US-China Trade War Current Affairs, GK & News

UN: China overtakes US for Foreign Direct Investment

Recent figures by the United Nations Conference on Trade and Development highlights that, China has surpassed the United States as the world’s top destination for the foreign direct investment (FDI) in the year 2020. Highlights The eastward shift of the destination was the result of Covid-19 pandemic from which the United States is still recovering. ..

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EU-China New Investment Treaty

The European Union and China recently signed a New Investment Treaty after seven years of negotiations. The EU-China Comprehensive Agreement in Investment is the most ambitious agreement China has ever concluded with a third country. The treaty is expected to create friction with the US. What is the New Investment Treaty? The treaty will ensure ..

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Japan to join Five Eyes Network

The Five Eyes network comprises of five nations namely Australia, Canada, Britain, US and New Zealand. Japan is now to join the Five Eyes network to become the sixth eye. About Five Eyes The Five Eyes network collaborated to respond against the increasing threats by China and North Korea. The Five Eyes countries are parties ..

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US approves 600 million USD armed drones sale to Taiwan

The United States recently approved 600 million USD armed drones sale to Taiwan. By the end of October 2020, US approved the sale of Harpoon missile systems to Taiwan. Background The current ruling Communist Party of china claims Taiwan. Taiwan was spit from China mainland in 1949 during a civil war. History of China-Taiwan issue ..

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Beijing Imposed New Restrictions on US Diplomats

Beijing has imposed “reciprocal restrictions” on all American diplomats in China and Hongkong. This step was taken by China in response to restrictions imposed on its embassy staff in the United States. The ministry said that unspecified countermeasures will be applied to all US embassy and consulate staff. By taking these measures, China also urge ..

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