President Trump, “‘Ready to Go’ With Tariffs on $500-B of Chinese Imports”

President Trump, “‘Ready to Go’ With Tariffs on $500-B of Chinese Imports”

President Trump, “‘Ready to Go’ With Tariffs on $500-B of Chinese Imports” US President Donald Trump has indicated that he is willing to hit every product imported from China with tariffs. President Trump said “I’m willing to go to 500,” referring roughly to the $505.5-B in goods imported last year from China. The Trump Administration […]

President Trump, “China, EU ‘Manipulating Currencies'”

President Trump, “China, EU ‘Manipulating Currencies

President Trump, “China, EU ‘Manipulating Currencies’” President Donald Trump doubled down Friday morning on his plan to impose massive tariffs on China and the European Union, Tweeting that the United States should be on a “level playing field’’ with countries that have been “manipulating their currencies.” Trump also zeroed in on Canada in a 3rd […]

President Trump’s Foriegn Policy, “So Far, So Good

President Trump’s Foriegn Policy, “So Far, So Good

President Trump’s Foreign Policy, “So Far, So Good” Thursday, Senator Tim Scott (R:SC) characterized President Donald Trump’s foreign policy chops as “so far, so good.” In an afternoon TV interview the South Carolina Republican insisted that “we have to have confidence in the President of the United States when he says what he says.” “The […]

China Focused on Improving Economy

China Focused on Improving Economy

China will work to tackle the weak areas in its business environment to further improve overall competitiveness and sustain the sound momentum of steady economic performance, the State Council’s executive meeting chaired by Premier Li Keqiang decided on Wednesday. The Chinese government places high importance on improving the country’s business environment. Li has urged government […]

Chinese President Xi Jinping on China and the UAE

Chinese President Xi Jinping on China and the UAE

Chinese President Xi Jinping on Wednesday published a signed article titled “Working Hand in Hand for a Better Future” on Al Ittihad and The National, two mainstream newspapers in the United Arab Emirates (UAE), ahead of his state visit to the Middle East country. The following is the full text of the article: Working Hand […]

Trade War: Who is Cheating? Everyone

Trade War: Who is Cheating? Everyone

Trade War: Who is Cheating? Everyone China has accused the United States of hurting the global economy by waging trade wars. Beijing says the whole world will retaliate if Washington sticks with its aggressive trade policy. The US trade war is not just with China but with the rest of the world. By regarding the […]

China Building a Free Trade Network

China Building a Free Trade Network

China Building a Free Trade Network Amid a revival of unilateralism and protectionism across the globe, experts hail efforts to safeguard multilateralism and build an open world economy. China and the European Union (EU) on Monday agreed to jointly work to safeguard the rules-based international order, promote multilateralism and support free trade. The agreement was […]

China Moves for EU Deal

China Moves for EU Deal

Chinese President Xi Jinping met with European Council President Donald Tusk and European Commission President Jean-Claude Juncker on Monday, calling for closer partnership between China and the European Union (EU). “China and the EU are both builders of world peace, contributors to global development and defenders of the international order,” Xi said when meeting with […]

Trade War Casualties

Trade War Casualties

Some US manufacturers are delaying investments and raising prices as President Donald Trump escalates trade wars with key US economic partners but most companies report no change, according to a survey released Monday. The National Association for Business Economics also found in its monthly report that members unanimously expected economic growth to continue in the […]

China and the Trade War

China and the Trade War

China and the Trade War Beijing has filed a complaint with the World Trade Organization (WTO) against planned US duties on $200 billion worth of Chinese products, China’s Ministry of Commerce announced on Monday. Last week, the ministry said it would immediately file a complaint to the WTO against what it called US unilateralism. In […]

Trade War: It’s Still Boom Time in China

Trade War: It’s Still Boom Time in China

Trade War: It’s Still Boom Time in China China’s gross domestic product expanded 6.8 percent year on year in the first half of 2018 to about 41.90 trillion yuan (6.27 trillion U.S. dollars), data from the National Bureau of Statistics (NBS) showed Monday. In the second quarter, China’s GDP rose 6.7 percent year on year, […]

Farnborough Airshow, Brexit and the Trade War

Farnborough Airshow, Brexit and the Trade War

Top global plane makers land at the Farnborough airshow in England next week, hoping to pick up speed on demand for passenger jets while charting a path through Brexit and trade war turbulence. This year’s sector showpiece event, opening Monday, will be buzzing on the back of rapid changes in the industry, as US titan […]

