TRADE WARS

News About World Trade

7,281 articles

Peru's Chancay: China's megaport of entry to South America
Nov 11, 2024 (AFP)
"It's nearly ready," Gonzalo Rios, deputy general manager of the Peruvian subsidiary of Chinese port operator Cosco Shipping, which has a 60 percent stake in th...
China's 'Singles Day' shopping spree in spotlight as spending flags
Nov 11, 2024 (AFP)
"Singles Day" -- launched by tech giant Alibaba in 2009 -- has ballooned into an annual blockbuster period for retail, with days of discounts luring customers t...
Asia, the world's economic engine, prepares for Trump shock
Nov 10, 2024 (AFP)
But a trade war between the world's biggest economies would also destabilise markets everywhere, with Asia -- which contributes the largest share of global grow...
China plans to cut hidden debt in massive shakeup; consumer prices rise slower in Oct as Cartier profit tank
Nov 10, 2024 (AFP)
Policymakers gathered in Beijing this past week approved a proposal to swap six trillion yuan ($840 billion) of hidden debt belonging to local governments for o...
China consumer prices rise slower in October; Cartier profit sinks as China sales slump
Nov 09, 2024 (AFP)
The slowdown comes as authorities have been seeking to boost domestic activity as a property crisis weighs on confidence. The consumer price index (CPI), a key ...
China's Xi hails 'new chapter' in Indonesia relations ahead of APEC and G20 meetings in SAmerica
Nov 09, 2024 (AFP)
Xi held talks with President Prabowo Subianto in Beijing, the first stop of the Indonesian leader's inaugural foreign tour since he took office in October. Chin...
China's Xi meets Indonesian president in Beijing
Nov 09, 2024 (AFP)
The newly sworn-in Indonesian leader landed in China on Friday, kicking off his first foreign tour seeking a more prominent position for Jakarta on the world st...
Asian markets struggle to maintain momentum after Fed cut
Nov 08, 2024 (AFP)
Traders were also awaiting the end of a week-long meeting of key Chinese officials who have been hammering out a major stimulus package for the world's number t...
Analysis: Northeast Asia braces for Trump 2.0
Nov 08, 2024 (UPI)
During his campaign, Trump pledged to upend what he described as unfair trade practices and decrease military involvement overseas. Among his campaign promises,...
China poised to approve more help for ailing economy
Nov 08, 2024 (AFP)
Economists predict Beijing will approve hundreds of billions of dollars of help, with a focus on indebted local governments as well as cash for banks aimed at w...
UK rules drivers on Bolt ride-hailing platform are employees
Nov 08, 2024 (AFP)
The tribunal said that its ruling applied to all drivers who used Bolt as their only platform for finding customers. Leigh Day, the legal firm representing a gr...
Climate change poses multiple risks for banks
Nov 08, 2024 (AFP)
Non-governmental organisations regularly criticise banks for the glacial speed at which they are moving to take climate change into account. The latest was Recl...
Asian markets extend rally after Fed cut
Nov 08, 2024 (AFP)
Traders are also keenly awaiting the end of a week-long meeting of key Chinese officials who have been hammering out a major stimulus package for the world's nu...
China says Xi to travel to Peru, Brazil next week for APEC, G20 meetings
Nov 08, 2024 (AFP)
Xi will go to Lima from November 13 to 17 and Rio de Janeiro from November 17 to 21, foreign ministry spokeswoman Hua Chunying said in a statement. In Peru, Xi ...
China unveils sweeping local govt debt swap to lift ailing economy
Nov 08, 2024 (AFP)
Local governments in China face a ballooning debt burden of $5.6 trillion, according to Beijing, raising worries about wider economic stability. The Internation...
Stocks falter tracking US, China policy updates
Nov 08, 2024 (AFP)
There is unease that US president-elect Donald Trump's planned tax cuts and import tariffs will rekindle inflation in the United States and beyond, which could ...
Trump's China tariffs back in play; But US firms remain upbeat at trade show
Nov 07, 2024 (AFP)
"I think that tariffs do need to be used to get counterparties back to the table, especially China, which is not living up to all of the agreements they made in...
Pharma giant AstraZeneca says China chief detained
Nov 07, 2024 (AFP)
Leon Wang, president of AstraZeneca China, "has been detained", a representative of the firm's global media team said in an email received by AFP on Thursday. "...
Equities swing, bitcoin hits record as traders weigh Trump 2.0
Nov 07, 2024 (AFP)
The so-called Trump Trade went into overdrive Wednesday as it emerged that the tycoon would return to the White House after beating Democrat Kamala Harris, whil...
US and China must 'get along', Xi tells Trump
Nov 07, 2024 (AFP)
Trump's crushing presidential victory ushers in a new era of uncertainty in the United States and the world, and heralds a possible shift in US-China relations,...
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