Trade War

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How Government Contracts Became Next Trade War Front

A celebration to commemorate the 90th anniversary of the founding of the Communist Party of Vietnam. VNA News Agency/Latin America News Agency President Donald Trump’s trade war with China was a bruising exercise that tanked business investment, weighed down manufacturing, and resulted in a stop-gap deal that will probably help out…

GettyGoldman Sachs' coronavirus base case expects the outbreak's rate of infection to peak in the first quarter. The virus' effect on China's economy will only drive a "modest hit" to annual global growth of 0.1 to 0.2 percentage points, the bank said. The estimated hit to GDP would still allow…

PHOTO: Medical workers work in the ICU of Zhongnan Hospital of Wuhan University in Wuhan, central China’s Hubei Province, Jan. 24, 2020. (Xinhua/Xiong Qi) Chinese WHO delegate warns of “deliberately creating panic” over Novel coronavirus 2019-nCoV The U.S. is needlessly whipping up panic over the Novel coronavirus 2019-nCoV, China's government…

Here is another monthly update on framing lumber prices.   Lumber prices declined sharply from the record highs in early 2018, and have increased a little lately. This graph shows two measures of lumber prices: 1) Framing Lumber from Random Lengths through Jan 24, 2020 (via NAHB), and 2) CME…

BEIJING (Reuters) - China’s factory activity expanded at its slowest pace in five months in January, even as an outbreak of a new virus added to risks facing the world’s second-largest economy, a private survey showed on Monday. Employees work at the production line of aluminium rolls at a factory…

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Reliable analyst Ming-Chi Kuo is out with a new note today that includes a prediction for exactly how much coronavirus will impact iPhone shipments for the current quarter, as well as how the entire smartphone market might be affected for the first half of the year. As the situation around…

Hong Kong (CNN)The number of confirmed cases of the Wuhan coronavirus is nearing 12,000, as the epidemic continues to spread worldwide, sparking travel bans and outbreaks of ugly anti-Chinese xenophobia. According to Chinese health authorities, the number of confirmed cases grew by 2,102 on Friday, bringing the total to 11,791…