China Trade Talks “going very well”, Extend to 3rd Day

China Trade Talks “going very well”, Extend to 3rd Day

President Trump expressed optimism that US-China trade talks in Beijing are progressing well. Chinese authorities to give a statement following the latest round of negotiations. “Talks with China are going very well!” President Trump tweeted on Tuesday as the 2nd day of mid-level meetings wrapped up. While the hosts indicated the talks would run Monday and Tuesday, […]

US China Trade Talks

US officials entered a second day of trade talks with Chinese counterparts in Beijing on Tuesday, overshadowed by an unannounced visit from North Korean leader Kim Jong Un. This is the first time the two sides have met face-to-face since US President Donald Trump and President Xi Jinping agreed to a tariff truce during a […]

US-China Trade Talks Progressing, President Trump Optimistic

US-China Trade Talks Progressing, President Trump Optimistic

President Trump is expressing optimism about trade negotiations with China as US officials are expected in Beijing for talks aimed at easing a trade dispute. President Trump spoke recently to Chinese President Xi Jinping Sunday, saying: “I really believe they want to make a deal. The tariffs have absolutely hurt China very badly.” After several […]

US China Trade Deal Close

US China Trade Deal Close

President Donald Trump said Friday he is confident Washington and Beijing will reach a deal to bring to a close the months-long trade dispute that has roiled global financial markets. “I think we will make a deal with China,” Trump said at the White House, and noted that talks are underway with China “at the […]

President Xi’s New Year Speech Rallies the Nation

President Xi’s New Year Speech Rallies the Nation

China’s President Xi Jinping delivered a New Year speech Monday evening, calling on the whole nation to strive for “an unprecedented and great cause” in Y 2019, the 70th anni of the founding of the People’s Republic of China. Chinese people, who are self-reliant, hardworking and enterprising, have created a China miracle recognized by the […]

NKorea’s Kim Says He’s Ready for More Talks with President Trump

NKorea’s Kim Says He’s Ready for More Talks with President Trump

NKorea’s leader Kim Jong Un said Tuesday he want to extend his Summitry with President Trump into Y 2019. During his televised New Year’s speech, Chairman Kim said he is ready to meet with President Trump at any time to produce an outcome “welcomed by the international community.” He told his countrymen that the North […]

President Trump: “China Wants to Make Deal With US”

President Trump: “China Wants to Make Deal With US”

President Donald Trump, saying China admits the trade war with the U.S. has taken a toll on its economy, announced the Chinese now want to make a major deal with the White House. President Trump’s comments came in a Friday Tweet. He wrote: “China just announced that their economy is growing much slower than anticipated because […]

Canada has Damaged their Relationship with China

Canada has Damaged their Relationship with China

The arrest of a top Chinese tech executive at the request of the US has snared Canada in the middle of a major international dispute involving Beijing and Washington. Ottawa confirmed on Thursday that China had detained two Canadian nationals under what Beijing has said is suspicion of threatening its national security. That came nearly […]

“Do Not Get ‘Hung Up’ in Daily News From of China”

“Do Not Get ‘Hung Up’ in Daily News From of China”

Thursday, the White House National Trade Council Director Peter Navarro urged people not to get “hung up” in the day-to-day news of what China says it plans to do, following reports the country is preparing a new policy that will promise greater access for foreign countries. “I would focus on March 1, when we’ll have […]

Hong Kong Economic Outlook Positive

Hong Kong Economic Outlook Positive

The Hong Kong Trade Development Council (HKTDC) today published its annual export forecast, saying it expects Hong Kong exports to increase 5% in value and 3% in volume in 2019. Meanwhile, the latest HKTDC Export Index for the fourth quarter of 2018, also published today, edged down slightly on the previous quarter, showing that exporters […]

President Trump: “Important Announcements on China Coming”

President Trump: “Important Announcements on China Coming”

$DIA, $SPY, $QQQ After a Twitter monologue about the border Wall Tuesday morning, President Donald Trump offered hints of good news about US negotiations with China.  “Very productive conversations going on with China! Watch for some important announcements! The trade truce between Presidents Trump and Xi will halt pause 1 January planned tariffs, with large […]

