On May 30, the International Monetary Fund (IMF) stated that China’s GDP enjoyed a 6.8% growth in the first quarter. However, the IMF currently predicts decreasing growth, down to 6.6%, due to the Sino-American trade friction’s potential impact on the country’s trade. – Ziqing Zhang
As of May 21, Beijing announced that it would be purchasing additional American imports in the coming years after both the United States and China decided to “halt” the trade war — a conflict US President Donald Trump claims was sparked primarily by the large American deficit in their trade relationship. – Adriana Ray
As of May 29, following criticism over the recent years that Malaysian Prime Minister Najib Razak’s administration had allowed Beijing too much influence in agreeing to China’s One Belt One Road Initiative (BRI) projects, Mahathir Mohamad of Pakatan Harapan, an opposition party, won the early May election in a huge upset. – Adriana Ray
As of May 21, Beijing announced that it would be purchasing additional American imports in the coming years after both the United States and China decided to “halt” the trade war — a conflict US President Donald Trump claims was sparked primarily by the large American deficit in their trade relationship. – Adriana Ray
In early May of this year, United States President Donald Trump’s announced that the U.S. would be withdrawing from the denuclearization deal with Iran and re-imposing sanctions, sending shock waves through the world. Amidst the ensuing confusion, China has made it clear they intend to increase trade with …. Read More Here. – Adriana Ray
Las Vegas – FAO Global visited hundreds of booths from Chinese vendors at the National Hardware Show in Las Vegas in early May. Not only building new contacts, but our company was able to see what Chinese companies were seeking in the local market, issues they had, and how the impacts on steel tariffs were…
In the wake of political progress between North and South Korean leaders, a little Chinese town just over the Yalu River from North Korea has seen an unprecedented real estate boom. In the border city of Dandong, China, home prices for rent doubled from 3,000 yuan (USD$471.50) to 5,500 yuan (USD$863) in the two days before the inter-Korea summit between North Korean leader Kim Jung-un and South Korean President Moon Jae-In……Read More Here. – Adriana Ray
In a partnership expected to be announced early May, Chinese ride-hailing company Didi Chuxing and Volkswagen (VW), the world’s largest car manufacturer, will be become equity partners in a joint venture focused on ride-sharing. The two companies plan on perfecting a fleet of green vehicles, special models specifically for ride-sharing are…..Read More Here – Adriana Ray
Over Easter Weekend, (March 31-April 1) then CIA Director Mike Pompeo and other intelligence officials make a secret trip to North Korea as a representative for the Trump administration. The goal of the trip was to lay the groundwork for talks between Kim Jung-un,…..Read More Here – Adriana Ray
On Tuesday, April 19, Chinese leaders announced they will be loosening restrictions on foreign ownership of car manufacturers incrementally through to 2022. Current legislation does not permit foreign car manufacturers to own more than 50 percent of joint ventures with local companies…. Read More Here – Adriana Ray
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