Singapore has agreed to deepen its involvement in China’s now-infamous Belt and Road Initiative (BRI), the Straits Times reports, signalling a “new highlight” in the countries’ bilateral cooperation according to the Prime Minister Li Keqiang. During Singaporean Prime Minister Lee Hsien Loong’s five-day visit to China, a bilateral meeting of trade officials and business leaders […]
Category: Brief
President Trump has once again raised the bets on the deepening trade disputes between the US and China, saying late Thursday that his administration was considering a further $100 billion of tariffs on Chinese imports. The comments come just a week after the President unveiled a list of 1,300 new tariffs on manufacturing and electrical […]
Within 24 hours after President Trump signed in $50 billion worth of tariffs on Chinese technology and manufacturing products, Beijing has answered in kind. China has raised up to 25% tariffs on a list of 106 US goods covering a broad base of product types including the key US export soybeans. Whiskey, tobacco, corn, and […]
In a long-anticipated escalation of trade tensions between the US and China, the White House unveiled Tuesday a fresh list tariffs for 1,300 Chinese products in technological and manufacturing industries worth up to $50 billion of this year’s expected trade. The duties, of up to 25% in addition to existing measures, will hit goods that […]
China’s services sector grew at its slowest rate in four months in March, according to the Caixin China General Services Business Activity Index, hampered by slower new business growth and weaker business sentiment. The index, an aggregate indicator with an average, no-growth benchmark of 50, sank to 52.3 last month from February’s strong 54.2. Many […]