US-China trade war: bad for business is just the beginningUS-China trade war: bad for business is just the beginningSince the time of Adam Smith and David Ricardo, mainstream economic theory has held that free trade is the best policy for all and that trade wars are mutually destructive. Yet with the US and China escalating their threats of tariffs on each other’s goods, the probability of a full-blown trade war

China announces retaliatory tariffs on $34 billion worth of US goods, including agriculture productsChina announces retaliatory tariffs on $34 billion worth of US goods, including agriculture productsIn a quick response to US tariffs, Beijing announced on Friday its own duties on American products, including the politically sensitive a…

The Pros and Cons of Trump-Kim Summit in China’s perspectiveThe Pros and Cons of Trump-Kim Summit in China’s perspectiveFor China, the prospect of a peaceful and prosperous Korean peninsula falls in line with China’s goal, provided North Korea retains its …

‘Give ZTE the death sentence’ say senators as White House vows to resist repeal of Donald Trump’s deal‘Give ZTE the death sentence’ say senators as White House vows to resist repeal of Donald Trump’s dealUS Senators demanded a “death sentence” for ZTE Corp. late on Wednesday as they encouraged the passage of an amendment that will repeal…

Donald Trump vows to pursue aggressive trade action in ‘coming weeks’ against ChinaDonald Trump vows to pursue aggressive trade action in ‘coming weeks’ against ChinaUS President Donald Trump has pledged to hit China with aggressive trade action “in the coming weeks”, signalling that he will not back…

What really came out of the Trump-Kim summitWhat really came out of the Trump-Kim summitHopes for peace were palpable as they radiated out of Singapore. Given the real fears just six months ago that the US and North Korea wer…

68 years versus ‘one minute’68 years versus ‘one minute’Sixty-eight years ago, the Korean People’s Army under Kim Il Sung’s command began to gather their forces around the 38th parallel north…