TRADE WARS - AFRICA DAILY

Reforms and transparency needed for Belt and Road success: World Bank

Jun 19, 2019 (AFP)

President Xi Jinping's signature foreign policy aims to reinvent the ancient Silk Road to connect Asia to Europe and Africa through massive investments in marit...

Trump-Xi meeting at G20 raises hope for trade truce

Jun 19, 2019 (AFP)

The two leaders spoke on the phone on Tuesday, weeks after negotiations broke down when Trump accused Beijing of reneging on its commitments, hiked tariffs on $...

In China's Chongqing, high-rises buck property slowdown

Jun 19, 2019 (AFP)

The most audacious evidence is one of the newest additions to the city's skyline, a mega project of eight futuristic high-rises, six of which are connected by a...

With 'Libra,' Facebook takes on the world of cryptocurrency

Jun 18, 2019 (AFP)

The Libra coin plan, backed by financial and nonprofit partners, represents an ambitious new initiative for the world's biggest social network with the potentia...

Trump-Xi meeting planned for G20 raises hope for trade truce

Jun 18, 2019 (AFP)

Trump said the leaders had a "good" conversation, while Xi said the countries have more to gain by cooperating than by engaging in a protracted battle. The comm...

EU urged to halt trade talks with S. America over Brazil abuses

Jun 18, 2019 (AFP)

The appeal from more than 340 groups could further complicate the European Union's bid to conclude 20 years of talks for a free trade agreement with Brazil and ...

With virtual money, Facebook bets on disrupting the world, again

Jun 18, 2019 (AFP)

The Libra cryptocurrency unveiled Tuesday by Facebook with two dozen partners aims to bring financial services and online commerce to more than a billion "unban...

China to block pork imports from Canadian firm: Xinhua

Jun 18, 2019 (AFP)

Sino-Canadian relations have been frosty since the December arrest in Vancouver of a top executive of telecoms giant Huawei on a US extradition request related ...

Businesses clamor for Trump's ear as $300 bn in new China tariffs loom

Jun 17, 2019 (AFP)

And on Monday, seven days of public hearings are due to begin as major businesses issue their loudest warnings yet about layoffs, lost business and America's wa...

China probes FedEx after Huawei parcels misrouted

Jun 14, 2019 (AFP)

FedEx apologised earlier this month for the delivery mishap after Chinese telecoms giant Huawei said it was reviewing its ties with the package service over the...

More worry for China as industrial growth disappoints

Jun 14, 2019 (AFP)

Authorities have for years been attempting to transition the world's number two economy from a reliance on state investment and exports to a more stable model d...

Amazon dethrones Google as top global brand: survey

Jun 11, 2019 (AFP)

The brand value of Amazon surged by 52 percent to $315 billion, global market research agency Kantar said in its 2019 100 Top BrandZ report. Amazon jumped from ...

Beijing mum on Trump-Xi meeting at G20 summit

Jun 11, 2019 (AFP)

Trump said a meeting with Xi has been "scheduled" during the G20 summit in Japan later this month, and that he expected the Chinese leader to attend. "We have n...

China's exports beat forecast to rise as trade war heats up

Jun 10, 2019 (AFP)

The spat between the world's top two economies escalated last month, with President Donald Trump increasing tariffs on $200 billion in Chinese goods. But Chines...

Trump delivers hard line on new China tariffs threat

Jun 10, 2019 (AFP)

Trump delivered his hardline message ahead of the G20 summit on June 28-29 in Osaka, Japan, which could mark a turning point in the trade dispute between the wo...

EU states adopt 'panda bonds' in Chinese outreach

Jun 09, 2019 (AFP)

Italy might join the trend as well, despite EU concerns that China may be seeking a way to increase its influence on the continent. On May 30, Portugal became t...

G20 frets over global economy amid US-China trade war

Jun 09, 2019 (AFP)

Finance ministers and central bank chiefs from the G20 group of the world's top economies are expected to note the "downside risks" to the global economy from t...

Banning Huawei would cost EU telcos up to 55 bn euros: industry body

Jun 07, 2019 (AFP)

The operators would also face delays of up to 18 months in getting next-generation 5G out to their customers, according to the impact assessment drawn up by the...

China has tools to handle trade war: central bank chief

Jun 07, 2019 (AFP)

There is "tremendous" room to counter the deepening trade war, People's Bank of China governor Yi Gang said in an interview with Bloomberg TV. "We have plenty o...

China to release details on blacklist of 'unreliable' companies soon

Jun 06, 2019 (AFP)

Last month the US Commerce Department placed Chinese tech giant Huawei and dozens of its affiliates on an "entity list" on grounds of national security. The mov...