert and analyst has said that China will end the dominance of the US Dollar on the back of its gold reserve of 20000 tonnes. China’s economy is feeling the heat of the ongoing trade war with the US and therefore, China might take this aggressive step to defeat the US, […]
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Beijing: ‘It is time for the African leadership to have a brutally honest self-assessment regarding the relationship with China. Is China following the footsteps of the countries that exploited Africa before?’ Daily Nation Kenya. ‘China is 70th in the list of the Per Capita Income and millions of its citizens are still below poverty line waiting […]
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