US businesses responded with alarm to President Donald Trump’s announcement of wide-ranging tariffs on imports from China, warning that they would raise costs for American consumers and risked provoking a damaging trade war. Business groups from a range of industries expressed a common view: they...
But foreign investment may be withdrawn after it earns money in China. At the same time, we will also produce a large amount of foreign exchange, enough to buy resources, energy, products and technology from abroad. As a result, a large number of US dollars have gone, and the renminbi ...
Israel not being able to defeat Hamas. After that, Hezbollah. Then Iran. And at the end, if it would come to that, confronting the entire Muslim world. Russia would choose the Muslim side. China would pick Russia’s side. OPEC countries would cut the oil supply. ...
The emergence of an opposition leader who speaks the US language of democracy and humanitarian principles has provided the US and western states a renewed appetite for taking control and exploiting those oil reserves and, at the same time, keeping Russia and China at bay. Venezuela: Humanitarian ...
The Shanghai Communique was a joint statement issued by the United States and China in 1972, following a visit to China by President Richard Nixon. It signaled a major shift in US-China relations, ending decades of hostility and opening up diplomatic and economic channels between the two nation...
France, Russia and China have undergone momentous revolutions. Stable nations like Sweden and Switzerland have had to change their forms radically. Even Great Britain, most stalwart of nations, has limited sharply the power of its monarch and its House of Lords. Only the United States, adhering...
中美贸易摩擦(Sino-US trade friction)Chinese factors have promoted the rise of the United States On November 15th, President Obama paid a state visit to china. How to avoid trade friction between China and the United States is also an important topic of Obama's trip. Some people in the ...
*This US policy – highlighted by the eagerness to conclude another accord with Iran’s Ayatollahs, who threaten the survival of every pro-US Arab Sunni regime – has pushed Egypt, Saudi Arabia. the United Arab Emirates and Bahrain closer to China and Russia. ...
China is the world's largest producer, and processor, of 17 elements that are key ingredients in smartphones, airplanes, medical devices, and military gear.
The chart below shows the other currencies magnified. And their shares of the total have been rising over the years. The exception is the Chinese RMB. China is the second largest economy in the world, yet its currency plays only a small and declining...