October 14, 2020
Via: FortuneOn Tuesday, data from China’s General Administration of Customs showed a surge in imports and exports in September, with 13.2% and 9.9% growth year on year, respectively. The strong uptick shows how Beijing is navigating the politics of a post-pandemic […]
September 16, 2020
Via: FortuneOn Tuesday, the World Trade Organization ruled that tariffs the Trump Administration imposed on Chinese imports in 2018 are a violation of international trade rules—handing China a symbolic victory in the prolonged trade war. But the ruling is unlikely to […]
August 25, 2020
Via: FortuneThe U.S. and China are finally talking. On Tuesday, trade negotiators from the U.S. and China spoke over the phone to review progress on phase I of the trade deal, according to government officials in both countries. The disclosures eased […]
July 9, 2020
Via: CNBCYou’ve heard about the trade war with China. There may be a separate, potential “financial war” brewing. The Securities and Exchange Commission wants you to know more about what is happening with Chinese companies that list in the United States. […]
February 6, 2020
Via: FortuneChina will halve tariffs on some $75 billion of imports from the U.S. later this month, reciprocating a U.S. action and likely satisfying part of the interim trade deal. The cut will be effective from 1:01 p.m. on Feb. 14, […]
February 5, 2020
Via: The New York TimesWASHINGTON — The overall United States trade deficit shrank last year as the American economy cooled and President Trump waged an aggressive global trade war to rewrite America’s trading terms. The trade deficit for both goods and services fell to […]
January 17, 2020
Via: FortuneChina’s gross domestic product grew 6.1% in 2019, the country’s slowest rate of economic growth since 1990. The GDP was in line with the official target range of 6% to 6.5% for 2019, a year where economic growth was marred […]
January 15, 2020
Via: TimePresident Donald Trump is expected to sign “phase one” of a U.S.-China trade deal Wednesday—marking a cooling of the trade war that has roiled markets and upset supply chains around the globe. On paper, the deal will enhance Intellectual Property […]
December 11, 2019
Via: FortuneThe Federal Reserve is set to leave its benchmark interest rate unchanged Wednesday and will likely signal that it expects rates to remain low well into next year despite a robust job market. Many economists have said they think sluggish […]
December 3, 2019
Via: FortuneFor months, investors’ eyes have been glued to large-cap indexes like the S&P 500 and the Dow Jones industrial average for signs of further life in the current bull market. But as of last week, small caps might be the […]
Finance Tech, Industries, Others, Trading
November 15, 2019
Via: FortuneU.S. farmers have paid a steep price during Washington’s months-long trade war with Beijing, losing almost two-thirds of their exports to China. Now, however, there is hope as trade talks—with U.S. agriculture squarely in the center—seem to be closing in […]
November 11, 2019
Via: ABC NewsShares around the world fell Monday as hopes for a breakthrough in the trade war between the United States and China diminished after President Donald Trump said Washington had not agreed to gradually roll back tariffs as negotiations progress. Hopes […]
November 6, 2019
Via: ABC NewsU.S. stocks wobbled between small gains and losses in early trading Wednesday and major indexes hovered around record highs as investors digested the latest batch of corporate earnings. Investors have been focusing on mostly solid corporate earnings and encouraging economic […]
October 28, 2019
Via: ABC NewsWashington, D.C., has dangled hotel discounts tied to the Chinese Lunar New Year. Arizona has promoted its outdoor attractions to draw visitors during another popular Chinese holiday. San Francisco has expanded its social media presence on Chinese apps to market […]
October 21, 2019
Via: ABC NewsStocks moved broadly higher on Wall Street Monday as investors watch the latest corporate earnings and developments in the U.S.-China trade war. China’s top negotiator said over the weekend that “substantial progress” was being made in its talks with the […]
October 18, 2019
Via: FortuneChina released a raft of economic data Friday morning, but the headline figure was 6%. That’s the rate of GDP growth in the third quarter as compared to the same period last year, and it’s lower than the 6.1% growth […]
October 14, 2019
Via: TimeBEIJING (AP) — China’s trade with the United States fell by double digits again in September amid a tariff war that threatens to tip the global economy into recession. Exports to the United States, China’s biggest foreign market, fell 17.8% […]
October 7, 2019
Via: CNBCThe risk of a recession is rising, and the main threat to the economy is the Trump administration’s ongoing trade war, according to a panel of economists surveyed by the National Association for Business Economics released Monday. “The rise in […]
Finance Tech, Industries, Manufacturing, Trading
October 1, 2019
Via: Market WatchU.S. stocks gave up early morning gains to trade lower Tuesday morning after the Institute for Supply Management’s survey of U.S. manufacturers showed the sector falling deeper into contraction, as President Trump’s trade war with China drags on. What are […]
September 27, 2019
Via: CNBCU.S. consumers are getting increasingly anxious about the trade war with China despite a recent thaw in the tensions ahead of the trade talks next month. The University of Michigan’s Surveys of Consumers showed in September a near record number […]