TRADE WARS - AFRICA DAILY

Italy cracks down on illegal Chinese immigration as Xi visits

Nov 16, 2016 (AFP)

Italian police on Wednesday launched a crackdown on illegal immigration from China, just hours before President Xi Jinping arrived on a flying visit that Rome h...

Finland pining for post-Nokia economic champion

Nov 16, 2016 (AFP)

Nokia was once the motor of Finland's economy, but since the demise of the company's mobile phone business the Nordic country has struggled to find a new engine...

Taiwan to punish fraudsters abroad after China deportations

Nov 15, 2016 (AFP)

Taiwan passed a bill Tuesday to crack down on swindlers committing crimes overseas following a spate of deportations of Taiwanese fraud suspects to China from c...

China weakens yuan to eight-year low

Nov 15, 2016 (AFP)

China on Tuesday weakened the yuan's fix against the dollar to a nearly eight-year low as the surging dollar put further pressure on the unit, complicating Beij...

Sarkozy wants tax on US products if Trump scraps Paris pact

Nov 14, 2016 (AFP)

French presidential candidate Nicolas Sarkozy has proposed that Europe apply a carbon tax on American imports if Donald Trump pulls the United States out of the...

China says retail sales growth slows in October

Nov 14, 2016 (AFP)

China's retail sales growth slowed last month, government data showed Monday, in a worrying sign for domestic demand in the world's second-largest economy. Reta...

Pakistan, China launch new trade route

Nov 13, 2016 (AFP)

Pakistan's Prime Minister Nawaz Sharif Sunday inaugurated a trade route linking southwestern Gwadar port to the Chinese city of Kashgar as part of a joint multi...

EU nears tougher rules on China dumping

Nov 11, 2016 (AFP)

European Union trade ministers said Friday they must not be "naive" in the face of alleged China price dumping, as they tried to agree tougher measures to fight...

Copper hammers above $6,000 on Trump, China

Nov 11, 2016 (AFP)

Base metal prices soared this week, with copper forging above $6,000 per tonne as Donald Trump's election victory sparked hopes of booming demand to meet the pr...

Trump win casts pall of uncertainty over Asia

Nov 11, 2016 (AFP)

President-elect Donald Trump's vague and ambiguous foreign policy positions have cast a pall of uncertainty over whether American influence will decline in Asia...

Bashed on trade, Beijing may benefit from President Trump

Nov 10, 2016 (AFP)

The world's second-largest economy is US president-elect Donald Trump's designated bogeyman, threatening it on the campaign trail with tariffs for stealing Amer...

China producer prices rise for second straight month

Nov 09, 2016 (AFP)

Price for goods at the factory gate rose in China for the second straight month in October, officials said Wednesday, in a sign of strengthening demand in the w...

China exports drop for 7th straight month in October

Nov 08, 2016 (AFP)

Chinese exports sank for a seventh consecutive month in October, data showed Tuesday, as weak global demand dealt a blow to the world's number two economy follo...

China replaces finance minister Lou Jiwei: Xinhua

Nov 07, 2016 (AFP)

China Monday replaced finance minister Lou Jiwei, state media reported, with some analysts predicting more fiscal stimulus in the world's second-largest economy...

Vatican rejects Chinese priest's self-ordination as bishop

Nov 07, 2016 (AFP)

The Vatican on Monday denounced the self-ordination of a bishop from China's underground church without papal approval, in a sign some view as an attempt to imp...

Eastern Europe gets 10 bln euro Chinese investment fund

Nov 06, 2016 (AFP)

China on Sunday announced a 10 billion euro ($11 bln) investment fund aimed at drumming up business between the Asian giant and central and eastern Europe. The ...

New York fines Chinese bank $215 mn for money laundering violations

Nov 04, 2016 (AFP)

New York's state bank regulator fined the giant Agricultural Bank of China $215 million on Friday for violating anti-money laundering laws and obscuring suspici...

Samsung to recall 2.8 million washing machines in US

Nov 04, 2016 (AFP)

Samsung is recalling 2.8 million washing machines with a potential for a dangerous detachment of its top lid, the South Korean company and US safety officials a...

Lawmakers push to block Chinese takeover of US aluminum firm

Nov 03, 2016 (AFP)

A group of US senators called on the government Wednesday to block the Chinese metals giant Zhongwang's takeover of a US aluminum processor for the auto and aer...

White House warns China will take export markets without TPP

Nov 03, 2016 (AFP)

The White House warned Thursday that failure to approve the Trans-Pacific Partnership trade pact will put billions of dollars in US exports at risk to competiti...