US, China Map the Path to Trade Dispute Resolution

US, China Map the Path to Trade Dispute Resolution

 China and the United States discussed the road map for the next stage of their trade talks early Tuesday, during a telephone call between Vice Premier Liu He and US Treasury Secretary Steven Mnuchin and Trade Representative Robert Lighthizer. This month in Argentina, Presidents Trump and Xi agreed to a truce that delayed the planned […]

Apple iPhone Sales will Suffer After China Ruling

Apple iPhone Sales will Suffer After China Ruling

A Chinese court ordered a ban in the country on iPhone sales in a patent dispute between US chipmaker Qualcomm and Apple, according to a Qualcomm statement Monday. The statement said the Fuzhou Intermediate People’s Court had granted Qualcomm’s request for two preliminary injunctions against four subsidiaries of Apple, ordering them to immediately to stop […]

China, “US Should Withdraw Arrest Warrant for Huawei CFO Meng Wanzhou

China, “US Should Withdraw Arrest Warrant for Huawei CFO Meng Wanzhou

Chinese Vice Foreign Minister Le Yucheng told US  Ambassador Terry Branstad that the United States has made an “unreasonable demand” on Canada to detain Ms. Meng while she was passing through Vancouver, China’s Foreign Ministry said. “The actions of the US seriously violated the lawful and legitimate rights of the Chinese citizen, and by their […]

Canada The Loser in Huawei Case

Canada The Loser in Huawei Case

China on Saturday summoned the Canadian ambassador over the “unconscionable and vile” detention of telecom giant Huawei’s chief financial officer in Vancouver, state media reported, in Beijing’s latest angry response to the hot-button case. Meng Wanzhou has been held since December 1 in Canada on an American extradition request and faces US fraud charges related […]

China Economic Update

China Economic Update

China’s trade surplus with the United States ballooned to a record $35.6 billion in November, official data showed Saturday, as exports across the Pacific remained strong despite a raft of US tariffs while imports shrank. Relations between the world’s top two economies continue to be tense despite a trade war truce struck between US President […]

China Feels the Pain as Exports, Imports Shrink, Markets Collapse

China Feels the Pain as Exports, Imports Shrink, Markets Collapse

China Feels the Pain as Exports, Imports Shrink, Markets Collapse $SOY, $USD, $UNG China has reported weaker than expected November exports and imports, showing slower global and domestic demand and raising the likelihood that more measures to keep the country’s growth rate from slipping too much will be put in place. November exports only rose […]

$5-B in Tariffs Collected in October From US-China Trade Dispute

$5-B in Tariffs Collected in October From US-China Trade Dispute

$5-B in Tariffs Collected in October From US-China Trade Dispute On Thursday and again on Friday, President Trump Tweeted that talks with China are going well. According to the data, the tariffs which are often paid by importers, who then pass the added costs onto companies to whom the products belong are may fall on the shoulders of […]

Huawei Issue Will Not Harm US Trade Talks With China

Huawei Issue Will Not Harm US Trade Talks With China

Huawei Issue Will Not Harm US Trade Talks With China Huawei CFO Meng Wanzhou bail hearing underway in Vancouver The White House economic adviser Larry Kudlow said Friday that he does not see the controversy surrounding China’s Huawei Technologies Co. Ltd. (a private company) spilling into the trade talks between the United States and China. […]

China Confident it Can Make President Trump’s Trade Deal

China Confident it Can Make President Trump’s Trade Deal

China Confident it Can Make President Trump’s Trade Deal $USO, $SOY, $UNG Wednesday, China expressed confidence that it can reach a trade deal with the United States. The remarks by the Chinese Commerce Ministry from Beijing followed Presidents Trump and Xi declaring a truce in the trade dispute at a meeting in Argentina Saturday evening. […]

China Working to Resolve Trade Differences ‘Quickly’

China Working to Resolve Trade Differences ‘Quickly’

