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Sunday, 21 January 18:35 (GMT -05:00)



Business And Politics News

China Warned Trump About Tough Consequences Of Recognizing Taiwan


Since President-Elect Trump won the U.S. presidential election in late 2016, his personality as well as his harsh statements have been criticized in the international geopolitical arena.  

 

 

 

 
In particular, the Chinese government used local mass media to announce their determination to show a tough response to President-Elect Trump’s ambiguous attitude to Taiwan.  It’s not a secret that Mr. Trump has seen China as one of the major threats to the USA. This means, that the China-US relations may well get tense in the near future after Mr. Trump moves to the White House in a couple of days.   
 
It seems that Mr. Trump is trying to manipulate China by hinting that he will change his attitude to Taiwan, if his Chinese colleagues change their attitude to the principles of global trade as well as the development of the global reserve currency. It seems that this stand point shown by President-Elect Trump made China angry.
 
All in all, it should be noted that China warned the USA about the likelihood of a tough response if the USA recognizes Taiwan and doesn’t support the “One China” policy developed by China. China doesn’t have a choice but to want Donald Trump about the consequences. Donald Trump is now busy getting ready for the inauguration, so his response to the warning is unknown at this point.
 

 

Experts say that it’s now beneficial for the USA to spoil the relations with China, especially as they were hard to build. The two superpowers are really ambitious, and these are the world’s 2 biggest economies. Anyway, President-Elect Trump promised to focus on domestic problems first, which is why it’s unclear what will come out of his presidency and how it will influence the relations with China. That remains to be seen…

 

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Any Brexit Scenario Will Damage the British Economy

In practice, there can be multiple Brexit scenarios, i.e. the scenarios of how the United Kingdom will exit the European Union. Experts say that almost any scenario will damage the British economy to some extent. Moreover, there will be some economic damage to both the UK, the USA, and the EU.

Publication date: 25 December 02:48 AM

The Era of Cheap Money from Central Banks is Over

According to two major investment banks – Citigroup and JPMorgan, the days of cheap money and low interest rates are nearly gone after almost 10 years since the last global crisis. They warn us that major central banks around the globe (including the ECB, for example) are going to start toughening their monetary policies in 2018 at the fastest pace in 12 years.

Publication date: 25 December 02:05 AM

Will Bitcoin Mining Leave the World without Electricity?

It seems like people have been obsessed with cryptocurrencies. While loading up on them like crazy, they seem to have forgotten that everything has a price. When it comes to mining cryptocurrencies, this is all about the growing deficit of electricity. The thing is that all those mining farms consume tons of energy. Maintaining that cryptocurrency infrastructure is rather energy-consuming as well since all of that requires really powerful and capacious hardware, which consumes big amounts of electricity.

Publication date: 04 December 01:04 AM

Brexit and Bank Capital Outflow

Since the Brexit referendum that took place in the United Kingdom last year, European banks have already withdrawn from the UK as much as 350 billion euros. That’s reported to be the official stats provided by the European Union, The Financial Times reports.

Publication date: 30 November 01:52 PM

Fed Will Raise Interest Rate 4 Times in 2018, Goldman Sachs Experts Predict

According to the experts working for Goldman Sachs, one of the largest investment banks in the world, the U.S. Federal Reserve is probably going to raise the key interest rate 4 times next year.

Publication date: 25 November 04:05 AM

Referendum In Catalonia May Hit Europe Harder Than Brexit

The possibility of Catalonia exiting from Spain is dangerous to the integrity of the European Union, even more dangerous than the Brexit. This is what The Daily Telegraph thinks on the matter.

 

Publication date: 01 October 04:58 AM

Trump Announced Revolutionary Tax Cuts for Americans

On Wednesday, September 27th, President Trump announced a tax reform. The thing is that Donald trump promised this tax reform when making his election pledges in 2016.

Publication date: 29 September 07:51 AM

What is so precious about Ukraine for international investors? An American businessman shares his opinion

More and more international investors have been paying attention to Ukraine as a promising area for profitable investing. Cody Shirk, an American entrepreneur, traveler and investor, is now urging international investors to look at Ukraine as a country with really great investment potential, Market Leader reports.

Publication date: 27 September 03:16 AM

China’s Debt Bubble May Trigger Another Global Financial Crisis

The Chinese economy keeps on slowing down as China’s debt bubble is growing. International experts are concerned about that. They are afraid of a new global financial crisis, Market Leader reports. The thing is, the Chinese economy is not growing fast enough anymore. Beijing has to admit the economic slowdown. The entire international expert community is now closely watching this slowdown and expressing their concerns about China’s economic prospects amid the mentioned economic slowdown and inflating debt bubble.

Publication date: 25 September 12:44 PM

Why Is German Parliamentary Election Important to Europe?

Judging by the results of several sociological surveys, the chances of electing Angela Markel for the next 4 years is fairly high at the moment. Even though there is almost no intrigue in the election, the international community has still been closely watching it, Market Leader reports

Publication date: 24 September 12:55 AM