TRADE WARS - AFRICA DAILY

Jun 24, 2016 (AFP)

The China-backed Asian Infrastructure Investment Bank (AIIB) approved its first four loans totalling over half a billion dollars, it announced Friday, as it joi...

US commerce secretary warns of 'digital protectionism'

Jun 22, 2016 (AFP)

A top US official warned Wednesday against a rise of "digital protectionism," which she said threatens access to information and ideas and can hurt economic gro...

China's Xi weaves Poland into 'new silk road' plan

Jun 20, 2016 (AFP)

The presidents of China and Poland greeted a Chinese freight train as it rolled into the Polish capital on Monday, part of a drive to drum up business between t...

Australia taxes foreign home buyers as affordability bites

Jun 19, 2016 (AFP)

Sydney is imposing new taxes on foreigners buying homes as concerns grow that a flood of mostly Chinese investors is crowding out locals and killing the "Great ...

Hackers divert $50mn in blow to virtual currency: NYT

Jun 18, 2016 (AFP)

Hackers have diverted more than $50 million in digital currency from an experimental fund meant to demonstrate that such money is safe for use, according to the...

Asian buyers play role in overheated Canada housing market: Trudeau

Jun 17, 2016 (AFP)

An influx of capital from Asia is partly to blame for soaring housing prices in Vancouver and Toronto, Canadian Prime Minister Justin Trudeau said Friday. "We k...

Belgrade rolls out red carpet for Chinese president

Jun 17, 2016 (AFP)

Chinese President Xi Jinping is expected to sign some 20 bilateral deals with Serbia during a visit that began Friday, as Belgrade aims to make China one of its...

French hit out at Alibaba founder over counterfeit comments

Jun 16, 2016 (AFP)

French manufacturers on Thursday decried as "slanderous" comments by e-commerce giant Alibaba founder Jack Ma that Chinese knock-offs are better quality than br...

Alibaba's Jack Ma: Fake goods often better than originals

Jun 15, 2016 (AFP)

China's unbranded goods are often better than the branded originals they imitate, founder of e-commerce giant Alibaba Jack Ma has said, posing an additional cha...

Britain faces 'dangerous moment' over Brexit: minister

Jun 14, 2016 (AFP)

Britain's defence minister on Tuesday warned that the country faced a "very dangerous moment" as polls showed voters increasingly in favour of quitting the Euro...

Trade disputes loom over Merkel's China visit

Jun 13, 2016 (AFP)

Tensions over trade and Chinese investment in a German robotics firm dominated Chancellor Angela Merkel's visit to Beijing Monday, with differences about steel ...

German minister wants EU to curb foreign investors

Jun 09, 2016 (AFP)

Germany's economy minister urged Thursday the EU to shield its key industries from foreign investors after Chinese appliance giant Midea made a controversial bi...

Panama Canal lifts restrictions on ship depth

Jun 09, 2016 (AFP)

Officials running the Panama Canal said Wednesday they have lifted restrictions on the depth of ships passing through that had been imposed since April because ...

China imports fall slows in May

Jun 08, 2016 (AFP)

China's imports decreased at their slowest pace in more than a year-and-a-half in May, official data showed Wednesday, in a possible sign domestic demand in the...

Lew raps China on excess steel production

Jun 06, 2016 (AFP)

Chinese oversupply of steel is "damaging and distorting" global markets, US Treasury Secretary Jacob Lew said Monday, joining a chorus of criticism that blames ...

Myanmar gem firms say $100m 'missing' from industry fund

Jun 02, 2016 (AFP)

An embezzlement probe has been launched after nearly $100 million vanished from a fund set up by Myanmar's gem companies, a trade body said Thursday, raising co...

Thai military men convicted for attack on mine activists

May 31, 2016 (AFP)

A Thai court on Tuesday sentenced two military men to jail for orchestrating an attack on villagers blockading a gold mine, a lawyer said, a rare ruling in favo...

Chinese investors to build industrial city in Oman

May 23, 2016 (AFP)

Chinese investors signed a deal Monday with Oman's government to build an industrial city, including an oil refinery, in the southern port town of Duqm, a joint...

European vote against China market status not 'constructive': Beijing

May 16, 2016 (AFP)

A European Parliament vote against granting China market economy status in the World Trade Organization was "not at all constructive", Beijing's foreign ministe...

Australia, US boost efforts to protect steelmakers

May 12, 2016 (AFP)

Canberra and Washington will step up joint efforts to protect domestic steelmakers, Australian Prime Minister Malcolm Turnbull said Thursday, amid concerns abou...