by stefanie | Sep 19, 2018 | World Focus
Just as forewarned, China has responded to Trump’s additional tariffs with its own hefty set of duties on $60 billion (€51.2 billion) worth of US products. As the South China Morning Post reveals, China has retaliated to new US tariffs by “announcing its own...
by stefanie | Sep 18, 2018 | City News
Responding to Donald Trump’s additional tariffs, China has warned it would have no choice but to take ‘synchronised counter measures’. In the latest twist to the on-going trade conflict between the two global superpowers, the Chinese Ministry of Commerce made the...
by stefanie | Sep 17, 2018 | City News
With the news that President Donald Trump has advised aides to go ahead with additional tariffs on Chinese products, the possibility of a trade war truce suddenly seems more remote. As Bloomberg reports, “the Chinese government is considering declining the offer of...
by stefanie | Aug 13, 2018 | City News
A former advisor to the People’s Bank of China has been warning that China’s trade war with the US could result in “capital outflows and currency depreciation”, as the South China Morning Post reports. Yu Yongding, who is also a senior researcher with the Chinese...
by Owen Collins | Aug 6, 2018 | Around the Industry
IDC China has published research showing the impact of the USA’s new tariffs on $34 billion (€29.4 billion) worth of Chinese imports, and the escalating trade war that followed. The recently-enforced additional tariffs are having a particular hit on the Asian...