China Is Studying Yuan Devaluation as a Tool in Trade Spat

China is evaluating the potential impact of a gradual yuan depreciation, people familiar with the matter said, as the country’s leaders weigh their options in a trade spat with U.S. President Donald Trump that has roiled financial markets worldwide. Senior Chinese officials are studying a two-pronged analysis of the yuan that was prepared by the … More China Is Studying Yuan Devaluation as a Tool in Trade Spat

American tech sector frets as US-China trade tensions simmer

As US-China trade tensions ratchet up, the technology sector is fretting over the potential for collateral damage to one of America’s most important export industries. The tech industry is not directly affected by the new tariffs unveiled by the Trump administration which aim to target Beijing for unfair trade practices failure to protect intellectual property. … More American tech sector frets as US-China trade tensions simmer

American Retail Industry Fearful As Trade War Escalates

The trade war initiated by the Trump Administration escalated Wednesday April 4 with China adding tariffs on an additional 106 products worth up to $50 billion annually. The new tariffs mostly target basic agricultural products, including pork, soybeans, cotton, and wheat, but also include plastics, whiskey, tobacco, and vehicles. These new tariffs build on an … More American Retail Industry Fearful As Trade War Escalates

US Details 25% Tariff On $50B Chinese Imports, Including Electric Cars, Medicine

The U.S. government under Donald Trump has published a list of about 1,300 Chinese exports that could be hit with 25% tariffs. The tariffs would apply to about US$50 billion worth of goods, ranging from electric cars to education material. The tariffs won’t go into effect right away. The U.S. administration said it will hold … More US Details 25% Tariff On $50B Chinese Imports, Including Electric Cars, Medicine

Tourism Features Prominently in Beijing’s Strategic Long-term Middle East Goals

In China’s quest for global influence, the Middle East has increasingly taken on increased importance. This is in part an effort to acquire strategically important natural resources, namely fossil fuels. However, fundamentally this new Middle East focus is also an effort to facilitate the consolidation of Chinese economic and political influence globally, China’s Belt & … More Tourism Features Prominently in Beijing’s Strategic Long-term Middle East Goals

Sino-U.S. Trade War: What the Travel Industry Needs to Know

It has been a long time coming, and now it finally happened: the United States is imposing tariffs on as much as $60 billion worth of Chinese goods, and China swiftly retaliated with a proposal to impose tariffs on $3 billion worth of U.S. goods. While it still remains unclear where this will eventually take … More Sino-U.S. Trade War: What the Travel Industry Needs to Know

Why Chinese Tourism to the United States is Safe from a Trade War

With President’s Trump decision to defy opposition from his own party and proceed with stiff tariffs on imported steel and aluminum in the name of protecting U.S. industry and national security, the question of a trade war is once again relevant. In response to the new tariffs, China announced that it’ll take “effective measures to … More Why Chinese Tourism to the United States is Safe from a Trade War

Mr Trump, as you ponder a China trade war, count the US$33 billion Chinese tourists spent in America

As the administration of Donald Trump ponders how best to launch its trade war with China, maximising impact on China and minimising cost to politically important voters at home, it could do worse than pause to think about tourism. And as he and his henchmen like Robert Lighthizer fulminate about merchandise trade deficits, he may … More Mr Trump, as you ponder a China trade war, count the US$33 billion Chinese tourists spent in America

What Trump’s Odd Comment on China Trade Reveals

No Donald Trump trip would be complete without a shocking quote, and this week in Beijing, at the Great Hall of the People, the president obliged. After declaring the economic playing field between China and the U.S. “one-sided” and “unfair,” he continued with a big “but”: “I don’t blame China,” Trump told the audience of … More What Trump’s Odd Comment on China Trade Reveals

How The US Subsidized China To Produce Eco-Unfriendly Solar Panels

The US is about to fire another salvo in the international trade war, and this one may actually make sense. That’s because the US government will, if President Trump approves, help an industry it almost destroyed a few years ago. And stranger yet, this policy puts the Trump administration and environmentalist groups on the same … More How The US Subsidized China To Produce Eco-Unfriendly Solar Panels