Could the US and Europe’s Tariff Battle Start a New Trade War?
“For years, Europe has been providing massive subsidies to Airbus that have seriously injured the US aerospace industry and our workers.” Lighthizer said.
Oct 12, 2019
“For years, Europe has been providing massive subsidies to Airbus that have seriously injured the US aerospace industry and our workers.” Lighthizer said.
Oct 12, 2019
With the US economy appearing to be on the brink of recession, and the US presidential elections taking place in a little over a year, President Trump is facing significant pressure to get a deal done.
Oct 10, 2019
But most disappointing was the United States continued retreat into environmental isolation, having been so proactive just a few years before.
Sep 26, 2019
The government, as well as the wider ranks of parliamentarians, still have to decide what to do about Britain’s contentious membership of the European Union (EU).
Jun 11, 2019
Though a decade has passed since the 2008 global financial crisis, the world has not fully emerged from its shadow. Instead of aiding the weak economy to recover, the policies adopted by Western countries have created new hidden perils and sowed the seeds for another financial crisis. Worse still, the domino effect of the 2008 global crisis is still alive and is affecting emerging markets and developing economies, resulting in a protracted downturn in the world economy. The economy shortly rebounded in 2009, then entered a period of slow growth dubbed a “new mediocre” by International Monetary Fund (IMF) chief Christine Lagarde, with the growth rate stuck at 3.5 percent. Δ Demonstrators call for banking reform at a rally to mark the 10th anniversary of the 2008 financial crisis, outside the Royal Exchange building in London, Britain, on September 15 (VCG). In 2017, it rebounded from recession again, with an actual growth of 3.76 percent. The IMF expects global growth to tick up to 3.9 percent this year and next. But despite the upswing, the favorable conditions will not last for long, and the growth would inevitably bend toward a weaker longer-term level. In fact, the growth in recent years benefited mainly from stimulus policies; the cornerstone of economic endogenous growth is still fragile. Lurking threats The 2008 financial crisis […]
Oct 8, 2018
A trade deal between the European Union and the U.S. is said to be in the works, causing a temporary relaxation of tensions between the two.
Aug 2, 2018
The 7th China-EU High-level Economic and Trade Dialogue is expected to promote bilateral economic and trade ties to a new stage, and inject new impetus to China-EU comprehensive strategic partnership.
Jun 25, 2018
Structural reforms will be the key point of observation in the coming annual sessions of the National People’s Congress and the National Committee of the Chinese People’s Political Consultative Conference (CPPCC), often called the “two sessions” in China.
Mar 4, 2018
Many interested parties kept a close eye on the British Prime Minister Theresa May’s official visit, wondering how what is often referred to as “Golden era” in China-UK relations will unfold under a new British prime minister, following David Cameron’s departure.
Feb 23, 2018
The US, as a member of WTO, has no authority to judge whether another WTO member (China, for instance) is a market economy. On the other hand, no other WTO members are trying to grant or refuse the US market economy status.
Dec 6, 2017
Some Western media commented that the “16 + 1” Cooperation has sparked resentment and suspicion among the EU institutions and the old Europe, believing that China is splitting the EU. The article responds to that.
Dec 5, 2017