» 11/16/2016, 08.59
Yuan value falls, bad and good for the US
The renminbi fell to 6.86 against the US dollar, its lowest value in eight years. Depreciation favors Chinese exports. For Trump (and Obama) China is a "currency manipulator". But with a diving Chinese yuan, capital transfers abroad increase.
07/04/2017 14:21:00 USA - CHINA
Trump and Xi meet, a summit of 'friendship'
Dinner in honor of the Chinese guests took place at the same time as the attack on the Syrian base. Both the two presidents need to show that the meeting was a success. But the steps China needs to take will be very costly.
29/07/2009 CHINA – UNITED STATES
US and China planning new world financial system to save themselves from crisis
In Washington the United states agrees to cut its deficit and maintain a stable dollar as China agrees to reduce its reliance on exports and open up its financial markets. According to experts, in view of their interdependence China and the US plan to grow together.
18/07/2017 15:12:00 CHINA
Xi Jinping wants more imports and foreign investment
The Chinese president said that foreign firms should be able to benefit from the same treatment as Chinese companies. At the World Economic Forum in Davos, Xi stood as a defender of free trade and globalisation against Donald Trump's protectionism, but foreign companies operating in China complain of obstacles they face to do business in that country.
10/02/2017 09:06:00 CHINA-US
First "friendly" phone call between Trump and Xi Jinping. "One China" reaffirmed
The two have decided to work together in areas of "mutual interest". Reaffirming the principle of the one China defuses a source of unrest and possible wars. The conversation took place a few hours after the arrival of Shinzo Abe in the US.
20/11/2009 CHINA – UNITED STATES
US Congress threatens sanctions over China’s yuan
After Obama’s requests and the silence of China’s leaders, there is no sign that war over the value of the yuan is over. For some economists, Beijing’s monetary policy is helping the US contain inflation whilst making it easier for the world to pull itself out of the current crisis. For others, it is destroying the manufacturing capacity of the rest of the world whilst enslaving much of China’s population.
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