Hong Kong exports rebound despite Sino-US trade war – Asia Times
Hong Kong’s exports and imports rebounded in the first quarter of this year after a significant year-on-year decline in the same period of last year. The logistics hub saw its exports rise 11.9% to HK$1.06 trillion (US$135 billion) in the…
How China’s Cheap Exports Boost Its Economy And Kill Ours
China is flooding the world with cheap goods (aka dumping) to reboot its economy, threatening the jobs and survival of competing industries in other countries. This week, President Joe Biden, speaking to a group of union workers in Pennsylvania, called for increasing the U.S….
China’s vast exports are a threat to the world
Chinese authorities have used massive state support to expand strategically important industries like battery and EV production – STR/AFP via Getty Images We all know that China is a strategic rival to the United States and poses a threat to…
China sells more US Treasury bills as Fed signals low interest in rate cuts
Worries over security and a further delay to expected interest rate cuts by the Federal Reserve have depleted Beijing’s appetite for US Treasury bills, and its position as the second-largest foreign holder of the financial instruments could be taken by…
China sells more US Treasury bills as Fed signals low interest in rate cuts
Worries over security and a further delay to expected interest rate cuts by the Federal Reserve have depleted Beijing’s appetite for US Treasury bills, and its position as the second-largest foreign holder of the financial instruments could be taken by…
Yellen says US working to mitigate risks to global economy
By Andrea Shalal WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen on Tuesday said stronger-than-expected U.S. economic growth had helped power the global economy, and Washington was working to mitigate remaining risks to the global outlook and ensure sustainable long-term…