China has insisted that it will not succumb to US pressure to change its industrial policy nor offer major concessions on the bilateral trade deficit. A Chinese government official close to the high-level trade talks with America said that Washington should not set any preconditions for negotiations, adding that China had sufficient strength to fight to […]
Trust is an economic variable sounded like an echo swirling around Wuhan’s East Lake in China as President Xi Jinping was hosting last Friday and Saturday Indian Prime Minister Narendra Modi for an “informal,” “heart-to-heart” summit. Read Here – CNBC
Chinese President Xi Jinping met with Indian Prime Minister Narendra Modi in Central China, saying he expected their two-day informal meeting will open a new chapter in bilateral ties. Welcoming Modi’s visit to Wuhan, capital of Central China’s Hubei Province, Xi said in the past three years, he and Modi have established a good working […]
China will be keen to woo India away from a US alliance against Beijing when Indian Prime Minister Narendra Modi meets Chinese President Xi Jinping for informal talks in Wuhan this week, diplomatic observers said. The two days of talks starting on Friday come as China faces threats of US trade action and India seeks to […]
The fifth icy age has descended on China–Australia relations—cooling business, frosting diplomacy and chilling strategic perspectives. China has put Australia into diplomatic ‘deep freeze’. China speaks of ‘a growing lack of mutual trust’, accusing Australia of ‘systematic, irresponsible, negative remarks and comments regarding China’. Australia concedes ‘tensions’ while blaming ‘misunderstandings and mischaracterisations’. Read Here – The Strategist
China’s investment flows into the United States face a bleak outlook as a result of mounting bilateral economic conflicts and US attempts to limit access for Chinese capital, a new report warns. The US was working on stricter scrutiny to restrict access because of national security concerns, the Rhodium Group said in a report. Read […]
Is there anyone in the world who has known as many international leaders as the Queen? Theresa May might be her 13th prime minister, but that pales into numerical insignificance when one adds up all the Commonwealth leaders she has met. In the independent realms where she is, or has been, head of state she […]
Chinese President Xi Jinping announced plans on Tuesday to open up the Chinese economy, including lowering tariffs for autos and other products and enforcing the legal intellectual property of foreign firms. Xi’s comments come amid escalating trade tensions between China and the U.S. as the world’s two largest economies take turns announcing punitive trade measures against each other. Read Here – CNBC
As Cui, China’s man in Washington, suggests, Xi’s team is now “looking at all options.” While Trump doing his worst with tariffs is worrying, the idea of Xi pulling the plug on the dollar is positively terrifying. Trump must remember that even though he runs the biggest economy, Xi holds the deed. Read Here – […]
Over the past five decades or so, Asia’s economies have relied largely on an export-oriented development model to support rapid economic transformation and growth. But with US President Donald Trump fulfilling his promise to adopt a more protectionist approach to trade — an effort that could spur retaliatory measures by other countries — that model is […]
