by Sarah Cowgill | Dec 3, 2018 | Articles, Business News, Economic Affairs News, International, International, Politics, Trump Administration
After months of escalating tensions in worldwide trade and incessant bickering between the U.S. and China, a two-hour steak dinner at the G20 Summit in Argentina has soothed two savage egos and resulted in a temporary cease-fire on tariffs. The diplomatic encounter...
by Archived Author | Nov 28, 2018 | Articles, Politics
When Chairman Deng Xiaoping took over the Chinese Communist Party in 1978, he made a steep right turn away from Maoism toward a market economy. He assured the old guard communists that this wasn’t capitalism but “socialism with Chinese characteristics.” With President...
by Mark Angelides | Apr 11, 2018 | Economic Affairs News
When President Trump first began talking about trade deficits on the campaign trail, many were skeptical; he would, of course, be battling long-standing traditions of trade imbalance. And when he recently announced that China needed to reduce the inequality by $100...