The Trade War Begins

As of 12:01am on Friday (July 6) morning, the trade war between the United States and China began in earnest. The American government began to collect tariffs on $34 billion worth of goods, which was immediately followed by the Chinese government’s equivalent response of tariffs on 545 goods including beer, seafood, dairy and automobiles. The tariffs are the culmination […]

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Chinese Tops in USA Real Estate 4th Year in a Row

An online auction of multi-million-dollar properties around the world — including one on Lake Winnipesaukee — is targeting wealthy Chinese real estate buyers. The Chinese have been the biggest foreign buyers of American real estate in recent years, and Concierge Auctions sent people to China to market the dozen-plus properties. In a news release, Conciege Auctions […]

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Will the USA Invoke the Monroe Doctrine?

The establishment of diplomatic relations between China and Panama in June 2017 could be a big boost for the Central American country’s agricultural sector, a senior Panamanian official has said. Agriculture is a crucial part of the Panamanian economy, employing 17 percent of the workforce but facing major challenges. In a recent interview, Panama’s deputy […]

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The Death of the Petro Dollar

China will launch crude oil futures on March 26, as the world’s second largest economy moves to gain pricing power over commodities. After years of false starts, the crude futures contract will make its debut at the Shanghai International Energy Exchange (INE), the China Securities Regulatory Commission (CSRC), the country’s top securities regulator, announced Friday. […]

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Cutting Red Tape Bolsters Economy

Some 21.6 million companies were registered in the past five years in China, thanks to the government’s push for entrepreneurship and innovation to bolster growth. Since China introduced mass entrepreneurship and innovation policies in 2014, more than 4,200 new hackspace companies have been created, serving over 120,000 start-up businesses and raising over 5.5 billion yuan […]

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38 Firms Debut on China’s “New Third Board”

China’s National Equities Exchange and Quotation (NEEQ), also known as the “new third board,” saw 38 new small and medium-sized enterprises this week. The newcomers brought the total number of companies on the board to 11,625, according to the NEEQ data. Weekly turnover on the board stood at nearly 3.3 billion yuan (about 520 million […]

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France Seeks Active Role in Belt and Road

China stands ready to work closely with France to enhance cooperation including that under the framework of the Belt and Road initiative, President Xi Jinping told visiting French President Emmanuel Macron in Beijing yesterday. Xi said China attached importance to coordination with France on major international issues in the hope of promoting world stability and […]

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Foreign Status Equal to Chinese

The Shanghai Free Trade Zone has rolled out new measures to create a favorable environment for business and woo foreign tech talent, local authorities said on Monday. Market supervision authorities in the zone, which is located in the Pudong New Area, announced a 20-point regulation to improve the business environment, said Zhang Jianhua, deputy director […]

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