FILE – An American flag is flown next to the Chinese national emblem. A new study by longtime China experts in the U.S. has concluded that Beijing is engaging in an increasingly aggressive campaign to influence and shape perceptions about China held by American politicians, university scholars and students, as well as executives at major…
Getty Images US President Donald Trump says he is likely to go ahead with an increase on tariffs currently imposed on Chinese goods at the start of 2019. The comments to the Wall Street Journal come as he is expected to meet China’s Xi Jinping on the sidelines of this week’s G20 summit. Mr Trump…
A Benjamin Franklin US 100-dollar banknote and a Chinese 100-yuan banknote depicting late Chinese chairman Mao Zedong are seen in a photo illustration, Jan. 21, 2016. ~Reuters Under pressure from a slowing economy, rising tariffs and skittish investors, China’s government appears to be considering looser controls on the value of the yuan. On Oct. 31,…
Donald Trump’s statement of a possible “great deal” between Washington and Beijing that came out of the blue on October 30 may come true after months of tensions over a US-China tariff spat. Speaking to Sputnik, CCTV editor Tom McGregor has shared his views on the diplomatic “chess game” between Xi and Trump. Asian shares…
George Magnus says America’s new trade agreement with Mexico and Canada contains two provisions – limiting currency manipulation and trade with a ‘non-market economy’ – drafted with China in mind, and could be used as a template for future accords. US President Donald Trump’s stance on trade may be the most protectionist since the 1930s…
U.S. Secretary of State Mike Pompeo, left, shakes hands with Chinese Foreign Minister Wang Yi before their meeting at the Diaoyutai State Guesthouse in Beijing, Monday, Oct. 8, 2018. Pompeo said Monday that he and North Korean leader Kim Jong Un made “significant progress” toward an agreement for the North to give up its nuclear…
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 of U.S. government sanctions, with Moscow warning the Trump administration against “playing with fire.” The…
A truck carries a shipping container from China Shipping at the Port of Oakland on June 20, 2018 in Oakland, California. Photo by Justin Sullivan China has fired back at the United States after President Donald Trump ramped up the trade war with his biggest wave of tariffs yet. The Chinese government said Tuesday that…
The Swedish crown strengthened after an election in the country on Sunday that saw support for the nationalist Sweden Democrats surge. An emerging market currency index dipped more than 0.4 percent on Monday after booking its biggest weekly loss in three weeks last week. The Australian dollar edged lower, last trading at $0.7100, pinned near…
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 Democrats in Congress) are celebrating the good economic news. There is quiet rejoicing in many…