The world is a big place that the majority of us should learn to get along well with others if we don’t want conflict or want things to go in our favor. It’s like a fact of life and something we all observe for the longest time. However, our modern world is full of complexities that have made communicating with one another a bit more difficult. It is a must since we trade with the world at large. However, humans are just as complex as the world we live in. Or rather, human relations. The US and China are undeniably the biggest and strongest economies in the world today yet the two haven’t always seen each other eye-to-eye. Their many disparities are the reason why the two are facing another major rift that will likely impact the world at large.
Under President Trump’s leadership, relations between the two countries did not improve but actually worsened over the past year. The world is not new to the US president’s unusual behavior and his way with words as we have witnessed how he led his personal life in the past and …
It is no longer unknown to many what an emerging superpower China has become, not only to Asia but to the whole world. The Chinese economy is on an upward momentum and is only the beginning of many more good things to come for China. Even Western countries are surprised at how steadily China’s economy kept on going up without showing signs of ever slowing down.
Many of the world’s economies suffered badly over the last few years. The United States is not an exception. The U.S. itself suffered badly from the last recession and is still recovering. While how the U.S. economy will fare is still a mystery to everyone as doubts about Trump’s capability in leading the country to greatness fills the minds of many and his first few policies continue to divide the country, China is stronger than ever and has surpassed everyone’s expectations.
China’s economy stormed back in the first quarter, clocking its first back-to-back acceleration in seven years and bolstering the global growth outlook just as signs of subdued consumer spending have surfaced in the U.S.
The Chinese economy accelerated to a better-than-expected 6.9 per
The Asian market, in general, is in an economic slump. While the controversial stand and policies of US President Trump is partly to blame for this, the long-standing issues of poverty, corruption, calamities and many others have long been factors as to how the Asian market fares in the global market. And one of the most formidable markets in Asia is that of China. No other nation can beat China’s achievements and influence to the entire world. After all, almost everything is made in China, right?
However, the market is volatile. Everybody knows that. Sometimes the market is doing well and other times it does not. China isn’t exempted from this economic trend and likewise, has its fair share of ups and downs over the years. Even though the China’s economy is the second largest the world over, certain triggers can make it crash with little warning.
Benchmark equity indices in mainland China and Hong Kong closed higher on Monday as resurgent hopes for a significant public stimulus boost captured investors’ attention more than did the release of a batch of poor activity and spending data.
Weakness was evident
China is one of the biggest countries on the planet and home to the most number of people too. With a growing population and dwindling resources, lots of problems are coming out in the open requiring the government’s attention. The Chinese government is more than just strict. They ensure that laws are observed and the people refrain from complaining. As if censoring most contents available on the web is not enough to curtailing their rights, various cases of human rights abuse are also rampant but only a few go out in the streets to protest.
We may think of the Chinese economy as bustling and flourishing and in many ways it is true. However, we also have to remember that there are more Chinese than any other nationality so ensuring that everyone has work (whether in the private or public sector) isn’t an easy job. Even though there are many companies with factories or offshore offices in China, it’s highly doubtful that it can manage to employ all the working Chinese population. Even translators as a profession have been limited. Hence, the Chinese government has to pick up its pace …