Trade War Update

Trade War Update

Trade War Update China China said Friday that its attitude on respecting and protecting intellectual property rights (IPR) is serious and its actions are effective, calling the U.S. allegations of so-called IPR theft by China groundless. “In recent months, the United States has repeatedly accused China of stealing intellectual property rights, but it has never […]

Trade War Latest News

Trade War Latest News

Trade War Latest News The Chinese commerce ministry has slammed the US plan to impose tariffs on additional imports worth some $200 billion as totally unacceptable, promising a mirror response to defend its national interests. “The Chinese side is shocked by the actions of the US,” a statement on the ministry’s website declared. “In order […]

Trade War: China Responds

Trade War: China Responds

Trade War: China Responds China will take necessary countermeasures to resolutely safeguard its rights and interests, a Chinese Foreign Ministry spokesperson said Wednesday after the United States announced a list of tariffs on 200 billion U.S. dollars of Chinese goods Tuesday. “The behavior of the U.S. is typical ‘trade bullying,” spokesperson Hua Chunying said at […]

Trade War Turns Serious

Trade War Turns Serious

Accusing China of not negotiating “seriously” on trade, the Trump administration has released a list of products it wants to impose a ten percent tariff on, amounting to $200 billion. The new tariffs would kick in within 60 days. The 200-page document, released on Tuesday by the US Trade Representative’s office, gives notice to those […]

President Trump, the ‘Picasso’ of Tweets

President Trump, the ‘Picasso’ of Tweets

President Trump, the ‘Picasso’ of Tweets $TWTR Donald Trump’s Tweets are not a mistake, it is not insanity, he is not nuts, and not stupid, he is Genius. President Trump is the Picasso of Tweets. Monet meets Beethoven. The Saul Alinsky of Conservatives and Capitalists. Donald J Trump is 1st politician from the right to […]

Trade War Latest Update

Trade War Latest Update

Trade War Latest Update China stays committed to continuously and proactively expanding opening up so as to better cope with unilateralism and protectionism, Premier Li Keqiang said here on Monday. Li, who is in Germany for a three-day official visit, made the remarks at an innovation-themed forum, which is also attended by his German counterpart, […]

China Switches Focus Away from USA

China Switches Focus Away from USA

Companies from China and the United States are concerned about the impact of trade tensions between the world’s top two economies after the United States began imposing a 25-percent additional tariff on Chinese products worth 34 billion U.S. dollars Friday. China’s customs authority announced that additional tariffs for some imports from the United States worth […]

Trade War Heats Up

Trade War Heats Up

Just hours after the United States introduced 25 percent trade tariffs on $34 billion worth of Chinese goods, Beijing has retaliated with mirror measures against American imports. “After the United States introduced the new tariffs, China’s reciprocal measures also immediately took effect,” said the spokesman for the Chinese Foreign Ministry Lu Kang. He did not […]

China Already Feeling the Pain from President Trump on Trade

China Already Feeling the Pain from President Trump on Trade

China Already Feeling the Pain from President Trump on Trade China’s manufacturing activity decelerated in June as US-Chinese trade tensions added to concern the economy is cooling due to tighter government controls on lending, a survey showed Saturday. The National Statistics Bureau’s (NBS) purchasing managers’ index declined to 51.5 from May’s 51.9 on a 100-point […]

Trade War: China Opens as America Closes

Trade War: China Opens as America Closes

Trade War: China Opens as America Closes When one door closes, another one opens, that is what is happening now in Asia China has taken solid steps in promoting its opening-up by lowering import tariffs and easing market access, while new measures on intellectual property protection and a new negative list for market access of […]

Trade War Becomes a Currency War

Trade War Becomes a Currency War

Chinese authorities have reportedly deployed the country’s central bank to resist intense trade pressure from Washington as nearly 85 percent of China’s sales to the US were hit with export tariffs amid an escalating trade war. The People’s Bank of China has announced first steps towards easing monetary policy, pledging to boost demand for the […]

President Trump, “Remove your trade barriers or be met with more than Reciprocity by the USA”

President Trump, “Remove your trade barriers or be met with more than Reciprocity by the USA”

President Trump, “Remove your trade barriers or be met with more than Reciprocity by the USA” Sunday, US President Donald Trump warned other nations about their trade policies with the United States. The President’s statement comes days after he threatened to place a 20% tariff on all European automobiles entering the US and after Commerce […]

China to Help Small Business

China to Help Small Business

China to Help Small Business The Chinese government will roll out a series of incentives to make financing more accessible and affordable for small and micro businesses to promote cost-cutting in the real economy, the State Council’s executive meeting chaired by Premier Li Keqiang decided on Wednesday. It was pointed out at the meeting that […]

