TRADE WARS - INDO DAILY

World Bank welcomes China's new bank in poverty fight

Apr 07, 2015 (AFP)

China's new development bank can have an important role in fighting extreme poverty if it establishes high standards for its projects, World Bank President Jim ...

Chinese tycoon Liu snaps up ancient vase for $15 million

Apr 07, 2015 (AFP)

Chinese tycoon Liu Yiqian splashed out nearly HK$114 million ($14.71 million) on an ancient vase at auction in Hong Kong Tuesday -- his latest expensive purchas...

Hard money, soft standards? Tough questions for China's new bank

Apr 01, 2015 (AFP)

China scored a diplomatic coup by enticing almost 50 countries including key US allies to join its new development bank. But analysts say authoritarian Beijing ...

When will Kazakhstan finally be allowed into the WTO?

Apr 01, 2015 (UPI)

On January 1, the World Trade Organization, responsible for 97 percent of world trade, celebrated its 20th anniversary. On its website the WTO defines its role ...

US ready to accept China-led infrastructure bank: Lew

Mar 31, 2015 (AFP)

US Treasury Secretary Jacob Lew said Tuesday that Washington was "ready to welcome" the China-led Asian Infrastructure Investment Bank, backing off from tougher...

Taiwan to apply to join China-led infrastructure bank

Mar 30, 2015 (AFP)

Taiwan said Monday it would make a formal application to join the Asian Infrastructure Investment Bank, becoming the latest economy to express interest in the B...

Australia moves towards joining China-led bank: government

Mar 29, 2015 (AFP)

Australia said Sunday it will sign an agreement to become a prospective founding member of a China-backed infrastructure bank, but stressed that no one nation s...

Indonesia's Widodo supports China-led investment bank

Mar 26, 2015 (AFP)

Indonesian President Joko Widodo said on Thursday that his country is firmly behind a new China-backed regional investment bank and sees it playing a stabilisin...

China approves three more free-trade zones

Mar 25, 2015 (AFP)

China has given the go-ahead for three more free-trade zones, state media reported, despite the country's first project in Shanghai proving disappointing 18 mon...

EU slaps anti-dumping duties on China, Taiwan steel

Mar 25, 2015 (AFP)

The EU announced Wednesday it will impose anti-dumping duties for six months on some steel imports from China and Taiwan as a new trade row erupted between Brus...

China denies seeking veto power in new bank

Mar 25, 2015 (AFP)

China has not sought veto power over a new multilateral bank, a top finance ministry official said Wednesday, after a report Beijing enticed major European coun...

Cheap eurozone takeaway fuels Chinese appetites

Mar 25, 2015 (AFP)

The inexorable decline of the single currency offers ambitious Chinese firms a bargain buffet of eurozone business, analysts say, with this weekend's multibilli...

'Made in China' tops EU list of unsafe products

Mar 23, 2015 (AFP)

From toy-shaped cigarette lighters to a short-circuting plush rabbit that catches fire, a European safety watchdog warned Monday of a growing number of dangerou...

Switzerland, Luxembourg plan to join China-led development bank

Mar 21, 2015 (AFP)

Switzerland and Luxembourg are planning to join the Beijing-backed development bank AIIB, China's finance ministry said, the latest European nations to sign up ...

France, Germany, Italy to join China-led infrastructure bank

Mar 17, 2015 (AFP)

France, Germany and Italy on Tuesday announced plans to join the Chinese-led development bank AIIB, drawing concern in Washington which views the institution wi...

Merkel urges closer tech ties with rising IT giant China

Mar 15, 2015 (AFP)

German Chancellor Angela Merkel on Sunday urged closer high-tech cooperation with China as she opened a major IT business fair where the Asian giant is the offi...

Commodities mostly drop on soaring dollar, China woes

Mar 13, 2015 (AFP)

Many commodities fell this week as the dollar struck a 12-year peak against the euro, with sentiment hit also by weak data in key consumer China. "Most commodit...

Beijing welcomes Britain's move to join China-backed bank: govt

Mar 13, 2015 (AFP)

Beijing on Friday hailed Britain's announcement that it will seek to join a Chinese-led development bank, after Washington voiced caution about the move. The $5...

Australian miners brace for more pain as China slows

Mar 11, 2015 (AFP)

Australian miners are bracing for a tough year with economic powerhouse China cutting its growth target to a 15-year low, reinforcing a gloomy outlook for commo...

WTO to help settle Canadian trade rows with China, Taiwan

Mar 10, 2015 (AFP)

The World Trade Organization agreed Tuesday to create two expert panels to help settle Canadian rows with Taiwan and China over tariffs on steel pipes and cellu...