The US government has postponed an impending decision on the whether or not to impose additional tariffs on foreign made cars and car parts by a period of six months. According to reports, the decision was to be taken this Friday. Sources quoted in the media said that the move to postpone the...

Foreign direct investment in mainland China in January-April increased by 6.4% over the same period last year and amounted to 305.24 billion yuan (about $ 45.14 billion), according to the data of the Ministry of Commerce of the PRC. In April, foreign direct investment in China grew by 6.3% in...

The trade war between the United States and China was described as "a little squabble" by the US president President Donald Trump on Tuesday while also stressing the there was no collapse of the negotiations on trade between the two countries.   The global markets however remained concerned...

The International Energy Agency (IEA) lowered its estimate for oil demand growth in 2018 and 2019. This year, the world will need very little additional oil from OPEC, as growth in US production will offset reduced supplies from Iran and Venezuela, the agency said. Estimated growth in oil demand...

In May, the pessimism of international investors regarding the trade confrontation between the United States and China increased again. The mutual accusations of the parties and promises to increase import duties contribute to the growth of negative sentiment. However, investors are not in a hurry...

Even as the United States and China point tariff guns at each other, the two parties have agreed to continue their talks on trade according to the Chinese government.   US president Donald Trump said he thought most recent negotiation round in Beijing would be successful.   Earlier...

Last Tuesday, the San Francisco City Council began reviewing the bill, which prohibits shops, restaurants, cafes, bars and other retail outlets from denying cash payments. “I consider it unfair that a person who has only cash is refused to buy even a sandwich,” said Supervisor Vallie Brown, who...

The trade war with China was escalated by the United States as it increased import tariffs to 25% on Chinese goods worth $200 billion even as last ditch efforts are being conducted to salvage the ongoing trade talks between the two countries.   However, both Chinese and US trade negotiators...

Will the growth of the world economy suffer from the trade war between Washington and Beijing? This question causes serious concern to many politicians and economists, in particular, the director of the International Monetary Fund. Christine Lagarde believes that "tensions between the United...