North Korea China Talks

North Korea China Talks

China will link easing or removing sanctions on North Korea with progress in denuclearization, a Chinese government official said Wednesday, as the North’s leader Kim Jong-un made another visit to Beijing this week. In their talks Tuesday, Kim and President Xi Jinping focused on improving bilateral relations and ridding the Korean Peninsula of nuclear weapons, […]

North Korean leader Kim Jong-un met with Chinese President Xi Jinping in Beijing

North Korean leader Kim Jong-un met with Chinese President Xi Jinping in Beijing

North Korean leader Kim Jong-un met with Chinese President Xi Jinping in Beijing on Tuesday in the latest sign of strengthening ties between the two leaders. China’s state-run CCTV aired footage of Kim’s summit with Xi at the Great Hall of the People in a very rare public announcement of Kim’s trip. Xi and his […]

President Trump to China, “$200-B US Tariffs Coming”

President Trump to China, “$200-B US Tariffs Coming”

President Trump to China, “$200-B US Tariffs Coming US Vs China, bet on the US. Monday, US President Donald Trump told China that he is ready to impose a 10% tariff on $200-B of Chinese goods.In his statement, President Trump said he had asked the US trade representative to identify the Chinese products to be […]

ASEAN to Grow as China Boosts Imports

ASEAN to Grow as China Boosts Imports

ASEAN to Grow as China Boosts Imports China has reassured the world that its stance on encouraging imports will not change, a major development strategy that will not only help domestic industrial upgrades but also stimulate global economic growth. A slew of incentives will be taken to further boost imports, the State Council, China’s cabinet, […]

Thailand Asserts Financial Leadership in Southeast Asia

Thailand Asserts Financial Leadership in Southeast Asia

Thailand Asserts Financial Leadership in Southeast Asia Thailand is forming and leading a new Southeast Asian fund for infrastructure and development projects, Thai Prime Minister Prayuth Chan-ocha told a Summit in Bangkok Saturday to counter reliance on China and the other Asian giants. The fund, which Thailand will jointly manage with 4 countries in the […]

Trade War Update

Trade War Update

Responding to US President Donald Trump’s decision to impose tariffs on $50 billion worth of Chinese imports, Beijing has adopted a 25 percent tariff on 659 American products worth the same amount. US agricultural products, fish and automobiles worth some $34 billion worth of US goods will kick in on July 6, with another $16 […]

Trump Wins Again: China to Buy More

Trump Wins Again: China to Buy More

China will take a slew of incentives to further boost imports so as to drive domestic industrial upgrading and better meet the increasingly diversified consumption demands of people, the State Council decided at an executive meeting chaired by Premier Li Keqiang on Wednesday. These measures are expected to advance China’s win-win strategy of opening up. […]

China and ASEAN Move Closer

China and ASEAN Move Closer

China and the Association of Southeast Asian Nations (ASEAN) will expand cooperation in various fields and forge a closer community with a shared future, said Chinese State Councilor and Foreign Minister Wang Yi on Tuesday. He made the remarks while holding talks with Secretary-General of ASEAN Lim Jock Hoi in Beijing. China and ASEAN would […]

Expect China to Grow Faster

Expect China to Grow Faster

China should speed up economic upgrade and push industrial transfers in a reasonable and orderly manner, Chinese Premier Li Keqiang has stressed. Good business environment, rather than favorable policies, should be the key to win businesses in industrial transfers, Li said during a two-day inspection trip to central China’s Hunan Province, which ended Tuesday. He […]

China Leads the Way Developing Global Trade

China Leads the Way Developing Global Trade

Officials from around the world have been speaking highly of Chinese President Xi Jinping’s keynote speech delivered Sunday at the Shanghai Cooperation Organization (SCO) summit in the eastern Chinese seaside city of Qingdao. In the speech, Xi called on countries involved in the regional bloc to work closely to build an SCO community with a […]

President Trump Left the G7 in Turmoil

President Trump Left the G7 in Turmoil

President Trump Left the G7 in Turmoil President Trump disavowed the G7’s joint statement with a Tweet He also criticized Prime Minister Justin Trudeau as weak and dishonest. Saturday, US President Donald Trump left the G7 nations in turmoil, just as, China’s Xi Jinping and Russia’s Vladimir Putin were coming together on the other side […]

