TRADE WARS

News About World Trade

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EU's von der Leyen tells Xi differences must be addressed
Dec 07, 2023 (AFP)
"China is the EU's most important trading partner," von der Leyen said in opening remarks at a high-level summit in Beijing, "but there are clear imbalances and...
EU tells China 'differences' must be addressed
Dec 07, 2023 (AFP)
Underlining Beijing's challenges in getting Europe onside, news broke on the eve of the summit that Italy -- the bloc's third-largest economy -- had withdrawn f...
EU leaders meet China's Xi for summit with high stakes but low expectations
Dec 07, 2023 (AFP)
China and the EU have ramped up diplomatic engagement this year in an attempt to steer post-pandemic recovery and repair damaged ties, with a number of its comm...
China says exports rise for first time in seven months
Dec 07, 2023 (AFP)
However, the reading compares with a low base from last year when authorities were still wedded to a zero-Covid policy that hammered output and business activit...
Italy withdraws from China's Belt and Road project
Dec 06, 2023 (AFP)
The long-expected decision was quietly communicated to Beijing three days ago without any official announcement, according to the Corriere della Sera daily. An ...
Moody's downgrades Hong Kong rating outlook to negative
Dec 06, 2023 (AFP)
The city's economy was buoyed by China's post-pandemic reopening but recovery has slowed in the second half of the year, with the government revising full-year ...
Ukrainian truckers stranded in Poland battle cold
Dec 06, 2023 (AFP)
Around 100 truckers have been stuck in Korczowa, one of the crossings blocked by protesting Polish hauliers who complain about what they say is unfair competiti...
Asian markets on front foot as US jobs data provide new rate cheer
Dec 06, 2023 (AFP)
The below-forecast job openings figure bolstered optimism ahead of the closely watched non-farm payrolls report due Friday, which investors hope will confirm th...
EU chief warns China on trade gap ahead of summit
Dec 05, 2023 (AFP)
While the president of the European Commission stressed that EU states would prefer negotiations to a trade war she left an implied threat of protectionist meas...
Asian, European markets drop as traders temper rate cut bets
Dec 05, 2023 (AFP)
Markets surged last month as data pointing to slowing inflation and softer job markets combined with a dovish turn by Federal Reserve officials to stoke expecta...
Moody's downgrades outlook on China credit rating over debt fears
Dec 05, 2023 (AFP)
China's post-pandemic recovery has been hampered by weak consumer and business confidence, a persistent housing crisis, record youth unemployment and a global s...
Crunch time for EU-Mercosur deal at Rio summit
Dec 05, 2023 (AFP)
The presidents of the Mercosur countries -- Brazil, Argentina, Paraguay and Uruguay -- will gather Thursday in Rio de Janeiro, with the clock ticking down on pr...
China's Evergrande liquidation case adjourned until January: HK court
Dec 04, 2023 (AFP)
Once China's biggest real estate developer, Evergrande has reported more than $300 billion in liabilities and its troubles have become a symbol of the nation's ...
PwC to set up blocks preventing exam cheating after $7 mn fine
Dec 04, 2023 (AFP)
The Public Company Accounting Oversight Board (PCAOB) imposed the penalty on the China and Hong Kong offices of the "Big Four" auditing company on Thursday. Mor...
Belarus, China hail deepening ties in Beijing talks
Dec 04, 2023 (AFP)
Lukashenko, a staunch ally of Russia, arrived in China on Sunday for a visit expected to last at least two days. Lukashenko last came to China in February, a tr...
Gold strikes record on rate cut bets but equities struggle
Dec 04, 2023 (AFP)
However, equity markets struggled to build on a positive lead from Wall Street, with attention now turning to key US jobs figures due at the end of the week. Be...
US Commerce chief warns against China 'threat'
Dec 02, 2023 (AFP)
Speaking at an annual national defense forum in Simi Valley, California, Raimondo called Beijing "the biggest threat we've ever had" and stressed "China is not ...
Asian markets struggle even as US data fuels rate cut talk
Dec 01, 2023 (AFP)
There was little desire to jump back in the ring at the start of a new month after a tough week in the region saw some of the gains enjoyed over the previous th...
US audit inspectors unveil $7.9mn fines on China-based firms
Nov 30, 2023 (AFP)
These included PwC affiliates in Hong Kong and China, alongside a Chinese audit company. The $7.9 million in penalties unveiled by the Public Company Accounting...
China factory activity shrinks for second straight month
Nov 30, 2023 (AFP)
The manufacturing purchasing managers' index -- a key measure of factory output -- dipped to 49.4, the National Bureau of Statistics said. The figure was slight...
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