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.
2023-12-07 07:22:00 Thursday ET
Economic policy incrementalism for better fiscal and monetary policy coordination Traditionally, fiscal and monetary policies were made incrementally. In
2020-06-03 09:31:00 Wednesday ET
Lean enterprises often try to incubate disruptive innovations with iterative continuous improvements and inventions over time. Trevor Owens and Obie Fern
2025-09-24 09:49:53 Wednesday ET
Stock Synopsis: With a new Python program, we use, adapt, apply, and leverage each of the mainstream Gemini Gen AI models to conduct this comprehensive fund
2017-11-24 08:41:00 Friday ET
Is Bitcoin a legitimate (crypto)currency or a new bubble waiting to implode? As its prices skyrocket, bankers, pundits, and investors increasingly take side
2019-07-21 09:37:00 Sunday ET
Facebook introduces a new cryptocurrency Libra as a fresh medium of exchange for e-commerce. Libra will be available to all the 2 billion active users on Fa
2019-06-01 10:33:00 Saturday ET
Top tech firms such as Google, Intel, and Qualcomm suspend Android services to HuaWei as the Trump administration blacklists the Chinese company. HuaWei can