China Russia Trade to hit $100b

China Russia Trade to hit $100b

Trade between Moscow and Beijing has grown 31 percent this year and is projected to reach the $100 billion target, said Russian President Vladimir Putin during a meeting with China’s President Xi Jinping in Beijing. Energy is the key sector of cooperation between the two countries, according to Putin. “Russia remains the largest supplier of […]

China and Russia Creating a Trade Powerhouse

China and Russia Creating a Trade Powerhouse

President Xi Jinping and his Russian counterpart Vladimir Putin on Friday agreed to promote greater development of China-Russia relations at a high level. The two leaders reached the consensus during talks in Beijing. Putin is on a state visit to China, and he will also attend the 18th Shanghai Cooperation Organization (SCO) summit in the […]

China: RMB to Dominate USD

China: RMB to Dominate USD

China is ramping up efforts to promote yuan as a global currency. After the crackdown on outflows and devaluation in 2015, the renminbi is once again gaining momentum. The record share of yuan in global trade was at 2.8 percent three years ago, according to Bloomberg. Its share shrank to 1.7 percent in April, but […]

China Warns US on Protectionism

China Warns US on Protectionism

China warned the US that any deals reached during ongoing trade talks would be void if Washington went ahead with imposing tariffs on Chinese goods, as the latest round of negotiations ended on Sunday in Beijing. The third round of trade talks between the world’s two largest economies appeared to fall short of bridging the […]

Putin Heading to China

Putin Heading to China

Russian President Vladimir Putin’s upcoming state visit to China is of great significance to the planning of the next-phase growth of China-Russia relations, said China’s top diplomat Wang Yi on Sunday. Chinese State Councilor and Foreign Minister Wang Yi made the remarks while meeting with Russian Foreign Minister Sergei Lavrov on the sidelines of the […]

China to Open More Markets

China to Open More Markets

China will further cut import tariffs for daily consumer goods starting July 1, the State Council decided at an executive meeting chaired by Premier Li Keqiang on Wednesday. The average tariff rate for clothing, shoes and hats, kitchenware, and sports and fitness supplies will be reduced from 15.9 percent to 7.1 percent, and that for […]

There is No USA China Trade War

There is No USA China Trade War

Chinese President Xi Jinping’s special envoy and Vice Premier Liu He said here Saturday that China and the United States have reached consensuses on economic and trade issues, pledging not to engage in a trade war. Liu arrived in Washington on Tuesday afternoon for economic and trade consultations with the U.S. side at the invitation […]

Philippines Develops Close Ties to China

Philippines Develops Close Ties to China

Philippines Develops Close Ties to China Chinese leader Xi Jinping once offered Rodrigo Duterte personal assurances his country “won’t go to the dogs,” the Philippines president said, noting that the former colony won’t become Washington’s “vassal” ever again. “’We will be there if you need us,’” Duterte said on Tuesday, recalling a conversation with the […]

One Belt, One Road: China is Changing the World

One Belt, One Road: China is Changing the World

The ambitious multi-trillion-dollar Belt and Road Initiative (BRI) by China could become a great opportunity for the Gulf nations, according to Bahrain’s Minister for Transportation and Telecommunications Kamal bin Ahmed Mohammed. The Gulf region, which is a central location of the BRI, is a prime market for China and vice versa, he told the Gateway […]

China Reforms Continue

China Reforms Continue

Xi Jinping, general secretary of the Central Committee of the Communist Party of China (CPC), called for coordinated efforts and orderly progress in the planning and implementation of institutional reform at the central and local levels to ensure complete victory in the area. Xi, also Chinese President, Chairman of the Central Military Commission, and head […]

US Has an “Agreement in Principle” with China to Reduce Trade Deficit

US Has an “Agreement in Principle” with China to Reduce Trade Deficit

US Has an “Agreement in Principle” with China to Reduce Trade Deficit Thursday, US Commerce Secretary Wilbur Ross said that China looks to be open to reducing its trade deficit with the US by as much as $200-B within 2years, along with other White House demands. “I think they agreed to the concept of a […]

North Korea Moves Closer to China

North Korea Moves Closer to China

Xi Jinping, general secretary of the Central Committee of the Communist Party of China (CPC) and Chinese president, met Kim Jong Un, chairman of the Workers’ Party of Korea (WPK) and chairman of the State Affairs Commission of the Democratic People’s Republic of Korea (DPRK), in Dalian, northeast China’s Liaoning Province, on May 7-8. Wang […]

China Still Out-Trades USA

China Still Out-Trades USA

China’s surplus with the United States widened in April, underlining an imbalance between the economic titans as they struggle to reach an agreement on averting a potentially damaging trade war. The figures Tuesday will likely reinforce Washington’s determination after high-level talks in Beijing last week ended with both sides admitting there were big differences to […]

