Trade War

Large Chunks of a Chinese Rocket Missed NYC By About 15 Minutes (arstechnica.com) Posted by BeauHD on Tuesday May 12, 2020 @06:02PM from the disaster-averted dept. An anonymous reader quotes a report from Ars Technica: A week ago, China launched the newest version of its largest rocket, the Long March…

Illustration picture showing U.S. dollar and China's yuan banknotesBEIJING (Reuters) - China announced on Tuesday a new list of 79 U.S. products eligible for waivers from retaliatory tariffs imposed at the height of the bilateral trade war, amid continued pressure on Beijing to boost imports from the United States.China's finance…

BEIJING (Reuters) - Hawkish voices have emerged in China seeking a reevaluation of its Phase 1 trade deal with the United States, with some advisers urging fresh talks, a state-controlled tabloid said, citing sources close to the Chinese government. FILE PHOTO: The flags of China, U.S. and the Chinese Communist…

Apple has shifted about 30% of its AirPod production to Vietnam as it looks to diversify given trade wars and pandemics. Apple (NASDAQ:AAPL) is beginning to shift some of its AirPods production to Vietnam and out of China, according to a recent report.  Citing unnamed sources, the Nikkei Asian Review…

The two countries said on Friday — Thursday night, Washington time — that their top trade and financial officials had held talks via conference call, their first since the coronavirus pandemic ballooned in late January. Although President Trump had suggested this week that the White House would take a skeptical…

Here's What You Need To Remember: Trump has pushed companies to scatter their factories around the world, furthering the deindustrialization of China. The process looks irreversible, and so America will win the trade war. On Sunday, the Communist Party’s most important journal expounded on Sino-U.S. relations in advance of the anticipated…

Mumbai: The rupee depreciated 9 paise to close at 75.72 against the US dollar on Wednesday, following a strong American currency overseas and fears of a renewed trade war between the US and China. Forex traders said the weakness in the rupee was largely due to the strengthening of the…

A man wearing a face mask is seen under a bridge of Yangtze river in Wuhan after the lockdown was lifted in Wuhan, capital of Hubei province and China's epicentre of the novel coronavirus disease (COVID-19) outbreak. PHOTO: REUTERS LONDON: Equities rallied on Tuesday as investors cheered a further easing of…

Need to Know Published: May 9, 2020 at 3:38 p.m. ET Cruel summer. AFP via Getty Images Sell in pandemic May and go away? That is a fair question, as a six-month period that has traditionally been unfavorable for stocks gets under way, with painful coronavirus baggage piled on top.…

SET falls amid renewed trade war fears published : 5 May 2020 at 13:34 The Stock Exchange of Thailand (SET) index opened the week on a bearish note as confidence was dented by the US president's comments and fears of a renewed trade war with China over the origins of…