China Working to Resolve Trade Differences ‘Quickly’ China is confidence that it can reach a trade deal with the United States very timely. Tuesday, US President Donald Trump warned that he would revert to more tariffs if the 2 sides cannot resolve their differences within the time frame set out Saturday. The Chinese Commerce Ministry […]

White House Hails China Trade Truce

White House Hails China Trade Truce

White House Hails China Trade Truce The Trump Administration is celebrating the 90-day truce it reached in its trade dispute with China as a significant breakthrough despite some skepticism that Beijing will yield to US demands anytime soon. “This is just an enormous, enormous event,” Larry Kudlow, President Donald Trump’s Top economic adviser, said of […]

Victory for Trump as China Moves on IP Cheats

Victory for Trump as China Moves on IP Cheats

China announced Tuesday stiffer punishments for serious infringers of intellectual property — including barring them from buying real estate or going on expensive holidays — as Washington clamours for action on the issue following a trade war truce. The National Development and Reform Commission, China’s state planner, along with 37 government departments, released a joint […]

President Trump Expects China to Act Immediately on Trade Issues, the Details

President Trump Expects China to Act Immediately on Trade Issues, the Details

President Trump Expects China to Act Immediately on Trade Issues, the Details The Trump Administration expects immediate action by China on trade issues after a deal reached by the countries’ leaders, including lower tariffs on automobiles and measures against intellectual property theft and forced technology transfers, a White House official said Monday. US President Donald […]

US China Trade War Eases: Buy these Stocks

US China Trade War Eases: Buy these Stocks

US President Donald Trump boasted Monday that US relations have taken a “BIG leap forward” with his meeting in Argentina with President Xi Jinping. “Very good things will happen. We are dealing from great strength, but China likewise has much to gain if and when a deal is completed. Level the field!” he said in […]

President Trump, “My relationship with President Xi is very special”

President Trump, “My relationship with President Xi is very special”

President Trump, “My relationship with President Xi is very special.” The Results so far of that Special Relationship President Donald Trump and Chinese President Xi Jinping agreed to keep their trade dispute from escalating with a promise to halt the imposition of new tariffs for 90 days as the world’s 2 largest economies negotiate a […]

Presidents Donald Trump and Xi Jinping Agree to Trade Truce + Removal of Tariffs

Presidents Donald Trump and Xi Jinping Agree to Trade Truce + Removal of Tariffs

Presidents Donald Trump and Xi Jinping Agree to Trade Truce + Removal of Tariffs US President Donald Trump and Chinese President Xi Jinping agree to a trade truce in their dinner meeting Saturday Deal includes no trade tariffs after 1 January 2019 US President Donald Trump and Chinese President Xi Jinping, reached a trade war […]

US China Trade Talks Move to G20

US China Trade Talks Move to G20

US President Donald Trump jets into Argentina on Thursday for a G20 summit, keen to do battle with China on trade and sharpening his rhetoric against Russia over Ukraine. The weekend summit is confronted with increasingly dire warnings, by the International Monetary Fund among others, of the potential harm faced by the world economy from […]

President Trump is Open to China Trade Deal Despite Impending Tariffs

President Trump is Open to China Trade Deal Despite Impending Tariffs

President Trump is Open to China Trade Deal Despite Impending Tariffs President Donald Trump is open to reaching a deal on US-China trade disputes  over dinner on Saturday with Chinese leader Xi Jinping in Argentina. However, President Trump is ready to hike tariffs on Chinese imports if there is no breakthrough As of Tuesday we […]

China and Twitter

China and Twitter

Despite being blocked in China, Twitter and other overseas social media sites have long been used freely by activists and government critics to address subjects that are censored on domestic forums — until now. As Beijing presses a campaign to throttle any remaining voices that stray from the Communist Party narrative, it is extending its […]

US China Trade Talks Back On

US China Trade Talks Back On

US China Trade Talks Back On President Donald Trump’s top economic adviser said Tuesday that the United States was talking again with China on trade, calling it a “very positive” development. “Right now we’re having communications at all levels of the US and Chinese governments,” National Economic Council Director Larry Kudlow said in a TV […]

