Li Chenggang

The United States and China have reached a long-awaited trade agreement, following two days of high-level discussions in London this week. What Happened: On Tuesday, representatives from both sides said that they’ve reached an agreement to implement the provisions of the Geneva trade...

Economists have been predicting that retailers in the U.S. are likely to face pressure in the case of higher tariffs on China, as it is likely to “empty shelves” with a falling inventory-to-sales ratio. What Happened: According to Torsten Slok, the chief economist at Apollo Academy, the...