TRADE WARS

News About World Trade

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Former Bank of China chairman arrested for corruption
Oct 16, 2023 (AFP)
The state-owned bank said in February that Liu Lian'ge, 62, had stepped down as chairman and been removed from his position as Communist Party chief. China's to...
Asian markets drop as Middle East conflict worries grow
Oct 16, 2023 (AFP)
After a week-long bombing campaign, Israel has amassed a huge army on the border with Gaza for what is expected to be a ground incursion aimed at flushing out m...
China saw moderate third-quarter growth as hurdles persist: survey
Oct 16, 2023 (AFP)
Authorities have been seeking ways to reinvigorate activity in an economy grappling with a major property crisis and weaker consumption since Beijing abolished ...
Markets snap week-long rally as US inflation dents rate hopes
Oct 13, 2023 (AFP)
Markets have enjoyed a fruitful few days since last week's jobs report suggested the world's top economy remained resilient but was not too strong to warrant mo...
Borrell says trust between EU, China 'eroded'
Oct 13, 2023 (AFP)
Borrell arrived in China on Thursday, looking to manage the bloc's "de-risking" strategy with its largest trading partner while laying the foundations for a pla...
China trade figures improve slightly in September
Oct 13, 2023 (AFP)
The government has recently enacted measures to boost activity in a sluggish economy grappling with a major property crisis and weaker consumption since Beijing...
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...
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 ...
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...
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...
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...
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....
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 ...
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...
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...
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-...
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