As Trade Talks With China Open, President Trump Praises President Xi

As Trade Talks With China Open, President Trump Praises President Xi

As Trade Talks With China Open, President Trump Praises President Xi Thursday, US President Donald Trump praised his relationship with Chinese President Xi Jinping as officials from the world’s 2 largest economies began trade talks in Beijing. A deal to fundamentally change China’s economic policies is viewed possible during the 2 days of talks, though […]

A New Round of Growth is Coming to China

A New Round of Growth is Coming to China

China has moved to support the issuance of rental properties-backed securities to help finance a burgeoning rental housing market, a crucial part of its planned policy package that aims to stabilize the real estate sector. The real estate investment trust (REIT), a means of property asset securitization, will be piloted for developers to raise funds, […]

China on a Growth Path

China on a Growth Path

China has seen a good start to its high-quality development, the Political Bureau of the Communist Party of China (CPC) Central Committee said Monday. The Chinese economy has maintained its steady growth momentum in the first quarter of this year, as major economic indicators pointed to stronger domestic demand and good coordination between the growth […]

China Trade Truce in the Making

China Trade Truce in the Making

China Trade Truce in the Making The words in the air are that US Treasury Secretary Steven Mnuchin is considering a trip to China to moderate/mitigate a trade dispute with Beijing. Secretary Mnuchin said he is “cautiously optimistic” of reaching an agreement with China that bridges their differences on trade. “A trip is under consideration.” Secretary […]

The Rise of Protectionism and Global Growth

The Rise of Protectionism and Global Growth

The World Trade Organization said Thursday that it expects strong trade growth through this year and next but warned progress would be “undermined” if governments implement threatened protectionist measures. The WTO forecast 4.4 percent growth in trade volume this year and a more moderate four percent expansion in 2019. But the body’s director-general Roberto Azevedo […]

China Ready to Grow with or without USA

China Ready to Grow with or without USA

Chinese President Xi Jinping unveiled new measures for expanding reform and opening up Tuesday as China marks the 40th anniversary of the policy this year, heralding “a new phase of opening up” for common prosperity of both China and the world. “China’s reform and opening up meets its people’s aspiration for development, innovation and a […]

US China Trade War May Settle with Talks

US China Trade War May Settle with Talks

Beijing has requested dispute consultations with the United States at the World Trade Organization over US tariffs slapped on imports of Chinese steel and alumium products, according to a WTO document published Tuesday. China’s representative to the world trade body has requested “consultations” with Washington over its decision to impose “additional ad valorem rate of […]

Talks Underway in Secret to Prepare for Coming US-NKorea Summit

Talks Underway in Secret to Prepare for Coming US-NKorea Summit

Talks Underway in Secret to Prepare for Coming US-NKorea Summit The US and NKorea are engaged in secret and direct talks to prepare for a summit between President Donald Trump and NKorean leader Kim Jong Un. Central Intelligence Agency (CIA) Director Mike Pompeo, who President Trump has tapped to be his  Secretary of the State, […]

President Trump, ‘We will stop China from taking advantage on trade”

President Trump, ‘We will stop China from taking advantage on trade”

President Trump, ‘We will stop China from taking advantage on trade” Thursday, US President Donald Trump said it is time to stop China from “taking advantage” of America, just as a Top adviser said the administration will ask allies to pressure Beijing on its trade policies. President Trump showed no sign of backing down after […]

Full Trade War Begins

Full Trade War Begins

Stocks are down across Europe and in pre-market trading on Wall Street after China announced retaliatory tariffs on American imports. Before the opening bell, the S&P is down 1.7 percent, with the Dow and the Nasdaq over 2 percent lower. A loss of each percent in American indices means losing billions of dollars in value […]

China Strikes Back in Trade War

China Strikes Back in Trade War

Beijing will hit 106 American products, including soybean, automobile, and chemicals, with a 25-percent tariff in response to US levies on Chinese goods, Bloomberg reports, citing a CCTV report of the State Council decision. The move comes after Washington slapped nearly 1,300 Chinese goods with 25-percent tariffs. According to the White House, the measure is […]

US China Trade War Update

US China Trade War Update

The USA on Tuesday raised the stakes in a growing trade showdown with China, targeting 25 percent tariffs on some 1,300 industrial technology, transport and medical products to try to force changes in Beijing’s intellectual property practices. After the US unveiled a preliminary list of imports from China that will be hit by the tariff […]

