China warned of ‘substantial’ trade war tariff increases by US President Donald Trump if deal is not reached

In a speech in New York, the US president reiterates that scheduled 15 percent tariffs will be imposed on December 15 if a deal is not reached Interim agreement expected to include a US pledge to scrap tariffs scheduled for … Read More

China announces it seeks ‘calm’ end to trade war, as markets tank and currency hits 11-year flatline

China signaled Monday it is now seeking a “calm” end to its ongoing trade war with the U.S. and President Trump voiced optimism about a deal, as Asian markets crumbled and China’s currency plummeted to an 11-year low following the latest tariffs on $550 billion … Read More

Economic clouds gather over Germany

posted in: European Union, News

Stormy times ahead for the eurozone’s economic powerhouse? -Getty Images Concerns are growing over the strength of Germany’s economy – the largest in the eurozone – following the release of more gloomy official figures. Industrial production in April fell by … Read More

Economic clouds gather over Germany

posted in: Germany, News

Stormy times ahead for the eurozone’s economic powerhouse? -Getty Images Concerns are growing over the strength of Germany’s economy – the largest in the eurozone – following the release of more gloomy official figures. Industrial production in April fell by … Read More

Marc Thiessen: Trump didn’t start this trade war, China did

Before President Trump announced that he was imposing 25 percent tariffs on hundreds of billions of dollars’ worth of Chinese goods, he got encouragement from an unlikely source: Sen. Charles Schumer, D-N.Y. The Senate Democratic leader, who has little good to say … Read More

All of the Reasons China’s Military Is a Paper Tiger

posted in: Far East, News

In appearance it is very powerful, but in reality it is nothing to be afraid of—it is a paper tiger.”—Mao Zedong on the United States, 1956 China’s rise over the past 30 years has been nothing short of spectacular. This … Read More

Trump’s trade war puts China’s once vaunted economy in real peril

Photo by: Ben Margot The Yang Ming shipping line container ship Ym Utmost is unloaded at the Port of Oakland on Monday, July 2, 2018, in Oakland, Calif. The Trump administration on Friday, July 6, 2018, will start imposing tariffs on $34 … Read More

China sets sights on ‘powerful home market’ to drive growth through 2019 trade turmoil

Leadership focuses on domestic agenda to suggest it is not caving in to US demands, analyst says China will try to develop “a powerful home market” to help offset external uncertainties next year, the country’s top leadership agreed on Thursday, … Read More

Trump’s policies could enable America’s economy to outpace China’s

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