Top negotiators from China and the United States at trade talks in Beijing on March 29, 2019. Nicolas Asfouri | AFP | Getty Images The US and China have agreed to return to the negotiating table in the coming days to review the progress of their “phase one” trade agreement, …
Read More »Maersk income Q2 2020
Maersk containers aboard the Hammonia Husum container ship as it leaves the port of Portsmouth. (Photo by Andrew Matthews / PA Images via Getty Images) Andrew Matthews | PA images | Getty Images Maersk, the largest container company in the world, hit profit expectations in the second quarter on Wednesday, …
Read More »US-China tensions ‘not useful’ for Hong Kong amid coronavirus pandemic
U.S.-China tensions are not good for Hong Kong, the city’s secretary for commercial and economic development said, urging everyone to recognize that the world’s common enemy ‘is the coronavirus pandemic. “We are … seeing US-China tensions escalate, which is beneficial for Hong Kong, as well as for trade between the …
Read More »Singapore announces another $ 5.8 billion to boost its coronavirus-hit economy
The Singapore government has allocated another $ 8 billion ($ 5.8 billion) to support the economy coming under pressure from the coronavirus pandemic, Deputy Prime Minister and Minister of Finance Heng Swee Keat said on Monday. “The resulting economic impact has been serious,” Heng, who is also coordinating economic policy …
Read More »China risks losing Taiwan “forever” because of its actions in Hong Kong, says strategist
China may never “reunite” with Taiwan now that the central government in Beijing has tightened its control over Hong Kong, one strategist said Monday. “In a way, the huge price that China is paying for Hong Kong is actually Taiwan,” David Roche, president and global strategist at Consulting Independent Strategy, …
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