01 Feb 2019

Trump hails China trade talks progress and says he will meet Xi Jinping soon

At a meeting with Chinese vice premier Liu He at the White House, US President Donald Trump has stated that after two days of negotiations, the United States and China are on their way to reach the “biggest deal ever made”. Trump also said that he would have one or even multiple

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18 Dec 2018

Ex-CIA director: It’s a tech war, not a trade war

Michael Morell, former acting director of the CIA, has characterized the ongoing China-U.S. trade war as a “an escalating technological cold war…not centered on tariffs and trade…[but] involves both China’s use of technology to steal information and the theft of technology itself.” In the area of telecommunications, Morell warns that

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03 Dec 2018

Factbox: Contrasting Chinese, U.S. statements on trade war agreement

China and the US came to a limited agreement over the weekend concerning the ongoing trade war between the two countries. Each country, however, presented the agreement in a different way. These differences in interpretation or presentation are important, as massive portions of the economy rely on the negotiations that

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14 Nov 2018

Property bubble fears rise as China struggles with trade war

Concerns over the highest vacancy rate in the world and a cooling economy dealing with a trade war has sparked concerns of an impending bubble in the Chinese housing market. A recent report from China’s largest state-backed investment banks has forecasted that 2019 could be a “year of recession” in

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27 Sep 2018

Xi Jinping says trade war pushes China to rely on itself and ‘that’s not a bad thing’

Chinese President Xi Jinping is working hard to boost confidence and prepare the country politically for the fallout of the ongoing trade war with the U.S. Trying to balance its “opening up” policy with an emphasis on self-reliance, Xi has emphasized the importance of developing technology, agriculture, and other sectors

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20 Sep 2018

Alibaba’s Jack Ma cancels promise of 1 million US jobs, says people should prepare for 20 years of China-U.S. trade war

Alibaba’s co-founder Jack Ma has cancelled his promise of establishing 1 million jobs in the US due to the ongoing trade war. This trade war, he stated, will last for decades and prevent significant partnership growth between the countries. Given the trade war, he has argued that China should instead

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23 Aug 2018

Chinese tariffs: Next round set to hit $16 billion of goods today

The U.S. is implementing 25% tariffs on another $16 billion of Chinese goods today. China is expected to implement a parallel set of tariffs for the same amount on chemical items and diesel fuel. Representatives from the motorcycle industry, electric bicycle industry, food equipment manufacturers, and chemical companies organized to

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06 Aug 2018

China depletes its ammunition belt with latest tariff threat on liquified natural gas

China is running out of American goods to target for sanctions, as new tariffs on liquified natural gas demonstrate that China is turning to American products that play a significant role in the Chinese economy. China has already targeted 80% of U.S.-imported goods, while the U.S. has only targeted just

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20 Jul 2018

Californian high-tech company partners with China to build a hyperloop transportation system

HyperloopTT, high-tech transportation company in California, has announced a partnership with a remote Chinese city to build a 6 mile length of hyperloop, a vacuum-sealed tunnel in which travelers are propelled inside capsules. Such partnerships and deals are unlikely to receive warm welcome from the U.S. Government at the current

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19 Jul 2018

Chinese consumers ready to boycott US goods, survey shows

A recent consumer survey found that 54% of Chinese consumers polled across 300 Chinese cities would “probably” or “definitely” avoid U.S. products in response to continued U.S. tariffs on Chinese goods. Chinese state media has proven effective in encouraging consumers to avoid goods from certain countries, with a recent boycott

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