The real change will occur when the ‘transition period’ – currently scheduled for December 31 2020 – comes to an end. Until then, the UK and the EU will remain blissfully insulated from the inevitable turbulence which Brexit will bring.
In the interest of “facts not fear”, China Focus has scoured social media accounts and reports to find some of the most dubious claims currently parading as facts, in an effort to debunk untruths surrounding the coronavirus.
To combat the growing epidemic, China’s Central Government has announced an additional 11.21 billion yuan (US$1.616) for public health service and epidemic prevention.
Given the rich commercial opportunities available during this time of year, international brands have increasingly looked to capitalize on the holiday, with companies such as Apple, Burberry and football giant Manchester United over the years releasing Spring Festival inspired products and advertisements to coincide with the celebration.
With unprecedented fires scorching much of Australia and the WEF working hard to push the climate debate to the top of the event’s agenda, the stage was well prepared for the so-called ‘Climate Showdown’ between Donald Trump and Greta Thunberg.
2020 follows on from a year in which the world’s economy grew at its slowest pace since the global financial crisis, and the continued rise of protectionist policies and trade disputes.
Tesla was the first foreign automaker to pivot to China’s fast-growing NEV market, but Volkswagen, BMW and Toyota have also issued a resounding vote of confidence in the sector.
As the dust settles on this most recent and severe crisis between the US and Iran, it appears that for now there is still life in the Iran nuclear deal, but it is hanging by a thread.
Though the United States remains Japan and South Korea’s most important trade and security partner, and an important trading partner of China, its actions in the region show it is acting out of step with the three, and appears more side-lined than ever before.
It is hoped that in the current climate of economic uncertainty and a worrying slowdown witnessed in global GDP growth, the FIL will alleviate [business] concerns, encourage investment into China and also reestablish confidence within the international business community.
In line with the age-old-adage that “success often begets success”, there is a renewed sense of optimism and hope that the Phase One deal is only the beginning of an increasingly stable and cooperative trading relationship.
Whilst the outcome of the 2019 General Election may be the first step towards uniting a bitterly divided British public over Brexit – it could also mark the first step towards the break-up of the United Kingdom.
