TRADE WARS

News About World Trade

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Chinese economy beats growth expectations in first quarter
Apr 16, 2024 (AFP)
Beijing has set a goal of around five percent for 2024, which officials have already admitted will "not be easy" and which analysts said was ambitious given the...
IMF warns China's economic recovery could falter
Apr 16, 2024 (AFP)
That is below the official target set by Beijing of "around five percent" for gross domestic product (GDP) growth in 2024, and well below the double-digit incre...
PwC rejects allegations on Evergrande audit
Apr 16, 2024 (AFP)
Heavily indebted Evergrande has become a symbol of the years-long crisis in China's property market and last month its onshore unit was accused of a $78 billion...
Drought-hit Panama Canal to ease traffic restrictions
Apr 16, 2024 (AFP)
The interoceanic channel is a key transit point for international cargo, but low water levels blamed on climate change and the El Nino phenomenon last year led ...
Stocks hit by Iran's Israel strike, hopes for containment stem losses
Apr 15, 2024 (AFP)
However, while Israel called the attack -- which Tehran said was in response to a strike on its Syrian embassy -- an escalation of hostilities, analysts said th...
Debt and climate back on IMF, WB spring meetings agenda
Apr 15, 2024 (AFP)
The meetings -- which bring central bankers together with finance and development ministers, academics, and representatives from the private sector and civil so...
China economy seen slowing in first quarter on housing, consumer woes
Apr 15, 2024 (AFP)
Beijing officials last month set a target of around five percent growth for the year -- a goal they admitted would "not be easy" and which analysts said was amb...
Stocks hit by Iran-Israel fears, containment hopes stem losses
Apr 15, 2024 (AFP)
However, while Israel called the attack -- which Tehran said was in response to a strike on its Syrian embassy -- an escalation of hostilities, analysts said th...
Scholz walks tightrope on trade and politics in China
Apr 14, 2024 (AFP)
Scholz touched down in the southwestern megacity of Chongqing on Sunday morning, Chinese state broadcaster CCTV said, accompanied by a large delegation of minis...
China's chides 'protectionist' Europe as Macron and Scholz call for re-balancing trade
Apr 12, 2024 (AFP)
"We can't understand how the European Commission on the one hand carries the flag for green sustainable development and on the other hand undertakes protectioni...
German's finance minister rejects joint EU borrowing push
Apr 11, 2024 (AFP)
Faced with Russia's war on Ukraine, there have been growing calls for the 27-nation EU to pool its economic might to help revamp its defence industries. Propone...
Germany's Scholz between tough talk and trade on China trip
Apr 11, 2024 (AFP)
With the economies of both China and Germany currently underperforming on the world stage, Scholz will travel with a bumper delegation of ministers and business...
Italy to strengthen China trade despite Belt and Road exit
Apr 11, 2024 (AFP)
"Our relations with China are positive, even if we are competitors and our positions diverge on certain issues," he told reporters in the northern city of Veron...
Asia tracks Wall St losses as US data deals blow to rate cut hopes
Apr 11, 2024 (AFP)
The losses tracked a sell-off on Wall Street and saw the dollar strike a 34-year high against the yen, fuelling speculation Japanese authorities will step in to...
President Joe Biden hosts trilateral summit with Philippines, Japanese leaders
Apr 11, 2024 (UPI)
The summit is a strong message of unity as China grows more aggressive in asserting power in the South China Sea. According to senior administration officials d...
China consumer prices rise at slower rate in March
Apr 11, 2024 (AFP)
The consumer price index (CPI) last month edged up by 0.1 percent year-on-year, according to the National Bureau of Statistics (NBS), below the 0.4 percent gain...
Most Asian markets rise as traders jockey ahead of US inflation
Apr 10, 2024 (AFP)
While markets reacted positively to last week's blockbuster jobs report, which pointed to a still-strong economy, there is a nervousness on trading floors that ...
Most markets rise as traders jockey ahead of US inflation data
Apr 10, 2024 (AFP)
While markets reacted positively to last week's blockbuster jobs report, which pointed to a still-strong economy, there is a nervousness on trading floors that ...
Fitch downgrades China sovereign credit outlook to negative
Apr 10, 2024 (AFP)
The "outlook revision reflects increasing risks to China's public finance outlook as the country contends with more uncertain economic prospects", it said in a ...
German group mulls remote-controlled ships to fix skipper shortage
Apr 10, 2024 (AFP)
HGK Shipping, based in the German port of Duisburg, is testing remote navigation from a control centre on land. Driverless vessels are "the only solution to sur...
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