Canadian inflation speeds up, raising prospects of September lift
In July, Canada's annual inflation rate speeded up to 3% from June’s outcome of 2…
American business group asks Washington to 'utilize every arrow' against China
America needs to utilize every arrow in its quiver for the purpose of ensuring a level commercial playing field in China. That’s what an American business lobby told on Tuesday. They also warned that 2017 might appear to be the toughest year in decades for US companies in the country.
China's policies specially designed to back domestic companies and also create national champions have already narrowed the space for foreign businesses, as the American Chamber of Commerce in China told in its annual business climate report.
Meanwhile, the White House has told that American as well as Chinese officials are fleshing out a promise by leaders Xi Jinping and Donald Trump for a 100-day plan to drop the American trade deficit with China that hit $347 billion the previous year.
However, the chamber told it hoped market access for American companies China would be paid more attention.
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