TRADE WARS

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EU foreign policy chief arrives in China for pre-summit talks
Oct 12, 2023 (AFP)
The visit comes just days after war broke out between Israel and Hamas, prompting Borrell to assemble an emergency meeting of European foreign ministers. China ...
Asian markets press on with rally, China fund boosts optimism
Oct 12, 2023 (AFP)
The mood was enhanced by news that China's massive sovereign wealth fund had bought stakes in the country's biggest banks, fuelling speculation it could broaden...
China to hold third Belt and Road forum next week
Oct 11, 2023 (AFP)
Representatives from over 130 countries are set to take part in the event celebrating the 10-year anniversary of Beijing's vast infrastructure initiative. "Chin...
China to hold Belt and Road celebration with Putin expected
Oct 11, 2023 (AFP)
The Belt and Road is a landmark project in President Xi Jinping's bid to expand China's clout overseas, with Beijing saying this week it had now inked over two ...
Asian markets build on global rally as Fed pause hopes grow
Oct 11, 2023 (AFP)
While uncertainty caused by the Israel-Hamas crisis is keeping nerves on edge, the mood on trading floors has improved after a healthy US jobs report last week ...
China's Belt and Road generated over $2 trillion in contracts: Beijing
Oct 10, 2023 (AFP)
A white paper from China's State Council also said countries participating in the initiative owe more than $300 billion to the Export-Import Bank of China (Exim...
US outpaces Europe while China struggles: IMF economist
Oct 10, 2023 (AFP)
Pierre-Olivier Gourinchas spoke to AFP ahead of Tuesday's release of the International Monetary Fund's World Economic Outlook in Marrakesh, Morocco. This interv...
China's Country Garden says might not meet all debt obligations
Oct 10, 2023 (AFP)
Country Garden -- one of China's biggest property developers -- had racked up debts estimated at 1.43 trillion yuan ($196 billion) by the end of 2022. Its cash ...
China 2023 economic growth forecast slashed
Oct 10, 2023 (AFP)
With an unprecedented property crisis stifling economic activity and weighing on household confidence, the IMF also slashed its 2024 estimate to 4.2 percent fro...
Markets cheered by Fed rate hopes, oil eases after surge
Oct 10, 2023 (AFP)
The big gains came as oil pared the previous day's surge, which had been fuelled by supply worries after Hamas launched a deadly weekend attack on Israel. Trade...
IMF 'particularly concerned' over China's property crisis
Oct 10, 2023 (AFP)
The IMF revised down its growth forecasts for China earlier on Tuesday, under the weight of a real estate crisis threatening the world's second biggest economy....
Top diplomat Wang hopes US, China can 'rationally' manage differences
Oct 09, 2023 (AFP)
Senate Majority Leader Chuck Schumer is the latest high-level American official to go to China as Washington seeks to ease tensions with Beijing, leading a six-...
US bank Citigroup to sell its China retail business to HSBC
Oct 09, 2023 (AFP)
The deal, which will be finalized in the first half of 2024, will include the transfer of around $3.6 billion in assets under management and bank deposits to HS...
Oil prices jump as Hamas attack on Israel fuels supply fears
Oct 09, 2023 (AFP)
The crisis fanned concerns about supplies of crude from the region at a time when supply worries are already high owing to Saudi Arabia and Russia's output cuts...
US senators arrive in China seeking Xi meeting
Oct 07, 2023 (AFP)
Schumer is set to meet with senior officials in Shanghai before heading to Beijing, where Bloomberg has reported his delegation is seeking a meeting with Presid...
EU foreign policy chief to visit China next week
Oct 06, 2023 (AFP)
Borrell first pushed back the trip in April after testing positive for coronavirus and was then expected to go in July before China abruptly called off the visi...
Macau bets on China's 'Golden Week' holiday to stage comeback
Oct 05, 2023 (AFP)
Chinese travellers are expected to make more than 100 million daily trips during the annual national holiday -- making it the "hottest" Golden Week ever, a stat...
Asian markets follow US lead with gains
Oct 05, 2023 (AFP)
The US markets finished Wednesday higher, snapping a three-day losing streak, with the tech-rich Nasdaq closing up 1.4 percent. The Dow Jones Industrial Average...
China's Sunac wins court approval for debt restructuring
Oct 05, 2023 (AFP)
The developer said in a filing to the Hong Kong stock exchange that its proposal to restructure $9 billion of offshore debt had been sanctioned by Judge Jonatha...
China says welcomes US congressional visit
Oct 04, 2023 (AFP)
Next week's delegation will be the latest in a series of visits by US officials to China, as both sides seek to defuse tensions across a range of security and e...
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