It appears that Trump and Xi will meet at the G-20 in Osaka at the end of June, and it is becoming a meeting with significant implications, for the US-China trade negotiations and much beyond. The general vibe is of a hardening of positions on both sides. Knowledgeable pundits say the Chinese side cannot allow […]
Category: Politics & Society
China is breaking into Arctic transport through a joint venture between the country’s biggest ocean carrier, Cosco Shipping Holdings Co, and its Russian counterpart PAO Sovcomflot to move natural gas from Siberia to Western and Asian markets, reported the Wall Street Journal. The state-owned companies will operate a fleet of a dozen ice-breaking liquefied natural […]
China said it is speeding up the establishment of a credit-scoring system for market entities, vowing to stringently protect commercial secrets and personal privacy, according to a State Council announcement, said the Wall Street Journal. The Chinese cabinet agreed at the meeting that the country will establish, in accordance with the law, authoritative, unified and […]
China’s consumer prices rose 2.7% year on year in May, according to data from the National Bureau of Statistics, quickening from the 2.5% increase in the previous month, said the Financial Times. The rise was in line with estimates from economists polled by Reuters. Pork prices, a major component of the index, rose 18.2% with […]
US President Donald Trump has warned his Chinese counterpart that a new round of tariffs would be levied on the country’s goods if the two leaders failed to meet at the G20 summit in Japan, as trade tensions continued to simmer between Washington and Beijing, said the Financial Times. In an interview with CNBC, Trump said […]