The recent tariff assault initiated by the United States on Chinese imports, which sparked a prompt retaliation by China, has left global investors worried. For emerging markets, reeling under the impact of the strong dollar, rising US interest rates and an end to accommodative monetary policy globally, the news of trade wars between the titans […]
“This is a pretty serious situation for the North Korean leader, and this also may explain the relative quiet that we’ve seen from North Korea since the US presidential election. They may very well be inward looking right now and trying to figure out how to get through the next few months.”
In March, China had applied similar Covid-19 inspection measures for frozen goods imported from Vietnam. In September it announced a one-week suspension of all frozen food imports from suppliers whose products test positive for Covid-19 and permanent suspension if their products test positive three times in a month.
Both companies have pushed back on the suggestion that they would allow forced labor in order to keep their suppliers. Coca-Cola released a statement saying that the company “strictly prohibits any type of forced labor in our supply chain” and used third-party auditors to ensure that their standards were being upheld. The last audit, which […]
Kudlow also said the Trump administration still wants to negotiate with China, but only if Beijing is serious about having substantive discussions about free trade, reducing tariffs, non-tariff barriers, opening markets and allowing the United States to export more goods and services to the country.
As Trump and Kim continue their feud, people in the U.S. and elsewhere have expressed fears over a potential conflict between the U.S. and North Korea. Trump threatened to “totally destroy” North Korea if it forced the U.S. to defend itself or its allies during his first address to the United Nations in late September. […]
While talks between the two military commanders is expected to take soon, there appears to be no change in China’s position at the border. The manner in which the Chinese PLA is sending in reinforcements, it does not appear that the standoff is going to die down anytime soon.
The splintering of the global tech supply chain that began during President Donald Trump’s watch looks set to persist under his successor.Apple Inc., the largest of the many tech giants that rely on Chinese factories to make their gadgets, will move some production of its iPads and MacBooks to Vietnam. Key assembly partner Hon Hai […]
WASHINGTON: The Trump administration is poised to add China’s top chipmaker SMIC and national offshore oil and gas producer CNOOC to a blacklist of alleged Chinese military companies, according to a document and sources, curbing their access to U.S. investors and escalating tensions with Beijing weeks before President-elect Joe Biden takes office.Reuters reported earlier this […]
The Tibet Autonomous Region (TAR) government has also accepted a pre-feasibility study report, prepared by the Huadong Engineering Corporation, for a 640 MW dam at Dagu. China has, so far, begun construction on one 510 MW dam on the main stream on the middle reaches of the river, at Zangmu, which lies 18 km downstream […]