TRADE WARS - AFRICA DAILY

Chinese demand boosts German exports in January

Mar 09, 2021 (AFP)

Exports rose 1.4 percent month-on-month in seasonally adjusted figures, federal statistics office Destatis said. Imports slumped 4.7 percent, widening Germany's...

NGOs slam OECD candidate's 'terrible' climate record

Mar 08, 2021 (AFP)

More than two dozen global civil society leaders have written to the OECD's selection chair to draw attention to what they say are former finance minister Mathi...

China exports spike to highest in decades after Covid-19 hit

Mar 07, 2021 (AFP)

Electronics and textile exports such as masks contributed to the spike in outbound shipments, as demand for work-from-home supplies and protective gear against ...

Swiss approve Indonesia free trade deal

Mar 07, 2021 (AFP)

Controversy surrounding the importation of Indonesian palm oil and its sustainability fuelled enough concern in Switzerland to trigger a public vote on the agre...

China to intensify supervision of booming fintech sector

Mar 05, 2021 (AFP)

Beijing has in recent months looked to rein in its booming financial technology companies to address a worrying debt mountain in the country, while also deflati...

China says wants economy to grow over 6% in 2021

Mar 05, 2021 (AFP)

The global growth powerhouse stuttered in 2020, logging its slowest expansion in four decades as strict virus containment measures at home collided with a freez...

Asia markets track Wall St plunge as rate hike fears grow

Mar 05, 2021 (AFP)

While the rollout of vaccines, slowing infections, easing of lockdowns and an imminent new stimulus are breathing life back into economies, investors are increa...

China sets growth target of 'above 6%' for 2021

Mar 05, 2021 (AFP)

The goal comes after the world's number two economy suffered its slowest rate of expansion in four decades because of the strict containment measures and as the...

Hong Kong removed from economic freedom ranking it once dominated

Mar 04, 2021 (AFP)

The announcement is a reputational blow for Hong Kong and comes as Beijing ramps up its bid to quash dissent after huge and sometimes violent pro-democracy demo...

Asia markets resume losses as inflation fears take hold again

Mar 04, 2021 (AFP)

After a year-long rally across the planet and with light at the end of the pandemic tunnel, focus is now on the expected surge in activity as lockdowns are ease...

No tills? No problem. Amazon opens 'contactless' UK grocery store

Mar 04, 2021 (AFP)

Customers at Amazon Fresh in Ealing Broadway shopping centre in west London queued outside the black and green storefront under social distancing measures to be...

Germany to fine companies violating rights

Mar 03, 2021 (AFP)

Under the law approved by Chancellor Angela Merkel's cabinet, companies with annual revenues of 400 million euros ($484 million) or more can be fined up to two ...

Asian equities advance but inflation, correction worries persist

Mar 03, 2021 (AFP)

News of more vaccines coming on line and being rolled out, the expected passage of Joe Biden's stimulus package, slowing infection rates and easing lockdowns ar...

Biden administration pledges to stand firm against China trade abuses

Mar 01, 2021 (AFP)

In addition, Biden's trade team will seek to repair relations with allies, and defend US workers, according to the 2021 President's Trade Agenda submitted to Co...

Asia markets stage rebound after last week's rout

Mar 01, 2021 (AFP)

However, observers warned that trading floors were still gripped by fears the expected global economic recovery will fuel inflation and force a hike in interest...

Chinese investment in Australia plunges as relations sour, virus bites

Feb 28, 2021 (AFP)

The reading marks the fourth straight drop and is just a fraction of the $13 billion injected into the country in 2016, with Canberra growing increasingly wary ...

China factory activity grows at slowest pace in 9 months

Feb 28, 2021 (AFP)

The Purchasing Managers' Index (PMI), a key gauge of manufacturing activity, fell to 50.6 last month from 51.3, said the National Bureau of Statistics, with slo...

US trade pick Tai defends use of tariffs

Feb 25, 2021 (AFP)

She also stressed that she would aim to repair trade relations with American allies which suffered under the "America First" hardline policies of former preside...

Chinese court orders man to pay ex-wife for housework in landmark ruling

Feb 24, 2021 (AFP)

Under the country's new civil code, which came into effect this year, divorcing spouses have the right for the first time to request compensation if they bore m...

New York shuts cryptocurrency exchanges which hid losses

Feb 24, 2021 (AFP)

State Attorney General Letitia James said the agreements this week with Bitfinex and Tether would end all trading activity with New Yorkers and require penaltie...