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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Washington/Canberra: The trade war between the United States and China has flared up further, following the announcement by the US President, to tax the entire imports of Chinese goods. Against this background, discussions have started of China using the Nuclear option against the United States, which includes the US bonds and Rare Earth Minerals. Given […]
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Washington/Beijing: Due to the trade war initiated by US President Trump, the Chinese economy is on the verge of decline, and if further burdened with taxes, it would collapse in the year 2020. A report published by the International Monetary Fund (IMF) regarding China, warns that the Chinese economy can decline by 0.8%, under the […]
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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 […]
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Beijing: The Chinese mouthpiece ‘Global Times’ remarked that India should not use China, as an excuse, for increasing its defence preparedness. The Indian media have claimed that India is expanding its level of defence preparedness as the threat following the Chinese naval deployment in the Indian Ocean has increased. However, the Chinese mouthpiece clarified that […]
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Washington/Beijing: Senior Congressman, Mark Warner, claimed ‘The Chinese intelligence agencies are threatening families in China itself. The threat issued is that be aware of your son or daughter studying in the United States does not come back or does not get any confidential or important information while returning, your whole family is under threat.’ The […]
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Beijing/Washington: The American Chamber of Commerce in China has warned that there is an atmosphere of fear, among the US companies in China, because of the import taxes imposed by President Trump and the action taken against Huawei. The American Chamber of Commerce, in its report, has said that the trade of nearly 200 US […]
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Beijing/Washington: China has fuelled the trade war further by imposing taxes on US goods worth $60 billion. Coming close on the heels of the Chinese announcement, global stock market dipped, and it’s currency Yuan hit a four-month low. Reacting ferociously to Chinese taxes, President Donald Trump ranted that he would not let the United States […]
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Washington: US President Donald Trump issued a formidable threat that if China does not sign a trade agreement now, it will face dire consequences from the year 2020. Intense repercussions of the threat issued by Trump were felt in China, and the stock markets and currency recorded a massive crash. While the effects of the […]
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Washington/Beijing: US warships carried out patrolling near the Spratly Islands which China claims to be its territory. The US Navy announced that this patrolling was to underline the international rights whereas China has fired a salvo of criticism at the United States saying that the US warships, intruding into the Chinese marine region without permission, […]
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