TRADE WARS - AFRICA DAILY

Markets struggle as China growth misses forecasts

Jul 17, 2023 (AFP)

Equities surged last week as news that US inflation slowed more than forecast fanned hopes that the Federal Reserve would soon end its campaign of interest rate...

China's top diplomat tells EU not to 'vacillate'

Jul 15, 2023 (AFP)

Germany, Europe's leading economy on Thursday, announced plans to "de-risk" ties with China. Other EU leaders, weary of China's growing assertiveness and cosy r...

'Artificially high' growth predicted for China in Q2: survey

Jul 15, 2023 (AFP)

A year ago, with restrictions such as sudden lockdowns, travel curbs and factory shutdowns the norm, China posted 0.4 percent on-year growth, one of its lowest ...

Markets extend rally on hopes Fed near end of rate hike cycle

Jul 14, 2023 (AFP)

Global markets have been bubbling this week on hopes for an end to monetary tightening aimed at taming inflation, which was fuelled by post-Covid reopening, sup...

Australia raises human rights, trade with China's top diplomat

Jul 14, 2023 (AFP)

Foreign Minister Penny Wong also suggested a long-awaited trip to Beijing by the Australian prime minister could be put on ice until a lingering trade dispute b...

Beijing says Germany's new China strategy to result in 'risks'

Jul 14, 2023 (AFP)

The 64-page strategy, adopted on Thursday by officials in Berlin who said it was formulated in response to a "more assertive" China, has already drawn the ire o...

Burberry sales jump on China boost

Jul 14, 2023 (AFP)

Group sales grew 18 percent to 589 million pounds ($772 million) in its first quarter, or three months to the end of June, compared with a year earlier, accordi...

EU Commission rebuffs Paris demand to 'reconsider' American hire

Jul 14, 2023 (AFP)

"The decision was made. We see no grounds to reconsider," commission spokeswoman Dana Spinant said. The French government on Thursday asked the commission to re...

Blinken rallies SE Asia against 'coercion', in swipe at China

Jul 14, 2023 (AFP)

Blinken met foreign ministers from the Association of Southeast Asian Nations (ASEAN) in Jakarta at a gathering that also brought the top diplomats of China and...

Wang tells Blinken to 'work with China' on improving US ties

Jul 14, 2023 (AFP)

The discussion on the sidelines of Southeast Asian talks in Jakarta on Thursday was the latest in a series of high-level interactions as the two sides try to ea...

Top US, Chinese diplomats to meet at ASEAN talks

Jul 13, 2023 (AFP)

US Secretary of State Antony Blinken and Wang Yi, China's top foreign policy official, will meet on the sidelines of Association of Southeast Asian Nations talk...

China exports plunge in June, deepening economic woes

Jul 13, 2023 (AFP)

Overseas shipments are a key pillar of growth in the world's second-largest economy but apart from a brief rebound in March and April, they have declined since ...

Germany bolsters approach to more 'assertive' China

Jul 13, 2023 (AFP)

Seeking a balance between competing interests of the EU's biggest economy, the document overhauls Germany's stance toward China as a "partner, competitor and sy...

Markets surge on hopes Fed close to end of hiking cycle

Jul 13, 2023 (AFP)

Traders already had a spring in their step this week on signs that the US central bank's monetary tightening measures were kicking in, fanning speculation that ...

Most markets advance as US inflation data looms

Jul 12, 2023 (AFP)

Regional equities have enjoyed a broadly positive week so far after China signalled a long-running crackdown on the tech sector was nearing an end while officia...

ASEAN-plus-three to meet on South China Sea, economic ties

Jul 12, 2023 (AFP)

China will be represented at the talks by top diplomat Wang Yi instead of Foreign Minister Qin Gang after Qin pulled out for "health reasons", according to the ...

Stock markets mostly rise on China support; pound rallies

Jul 11, 2023 (AFP)

Traders were looking ahead to US inflation data this week, set to provide fresh indication of the Federal Reserve's interest rate plans. Hong Kong was again one...

Yellen sees 'desire on both sides' for productive US-China ties

Jul 10, 2023 (AFP)

Yellen's comments on National Public Radio's Marketplace program come after a four-day visit to Beijing during which she met with China's new economic leadershi...

New Zealand signs 'ambitious' trade deal with EU

Jul 09, 2023 (AFP)

The deal, agreed in June 2022 after four years of tough negotiations, is "ambitious", said European Commission President Ursula von der Leyen. "It is a very wel...

US-China cooperation in climate finance 'critical': Yellen

Jul 08, 2023 (AFP)

Yellen is on a four-day trip to Beijing, as the United States seeks to cool tensions and stress areas of collaboration between the world's two largest economies...