Trade war: U.N Worried On Implications For Global Shipping
The United Nations Conference on Trade and Development (UNCTAD) has raised concerns over the impending implications of the trade war between United States and China, on the shipping industry.
According to the Review of Maritime Transport 2018...
Trade War: China Not Afraid Of Extreme Measures
China is not afraid of “extreme-measures” the United States is taking in their trade war and will use it as an opportunity to replace imports, promote localisation and development of high-tech-products.
The State media said on Wednesday in...
China’s ZTE Groans Under American Ban
China’s ZTE Corp has said that an American ban on the sale of parts and software to the company was unfair and threatens its survival.
However, the company vowed to safeguard its interests through all legal means.
The United States this...
Trade War Unsettles Stocks in US, China
The trade war ignited by U.S President Donald Trump against China has caused a dip in the stock markets of both countries.
The Dow Jones industrial average dropped more than 700 points as investors worried that trade tensions between...
IMF’s Lagarde to Trump: No Winner in Trade War
The International Monetary Fund’s Managing Director Christine Lagarde has said that nobody wins in a trade war and that the macro-economic impact of U.S. tariffs on imports would be serious if other countries respond with tariffs...