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

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

Why China and the US are fighting over 5G

5G has been making headlines recently. It came up in a White House memo leaked in January that argued creating a nationalized 5G network was the only way for the US to protect itself from Chinese security threats. Though lawmakers quickly dismissed the idea as an infringement on the private sector—”We’re not Venezuela,” said one … More Why China and the US are fighting over 5G

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

Blocked MoneyGram Deal Limits Alipay’s Global Ambitions

Alipay operator Ant Financial’s proposed $1.2 billion purchase of Dallas-based money transfer firm MoneyGram was finally blocked by the Committee on Foreign Investment in the United States (CFIUS), a U.S. government inter-agency regulatory body. Ant Financial was unable to convince the committee, even with three filings for approval, that Ant Financial would be able to … More Blocked MoneyGram Deal Limits Alipay’s Global Ambitions

Which U.S. States Are Engaging Best With Chinese Tourists

With China now the world’s most important tourist source market, U.S. cities and states need to be able to reach out to Chinese tourists to cultivate and maintain their brands abroad. However, most states have done quite poorly so far in this endeavor while others are embracing Chinese web and social media resources. Essential to … More Which U.S. States Are Engaging Best With Chinese Tourists

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