US China Trade War Latest News

US China Trade War Latest News

US China Trade War Latest News Beijing will not hesitate to take further countermeasures in case Washington decides to impose a new round of tariff hikes against Chinese goods, with China’s ambassador to the US promising a swift and “proportional” response. China’s Ambassador to the United States Cui Tiankai said that the new fares on […]

Trade War Intensifies

Trade War Intensifies

Beijing is hiking up tariffs on more than 128 US imports, including fruit and pork, as part of a tit-for-tat response to US President Donald Trump’s $60 billion package of tariffs imposed against China. The additional fares, which range from 15 to 25 percent, will take effect on Monday, the Chinese Finance Ministry said on […]

China Tax Cuts Will Lift Economy

China Tax Cuts Will Lift Economy

China will cut value-added tax (VAT) rates as part of a tax reduction package amounting to 400 billion yuan (about 63 billion U.S. dollars) this year. The decision was made at a State Council executive meeting chaired by Premier Li Keqiang on Wednesday. It is expected to boost high-quality development. The tax rate, starting from […]

China Makes a Move on World Markets

China Makes a Move on World Markets

The historic launch of the long-awaited trading of Chinese crude futures this week has stirred up a heated debate among analysts as to whether the new commodity product will prosper or flop. Some market analysts expressed doubts over the success of the petro-yuan, citing Beijing’s yearning for total control over trading as one of the […]

US China Trade War

US China Trade War

Amid fears of a potentially devastating trade war between the US and China, Washington has urged Beijing not to implement the ban on US garbage and recyclable materials that Asia’s giant threatened to impose last July. In an effort to battle the “illegal foreign garbage” influx into China, last July China’s Ministry of Environmental Protection […]

Trade Wars: USA Vs China

Trade Wars: USA Vs China

American consumers will be the biggest losers if a full-fledged US-China trade war breaks out, Beijing has warned, after President Donald Trump signed a memorandum to impose new tariffs targeting over $50bn of Chinese imports. “The US’ persistence in advancing the Section 301 investigation and publishing the so-called findings to pick a trade war will […]

China Plans a Future with Xi

China Plans a Future with Xi

Xi Jinping was elected Chinese president by a unanimous vote Saturday morning at the ongoing session of the 13th National People’s Congress (NPC). Thunderous applause reverberated in the Great Hall of the People when the election result was announced. Xi, 64, stood up and bowed, while the voters responded by standing up and clapping vigorously. […]

President Trump, “US Technology is Not for Sale

President Trump, “US Technology is Not for Sale

President Trump, “US Technology is Not for Sale” $QCOM, $AVGO With President Trumps rejection of Broadcom Ltd.’s(NASDAQ:AVCO) hostile takeover of Qualcomm Inc., (NASDAQ:QCOM) he sent a clear signal to overseas investors: Any deal that could give China an edge in Key technology will be rejected in the name of national security. Broadcom is based in […]

President Trump on NKorea’s Offer: ‘We Will See What Happens!’

President Trump on NKorea’s Offer: ‘We Will See What Happens!’

President Trump on NKorea’s Offer: ‘We Will See What Happens!’ US President Donald Trump issued a cautionary response Tuesday to reports of progress in talks between NKorea and SKorea on the nuclear issues at hand . He Tweeted just after 8:00a EST, not long after SKorea reported that NKorea had promised a nuclear moratorium and […]

China’s Banking Regulator Cut ‘Red Tap’ to Promote Financial Sector Growth

China’s Banking Regulator Cut ‘Red Tap’ to Promote Financial Sector Growth

China’s Banking Regulator Cut ‘Red Tap’ to Promote Financial Sector Growth China’s banking regulator has introduced steps to cut the Red Tape for foreign banks, state media agency said Saturday, as part of the government’s ongoing effort to promote investment in the country’s fast-growing financial sector. The China Banking Regulatory Commission (CBRC) has revised its […]

US President Trump Has Rained Apocalypse on ‘Davos Man’

US President Trump Has Rained Apocalypse on ‘Davos Man’

US President Trump Has Rained Apocalypse on ‘Davos Man’ We all knew something Apocalyptic was going to Davos it did! “I’m here to represent the interests of the America people and affirm America’s friendship and partnership in building a better world.” — President Donald Trump Those tactically released photographs of President Trump arriving by helicopter […]

China Economy Continues to Grow

China Economy Continues to Grow

China, the world’s second largest economy, has eclipsed its official growth target of about 6.5 percent, expanding 6.9 percent last year. It’s the first time since 2010 that the pace of growth has picked up. Chinese Premier Li Keqiang also said last week he expected growth to be at “around 6.9 percent.” Official data showed […]

