2019-01-04 11:41:00 Fri ET
technology antitrust competition bilateral trade free trade fair trade trade agreement trade surplus trade deficit multilateralism neoliberalism world trade organization regulation public utility current account compliance
Chinese President Xi JingPing calls President Trump to reach Sino-American trade conflict resolution. Xi sends a congratulatory message to mark 40 years since the progressive normalization of diplomatic relations between China and America. In fact, cooperation is the best choice for both sides in light of bilateral trade history. As Xi politely urges the Trump administration to compromise on the bilateral trade standoff, Xi seeks to avert the unilateral U.S. imposition of hefty tariffs on Chinese goods. The reconciliatory gesture serves as a mild response to the previous Trump trade battle plan of raising 10%-to-25% tariffs on $200+ million Chinese goods.
Trump tariffs are detrimental to the Chinese economy because the Shanghai-and-Shenzhen composite stock market indices plunge double-digits with subpar 6.5% real GDP growth in 2018. During the current 90-day trade truce, both teams hope to reach an eventual trade agreement that would benefit both countries as early as possible. Both presidents express sincere goodwill to implement Sino-U.S. trade concessions made on the G20 summit sidelines in 2018Q4.
As U.S. trade rep Robert Lighthizer characterizes the risks of allowing China to join the World Trade Organization, trade alone cannot douse the flames of international rivalry, whereas, economic prosperity often contributes to bilateral conflict.
If any of our AYA Analytica financial health memos (FHM), blog posts, ebooks, newsletters, and notifications etc, or any other form of online content curation, involves potential copyright concerns, please feel free to contact us at service@ayafintech.network so that we can remove relevant content in response to any such request within a reasonable time frame.
2017-12-11 08:42:00 Monday ET
Fed Chair Janet Yellen says the current high stock market valuation does not mean overvaluation. A stock market quick fire sale would pose minimal risk to t
2017-09-13 10:35:00 Wednesday ET
CNBC reports the Top 5 features of Apple's iPhone X. This new product release can be the rising tide that lifts all boats in Apple's upstream value
2017-08-25 13:36:00 Friday ET
The U.S. Treasury's June 2017 grand proposal for financial deregulation aims to remove several aspects of the Dodd-Frank Act 2010 such as annual macro s
2025-07-01 13:35:00 Tuesday ET
In recent times, financial deglobalization and asset market fragmentation can cause profound public policy implications for trade, finance, and technology w
2019-04-23 19:45:00 Tuesday ET
Income and wealth concentration follows the ebbs and flows of the business cycle in America. Economic inequality not only grows among people, but it also gr
2018-08-07 07:33:00 Tuesday ET
President Trump sounds smart when he comes up with a fresh plan to retire $15 trillion national debt. This plan entails taxing American consumers and produc