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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.
In June, German business confidence slipped to its lowest value for more than a year, thus dropping a hint that the mood among company executives in the EU’s number one economy is worsening as the world is getting closer to a full-fledged trade conflict…
The Australian corporate regulator might require playing a greater role in regulating agricultural finance considering the absence of redress options for borrowers, as it shifted its attention to Australia’s $50 billion farm sector…
In June, American private sector activity speeded down, as follows from survey data uncovered on Friday…
On Monday, Asian shares shook off a sluggish start and stabilized, with Japan outperforming on positive earnings…
America’s on the verge of starting an investigation into whether thermoplastic components utilized in some Japanese as well as German vehicles sold in the country violate its patent laws or not…
On Tuesday, crude prices traded weaker because a poll on Chinese manufacturing came in weaker than expected and market participants looked ahead to American inventories on oil as well as refined products to set the overall tone…
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