Vietnam’s trade deal with the United States averts the most punishing of Donald Trump’s “reciprocal” levies but analysts warned it could provoke a fresh standoff between Washington and Beijing.The …
Tagged By finance
Trump didn’t just cut a deal with Vietnam — he was targeting China, too
President Donald Trump announced a trade deal with Hanoi that would levy 20% on imports and a 40% tariff on transshipment from Vietnam.
‘China’s median wealth is 7x India’s’: Analyst says the global race isn’t even close
Total wealth figures expose the chasm. China now holds $84.5 trillion in assets, more than 5.5 times India’s $15.4 trillion. The U.S. still leads at $139.9 trillion, while Japan sits at $22.6 trillion …
Bad news for US as China is building giant ‘military city’, ten times bigger than Pentagon, even nuclear attack will….; is World War 3….
The Pentagon, which is the biggest office building in the world, will be outdone by China’s new military site that is over 4 kilometers wide.
China urges global unity on development financing at UN conference
Chinese President Xi Jinping’s Special Envoy and Minister of Finance Lan Fo’an delivers a speech at the United Nations Fourth International Conference on Financing for Development …
Beijing Braces for US Trade Deals That Aim to Shut Out China
The trade truce between Washington and Beijing may be holding for now, but China is increasingly wary about what’s happening elsewhere: US efforts to forge deals that could isolate Chinese firms from …
Judge says China’s Huawei Technologies must face criminal case for racketeering and other charges
A U.S. judge has ruled that China’s Huawei Technologies, a leading telecoms equipment company, must face criminal charges in a wide reaching case alleging it stole technology and engaged in …
China’s central bank tightens scrutiny on institutions purchasing gold, other precious metals worth 100,000 yuan or more
The People’s Bank of China, the central bank, recently issued a notice regarding new administrative measures for anti-money laundering and combating the financing of terrorism by precious metals and …
China’s real consumption ‘far from as low as it seems’ – think tank bucks market consensus
The consumption-volume gap between China and developed countries across various sectors is far narrower than mainstream metrics show, China Finance 40 Forum argues.
US judge says China’s Huawei Technologies must face criminal case for racketeering and other charges
During President Trump’s first term in office, his administration raised national security concerns and began lobbying Western allies against including Huawei in their wireless, high-speed networks.
China Emerging As Global Biotechnology Player
China’s biotech sector is rapidly advancing due to heavy R&D investment and a push for technological self-sufficiency. See the complete analysis here.
SPI, Bank of China (Thai) Ink Strategic MOU
Saha Pathana Inter-Holding Public Company Limited (SPI), a key company under the Saha Group, has signed a Memorandum of Understanding (MOU) with Bank of China (Thai) Public Company Limited (BOCT) to …
China outpaces rivals in Central Asia with new economic and political deals
China is increasingly becoming a strategic heavyweight in Central Asia following the second China–Central Asia Summit hosted in Kazakhstan, where the six presidents gathered to discuss future …
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