China Backed Trade Coming in 2019

China Backed Trade Coming in 2019

A China-backed bid to complete the world’s largest trade deal — without the United States — was pushed back to next year after Asia-Pacific trade ministers failed to agree key terms at a Singapore summit. The Regional Comprehensive Economic Partnership (RCEP), covering half the world’s population, is billed as an antidote to Donald Trump’s “America […]

President Trump, “I Think We’ll Make a Deal With China on Trade”

President Trump, “I Think We’ll Make a Deal With China on Trade”

President Trump, “I Think We’ll Make a Deal With China on Trade” US  President Donald Trump said Friday that he will likely make a deal with China on trade, adding that a lot of progress had been made to resolve the 2 countries’ differences but warning that he still may impose more tariffs on Chinese […]

President’s Trump, Xi Talk, Align, Trade Outlook Positive

President’s Trump, Xi Talk, Align, Trade Outlook Positive

President’s Trump, Xi Talk, Align, Trade Outlook Positive US President Donald Trump and Chinese President Xi Jinping both expressed optimism Thursday about resolving their trade disputes ahead of a meeting planned at the end of November in Argentina. President Trump said in a Tweet that trade discussions with China were “moving along nicely” and that he planned […]

China Winning the Currency War

China Winning the Currency War

The People’s Bank of China has reportedly let the renminbi slip to a 10-year low against the dollar on Tuesday. A cheaper yuan helps Chinese products mitigate the losses from US import tariffs imposed by President Trump. The official yuan exchange rate was fixed at 6.9574 per dollar on Tuesday, 0.28 percent weaker than the […]

 More Tariffs in Store for China if President Trump’s Meeting with President Xi Fails in November

 More Tariffs in Store for China if President Trump’s Meeting with President Xi Fails in November

More Tariffs in Store for China if President Trump’s Meeting with President Xi Fails in November $DIA, $SPY, $QQQ, $RUTX, $VXX The United States is preparing to announce tariffs on all remaining Chinese imports by early December if talks next month between presidents Donald Trump and Xi Jinping fail to ease the trade dispute. The […]

Presidents Trump and Xi Set to Meet at G-20 in Argentina on Trade Issues

Presidents Trump and Xi Set to Meet at G-20 in Argentina on Trade Issues

Presidents Trump and Xi Set to Meet at G-20 in Argentina on Trade Issues US President Donald Trump and Chinese President Xi Jinping will meet at the Group of 20 nations Summit in Buenos Aires, Argentina to discuss the trade dispute between the two countries in late November. White House economic advisor, Larry Kudlow, told […]

China Has Not Responded Positively to US on Trade

China Has Not Responded Positively to US on Trade

China Has Not Responded Positively to US on Trade Beijing’s trade practices make them an unreliable negotiating partner. White House economic adviser Larry Kudlow hammered China’s lack of cooperation in the US attempt to forge a trade deal. “They are unfair traders. They are illegal traders. They have stolen our intellectual property,” Mr. Kudlow said […]

Trade Wars and the Fed Dampen Mood in Asia

Trade Wars and the Fed Dampen Mood in Asia

The trade spat between the world’s two largest economies — China and the United States — is imperiling the entire Asia-Pacific, regional finance ministers have warned. In a statement, finance ministers meeting in Port Moresby said risks to the global economy had increased thanks to “heightened trade and geopolitical tensions”, a veiled reference to the […]

China Feels America’s Wrath

China Feels America’s Wrath

China’s growth downshifted in the third quarter as investment slowed and the widening trade conflict with the United States weighed on sentiment, according to analysts surveyed by AFP. The world’s second largest economy expanded by 6.5 percent in the July to September period, the poll of 12 economists found ahead of the official release of […]

President Trump Warns China, “Another round of tariffs coming.”

President Trump Warns China, “Another round of tariffs coming.”

