Tag Archives: Phase one trade deal

‘Challenging times’ for Boeing, but 737 MAX key to restoring China confidence

Boeing has long found itself entangled in the long running trade tensions between Beijing and Washington, but restoring confidence in its key Chinese market is still dependent on the return of the grounded 737 MAX, analysts said.China Eastern Airlines flight MU5735, which crashed in the Guangxi autonomous region on Monday, …

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Was the US-China phase-one trade deal a ‘historic failure’, and what’s next?

When did the US-China trade war start?During his 2016 presidential campaign, Donald Trump promised to reduce the trade deficit with China.The United States and China are the two largest economies in the world and bilateral trade between them totalled almost US$559 billion in 2019. However, that trade has been lopsided, …

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US uses ‘industrial subsidies’ to its advantage, China’s Lou Jiwei alleges

China and the United States must come to terms on how to define “market distortion” and “industrial subsidies”, because the US also appears to have adopted such practices, according to outspoken former Chinese finance minister Lou Jiwei.The subsidy issue recently took centre stage in the ongoing series of disputes between …

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