The great engine of American capitalism is once again firing on all cylinders, as shown by the 4.1 percent annualized growth of America’s gross domestic product (GDP) in the second quarter of this year. Most Americans (with the exception of … Read More
Government wants to position itself as a champion of free trade and defender of globalisation, says source close to Beijing. As Washington escalates trade tensions with threats of tariffs on another US$200 billion worth of goods, China’s leadership is positioning … Read More
FILE – In this Nov. 9, 2017, file photo, U.S. President Donald Trump and Chinese President Xi Jinping shakes hands during a news conference at the Great Hall of the People in Beijing. Trump’s trade battle with China will exacerbate … Read More
Sen. Lindsey Graham said on “Fox News Sunday” that he sees “China’s hands all over” North Korea’s latest statement calling the U.S. push for complete denuclearization “regrettable.” He added, “If I were President Trump, I would not let China use … Read More
When the clock stuck midnight, U.S. tariffs on $34 billion in Chinese imports took effect. Beijing vowed to respond immediately in kind, the two biggest economies are on a collision course for a full-blown trade war. China’s customs authority, said … Read More
FILE PHOTO: Chinese and U.S. flags are set up for a meeting during a visit by U.S. Secretary of Transportation Elaine Chao at China’s Ministry of Transport in Beijing, China April 27, 2018. PHOTO/COURTESY: REUTERS/Jason Lee In Summary Senior Chinese … Read More
“I agree with him completely,” Mobius says, referring to Trump’s stance on the trade gap with China. (Bloomberg photo) With markets closing early today and not opening at all tomorrow, the big bears just might take a break from growling … Read More
Finished steel coils sit in a storage warehouse. President Donald Trump ordered tariffs on $50 billion worth of imports from China. CHRIS RATCLIFFE/BLOOMBERG/GETTY IMAGES Recent days have presented a dizzying series of reversalsfollowed by reversals of reversals over whether, when, or … Read More
Lightning behind an aircraft carrier in the Strait of Malacca. Credit: pxhere.com Most analysts agree that China and the U.S. are locked in a seminal long-term struggle for dominance in Asia. With the military of both sides engaging in nearly … Read More
US envoy Terry Branstad’s comments come as Chinese Vice-Premier Liu He arrives in Washington on Tuesday for more talks aimed at averting a trade war. The United States wants China to give a timetable on how it will open up … Read More