TRADE WARS

News About World Trade

7,456 articles

Global brands that backed down under China's wrath
Oct 08, 2019 (AFP)
From airlines to luxury brands, numerous companies have had to apologise or face boycotts for offending China's views on semi-autonomous Hong Kong and self-rule...
China slams 'wrong' remarks by Rockets executive on Hong Kong
Oct 08, 2019 (AFP)
Chinese state television has suspended broadcasts of NBA preseason games being held in China and sponsors have dropped the Houston Rockets in the wake of the tw...
Strife-torn Hong Kong dropped from next year's Formula E
Oct 05, 2019 (AFP)
Organisers released next season's calendar late Friday with the semi-autonomous city noticeably absent for the first time since 2016. The release made no mentio...
US unemployment falls to 50-year low of 3.5% in September
Oct 04, 2019 (AFP)
Meanwhile, with a strong dollar and slowing global economy, the US trade deficit widened in August, as the trade conflicts ate into export growth. Trump immedia...
Polish banks brace for lawsuits after EU court ruling
Oct 03, 2019 (AFP)
Estimates of the potential losses for lenders vary, with experts indicating the banks concerned could reach from one to six times of their 2018 earnings. The Lu...
US hits China with additional duties on $4.4 bn in cabinets
Oct 03, 2019 (AFP)
About $4.4 billion of wooden cabinets and vanities imported from China will face additional duties because they are being dumped on the American market at less ...
Developing country debt jumps to $7.8 tn in 2018: World Bank
Oct 02, 2019 (AFP)
But the data show an increasing share of countries where the debt burden is rising, according to the International Debt Statistics Report. A growing appetite fo...
Starbucks becomes latest target of Hong Kong protester rage
Sep 30, 2019 (AFP)
Multiple branches were covered with graffiti over the weekend as the city witnessed some of the most intense clashes between hardcore protesters and riot police...
China's factory activity edges up in September
Sep 30, 2019 (AFP)
According to the National Bureau of Statistics, the Purchasing Managers' Index (PMI) rose from 49.5 in August to 49.8 this month -- better than predicted in a B...
New Zealand's Ardern announces five-way climate trade talks
Sep 26, 2019 (AFP)
The initiative was announced along with the prime ministers of Fiji, Iceland, Norway and vice minister of foreign trade of Costa Rica at the United Nations on W...
BIS sets up 'green' bond fund for central banks
Sep 26, 2019 (AFP)
The Basel-based BIS, considered the central bank for central banks, said the new fund would help "central banks to incorporate environmental sustainability obje...
China to step up support as economy slows further: ADB
Sep 25, 2019 (AFP)
The bank is now forecasting 6.2 percent growth in 2019 and 6.0 percent in 2020, a downgrade on its April predictions. "Domestic consumption will be the main dri...
US pressures China on Hong Kong, Uighurs and trade
Sep 25, 2019 (AFP)
President Donald Trump fired several shots across the bow of the fellow Security Council member, moving beyond his typical attacks against China on internationa...
Swiss to file criminal complaint against China's HNA
Sep 25, 2019 (AFP)
FINMA in a statement said it had conducted a probe into the stake HNA controlled in Dufry from 2017 to January 2019, which cumulatively reached 21 percent. HNA ...
US to stay in global postal union after reform deal reached
Sep 25, 2019 (AFP)
President Donald Trump's administration had argued that American taxpayers were being forced to subsidise deliveries from other countries, notably China, and vo...
UN calls for 'Global Green New Deal' to boost world economy
Sep 25, 2019 (AFP)
In a fresh report, the UN trade, investment and development agency (UNCTAD) called for countries to join forces and enable trillions of dollars in public sector...
Fall of Thomas Cook creates 'tsunami' of losses for tourist resorts
Sep 24, 2019 (AFP)
Beyond the urgent need to repatriate hundreds of thousands of tourists, industry professionals were agonising over the huge sum in unpaid bills. The British pac...
China says in 'no rush' for economic stimulus
Sep 24, 2019 (AFP)
A lingering trade war with the United States and cooling growth has raised expectations that Beijing may resort to an a round of stimulus measures to provide a ...
Global postal agency warns of 'total disruption' if US pulls out
Sep 24, 2019 (AFP)
President Donald Trump's administration announced last October that it planned to withdraw from the Universal Postal Union (UPU) in a year unless it underwent d...
Iraq to join China's Belt and Road project
Sep 23, 2019 (AFP)
Adel Abdel Mahdi made the announcement in a meeting with Chinese President Xi Jinping during a state visit. "Iraq has gone through war and civil strife and is g...
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