China’s all-consuming focus on sealing a US trade deal forced its top trade negotiator to cancel a trip to Brussels, raising the risk of Europe being pushed “off a cliff”, according to the head of a leading European business group in Beijing. Read Here – South China Morning Post
The EU has agreed to a Brexit extension to 31 January 2020, with the option for the UK to leave earlier if a deal is ratified, clearing the way for opposition parties to back a general election. After a 30-minute meeting of European ambassadors, Donald Tusk, the president of the European council, said the EU27 had […]
The real problem with the phase one accord announced on October 11 is the basic structure of the deal into which it presumably fits. From trade to currency, the approach is the same – prescribing bilateral remedies for multilateral problems. Read Here – Project Syndicate
In 1996, Jiang Zemin became the first Chinese head of state to visit India, underscoring the journey the two Asian neighbours had made since their 1962 border war. His successor Hu Jintao came calling in 2006. However, when you compare that to Xi Jinping’s three visits to India in the past five years – the […]
The trade war seems like the simplest explanation for China’s diminishing economic growth. The White House has slapped tariffs up to 25% on a $550 billion basket of U.S.-bound exports and Chinese exports to the U.S. dropped 22% in September. But while U.S. China hawks would no doubt like to take credit for dinging Beijing’s economy, […]
E-bills, e-signature, the electronic transfer of funds – advancements in technology are bringing about remarkable changes in the business landscape, domestically and internationally. All this change is facilitating the faster movement of goods across borders and forcing governments to keep pace. Negotiations for regional trade agreements have proved an important forum for government consultation about […]
Chinese President Xi Jinping’s visit to India next month might look like a landmark moment in the warming of relations between the two countries. But look a little closer and one seemingly intractable obstacle remains: Xi’s signature Belt and Road Initiative. The plan remains a thorny issue in relations. Read Here – South China Morning […]
Between US President Donald Trump’s zero-sum disputes with China and Iran, UK Prime Minister Boris Johnson’s brinkmanship with Parliament and the European Union, and Argentina’s likely return to Peronist populism, the fate of the global economy is balancing on a knife edge. Any of these scenarios could lead to a crisis with rapid spillover effects. […]
The pervasiveness of clothing made in China in U.S. markets is certainly one of the things that comes to mind when talking about the balance of trade between the two nations. But there is a hidden price tag on all the clothing that is made in China. It’s a considerable sum—and growing—that is skewing the […]
Chinese companies appear to be trying to dodge the tariffs imposed by the United States as part of a punishing trade war by redirecting their shipments through Cambodia. China’s exports to Southeast Asian country have been steadily rising since start of trade war. Meanwhile, Cambodia’s exports to US in first three months of 2019 rose […]
