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

Europe’s economy is getting hit from all sides

Europe’s economy turned in its best performance in decades in 2017. There won’t be a repeat anytime soon. Growth is expected to slow dramatically this year as Europe grapples with new trade barriers, uncertainty over Brexit and political spats that … Read More

Russia, China warn U.S. of ‘consequences’ of ‘playing with fire’

posted in: News, Russia

Peoples’ Liberation Army (PLA) soldiers arrive to perform honor guard duties for a visiting head of state in Beijing on July 9, 2018. File Photo by Stephen Shaver/UPI Sept. 21 (UPI) — China and Russia reacted strongly Friday to another round … Read More

Trump asks aides to press ahead with $200 billion in tariffs on Chinese goods

(CNN) President Donald Trump is urging his administration to move ahead with slapping tariffs on $200 billion of Chinese goods, according to a person familiar with the plans. The timing of an announcement remains unclear. Trump met with top aides earlier this … Read More

Trump Accuses China Of ‘Vicious’ Trade Tactics As Tariffs Battle Escalates

WASHINGTON (AP) — President Donald Trump on Wednesday accused China of “vicious” tactics on trade as he prepared for tough negotiations with European leaders in an escalating trade battle among world powers. Trump tweeted that China was specifically targeting U.S. … Read More

How China plans to push back against Donald Trump in ‘economic cold war’

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

Tariffs on Chinese goods now in effect

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

How sustainable is the China-South Korean thaw?

posted in: Far East, News

South Korean President Moon Jae-in (L) and Chinese President Xi Jinping during a signing ceremony at the Great Hall of the People in Beijing on December 14, 2017. Photo: AFP/Nicolas Asfouri With North Korea apparently coming in from the cold, … Read More

Once a Trump Favorite, Harley Now Feels the Pinch From Trade War

Bike maker will shift production from U.S. due to EU tariffs. President tweets he’s surprised the company has surrendered. Not long ago, President Donald Trump pointed to Harley-Davidson Inc. as an example of what was going to go right for manufacturing in … Read More

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