President Trump Warns China, “Another round of tariffs coming.” US President Donald Trump threatened to impose another round of tariffs on China and warned that Chinese meddling in US politics is a “bigger problem” than Russian involvement in the 2016 Election. Asked in a TV interview whether he wants to push China’s economy into a […]

Tensions Ease in Trade War

Tensions Ease in Trade War

China’s central bank governor Sunday sought to cool the temperature on a brewing trade-and-currency war with the United States, calling for “constructive solutions” as the spat threatens to knock the world economy. Speaking on the last day of the IMF-World Bank annual meetings in Bali, Yi Gang warned that the stakes could hardly be higher […]

Trade War Latest

Trade War Latest

China’s trade surplus with the United States ballooned to a record $34.1 billion in September despite a raft of US tariffs, official data showed Friday, adding fuel to the spiraling trade war. China’s exports to the US rose to $46.7 billion while imports slumped to $12.6 billion, according to the customs administration. The world’s top […]

China Seeks to Stimulate Economy

China Seeks to Stimulate Economy

China’s central bank announced Sunday it would reduce the reserve requirement ratio (RRR) for most banks by one percentage point, the fourth time this year the country has sought to free up credit for businesses as they face down $250 billion in US tariffs. The move to cut the amount of cash which most commercial […]

Trade War Hits Oil as China Dumps USA

Trade War Hits Oil as China Dumps USA

Trade War Hits Oil as China Dumps USA America’s second-largest oil client, China, has completely stopped buying crude from the United States as trade tensions between the world’s two largest economies continue to grow. While oil has not been included on the list of bilateral tariffs, Chinese refiners have been staying away from buying crude […]

US China Trade War Continues

US China Trade War Continues

US China Trade War Continues Even as he announced a new trade deal with Canada and Mexico on Monday, US President Donald Trump again went after China, making it clear a truce with Beijing was unlikely to come soon. Trump told reporters China wanted to open negotiations but “frankly, it’s too early to talk.” With […]

China Seeks a ‘Peaceful Path’ to Resolve Trade Issues

China Seeks a ‘Peaceful Path’ to Resolve Trade Issues

China Seeks a ‘Peaceful Path’ to Resolve Trade Issues Friday, China warned that its critical relationship with the United States could break “like a glass,” and used the most global of stages to warn The Trump Administration it will not be pushed around on trade. Foreign Minister Wang Yi insisted that his country “will not […]

China Stocks Opening to Foreign Investors

China Stocks Opening to Foreign Investors

Chinese stocks will be added to a key benchmark run by a unit of the London Stock Exchange Group next year, further opening up mainland equities to international investors. FTSE Russell said that upon completion of an initial phase next June, yuan-denominated shares will make up around 5.5 percent of the FTSE Emerging Index. US-based […]

President Trump ‘Talks Tough’ and the Whole World Listens

President Trump ‘Talks Tough’ and the Whole World Listens

President Trump ‘Talks Tough’ and the Whole World Listens The “whole world” is listening to President Donald Trump’s tough talk on Iran, and there are many Middle Eastern countries who fully support his decision on sanctions, Rep. Lee Zeldin, (R-NY) said Wednesday. “They don’t want to see Iran have a nuclear weapon,” Mr. Zeldin said […]

China’s Trade Policy Change “Not Going to Be Easy”

China’s Trade Policy Change “Not Going to Be Easy”

China’s Trade Policy Change “Not Going to Be Easy” Tuesday, US President Donald Trump’s top trade official said that changing China’s economic policies to become more market-oriented “is not going to be easy” even with tariffs now in place on $250-B worth of Chinese goods. US Trade Representative Robert Lighthizer, in rare public remarks at […]

Trade War Dampens Asian Trading

Trade War Dampens Asian Trading

Asian markets were mixed Tuesday following the latest tit-for-tat tariffs in the China-US trade row, while investors are now looking ahead to the Federal Reserve’s next policy meeting. While the levies had been widely expected, there are concerns about how long the spat will go on for after China cancelled planned talks between the two […]

China Refuse Trade Talks

China Refuse Trade Talks

China said on Tuesday it was impossible to hold trade talks with the United States while Washington is imposing tariffs that are like “holding a knife to someone’s throat”. Speaking a day after Washington activated tariffs on $200 billion in Chinese goods, vice commerce minister Wang Shouwen said China is open to negotiations but that […]