China Has Not Banned Bitcoin, Ethereum, Ripple

China Has Not Banned Bitcoin, Ethereum, Ripple

China Has Not Banned Bitcoin, Ethereum, Ripple It has been widely reported that Chinese authorities aiming to completely ban centralized trading of virtual currencies as well as individuals and businesses that provide related services. That seems to be more headline than fact. The report was based on an internal memo from a government meeting seen […]

China Economy Improves: Wages Rise

China Economy Improves: Wages Rise

Zhaopin Limited (“Zhaopin” or the “Company”), a leading career platform in China focused on connecting users with relevant job opportunities through their career lifecycle, released its 2017 fourth-quarter report on China labor market supply and demand for white-collar workers. While the competition for jobs was relatively stable in the fourth quarter, the average monthly salary […]

Belt and Road a Hit for China

Belt and Road a Hit for China

Last year brought steady trade growth to China thanks to domestic and global expansion, while behind the numbers, trends are emerging which tell of shifting engines of growth. China’s foreign trade rose 14.2 percent to 27.8 trillion yuan (4.3 trillion U.S. dollars), following two years of decline. Exports increased 10.8 percent to reach 15.3 trillion […]

China Building Trade in South East Asia

China Building Trade in South East Asia

China Building Trade in South East Asia China’s involvement is set to boost the economies of Myanmar, Laos, Thailand, Cambodia and Vietnam China eyes stronger ties with the other five countries along the Lancang-Mekong river, pledging new loans, medical aids and scholarships to its neighbors. At the second Lancang-Mekong Cooperation (LMC) leaders’ meeting here on […]

China Economic Data

China Economic Data

China Economic Data China’s manufacturing activity edged down in December, official data showed Sunday, but largely maintained momentum despite increased curbs on heavy industry aimed at taming the country’s chronic air pollution. The manufacturing purchasing managers’ index (PMI), a gauge of factory conditions, stood at 51.6 in December, the National Bureau of Statistics (NBS) said, […]

Trump Policies Lead the US, Global Economies in Surprise Recoveries

Trump Policies Lead the US, Global Economies in Surprise Recoveries

Trump Policies Lead the US, Global Economies in Surprise Recoveries MAGA The global economy found its post-crisis footing in Y 2017, with most major developing economies surprising on the Northside. Comparing Y 2017 predictions made a year ago Vs the likely up-turn based on the latest forecasts in Bloomberg’s monthly survey, shows that the Pessimists […]

China says, “We are rising, accept it.”

China says, “We are rising, accept it.”

China says, “We are rising, accept it.” Tuesday, the Chinese government criticized US President Donald Trump’s decision to label Beijing a strategic rival and called on Washington to “abandon a Cold War mentality” and accept China’s rise. President Trump’s decision reflects a “victory of hardliners” in his administration, the official news agency said. It warned […]

The Rise of China is Yet to Begin

The Rise of China is Yet to Begin

China’s growth over the last 2 decades has been astounding, but it is really just getting started. The country is now making moves that will see another round of massive growth, this time at a global and permanent level. Last week the Shanghai International Energy Exchange said the system has met all the listing requirements […]

US Warns NKorean Leadership of Utter Destruction in Any War

US Warns NKorean Leadership of Utter Destruction in Any War

US Warns NKorean Leadership of Utter Destruction in Any War The United States warned the NKorean leadership that it would be “utterly destroyed” if war were to break out, after Pyongyang test fired its most advanced intercontinental ballistic missile, putting the US Mainland within range. The Trump Administration has said all options were on the […]

China Industrial Profits Rise

China Industrial Profits Rise

China’s major industrial firms saw stronger profit growth in the first ten months of this year, the National Bureau of Statistics(NBS) said Monday. China’s industrial sector has been boosted by a year-long, government-led construction spree, which helped lift demand and prices for building materials, especially over the first half of the year. Prices of industrial […]

World War 3: A New Challenge for North Korea

World War 3: A New Challenge for North Korea

World War 3: A New Challenge for North Korea President Donald Trump has declared North Korea a state sponsor of terrorism. The designation will impose further penalties on Pyongyang, as part of the US pressure campaign against North Korea’s nuclear and missile programs. “Today the United States is designating North Korea a state sponsor of […]

President Trump Showcased America as Strong, Proud and Confident

President Trump Showcased America as Strong, Proud and Confident

President Trump Showcased America as Strong, Proud and Confident President Donald Trump said Wednesday that his 12-day trip to Asia showcased “a strong, proud and confident America” to the World. “Everywhere we went, our foreign hosts greeted the American delegation and myself included with incredible warmth and hospitality and most importantly respect,” President Trump told […]

