How the Coronavirus Is Helping China Win the Trade War

Chinese authorities successfully pushed phase one of the trade deal through seemingly before the Trump administration became aware of the full extent of the coronavirus. The crisis will make it near impossible for China to fulfill its side of the bargain. The post How the Coronavirus Is Helping China Win the Trade War appeared first on CCN.com

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The People’s Bank of China Isn’t Fooling Anyone With Its Latest Interest Rate Cut

The People’s Bank of China (PBOC) kicked off a new easing cycle on Monday by lowering interest rates for the first time in four years – a move designed to safeguard against further trade-war turbulence. For all the talk about President Trump being “easy to read,” China doesn’t seem to be fairing too well in […] The post The People’s Bank of China Isn’t Fooling Anyone With Its Latest Interest Rate Cut appeared first on CCN.com

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Tim Cook’s Controversial Trade War Strategy Is Paying Off For Apple (AAPL) Stock

The world’s most valuable company got more valuable this week, as Apple stock hit a record high. There is no question Apple would not have been able to flourish in Trump’s trade war environment were it not for Tim Cook’s immersive approach to Chinese diplomacy. Risks are now growing for APPL as Senator Ted Cruz […] The post Tim Cook’s Controversial Trade War Strategy Is Paying Off For Apple (AAPL) Stock appeared first on CCN.com

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