Read more about Trump admin slams China s Huawei, halting shipments from Intel: Report on Business Standard. The action - likely the last against Huawei Technologies under Republican President Donald Trump - is the latest in a long-running effort to weaken the world s largest telecom equipment maker
Read more about Beijing blasts Trump admin for imposing new sanctions on Chinese firms on Business Standard. Spokesman Zhao Lijian told a press briefing that China firmly opposed the United States repeated sanctions against Chinese firms
WASHINGTON, Jan 15 US President Donald Trump’s trade war with China has caused a peak loss of 245,000 US jobs, but a gradual scaling back of tariffs on both sides would boost growth and lead to an additional 145,000 jobs by 2025, a study commissioned by the US-China Business Council (USCBC).
January 15, 2021
On Dec. 30. the EU and China agreed in principle on a deal that will govern their bilateral investment going forward.
The Comprehensive Agreement on Investment (CAI) was first proposed in 2012, as Europe increasingly saw its economic future in Asia (pdf), and sought out deeper ties with Beijing. Their relations have taken a hit since then, poisoned by the US-China trade war and a crackdown on civil liberties in Hong Kong and Xinjiang. Many this writer included thought the CAI would fall victim to these tensions.
But that didn’t happen. Chinese president Xi Jinping got involved to move the talks forward and German chancellor Angela Merkel committed to reaching a deal by the end of 2020.