China has just applied new tariff exemptions for certain imports coming from the United States. After some time, China and the United States finally put forth a concrete Phase One trade deal. Critics and onlookers have been wary and hopeful for a potential deal for both super economies. Right after, China announced new tariff exemptions for certain product imports coming … Read More
JP Morgan Expands into China
American multinational investment bank and financial services holding company JP Morgan is finally expanding into China. The largest bank in the United States is about to cross the seas and get bigger. China’s Securities Regulatory Commission finally gave the nod to JP Morgan. The approved permit will allow for JP Morgan Securities China Company Limited to start operating. The CEO … Read More
Pentagon Puts China as the Top Military Priority
The United States’ Pentagon has put China on top military priority. China has taken the place of Russia as the top priority. On the economic front, the United States and China have painted a picture of cooperation and progress. Both sides have been saying that the trade deals are moving down the right path. However, things seem farther from the … Read More
China Threatens Germany if Huawei 5G is Pulled
China has threatened Germany if they were to follow through on pulling the Huawei 5G technology. China threatens retaliation if Germany pulls Huawei Technologies Co. from being the suppliers of the latest 5G wireless technology. The threat was not wholly empty though. The Chinese ambassador brought the millions of German cars being sold in China into the picture. He stated … Read More
China Eyes Macau as Next Hong Kong
China is eyeing Macau as its financial center akin to Hong Kong. It is no secret what has been happening in Hong Kong over the past few months. Protests have been raging ever since the extradition was brought onto the table. Since then, protests have been escalating at a maddening pace. With how crazy it has gotten, the world has … Read More
Recent Survey Reveals Japanese Youth Low on Aspirations
A recent survey revealed that young Japanese citizens have low levels of hopes and aspirations. This survey was done by the Nippon Foundation. They interviewed over 9,000 citizens under the age of 18 in nine countries. The overall status of the survey shows that the younger generation in Japan have a bleak outlook on their country’s future. It is quite … Read More
China Exports Continue to Fall
The exports of China have continued to fall this month. This marks the fourth straight month where China’s exports have decreased. Chinese exports to the United States showed another decline this month. The exports have declined by 1.1%. People may see this figure and scoff at it. However, when people realize that the exports have been declining for the past … Read More
China Orders Removal of Foreign Hardware and Software
The Chinese government has ordered their companies to remove all foreign hardware and software. They have given their companies a total of three years to do so. The removal of all of this tech is another consequence of the on-going trade war between China and the United States. The trade war between the two countries has been going on for … Read More
China Incursions Near Japanese Islands Hit Record Number
China’s incursions to Japanese islands have hit record numbers. This year alone, China has gone into Japan-exclusive waters more than 1,000 times. Tension is in the air (and in the water) this year. China has aggressively been navigating its ships into Japan’s waters. These include government ships and even China’s own coast guard ships. The number of times it has … Read More
America Passes Uighur Bill Against China
The United States has just passed the Uighur Bill. This bill will allow for sanctions to be placed on Chinese officials that have been harming the Uighur population. It comes as no surprise that the United States House of Representatives voted favorably for the Uighur bill. Just recently, they also showed overwhelming support for the Hong Kong Human Rights and … Read More