Online retail sales in the most impoverished areas of China have surged last year by 52% to RMB 120.8 billion with commerce in these areas shaping up to be the next battlefield for Chinese e-commerce giants

In 2016, the International Monetary Fund (IMF) added Chinese RMB to its special drawing rights (SDR) basket. The RMB joined an elite class of currencies which included the U.S. Dollar (USD), Euro, British Pound, and Japanese Yen to be safe, reliable and freely usable. IMF’s move may have raised many eye brows, as the Chinese RMB does not meet the criteria of being freely usable or widely tradeable currency in financial markets; It certainly did catch the attention of then U.S. Presidential candidate, Donald trump. He, after listening the news had said he would label China as a currency manipulator if he wins.  

It has been more than half a year since the Sino-US trade conflict initiated, with no signs of a thaw, the dispute shows a trend of escalation recently. The immediate motivation for the U.S. government behind trade conflict is the unsolved trade deficit with China. Interestingly, in the first eight months of 2018, the U.S. trade deficit has hit another record high.    

Many may think about the differences between draught beer, draft beer and craft beer at the bars, but are too shy or reluctant to ask. Well, an answer to it is that a draft beer is a beer that flows “off the tap” as compared to bottled beers. As draught or draft beers mean the same and compared to bottled beer, the formal is being filtered and pasteurized. While craft beer is not filtered and pasteurized, leaving a little yeast and a heavy body.

Internet finance is becoming a vastly debated topic with every passing day. Several researchers and industry experts are sharing their views to comprehend different aspects of the technology and  it’s  impacts. In simple words, Internet finance is the integration of "Internet" and "financial industry." Despite many innovative businesses  of  Internet finance, relevant research on the topic is still limited. Few studies theoretically analyze  integration  of finance and Internet. A comprehension of  theoretical  basis of Internet financial innovation will help us more accurately grasp business connotation of the new technology. Several theories can be used to explain and understand the phenomenon which is generated and directed by the amalgamation of Internet and finance.

The biggest reason for repeated criticism since the implementation of the coal de-capacity policy lies in the fact that coal is one of the major energy sources. If the “coal reduction” campaign is carried out blindly, such a “one size fits all,” it will affect the momentum of China’s economic development. The direct consequence of the demonization of coal is skyrocketing energy prices.  Recent  increase in the price of domestic oil products can also  attributed  to the “one size fits all” type of coal de-capacity policy.

In May 2018, China's president Xi Jinping has said that a new generation of information technology, represented by artificial intelligence (AI), quantum information, mobile communication, Internet and blockchain, was accelerating the breakthrough for applications.

Investors around the globe are watchful of the international political and financial developments that center on current U.S. and China’s trade relation. The emerging markets have already started to bear the scorch of conflict between the two colossal economic powerhouses.