The United States and China have agreed to reduce tariffs for three months, easing tensions in their ongoing trade war. In a surprising twist, the United States and China have decided to cool down their heated trade battle, agreeing to cut tariffs for the next three months. This move comes after months of back-and-forth in which both countries slapped hefty taxes on each other’s goods, causing worry about empty shop …
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Compared to its other export industries, China’s cleantech industry is much less vulnerable to Donald Trump’s planned tariffs, write Lauri Myllyvirta and Hubert Thieriot from Dialogue Earth Clean energy technology – particularly the so-called new three of solar power, batteries and electric vehicles – emerged as an important source of growth in China’s exports in 2023. Thanks to booming markets at home and abroad, clean energy has become a key driver… …
Amid the hustle of last week’s CIIE – the world’s largest import expo and China’s stage for promoting foreign imports – Donald Trump’s re-election was the talk of the town. While America’s choice may not have surprised some, the ramifications remain as unclear and unpredictable as the President-Elect himself, as this analysis from China Skinny explains Although Trump’s re-election will be felt globally, few countries are likely to be affected …
Jim McGregor, chairman of APCO Worldwide’s Greater China region and longtime China resident, gives CBBC his view on the upcoming US election and the implications for US-China relations. At the time of writing, the final result of the US election remains in the balance. The future of US-China relations will be a top foreign policy priority for whoever emerges victorious. Biden Win In the event of the most likely outcome:… …
The remarkable shift in global politics of recent years came to a head on Tuesday this week (22nd September) when Chinese President Xi Jinping and his U.S. counterpart Donald Trump both spoke in pre-recorded messages to the 75th session of the United Nations General Assembly. Xi’s speech to a large extent echoed his famous speech at Davos in 2017. Once again, he sought to portray China as a leading proponent of… …
An unforeseen consequence of the ongoing trade war between China and the USA is a potential rise in pollution in China this winter. As China’s policy makers aim to boost China’s economic performance following an economic downturn blamed on the trade war, they have said “bye bye” to pollution control as they dial up the output of factories to ten. Previous plans to curb steel production and coal use in …
No one is looking like backing down in the ongoing trade war but as warning shots are fired, the consequences could come hard and fast, writes Tom Pattinson Friction between the world’s two largest economies continues after Vice President Mike Pence accused China of meddling in the upcoming US Mid Terms. Russian interference in US elections “pales in comparison” with Chinese meddling, he claimed, following similar accusations by US President …