Oil Prices and Trade Wars

Oil Prices and Trade Wars

Brent oil soared Monday close to $81, reaching the highest level since November 2014 after OPEC and other global producers snubbed pressure from US President Donald Trump to dampen prices. At 0840 GMT, Brent North Sea crude for delivery in November soared to a peak of $80.94 per barrel. That was the highest level since […]

Trade War Latest News

Trade War Latest News

Donald Trump’s tariffs on another $200 billion of Chinese imports took effect Monday, with Beijing accusing Washington of “economic intimidation” as the standoff between the world’s top two economies clouds the global outlook. The latest volley against Beijing brings the amount of goods hit by duties to more than $250 billion, roughly half China’s US […]

President Trump Sees Gain From China Tariffs as Worth US Pain

President Trump Sees Gain From China Tariffs as Worth US Pain

President Trump Sees Gain From China Tariffs as Worth US Pain The Trump Administration said it needs to confront China over its trading practices to defend US long-term interests even as escalating tariffs may cause discomfort for American consumers. Inaction by the US would leave the American economy and consumers worse off over the longer […]

President Trump Imposed Tariffs on Chinese Goods

President Trump Imposed Tariffs on Chinese Goods

President Trump Imposed Tariffs on Chinese Goods $AAPL, $FIT Monday after the stock market closed, USPresident Trump President Donald Trump said he will impose 10% tariffs on about $200-B worth of Chinese imports, but he spared smart watches from Apple (NASDAQ:AAPL) and Fitbit Inc (NYSE:FIT) and other consumer products such as bicycle helmets and baby car […]

China May Shake Markets

China May Shake Markets

The Chinese economy revealed fresh signs of softness Friday with data showing the pace of investment slowing to record lows while retail spending and industrial production stabilised. Beijing faces a delicate balancing act, aiming to shift its growth driver away from investment and exports towards personal consumption, while at the same time battling a mountain […]

Trade War Creates Opportunities

Trade War Creates Opportunities

A growing number of Chinese companies are adopting a crafty way to evade US President Donald Trump’s tariffs: remove the “Made in China” label by shifting production to countries such as Vietnam, Serbia and Mexico. The world’s two largest economies have been locked in a months-long trade fight after Trump imposed 25 percent customs duties […]

President Trump’s Mexico Trade Deal a Look at the Future

President Trump’s Mexico Trade Deal a Look at the Future

President Trump’s Mexico Trade Deal a Look at the Future President Donald Trump has sidestepped conventional processes, protocols and procedures in trade negociations Last Monday, the US reached a preliminary trade agreement with Mexico that addresses several American grievances. A similar deal with Canada may also to be on track. These breakthroughs, combined with an easing […]

President Trump Approaches His ‘Reagan Moment’

President Trump Approaches His ‘Reagan Moment’

President Trump Approaches His ‘Reagan Moment Economist Mohamed El-Erian predicts that President Donald Trump sees a 60% chance that President Donald Trump’s hard line with China and Europe yields “fairer trade.” The chief economic adviser to Allianz SE also set some other odds in a recent TV interview. El-Erian puts a 15% chance on a “Reagan moment” […]

Trade Talks Moving Ahead, Deals With China and Mexico Near

Trade Talks Moving Ahead, Deals With China and Mexico Near

Trade Talks Moving Ahead, Deals With China and Mexico Near Trade talks toresume with China later this month, and US Trade Representative Robert Lighthizer is “getting close” to reaching a trade deal with Mexico, National Economic Council Director Larry Kudlow said Thursday. However, he said in a TV interview that the Chinese government should not […]

US Sanctions 3 Shipping Firms Over NKorea Strategic Trade

US Sanctions 3 Shipping Firms Over NKorea Strategic Trade

US Sanctions 3 Shipping Firms Over NKorea Strategic Trade Wednesday, The Trump Administration imposed additional sanctions on 3 foreign companies the US Treasury Department sayd are helping NKorea with illicit shipments of goods to fund its nuclear program. The US Treasury Department said it was taking action against the companies, which are based in China, […]

