TRADE WARS

News About World Trade

7,281 articles

'Strong enough now': BRICS nations eye global geopolitical shift
Aug 20, 2023 (AFP)
South Africa's Cyril Ramaphosa is expected to host China's President Xi Jinping, India's Prime Minister Narendra Modi and Brazil's President Luiz Inacio Lula da...
'Can't sleep at night': China's youth worry about tough job market
Aug 20, 2023 (AFP)
The months-long search has taken an emotional toll on the 23-year-old, who had ironically conducted a survey on jobseeking anxiety as part of her university stu...
Five things to know about BRICS
Aug 20, 2023 (AFP)
Representing 23 percent of the world's gross domestic product (GDP) and 42 percent of the world's population, they are seeking to dull Western economic dominati...
Biden says still expects to meet Xi later this year
Aug 18, 2023 (AFP)
Biden held his first meeting as president with Xi in November 2022 in Bali where they agreed to work to manage high tensions between the world's two largest eco...
Stocks drop as investors worry about US rates, China woes
Aug 18, 2023 (AFP)
In the eurozone, Paris and Frankfurt ended the week in the red. In London, the FTSE 100 also closed lower, as a wet July dampened UK retail sales, which fell mo...
US says China, Germany and Canada dumping tin mill steel
Aug 18, 2023 (AFP)
The Commerce Department said a preliminary investigation found that the Canadian subsidiary of steelmaker ArcelorMittal and Germany-headquartered thyssenkrupp h...
Stocks dragged further by US rate worry, China gloom
Aug 18, 2023 (AFP)
Traders have been spooked after minutes from the US central bank's July meeting hinted that further increases in borrowing costs could lie ahead, as policymaker...
Chinese developer Evergrande files for bankruptcy protection
Aug 18, 2023 (AFP)
Evergrande, once China's top property developer, was found in 2021 to be struggling with more than $300 billion in liabilities, as it came under intense pressur...
China's property sector crisis fuels fears of contagion
Aug 17, 2023 (AFP)
The firm's debt woes come two years after the unravelling of its competitor Evergrande. Here is why Country Garden's plight is being closely monitored by market...
Most markets drop as US rate, China fears dent global optimism
Aug 17, 2023 (AFP)
While minutes from the US central bank's July meeting showed two decision-makers were against lifting borrowing costs, they also revealed that "most participant...
China says economic recovery 'tortuous' but Western critics will be 'proven wrong'
Aug 16, 2023 (AFP)
The comments come after a raft of recent figures that have stoked concerns over China's stuttering post-Covid recovery, and after US President Joe Biden said th...
China's Country Garden says 'major uncertainties' over bond payments
Aug 16, 2023 (AFP)
Country Garden -- listed among the world's 500 biggest companies by Forbes -- has warned of losses worth billions of dollars and is staring at the possibility o...
Asian markets fall on China woes, US rate concerns
Aug 16, 2023 (AFP)
The bounce in July sales, boosted by online spending, showed that consumption has proven more robust than expected, even as the US economy cools. Comments by Mi...
WTO rules against China retaliatory tariffs on US imports
Aug 16, 2023 (AFP)
A WTO panel set up to help resolve one of numerous disputes within the tit-for-tat trade war between the world's two biggest economies found that China's "addit...
China snubs Canada as restrictions on tourism travel lifted
Aug 16, 2023 (AFP)
Last week Beijing lifted a Covid-era ban on group tours to dozens of countries including the United States, Germany, Japan and Australia, but not Canada. Travel...
China stops releasing youth jobs data as economic figures disappoint
Aug 15, 2023 (AFP)
Shortly before the latest uninspiring indicators were published, the central bank cut a key interest rate in an effort to boost flagging growth. The new data ad...
'Very worried': Youth unemployment cause for concern in China
Aug 15, 2023 (AFP)
Recently, the figure has hit a record every month, with 21.3 percent of young people jobless in June. The July data was expected Tuesday but the National Bureau...
Asian markets mixed on US tech rally, weak China data
Aug 15, 2023 (AFP)
Gains by large tech companies including Amazon, Google parent Alphabet and Meta Platforms lifted the Nasdaq by more than one percent at the close Monday. The se...
Ralph Lauren probed in Canada over Uyghur forced labour claims
Aug 15, 2023 (AFP)
The announcement follows similar probes of Nike Canada and Canadian mining firm Dynasty Gold, which the Canadian Ombudsperson for Responsible Enterprise (CORE) ...
Chinese property giant Country Garden's shares sink on default fears
Aug 14, 2023 (AFP)
Like its troubled competitor Evergrande, any collapse of Country Garden would have catastrophic repercussions for the Chinese financial system and economy. The ...
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