The Donald Trump-Xi Jinping Engagement Will Benefit All Parties

The Donald Trump-Xi Jinping Engagement Will Benefit All Parties

The Donald Trump-Xi Jinping Engagement Will Benefit All Parties $BA, $F, $SOYB The lucrative deals are predictable results, as the 2 nations engage in cooperation. The high-profile engagement between Chinese President Xi Jinping and his US counterpart Donald Trump last Thursday has captured the spotlight globally. Experts said their meeting has borne remarkable fruit, and […]

President Trump, “… the US will not be taken advantages of on trade.”

President Trump, “… the US will not be taken advantages of on trade.”

President Trump, “… the US will not be taken advantages of on trade.” Friday, President Donald Trump warned that the US would no longer “turn a blind eye” to trade abuses. “From this day forward we will compete on a fair and equal basis,” President Trump told a gathering of CEOs on the sidelines of […]

Trump’s Granddaughter Arabella Enchants China With Mandarin Song

Trump’s Granddaughter Arabella Enchants China With Mandarin Song

Trump’s Granddaughter Arabella Enchants China With Mandarin Song This is Terrific, Good on Ivanka, Jared and Arabella! President Donald Trump’s granddaughter Arabella Kushner sings in Mandarin. (CGTN/YouTube) President Trump showed Chinese President Xi Jinping a video of his granddaughter in a Chinese-style dress singing a song in Mandarin and reciting a poem, which she dedicated […]

US-China Tie-up at “New Historic Starting Point”

US-China Tie-up at “New Historic Starting Point”

US-China Tie-up at “New Historic Starting Point” Chinese President Xi Jinping said Thursday the Sino-US relations are “at a new historic starting point.” “China is willing to work together with the United States to respect each other, stick to mutual benefit and reciprocity, focus on cooperation, and manage and control differences,” President Xi said during […]

President Donald Trump Starts Official State Visit to China

President Donald Trump Starts Official State Visit to China

President Donald Trump Starts Official State Visit to China US President Donald Trump arrived in Beijing Wednesday afternoon, starting his state visit to China. The 3-day trip is Trump’s 1st visit to the country since he assumed the Presidency on 20 January. He is the 1st head of state to visit China since the landmark […]

President Trump Traveling to Asia for Key State Visits

President Trump Traveling to Asia for Key State Visits

President Trump Traveling to Asia for Key State Visits US President Donald Trump travel to Hawaii’s Pearl Harbor Friday before embarking on a Presidential trip to Asia. In Asia, President Trump will address security and trade concerns in Japan, South Korea, China, Vietnam, and the Philippines. Between the US, SKorea, and Japan, the NKorean missile threat […]

China Economic Update

China Economic Update

China’s manufacturing sector expanded at a slower but stable pace in October, according to official data Tuesday. The manufacturing purchasing managers’ index (PMI) came in at 51.6, moderating from 52.4 in September and 51.7 in August, according to the National Bureau of Statistics. A reading above 50 indicates expansion, while below reflects contraction. NBS statistician […]

China Makes a Move on the USD

China Makes a Move on the USD

China is set to roll out a yuan-denominated oil contract as early as this year. Analysts call the plan, announced by Beijing in September, a huge move against the dollar’s global dominance. The so-called petro-yuan is a “wake up call” for investors who haven’t paid attention to the Chinese plans, according to the head of […]

Investing in China After the CPC

Investing in China After the CPC

Investing in China After the CPC Investors in China including HEFFX paid close attention to the 19th National Congress to help guide them in to what will become the hot areas of the Chinese Economy. For those of us looking to gauge the growth trajectory of China’s economy over the next five years, meaningful hints […]

China Has a Political Advantage for Growth

China Has a Political Advantage for Growth

Some Western countries have been doubting China’s political system, especially the Communist Party of China (CPC)’s status as the only ruling party, despite the country’s success in hosting the Beijing Olympic Games, developing into the world’s second largest economy and becoming a leading innovator in mobile technology. It is a ruling party’s ability to make […]

China Posts Strong Economic Growth

China Posts Strong Economic Growth

China Posts Strong Economic Growth China’s economy continued its firm growth in the first three quarters of this year, with gross domestic product expanding 6.9 percent year on year to 59.3288 trillion yuan (about 8.9614 trillion U.S. dollars), official data showed Thursday. The growth rate held steady from a 6.9-percent increase in the first half […]