China-us Trade War

Year in Review: A digest of all key global news developments in 2019

As the decade comes to a close and 2019 passes by, here is looking at the top international events of the year

China opposes US Space Force, says direct threat to outer space security

China's space program has advanced rapidly since its first crewed mission in 2003

US, China reach phase one trade deal; covers tariff relief, agri purchases

US President Donald Trump had launched the trade war with China last year demanding Beijing to reduce massive trade deficit.

China says US trade deal must be 'mutually beneficial' amid expectations

The interim "Phase 1" deal, which doesn't appear to cover major US-Chinese disputes, awaits final approval from President Donald Trump

China tariffs will rise 'even higher' if a deal is not sealed, says Trump

"If we don't make a deal with China, I'll just raise the tariffs even higher," he told reporters at the White House

Donald Trump says US, China to 'get back to the table' for trade talks

Trump said that Chinese officials had made two "very, very good calls" and that "they want to make a deal"

China to lift tariffs on US soybeans, pork amid trade war negotiations

The waiver comes amid negotiations between the United States and China to conclude a 'phase one' or interim deal to de-escalate a 17-month trade war between the two countries.

China tightens restrictions on American diplomats in tit-for-tat move

China urged US to correct its mistakes and revoke the relevant rules

Hong Kong set to record first budget deficit in 15 yrs, says finance chief

Financial secretary Paul Chan told lawmakers that the economy was set to contract 1.3 per cent in 2019 hitting the city's usually bulging coffers

China wants to work out an initial trade pact with US: Xi Jinping

Beijing and Washington should strengthen communication on strategic issues, Xi added

Huawei's Honor confident of survival despite ban on using Google services

Honor is working on a strategy to overcome the difficulties being faced owing to the ongoing US-China trade war and restrictions imposed on the company

Sino-US spat over Hong Kong autonomy knocks world stocks off 22-month highs

The mood in markets soured after the US Senate angered China by passing a bill requiring annual certification of Hong Kong's autonomy and warning Beijing against suppressing protesters

Foxconn posts 23% Q3 profit rise, forecasts marginal core business growth

Foxconn hopes to boost its gross profit to more than 10% in 3-5 years from 6-7% now, citing a "transformation" plan which includes investment in areas including making parts for electronic vehicles

Jewellery exports dip 5.4% in Oct over trade war, Hong Kong protests

The exports stood at Rs 26,010.87 crore in October 2018, according to data given by the Gems and Jewellery Export Promotion Council (GJEPC)

Corporate tax cut a consolation for benchmarks in volatile year

Sensex gained 12% while Nifty ended up 10% despite challenges such as the trade war andtrade war and economic slowdown

The clouds over 2020

The last few months have brought us an avalanche of downgraded forecasts from all international and private sector financial institutions and think tanks

L&T, Siemens: Nine Indian firms to gain from $550-bn Chinese export shift

Findings suggest that most firms surveyed would now prefer to shift manufacturing out of China even if the US reverses the tariffs

Emerging economies to continue to lead global growth: Euromonitor survey

Among the negative global factors which will continue to cast a shadow on growth will be tensions from the China-US trade war

Hope for manufacturing

Govt must follow up tax cuts with administrative reform

Could a US recession end the trade war?

In recent downturns, the US has been more willing than normal to cooperate with China in order to try to spur recovery