Beijing: German Chancellor Angela Merkel has said that although the United States may have withdrawn from the Iranian nuclear deal, Germany and China still stand firmly behind the current nuclear deal. Chancellor Merkel has just completed her China visit and as per the sources, besides the Iranian nuclear deal, she also had discussions about free […]
Read More »Berlin: Germany’s ‘Deutsche Bank’ has warned that the aggressive policies adopted by US President Donald Trump will push the world in a deep abyss of recession. Before this, the World Trade Organisation and the International Monetory Fund have also expressed concern about global recession that could trigger due to the US President’s policies. The Deutsche […]
Read More »Washington : Donald Trump, who has imposed tax on imported Steel and Aluminium has issued a fresh warning of an impending trade war. President Donald Trump warned that if the US goods were targeted in retaliation to the imposition of tax on Steel and Aluminium, then European cars will also be taxed heavily. While criticising […]
Read More »Washington/Beijing: There are indications of a trade war flaring up between US and China, the leading world financial powers. After taxing the agricultural imports from the US, China has now announced levying of tax on the chemical ‘Styrene’ being imported from the US. At the same time, President Trump has criticised the Steel and Aluminium […]
Read More »Islamabad: Pakistan has initiated the use of the Chinese currency “Yuan” in its international trade transactions. This was officially announced by the Pakistani central bank “State Bank of Pakistan” and has allowed Pakistani companies and businessmen to use Yuan in their transactions. This decision of Pakistan is considered to be a retaliation to the warning […]
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Beijing: The European Commission accused China of being a “distorted state-run economy”. China has expressed its displeasure on the Commission’s accusation and has criticised EU’s stand in this regard to be hypocritical and baseless. It is believed that the series of accusations between China and Europe would further strain the trade relations between both countries. The European […]
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Relationship between India and China is witnessing increasing stress in the last few months; be it on account of the Chinese military incursion in the Indian territory or the Doklam issue. In this context, the trade between the two countries is adversely affected. Amidst this, India has now resolved to become self sufficient in the […]
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Moscow: Russia is on its toes to fight against the sanctions put by the United States. Russia has taken an impactful step by targeting ‘US Dollar’ and making a noticeable reduction of its usage in Russian economy. Russia’s Deputy Foreign Minister Sergey Lavrov shared this information. Back in 2014 when the United Stateshad forced such […]
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Brussels / Beijing :China and Europe have indicated joining of hands for opposing the recent aggressive policy declared by the American President, Mr. Donald Trump. The annual meeting between the European Union and China has been scheduled for early this year. Both the parties have claimed that a relevant message will be conveyed to Trump […]
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