On Tuesday, US officials stated that Chinese authorities have taken the first steps towards implementing the first phase of the trade deal negotiated between the two countries, who represent the world’s largest economies, earlier this month. The deal took effect on February 14, and Chinese leaders have since lifted import

Global manufacturing is set to suffer a new setback after a short-lived steady period due to the outbreak of the coronavirus in China. China’s isolation will have a measurable effect on the global economy in February, according to analysts. The recent expansion may not be sustained in the coming months

China, a vital economic center, is currently facing a national epidemic as the coronavirus has infected thousands of Chinese citizens and killed hundreds. As the situation worsens, the rest of the globe is experiencing a ripple effect as a result of China’s struggling economy. The virus has now infected more

Lebanese security forces clashed with protesters in Beirut on Monday and Tuesday, using tear gas, rubber bullets, and water cannons against demonstrators gathered near a bridge. In the past few months, anti-corruption protests have plagued Lebanon’s security and stability, however, this group of protesters were supporters of two Shiite groups

President Trump has agreed to a limited trade deal with China after prolonged negotiations caused economic tensions between the two countries. The agreement will reduce existing tariff rates on Chinese goods and effectively cancel new levies that were set to take effect on Sunday. On Thursday, Trump met with trade

The World Trade Organization was shut down on Tuesday at midnight, as the terms of two of the last three judges of the appellate body ended. Their departure effectively deprives the de facto Supreme Court of world trade of its ability to issue rulings, leaving the court to face what

Capital investment by Chinese firms has reached its slowest pace in three years amid the Hong Kong protests. Factors contributing to this lack of capital investment include a weakening economy, tight credit, and ongoing trade war with the US, resulting in dented sales growth and cash reserves. Analysts expect the

South Korea announced on Friday that it would not suspend its intelligence-sharing deal with Japan in a last-minute reversal. This may signify a breakthrough after months of tensions. The announcement may have been influenced by Washington, which has pressured the two Asian allies to maintain the pact. The General Security

The Chinese commerce ministry stated on Tuesday that they would strive to reach an initial trade agreement with the United States. Gao Feng, spokesman for the ministry, told reporters that China is willing to work with the US to resolve concerns on mutual respect and equality. Gao believes that a

Tencent’s stock dropped 2.3% amid the Hong Kong protests on Thursday, making it the worst performer on the Hang Seng Index (HSI), while Alibaba celebrates massive earnings from China’s “singles day.”  While Alibaba and Tencent remain two of China’s most valuable tech companies, Tencent is suffering while Alibaba stock has