Posts tagged as china

Economist: US-China trade conflict jeopardizing Estonia’s export

Monday, May 13, 2019

The trade conflict between the United States and China is jeopardizing also the export outlooks of Estonia, Swedbank chief economist Tonu Mertsina said on Friday, commenting on import-export data for March. “Although in the first quarter of this year the growth in the export of goods made in Estonia was relatively robust — 8 percent in both current and constant prices — the growth has slowed down in comparison with…

U.S. considerably increases trade tariffs on Chinese goods

Friday, May 10, 2019

Escalating American trade dispute with China, Washington has on Friday considerably raised the customs tariffs on Chinese goods as the two trading partners are in talks on their future trade relationship. French news agency AFP reports that on Friday, May 10, the U.S. increased punitive duties on USD 200 billion (EUR 178 billion) in imports from 10 to 25 percent. The Chinese commerce ministry has responded it «deeply regrets» the…

Scandinavia, Baltic Set to Become China’s Newest Playground

Monday, April 22, 2019

On a map, they appear so close together: Helsinki and Tallinn, the capitals of Finland and Estonia, sit just 50 miles from each other across the Gulf of Finland. Yet in practice, they couldn’t seem farther apart, especially given their close cultural, linguistic and, increasingly, economic ties. On a good day, it takes about two hours by ferry to cross the often choppy waters. But not for long, if an ambitious…

Lithuanian Railways to transport Chinese postal items within Lithuania

Tuesday, April 16, 2019

Lietuvos Gelezinkeliai (Lithuanian Railways) will begin to transport Lithuania-bound postal items from China within the country’s territory for the first time this year, with the first trial shipment scheduled for May, informed LETA/BNS. Lietuvos Gelezinkeliai and OTLK, a company that organizes freight shipments between China and Western Europe, signed the respective agreement in Moscow on Tuesday, the state railway operator said. Containers would be shipped to Lithuania within 7 days. Lietuvos…

Chinese investments in the Baltic Sea region

Thursday, March 21, 2019

Chinese investment activities in the Baltic Sea region have seen an increase over recent years. This corresponds well with the overall growth in Chinese investment in Europe over the past decade, a trend fueled at least in part by growing restrictions imposed in the United States under the Donald Trump administration. Despite this uptick, the Baltic Sea region does not rank among the prime destinations of Chinese FDI in Europe.…

Estonian Foreign Intelligence Service warns of China’s growing influence

Wednesday, March 13, 2019

A report made available by the Estonian Foreign Intelligence Service points says that China’s impact and influence activities are increasing, and warns of possible threats posed by technological devices of Chinese origin. In recent years, the European Union, as well as the US and many other countries, has taken a more cautious stance on Chinese  foreign investment and technology, the Foreign Intelligence Service’s report published on Tuesday reads. Chinese investment in Europe has boomed…

The Orientalism of Western Russophobia

By Max Parry on Saturday, March 9, 2019

Last year marked the 40th anniversary of the publication of Edward W. Said’s pioneering book, Orientalism, as well as fifteen years since the Palestinian-American intellectual’s passing. To bid farewell to such an important scholar shortly after the 2003 U.S. invasion of Iraq, which Said fiercely criticized until his dying breath before succumbing to leukemia, made an already tremendous loss that much more impactful. His seminal text forever reoriented political discourse by…

China says higher 2019 budget deficit will spur growth, won’t open floodgates

Thursday, March 7, 2019

China’s decision to increase its budget deficit ratio to 2.8 percent this year from 2.6 percent in 2018 is appropriate for the economy, and leaves room for policymakers to maneuver, Finance Minister Liu Kun said on Thursday. But a proactive fiscal policy does not mean China will open the floodgates for stimulus, Liu said at a news conference on the sidelines of the annual parliamentary meeting in Beijing, reiterating past…

Former New Zealand leader: ‘We need to learn to listen to China’

By James Griffiths on Tuesday, February 19, 2019

A former New Zealand prime minister has been quoted lavishing praise on China as the country’s current leader continues to deny reports of a rift between Wellington and Beijing. In a piece published by Chinese state-run People’s Daily on Monday, Jenny Shipley, a former leader of the conservative National Party and prime minister from 1997 to 1999, commended China’s “huge contributions to the world’s economic growth” and its “great efforts” to promote…

Trump to meet China’s Xi to try to seal trade deal, progress reported

Friday, February 1, 2019

U.S. President Donald Trump said on Thursday he will meet with Chinese President Xi Jinping soon to try to seal a comprehensive trade deal as Trump and his top trade negotiator both cited substantial progress in two days of high-level talks. Trump, speaking at the White House during a meeting with Chinese Vice Premier Liu He, said he was optimistic that the world’s two largest economies could reach “the biggest…