TRADE WARS - AFRICA DAILY

China selects new chiefs for top economic posts

Feb 24, 2017 (AFP)

China has replaced its commerce minister and the head of its top economic planning body, state media said Friday, as the country grapples with mounting financia...

China overtakes US as Germany's top trade partner

Feb 24, 2017 (AFP)

China overtook the United States last year to become Germany's biggest trading partner for the first time, official data showed, a shift likely to reassure Berl...

US Treasury's Mnuchin dials back Trump economic promises

Feb 23, 2017 (AFP)

US Treasury Secretary Steven Mnuchin on Thursday dialed back some of President Donald Trump's economic policy pledges, including on growth and China's currency....

Trump plots 'tough policies' to return jobs from China

Feb 23, 2017 (AFP)

President Donald Trump huddled with US manufacturing moguls at the White House Thursday, discussing "tough policies" to bring "our jobs back" from places like C...

HSBC profits plunge as bank navigates political storms

Feb 21, 2017 (AFP)

HSBC profits plunged last year on huge writedowns and restructuring charges, the banking titan said Tuesday, warning of uncertainty over Brexit and Donald Trump...

China's huge debt poses big headache for central bank

Feb 20, 2017 (AFP)

Chinese banks lent more money in January alone than the annual GDP of South Africa, as borrowers rushed to take advantage of government policies intended to sti...

China outbound investment plunges under new curbs

Feb 16, 2017 (AFP)

China's direct overseas investment plummeted 35.7 percent year-on-year in January, official data showed Thursday, after officials rolled out rules to curb a rec...

Trump trade strategy 'doomed to failure:' US trade expert

Feb 16, 2017 (AFP)

President Donald Trump's rejection of multilateral trade agreements in the Asia-Pacific in favor of one-on-one deals is "doomed to failure," a noted US trade ex...

EU Parliament backs landmark Canada trade deal

Feb 15, 2017 (AFP)

The European Parliament backed a contested EU-Canada free trade deal on Wednesday, facing down protests by activists and Donald Trump-inspired calls for protect...

EU Parliament to vote on Canada trade deal

Feb 15, 2017 (AFP)

The European Parliament holds a landmark vote Wednesday on a contested EU-Canada free trade deal amid rising anti-globalisation sentiment in Europe. If MEPs bac...

IAI completes IUHDSS port security project in India

Feb 14, 2017 (UPI)

Israel Aerospace Industries has completed and delivered its Integrated Underwater Harbor Defense and Surveillance System project for India's navy. The project, ...

Surge in China factory-gate prices fans inflation hopes

Feb 14, 2017 (AFP)

Chinese factory-gate prices climbed for a fifth straight month in January, the government said Tuesday, fuelling hopes the world's biggest goods trader can expo...

Canada PM Trudeau to talk up trade in Europe

Feb 14, 2017 (AFP)

Prime Minister Justin Trudeau will seek to quell protectionist headwinds when he travels to Europe to mark the EU parliament's ratification of a landmark free-t...

China's steel capacity grew in 2016 despite pledges

Feb 13, 2017 (AFP)

China increased its steelmaking capacity last year by more than twice Britain's annual output, a report said Monday, despite repeated pledges to cut huge excess...

China exports surge tainted by fears of trade turmoil

Feb 10, 2017 (AFP)

Chinese exports surged more than forecast in January, data showed Friday, in a fresh sign of improvement in the world's number two economy as leaders prepare fo...

Struggling retailers seek silver bullet in Amazon era

Feb 10, 2017 (AFP)

Want a coffee while you shop? A glass of wine? Those are just few of the gimmicks being rolled out by retailers as they fight to boost store traffic -- and ensu...

In the US, Trump ushers in era of dramatic deregulation

Feb 10, 2017 (AFP)

Methane emissions, guns, river pollution, Wall Street: hand in hand with President Donald Trump, the Republican majority in Congress has begun to repeal Obama-e...

China tightens controls on Bitcoin trading platforms

Feb 09, 2017 (AFP)

Chinese bitcoin trading platforms risk closure if they breach new controls on the virtual currency, the central bank said Thursday, as authorities step up effor...

British PM, eyeing post-Brexit, to visit China this year

Feb 07, 2017 (AFP)

Prime Minister Theresa May will visit China later this year, with talks likely to include closer trade ties for when Britain leaves the European Union, her Down...

Top tech companies argue against Trump travel ban

Feb 06, 2017 (AFP)

Dozens of top tech companies -- including Apple, Facebook, Google, Microsoft and Twitter -- have filed a joint legal brief arguing against President Donald Trum...