Donald Trump signed the Hong Kong Bill (Hong Kong Human Rights and Democracy Act) of the US Senate and the US House of Representatives after the close of trade on Wall Street. This significantly complicates the negotiations in the trade war. Beijing reacts sharply, appoints the US ambassador and threatens with countermeasures. Even the text Trump had written for the signature under the Bill shows the dilemma he is in. On the one hand he has to sign, on the other hand he tries to present this signature as gently as possible. Either way: for Beijing this is interference in internal affairs, so the US futures on US holiday are lower. Does tension still arise today on a bland trading day?
There is still a hanging game on the markets. They are waiting for Donald Trump’s decision on punitive tariffs against China. According to a report in the Wall Street Journal, the delegations of the superpowers […]
The Corona crisis gives a new dimension to the now longer-paused trade war between the USA and China. The Trump administration increasingly tightens the tone against China, and Beijing “shoots back”. We are now witnessing […]
Current: China apparently plans to shorten Washington visit – Liu He travels to Washington without authority
According to a report by the Hong Kong “South China Morning Post”, China plans to shorten Liu He’s visit to Washington. This is Beijing’s obvious response to the inclusion of 28 Chinese companies on the […]