TRADE WARS

News About World Trade

7,454 articles

Virus hands China its first economic contraction in decades
Apr 17, 2020 (AFP)
Gross domestic product shrank 6.8 percent in the January-March quarter from the same period a year earlier, according to figures released by the National Bureau...
Trump lays out gradual reopening of US as China faces virus fire
Apr 17, 2020 (AFP)
Trump's new push came as he saw progress in his campaign to pressure China, with fellow Western leaders agreeing that Beijing has not been transparent on the or...
Could virus crisis kill debt-laden US Postal Service?
Apr 17, 2020 (AFP)
But as with many ordinary things as the coronavirus crisis unfolds, the US Postal Service - already compromised by a mountain of debt - has a most uncertain fut...
China suffers historic contraction as virus paralyses economy
Apr 17, 2020 (AFP)
Gross domestic product in the world's second-largest economy fell 6.8 percent in January-March from a year earlier, according to government figures -- a stunnin...
Reeling states leave jobless Americans waiting for help
Apr 16, 2020 (AFP)
"I didn't know what I was going to do," Cooper, 36, told AFP in a phone interview from his home in Atlanta after finally being approved. "It feels like they hea...
EU aims to bar 'predatory' takeovers of weakened firms
Apr 16, 2020 (AFP)
A statement following the discussion held by videolink did not identify potential threats but participants later made it clear China was the main source of conc...
EU looks to apps as way of easing virus lockdown
Apr 15, 2020 (AFP)
That technology aims to spot localised COVID-19 outbreaks in real-time. Already many individual European governments are on the verge of rolling out their own t...
Chinese economy contracts for first time in decades: AFP survey
Apr 15, 2020 (AFP)
The world's second-largest economy tanked in the first three months of the year as factories closed, consumers were compelled to stay home and the virus spread ...
China foreign trade drops as pandemic drags outlook
Apr 14, 2020 (AFP)
Exports fell 6.6 percent in March from a year earlier and imports dropped 0.9 percent, according to Customs data released Tuesday. The contraction was less than...
China, India to narrowly avoid recession in virus-hit 2020: IMF
Apr 14, 2020 (AFP)
The pandemic has hammered the world economy, with millions of jobs lost and businesses shut because of unprecedented lockdown measures to slow the spread of the...
Cautious hope for pandemic peak as Spain readies to reopen some factories
Apr 13, 2020 (AFP)
Italy, France and the US have all seen a drop in COVID-19 deaths in the past 24 hours, with Italy -- the European nation most afflicted -- reporting its lowest ...
German exports up in Feb, virus hurts China trade
Apr 09, 2020 (AFP)
Exports grew 1.3 percent month-on-month while imports fell 1.6 percent, federal statistics body Destatis said in seasonally adjusted figures. Germany's trade su...
Pollution data shows early signs of China recovery: IMF
Apr 06, 2020 (AFP)
"The COVID-19 pandemic has pushed the world into a recession. For 2020 it will be worse than the global financial crisis," the authors, including International ...
Starbucks competitor Luckin apologises for fraud scandal
Apr 05, 2020 (AFP)
The company's former chief operating officer, Liu Jian, and several of his staff have been suspended pending an internal investigation, it said in a US Securiti...
G77, China demand end to sanctions in pandemic
Apr 03, 2020 (AFP)
In a statement implicitly aimed at the United States, which has tough sanctions against Iran and Venezuela, the coalition of developing nations said the applica...
Falling China imports fuel US trade deficit decrease
Apr 02, 2020 (AFP)
The Commerce Department report on imports and exports was compiled before the worst of the virus's economic disruptions hit the United States, where many busine...
HSBC and Standard Chartered shares dive after dividends scrapped
Apr 01, 2020 (AFP)
The announcements came after Britain's Prudential Regulation Authority (PRA) wrote to lenders to ask them to cancel payments of any outstanding dividends to sec...
Asian stocks suffer sell-off as virus uncertainty casts shadow
Apr 01, 2020 (AFP)
With the number of infected and dead still surging in Europe and the United States, hopes are fading that strict containment measures keeping billions of people...
World Bank warns China growth could screech to a halt
Mar 31, 2020 (AFP)
The pandemic is causing "an unprecedented global shock, which could bring growth to a halt and could increase poverty across the region," said Aaditya Mattoo, W...
China's factory activity rebounds but threat from virus looms
Mar 31, 2020 (AFP)
China is slowly returning to life after months of tough restrictions aimed at containing the deadly COVID-19, which put millions of people into virtual house ar...
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