Left Review Online July 15, 2024
Given the huge impact of the previous China-US trade war on American farmers, concerns over a new trade war seems to have haunted the market sentiment these days. Regardless of the outcome of the US election, the stance of Chinese soybean importers toward the US' trade war with...More
The so-called Hong Kong Human Rights and Democracy Act, which proposes to do away with the city's special tariffs status, goes against US economic interests. It is for political reasons that the White House has signed the vaunted bill into a law. The US wants to attack China's...More
Beijing. China and the US may still have a long way to go to end the trade war, with major differences remaining over the nature of the bilateral relationship, despite ongoing talks on a possible phase-one deal to defuse tensions, officials, business leaders and top experts said on...More
Kathmandu. Chinese exporters are adapting their strategies from diversifying their target markets to upgrading their offerings to cope with a harsh winter for global trade in which "survival of the fittest" is more true than ever. At the China Import and Export Fair, China's largest trade fair -...More
Beijing. A US decision to blacklist 28 Chinese entities, which was announced shortly before high-level Chinese and American officials meet in Washington for a new round of trade talks, is typical of the Trump administration's trade talk tactics and showed the US was seeking to benefit by further...More
Four decades ago, a small fishing village started groundbreaking reform and opening-up policies that changed the fate of China. Today, Shenzhen in South China's Guangdong Province is a technology powerhouse that's being asked once again to lead the country into a new era of high-quality growth. But beyond...More
If India blocks Chinese telecom giant Huawei from doing business in the country, it can only be seen as a signal by New Delhi that it's taking sides in China-US trade rivalry. "On the issue of Chinese enterprises participating in the construction of India's 5G, we hope the...More
Beijing. The Chinese economy grew by 6.3 percent year-on-year in the first half of the year. In the second quarter, it expanded by 6.2 percent from a year ago, the lowest growth rate in the past 27 years. While future of China-US trade war remains uncertain, the data...More
Beijing. China's GDP grew 6.3 percent year-on-year in the first half of 2019, slowing from 6.4 percent in the first quarter but falling within the annual target set by Chinese policymakers and surpassing those of other global economies. Given persistent downward pressure from the China-US trade war and...More
Beijing. China's State Council Information Office on Sunday issued a white paper titled China's Position on the China-US Economic and Trade Consultations, providing a comprehensive picture of trade talks with US and revealing how the US threw cold water on attempts at consensus, and went back on its...More
US tech firms, including Google, Intel and Qualcomm and Xilinx have reportedly cut off their supply deals with Huawei. There is no doubt that the Chinese tech giant is under pressure, but it has shown a strong will to resist the pressure, rather than throwing in the towel....More
Beijing. Chinese President Xi Jinping said that "we are on a new Long March now" during his inspection tour of Jiangxi Province this week and encouraged people to gain strength from the spirit of the Long March to overcome difficulties and obstacles, China's state media outlets reported on...More
White House Chief Economic Adviser Larry Kudlow said Sunday that both the US and China will suffer when questioned about who would pay the tariffs imposed by the US on Chinese imports in an interview on Fox News. Although he also argued that the effect on the US...More
The trade talks will continue between China and the US, but they are full of uncertainty. Clearly China's development, prosperity and entire destiny cannot depend on US goodwill. Growing stronger is the chief ingredient for China to defuse strategic pressures from the US and to safeguard the strategic...More
Notwithstanding the uncertain outcome of the ongoing China-US trade talks, Beijing has initiated a new round of opening-up since last year. Opening-up policies in various fields have already been formulated and implemented. For instance, tariffs on imports such as automobiles have been significantly reduced, and Tesla's factory has...More