TRADE WARS

News About World Trade

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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...
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...
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...
'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...
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...
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) ...
Argentina devalues peso after shock primary election result
Aug 14, 2023 (AFP)
In a unique election format, all Argentines on Sunday voted for their favorite among 22 potential tickets, allowing parties to pick their main candidate while p...
Stocks fizzle as traders eye China property risks
Aug 14, 2023 (AFP)
Developer Country Garden missed bond payments and warned of multi-billion-dollar losses, deepening concerns over China's heavily indebted real-estate sector and...
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 ...
Cambodia's next leader, Chinese FM pledge to boost ties
Aug 13, 2023 (AFP)
Wang arrived in Cambodia on Saturday, the first Chinese official to visit since Hun Manet was appointed prime minister on Monday, as part of a three-day tour of...
Markets drop again as US inflation fails to soothe rate fears
Aug 11, 2023 (AFP)
A highly anticipated report showed July consumer prices rose more than the previous month but less than feared, giving the US central bank room to take a lighte...
Markets struggle again as US inflation fails to sooth rate worries
Aug 11, 2023 (AFP)
A highly anticipated report showed July consumer prices rose more than the previous month but less than feared, giving the US central bank room to take a lighte...
Biden calls China 'ticking time bomb' over economic woes
Aug 11, 2023 (AFP)
"China is a ticking time bomb in many cases," Biden said at a private fundraising event in the western state of Utah. The Democrat pointed to the country's high...
China resumes group tours to US, UK, Japan and Australia
Aug 10, 2023 (AFP)
China cut itself off from the world in 2020 as part of a strict zero-Covid strategy, using visa suspensions and lengthy quarantines to curb the import of virus ...
China says US investment policy 'severely disrupts' global supply chains
Aug 10, 2023 (AFP)
US President Joe Biden hours earlier announced an executive order directing the Treasury Department to restrict certain US investments in China in sensitive hig...
Nervous investors trade cautiously ahead of US inflation report
Aug 10, 2023 (AFP)
The feel-good factor that characterised much of July has given way to uncertainty about the US central bank's plans following a mixed jobs report and warnings f...
Chinese FM begins SE Asia tour as South China Sea tensions flare
Aug 10, 2023 (AFP)
His three-day trip, after returning to the post last month following the unexplained disappearance of predecessor Qin Gang, also includes Malaysia and Cambodia....
Chinese FM Wang Yi to embark on Southeast Asia tour
Aug 09, 2023 (AFP)
Wang, who returned to the post last month after the unexplained disappearance of predecessor Qin Gang, will travel to the three countries from Thursday to Sunda...
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