Has Trump Created a Monster

Has Trump Created a Monster

Has Trump Created a Monster The trade battle started by the USA has had a not-so-unexpected consequence, China and Russia have been had at work building international allies to fight the US sanctions. New trade deals have been done at an alarming rate across the world, Americas inaction in South America and Africa have left […]

China Continues to Seek FDI

China Continues to Seek FDI

China’s securities regulator said it will allow individual foreign investors working in the country to buy and sell yuan-dominated Chinese A-shares, the latest incremental step by Beijing to widen access to its long-cloistered equities markets. The change would go into effect on September 15 and also applies to foreign employees of Chinese-listed companies who are […]

China Seeks to Settle Trade War

China Seeks to Settle Trade War

China Seeks to Settle Trade War China will send a top negotiator to the United States in late August to resume trade talks, the commerce ministry said Thursday, the first public meeting on the subject in weeks as the trade conflict intensifies. Vice Commerce Minister Wang Shouwen, the deputy representative on international trade negotiations, will […]

China Takes an Economic Hit in Trade War

China Takes an Economic Hit in Trade War

The Chinese economy is displaying further signs of weakness, with data Tuesday showing investment slumped to a record low in the first seven months of the year and retail sales slowed. Beijing faces a delicate balancing act, aiming to shift its growth driver away from investment and exports and towards personal consumption, while at the […]

China’s Political and Economic Waters Look Choppy

China’s Political and Economic Waters Look Choppy

China’s Political and Economic Waters Look Choppy As China’s leaders gather for their annual Yellow Sea retreat, its political and economic waters look choppy. Chinese President and ruling Communist Party leader Xi Jinping is beset by economic, foreign policy and domestic political challenges just months after clearing his way to rule for as long as […]

China Gets a Trade Boost as Sanctions Lift USD

The recent fall of the yuan has been a boon to Chinese exporters facing a trade war with the United States, but it poses financial risks that could prompt Beijing to prop up its currency. While markets are spooked by the standoff between the world’s two biggest economies, a weaker currency makes exporters’ goods cheaper, […]

Global Growth Could be on the Brink of Stalling

Global Growth Could be on the Brink of Stalling Trade expansion will likely slow further in the third quarter of 2018, the World Trade Organization’s (WTO) latest World Trade Outlook Indicator (WTOI) indicated on Thursday. The most recent WTOI reading of 100.3 is below the previous value of 101.8 and just above the baseline value […]

Trade War Continues to Lower Commodity Prices

Commodities declined in July due to increased potential for rising production in energy commodities and lower demand expectations for base metals. The Bloomberg Commodity Index Total Return performance was lower for the month, with 15 out of 22 Index constituents posting losses. Credit Suisse Asset Management observed the following: Industrial Metals declined 4.69%, with all […]

US Trade Dust-up Causes Rift in Chinese Leadership

US Trade Dust-up Causes Rift in Chinese Leadership

US Trade Dust-up Causes Rift in Chinese Leadership A growing trade dispute with the US is reported to be causing rifts within China’s Communist Party, with some critics saying that an overly nationalistic Chinese stance may have hardened the US position. President Xi Jinping still has a firm grip on power, but an unusual surge […]

China Loves a Trade War

China Loves a Trade War

Trade tensions between the US and China have been intensifying over recent months with each country imposing levies on mutual imports with extra duties. In July, Washington imposed tariffs on $34 billion worth of Chinese goods. US President Donald Trump accused Beijing of “being vicious” on trade, stressing that Chinese measures were targeting US farmers […]

The Trade War Scorecard

The Trade War Scorecard

The Trade War Scorecard China’s trade surplus with the United States eased in July after President Donald Trump imposed tariffs on Chinese goods in a showdown between the world’s two biggest economies, official data showed Wednesday. The Asian giant posted a $28.1 billion surplus last month after reporting a record $28.9 billion in June according […]

