In an effort to achieve "world peace," Donald Trump has decided to re-impose "the most biting" sanctions against Iran. The US has urged all its allies to cut off oil deals with Iran, the world's fifth largest oil producer, by zero this November.
Various political parties are gearing up for India's general elections slated for the first half of 2019. Apart from the fierce competition with opposition parties, there are internal conflicts within the incumbent Bharatiya Janata Party (BJP). Opposition parties, notably the Congress party, are anxious to defeat Prime Minister Narendra Modi and his BJP, while Modi's own party members are trying to replace him. It seems that the focus of the struggle is on Modi. So, have his domestic and foreign
The U.S. media is aware that the Trump administration has only a narrow window of opportunity to attack China in the "trade war" before the situation in the U.S. worsens. The Trump administration aims to use the normal upswing of the U.S. business cycle in 2018 to disguise the pain that U.S. tariffs are causing for the U.S. population, companies, workers and farmers – before a downturn of the U.S. business cycle in 2019-2020 makes that pain more severe.
The U.S. media is aware that the Trump administration has only a narrow window of opportunity to attack China in the "trade war" before the situation in the U.S. worsens. The Trump administration aims to use the normal upswing of the U.S. business cycle in 2018 to disguise the pain that U.S. tariffs are causing for the U.S. population, companies, workers and farmers – before a downturn of the U.S. business cycle in 2019-2020 makes that pain more severe.
The US administration is said to be gearing up to unleash another "trade bomb" to scare China: increase tariffs on 200 billion US dollars' worth of goods from China from 10 percent to 25 percent, thus igniting chaos and concern in the world market.
The visit to China by Jeremy Hunt, the British Foreign Secretary, has raised hopes that the 'golden age' of China-UK relations, established under former UK Prime Minister David Cameron, will be maintained. During that period Britain sought excellent economic relations with China, took independent steps in foreign policy such as joining the Asian Infrastructure Investment Bank despite US opposition, and minimized provocative attempts to interfere in China's domestic affairs in Hong Kong and elsew
China on Thursday voiced support for an agreement reached by the US and the EU to put new tariffs on hold while officials negotiate a potential trade deal, but urged the US and the EU to adhere to WTO rules and nondiscrimination principles in any bilateral deal.
Globalization has boosted trade as well as investment. Most multinationals increasingly rely on a global market for profits rather than their parent country. Analysts call American multinationals economic pioneers and say they're the biggest beneficiaries of globalization as they move to reduce the impact of ongoing trade wars.
The change in the way Americans look at Chinese students in the US is in line with the American mind-set of looking at China. This would help us gauge the public opinion about President Donald Trump's trade war with China.
Chinese President Xi Jinping visited Senegal and Rwanda and is in South Africa before attending this week’s BRICS summit. This is Xi’s fourth visit to Africa in five years and the first overseas trip of his second term as China’s leader.
Joe Courtney, ranking member of the Seapower and Projection Forces Subcommittee of the House Armed Services Committee, recently speaking at Hudson Institute accused China of challenging the "70-year reign of freedom of navigation" and trying to change the "peaceful rule of law that existed in the maritime realm." The accusation is nothing new compared to what the US has leveled over the past few years.
China and Rwanda are expected to sign more than a dozen trade and investment deals during Chinese President Xi Jinping’s state visit as Beijing seeks to cement its strategic influence in Africa and the Middle East.
The world economy is gradually recovering but the US is causing uncertainty by acting aggressively toward its trade partners all over the world. Against this backdrop, before China, Russia and other BRICS members gather in Johannesburg, South Africa from Wednesday to Friday, the fourth China-Russia Economy Dialogue was held in Beijing by the Chongyang Institute for Financial Studies at Renmin University of China on July 15 and 16. On the sidelines of the conference, Bai Yunyi, a reporter with th
The US is trying to offer Europe and Japan free-trade deals at a G20 finance ministers meeting in an attempt to gain advantage in the trade war with China, but was turned down by France as Chinese experts asserted the Trump administration has lost all respect for global trade rules.
China lodged a complaint on Monday to the World Trade Organization regarding the United States' proposed tariffs on $200 billion worth of Chinese imports, the Ministry of Commerce said in a statement.
US President Donald Trump kept tossing bombs all through his Europe trip. He called the European Union a “foe” of the US soon after the NATO Summit and implied he would trust Russian President Vladimir Putin rather than his own intelligence services after the meeting with his Russian counterpart.
China will not concede to US tactics, and the "ball is always in the US' court," Chinese officials and experts stressed on Thursday amid trade frictions between China and the US, after US President Donald Trump's top economic adviser accused China of stalling efforts to resolve a growing trade dispute.
Power is corrosive, and hegemonic power more so. Unilateralism is an example of the corrosion of power. The unilateralism in trade being exercised by the US is in essence a result of the habitual exploitation of power.
Chinese President Xi Jinping will start his visit to the Middle East and Africa on Thursday. Chinese experts said his trips could help more countries benefit from the China-proposed Belt and Road initiative.
An official from China's top economic planner said Tuesday that the commission will speed up an assessment of negative impacts on domestic companies arising from the ongoing Sino-US trade row, and will provide "targeted support" after this assessment.