Trump Says the Save of ZTE is Part of a ‘Larger Trade Deal’

President Donald Trump rejected criticism on May 16th that he succumbed to China’s trade demands to save Chinese company ZTE. He said that the reversal on ZTE was only related to his administration search...

Trump Says He’s Working with President Xi to Rescue ZTE

After U.S. announced to ban American companies from selling telecoms equipment to China’s ZTE, Trump’s role in the script of “Trade war” has sharply switched from an “attracter” to a “savior”. On May 13th,...

EU Accelerates Pace to Compete with China and US in AI Area

25 European countries have signed a declaration of cooperation on Artificial Intelligence (AI) in early April. And a strategy paper of AI will be published by the EU Digital Commissioner on 25 April. EU...

China Allows Foreign Investors to Trade Iron Ore Futures

China's iron ore futures officially opened to foreign traders on May 4th at the Dalian Commodity Exchange (DCE), marking another step in the country’s financial opening-up. The move plays a guiding and groundbreaking role in...

China Launches New Tax Cuts Plan

China's has announced plans on reforming the nation's taxation system, including cutting value-added tax (VAT). As said in a statement made public at an executive meeting of the Chinese State Council chaired by Premier Li...

EU Unveils Digital Tax Plan Targeting US Tech Giants

The European Union unveiled a plan designed to modify tax rules for Internet companies, most of which are based in the United States. According to current rules, digital companies only pay tax in countries where...

What Lesson Did You Learn from Facebook’s Data Breach

Facebook has been under fire since its data privacy scandals disclosed. Cambridge Analytica, a firm works for Trump’s presidential campaign, harvested and misused 50 million personal data from roughly Facebook users for unauthorized political...

China Has Halted Its US Soybean Orders Due to Trade Tensions

The market fear has raised since China issued the new tariff list of 106 U.S. products. Targeting at soybean, corn, cotton, sorghum and other U.S. agricultural exports, the additional tariff would result in the...

The Race to 5G is Getting Fierce

Huawei is being investigated by the US Department of Justice for violating sanctions on Iran recently. The company is expected to be a competitive 5G technology supplier for its 5G patents and years of...

Technology War Keeps Escalating, Huawei Faces Investigation for Violation of US Sanctions

After ZTE, another Chinese tech giant Huawei is likely to be the next prohibited target if the U.S. Department of Justice confirms its violations of sanctions against Iran. U.S. Finds a Better Way to...

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Would Blockchain Become the Future of World Commodity Trade?

With digital revolution infiltrating in the world market, newly evolved distributed ledger technologies are transforming the commodity sector. Blockchain, in simple words, is a...

2018 World Coal Price Forecast