China Continues to Reform

China Continues to Reform

About 40 years after China set sail on its voyage of reform and opening-up, the journey is still at full speed and heading towards ever greater goals. At the 19th Communist Party of China (CPC) National Congress held in October last year, Chinese President Xi Jinping, also general secretary of the CPC Central Committee and […]

Trade War Hits Ag Products

Trade War Hits Ag Products

Trade War Hits Ag Products $WEAT, $SOY, $CORM Chicago Board of Trade (CBOT) agricultural futures closed higher in the past trading week which ended Aug. 3, as deepening drought and trade tensions dramatically impacted wheat and soybean prices. The most active contract for December corn rose 8 cents weekly, or 2.13 percent, to 3.8425 dollars […]

China Counters in Trade War

China Counters in Trade War

China on Friday announced its decision to impose additional tariffs of four different rates on 5,207 items of imported U.S. products worth 60 billion U.S. dollars. The rates of additional tariffs on such products will be 25 percent, 20 percent, 10 percent, and 5 percent, according to the Customs Tariff Commission of the State Council. […]

Asia Concerned About Trade War

Asia Concerned About Trade War

Asian countries have voiced concern about the potentially devastating impact of a US-China trade war, with ministers calling for the acceleration of talks for a gigantic Beijing-backed free-trade deal that excludes the United States. Fear that a simmering trade spat between the world’s top two economies could spiral into a full-blown trade war — with […]

China Fires Back in Trade War

China Fires Back in Trade War

China’s new countermeasures to impose additional tariffs on about 60 billion U.S. dollars worth of products from the United States are “rational and restrained,” a spokesperson with the Ministry of Commerce (MOC) said Friday. The Customs Tariff Commission of the State Council on Friday unveiled lists of 5,207 items of U.S. products to be subject […]

US China Trade War May Dent Markets Monday

US China Trade War May Dent Markets Monday

China’s foreign minister said Saturday that his country’s threat to impose retaliatory tariffs on $60 billion of American goods in an escalating trade spat was “fully justified”. Beijing threatened Friday to bring in the levies on products ranging from beef to condoms, after US President Donald Trump’s administration upped the ante in its plans for […]

Google Hammered by Senators Over Censored China Search Engine

Google Hammered by Senators Over Censored China Search Engine

Google Hammered by Senators Over Censored China Search Engine $GOOGL Friday, a group of Republican and Democratic Senators hammered Alphabet Inc.’s (NASDAQ:GOOGL) Google over reports it is developing a censored version of its search engine for the Chinese market. China critic Senator Marco Rubio (R-FL), was joined by 5 otherUS  lawmakers on a letter to […]

Caution China, President Trump Will ‘Follow Through’

Caution China, President Trump Will ‘Follow Through’

Caution China, President Trump Will ‘Follow Through’ Friday, White House chief economic adviser Larry Kudlow cautioned China not to underestimate President Donald Trump. “Let me just say this, the Chinese have better not underestimate the determination of President Trump to follow through and seek zero tariffs and nontariff barriers and subsidies and a level playing […]

Could the Trade War Backfire

Could the Trade War Backfire

Could the Trade War Backfire A dip in auto exports and rising oil prices in June drove the biggest increase in the US trade deficit in 19 months, reversing much of May’s export bonanza, the government reported Friday. The result could weigh on revised calculations of second quarter growth, which President Donald Trump hailed as […]

China to Step Up Trade War

China to Step Up Trade War

China to Step Up Trade War Beijing warned Friday it was prepared to impose new tariffs on $60 billion worth of US goods if Washington ups the ante in the escalating US-China trade war. The commerce ministry issued a statement saying the new duties would be applied if Washington pulled the trigger on President Donald […]

China FDI a Barrier to Trade War

China FDI a Barrier to Trade War

Foreign direct investment (FDI) into the Chinese mainland was optimized in quality and quantitative growth, thanks to an improved business environment, officials and experts said. FDI into the Chinese mainland rose 1.1 percent year on year to 446.29 billion yuan in the first six months of 2018, according to the Ministry of Commerce (MOC). In […]

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