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.
2019-04-29 08:35:00 Monday ET
IMF chief economist Gita Gopinath predicts no global recession with key downside risks at this delicate moment. First, trade tensions remain one of the key
2019-06-19 09:27:00 Wednesday ET
San Francisco Fed CEO Mary Daly suggests that trade escalation is not the only risk in the global economy. Due to the current Sino-U.S. trade tension, the g
2019-07-27 17:37:00 Saturday ET
Capital gravitates toward key profitable mutual funds until the marginal asset return equilibrates near the core stock market benchmark. As Stanford finance
2019-03-19 12:35:00 Tuesday ET
U.S. tech titans increasingly hire PhD economists to help solve business problems. These key tech titans include Facebook, Amazon, Microsoft, Google, Apple,
2019-06-21 13:33:00 Friday ET
Amazon and Google face more intense antitrust scrutiny. In recent times, Justice Department and Federal Trade Commission have reached an internal agreement
2020-09-10 08:31:00 Thursday ET
Most business organizations should continue to create new value in order to achieve long-run success and sustainable profitability. Todd Zenger (2016)