United States blacklist 33 Chinese companies and institutions

The US and Chinese national flags fly in front of a hotel Relations between the United States and China are strained due to various conflicts. (Photo: dpa) Washington The conflict between the United States and China continues to worsen. The Department of Commerce in Washington said Friday that it would blacklist 33 Chinese companies and […]

Trump’s Twitter attack on China drives dollar rates higher

US dollars and euros A tweet from Donald Trump increased tensions between the U.S. and China. (Photo: Bloomberg) Singapore Tensions between the United States and China and weak economic data are driving the dollar higher. The dollar index rose 0.3 percent on Thursday, making up some of the losses from the past few days. In […]

Economic miracle in Europe: Eastern trade grew despite the crisis

Berlin Without the east of Europe, the situation in Germany would be even worse economically than it already is because of the corona crisis. Because while the German gross domestic product (GDP) in the first quarter with a minus of 2.2 percent has fallen more sharply than ever since the international financial crisis in 2008 […]

Japan’s exports have seen the sharpest decline since 2009

Container terminal in Tokyo Japan’s economy has slipped into recession again. (Photo: dpa) Tokyo Japan’s exports recorded the sharpest decline since the global financial crisis in 2009 as a result of the corona virus pandemic in April. Data from the Ministry of Finance (MOF) showed a 21.9 percent year-on-year slump in foreign trade on Thursday. […]

Japan’s economy is plunging deeper into recession

Scoreboard in Tokyo Japan’s economy is slipping into recession as a result of the corona crisis. (Photo: dpa) Tokyo At first glance, Japan’s economy was hit relatively lightly by the corona crisis in the first quarter of the year. The gross domestic product was 0.9 percent lower than in the previous quarter because both consumption, […]

Dispute between the United States and China threatens to escalate

Huawei The U.S. Department of Commerce said chip manufacturers would not be able to deliver semiconductors to the world’s second largest smartphone maker based on U.S. software and technology. (Photo: AFP) Washington The dispute between the United States and China over the influence of the Chinese network supplier Huawei escalates. While the U.S. announced further […]

“We can also end the whole relationship”

Washington No easing is in sight in the dispute between the USA and China. US President Donald Trump even broke off relationships in an interview on Thursday with Fox. “We can do a lot of things,” Trump said when asked what he thought of the proposal to deny Chinese students a visa in the United […]

Dispute between Australia and China escalates

Bangkok The Chinese are very hungry for Australian beef: Australia’s farmers sent 300,000 tonnes to the People’s Republic in 2019, almost twice as much as in the previous year. But now the good business is threatening to fall victim to a diplomatic escalation between the two countries. On Tuesday, the Beijing government banned the import […]

EU attacks China’s economy

Beijing, Brussels, Berlin This year should be a special one in relations between China and the European Union. Several top-level meetings were planned, Chancellor Angela Merkel wanted to travel to Beijing for the 13th time during her 15-year chancellorship and for the first time a meeting of all 27 EU heads of state and government […]

VW sales in Germany fell by 67 percent in April

Employees at the VW plant in Wolfsburg Due to the corona crisis, VW has been able to sell almost no cars in some European countries. (Photo: dpa) Wolfsburg Volkswagen sold two thirds fewer vehicles in April due to the standstill in the corona crisis in Germany. This means that the home market has held up […]