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

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

China reiterates support for RCEP trade talks

The Chinese Foreign Ministry has re-iterated its firm stance on the joint promotion procedure surrounding Regional Comprehensive Economic Partnership (RCEP) negotiations. Once accomplished, the RCEP become a 16-state free trade zone covering a population of 3.5 billion people – approximately 39 percent of the world’s population – and a combined Gross Domestic Product (GDP) of … More China reiterates support for RCEP trade talks

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

Chinese foreign trade ends two-year downward trend

China saw its total import and export trade volume increase by 14.2 percent in 2017, ending two years of negative growth in the process. Rising global demand and the improved economic situation within its borders both contributed to the growth of the country’s international trade. According to statistics released by the General Administration of Customs … More Chinese foreign trade ends two-year downward trend

China’s Misguided Tourism Ambitions for French President’s Visit

French President Emmanuel Macron is making his first state visit to China from Monday to Wednesday this week, in what both French businesses and Chinese authorities hope will be a productive visit in promoting trade and improved EU-China relations. While certainly not explicitly focused on tourism, the visit brings with it the ambitions of tourism … More China’s Misguided Tourism Ambitions for French President’s Visit

Britain Does What America Won’t: Open Skies with China

Brexit has created substantial concerns about the British economy and its place in the world. Currently, the Tory government is currently in triage mode. Britain had an ideal agreement with the EU, where they could both maintain currency independence and take advantage of the inter-connectivity of the European economy. Given Britain’s precipitous economic standing, maintaining … More Britain Does What America Won’t: Open Skies with China

ASEAN Summit: PM Modi gears up for multiple bilateral engagements; key focus on ‘quadrilateral alliance’

Indian Prime Minister Narendra Modi on Monday is set to hold a series of bilateral meetings with the leaders of three countries – US, Japan, Australia – to discuss matters related to the ‘quadrilateral’ strategic alliance. It has been learnt that a meeting between officials of the four countries was conducted on Sunday, just hours … More ASEAN Summit: PM Modi gears up for multiple bilateral engagements; key focus on ‘quadrilateral alliance’

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

Donald Trump and Xi Jinping unveil US-China trade deals and outcomes of Beijing talks

US President Donald Trump and his Chinese counterpart Xi Jinping have witnessed the signing of deals worth US$253 billion following formal talks in Beijing, making the US head of state’s visit to China one of the most fruitful for Chinese and US businesses in terms of the value of agreements struck. Read More