TRADE WARS - AFRICA DAILY

China factory-gate inflation hits 5.5% in December

Jan 10, 2017 (AFP)

China's producer prices rose at their swiftest pace in more than five years in December, the government said Tuesday, in a positive sign of strengthening demand...

HSBC mulls moving business ahead of Brexit

Jan 10, 2017 (AFP)

HSBC chairman Douglas Flint on Tuesday warned that the banking titan could move activities from London to continental Europe ahead of Brexit. Britain is due to ...

Trump, China's Ma hold 'great' meeting on jobs

Jan 09, 2017 (AFP)

President-elect Donald Trump and China's billionaire founder of e-commerce giant Alibaba held "great" talks in New York on Monday focused on creating US jobs an...

McDonald's sells China operations for $2.08 bn

Jan 09, 2017 (AFP)

US fast-food giant McDonald's will sell a controlling stake in its China and Hong Kong business for up to $2.08 billion to a consortium including state-owned Ci...

Obama administration defends handling of China trade

Jan 09, 2017 (AFP)

In its final report before handing the reins over to President-elect Donald Trump, the Obama administration defended its handling of China trade disputes and it...

China's Alibaba sues vendors over selling counterfeits

Jan 05, 2017 (AFP)

Chinese e-commerce giant Alibaba has filed a lawsuit against two vendors for allegedly selling counterfeit goods, it said, weeks after the US put its main platf...

Israel says China to send thousands of construction workers

Jan 04, 2017 (AFP)

China has agreed for thousands of migrant construction labourers to work in Israel in a bid to alleviate a housing crisis in the Jewish state, the Israeli gover...

China manufacturing accelerates at fastest for 4 years: survey

Jan 03, 2017 (AFP)

China's manufacturing activity expanded at its quickest pace in nearly four years in December, an independent research firm said on Tuesday, in a sign of improv...

China manufacturing growth slows

Jan 01, 2017 (AFP)

Manufacturing activity in China slowed slightly in December, official figures showed Sunday, as the world's second largest economy stabilises. The official purc...

Toshiba shares fall 20% after it flags one-off loss

Dec 28, 2016 (AFP)

Toshiba shares dived more than 20 percent Wednesday in their second straight double-digit plunge, as the company said it may book a one-time loss of several bil...

China has 'real cause for concern' over Navarro: media

Dec 23, 2016 (AFP)

China had "real cause for concern" after US President-elect Donald Trump chose outspoken China critic Peter Navarro for a top trade position, Chinese media repo...

China tycoon moves jobs to US, citing high taxes at home

Dec 22, 2016 (AFP)

A Chinese auto glass tycoon has caused a stir by shifting part of his empire to the United States and setting up a factory in Ohio, citing high taxes and soarin...

Trump names critics of China, regulation for economic posts

Dec 22, 2016 (AFP)

President-elect Donald Trump on Wednesday named billionaire Carl Icahn, a vocal critic of what he calls government overregulation, to serve as a special advisor...

US returns Alibaba website to counterfeits blacklist

Dec 22, 2016 (AFP)

The United States on Wednesday put a division of the Chinese e-commerce giant Alibaba back on a blacklist of "notorious markets" known for selling counterfeit g...

US antitrust regulators clear China-owned AMC to buy Carmike

Dec 20, 2016 (AFP)

The China-owned AMC Entertainment theater chain won US regulatory approval Tuesday for its $1.2 billion takeover of rival Carmike after agreeing to divest movie...

China's 2017 economic growth to slow to 6.5 pct: study

Dec 19, 2016 (AFP)

China's economic growth will slow to 6.5 percent next year and the yuan will continue falling against the dollar, a top Chinese think-tank said Monday. The pred...

Philippines taps China-backed AIIB to fix infrastructure

Dec 19, 2016 (AFP)

Philippine President Rodrigo Duterte has tapped a China-backed multilateral lender to help fund his government's "unprecedented infrastructure buildup", the fin...

China vows more 'flexible' yuan, less property speculation

Dec 16, 2016 (AFP)

China ended a major annual economic meeting Friday with promises to liberalise investment in state-owned sectors, control real estate speculation and improve th...

In China, it's crunch time in 'Santa's workshop'

Dec 15, 2016 (AFP)

With Christmas looming, it's crunch time in the Chinese manufacturing hub of Yiwu, which has earned a reputation as Santa's "real" workshop. In Sun Xudan's arti...

China new bank loans grow modestly in November

Dec 14, 2016 (AFP)

Chinese bank lending grew modestly month-on-month in November, official data showed Wednesday, after being almost halved in October, the latest indication that ...