Hong Kong’s government showed its first signs of cracking on Tuesday when Chief Executive Carrie Lam withdrew the controversial extradition bill. Yet even though she removed the legislation which sparked several months of protests, the action is unlikely to quell...
For a year now, the two largest economies have been engaged in a trade war that has slowed economic growth in both countries but has also been detrimental to the global economy. People are rarely cognizant of the economy’s intricacies....
In May, the bellwether investment bank Goldman Sachs decided to slash its exposure to Emerging Markets. Rising trade tensions between the US and China were blamed for the move. “We have scaled back overweight exposure to EM (emerging market) currencies...
For three decades, China had been on the rise. With its economy continuously growing, the country reappeared in the circles of international relevance. China was the nation that would cease American dominance and reshape the world into a bipolar one....
Chinese markets are continuing to trend downward as conflicting reports emerged last week over the possibility of the American and Chinese negotiators resuming trade discussions. Last week in particular was rather eventful in regards to the trade dispute for a...
The People’s Liberation Army Navy (PLAN) is moving quickly towards the launch of its amphibious landing ship or LHD (landing helicopter dock) Type 075, currently under construction in Shanghai by the Hudong-Zhonghua Shipbuilding Company (subsidiary of the China State Shipbuilding...
In last April, the Hong Kong government attempted to pass a law that aimed at allowing the extradition of criminals within its territories to mainland China. The government’s efforts to adopt the law were soon scrapped as massive protests began...
Yang Jiechi, director of the Chinese Communist Party’s Foreign Affairs Office, travelled to the US on Tuesday 13 where he met with State Secretary Mike Pompeo. While the topics of their talks remain confidential, in reporting the news given by...
Following US President Donald Trump’s announcement of more tariffs on Chinese products, Beijing took the rare measure of devaluing its currency. The yuan slipped to 7.0136 on Friday after falling to 7.0039 on Thursday. This week marked the first time...
As protests continue in Hong Kong, government officials and economists question the impact on the economy. For the city that was built on trade, and quickly became an epicenter for global markets, Hong Kong’s economy is already showing signs of...
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