The recent imposition of tariffs by the Trump administration on imports from Canada, Mexico, and China has reignited concerns about the potential economic impacts of such trade policies.
Tag Archives: China
The ‘Perfect Storm’: High Rates, China Fears and Stock Market Volatility
As we move through the second half of 2023, the global stock markets seem to be caught in a difficult situation. With the U.S. Federal Reserve’s unwavering stance on high interest rates and China’s faltering economic indicators, investors are sailing through choppy waters.
Chinese Economy Faces New Concerns Amidst Banking Industry Stress
In recent developments, the robustness of China’s shadow banking industry has come under scrutiny as one of its largest private wealth managers and real estate developers, Zhongzhi Enterprise Group Co., has defaulted on payments for several high-yield products. With assets totaling 1 trillion yuan ($138 billion), the impact of this misstep is sending ripples throughout the financial sector.
The Rise of PetroYuan: Challenging the Dollar’s Dominance in Global Trade
In recent times, there have been fascinating developments as China intensifies its efforts to challenge the dollar and establish the yuan as a global currency, also known as the PetroYuan. This shift in power dynamics is marked by several significant events that we will explore in this analysis.
Kuka AG Reports a Stellar Full Year 2021 on the Wings of Skyrocketing Demand for Its Automated Systems
Source: Dreamstime | Author: DeltaStock
Reading time: 2 minutes
The global automation company, mostly known for making robots and automated guided vehicles, posted a record-setting fiscal year as the effects of the pandemic start to gradually recede and businesses across the world once more have sufficient budgets to either semi-automate or fully automate their line of work.
How the coronavirus in the “factory of the world” struck down the global business – part 2
In the first part of the article we examined the effect of the coronavirus COVID-19 in China has on some of the neighbouring countries. In this we will turn our attention to the industries reaching far beyond China.
Since China produces all kinds of goods and components for other goods, the quarantine in Wuhan, which is a significant industrial and transportation hub, as well as the overall transport limitations, inevitably affect the production of almost everything – from smartphones, through automobiles, to medications.