TRADE WARS - AFRICA DAILY

Huge China strike peters out as workers cite intimidation

Apr 28, 2014 (AFP)

Tens of thousands of employees at a Chinese factory making shoes for Nike, Adidas and others returned to work Monday after one of the country's biggest recent s...

China intervenes over days-old strike at shoe factory

Apr 25, 2014 (AFP)

China has ordered owners of a huge Taiwan-backed shoe factory to address striking workers' grievances about unpaid social security, an official said Friday. Tho...

Brits abandon Spain, Chinese flock there: data

Apr 22, 2014 (AFP)

Spain's population shrank in 2013 for a second year with foreigners including many Britons abandoning the country, although the number of Chinese there grew, of...

Chinese foreign minister starts Latin America tour

Apr 21, 2014 (AFP)

Chinese Foreign Minister Wang Yi was in Cuba Sunday, the first stop on a tour of four Latin America countries. The purpose of the stop in Havana was to pave the...

Chinese gold demand may rise 20% by 2017: industry body

Apr 15, 2014 (AFP)

China's annual demand for gold could jump around 20 percent by 2017 as more of its increasingly wealthy population seek new ways to make money, the World Gold C...

China Q1 growth slows to 7.3%: AFP survey

Apr 14, 2014 (AFP)

China's economic expansion slowed in the first three months of this year, according to an AFP survey, and remains on track for its worst annual performance in n...

Swedish city introduces payment by hand scanning

Apr 14, 2014 (AFP)

Hand scanning has become an alternative payment method for people in a city in southern Sweden, researchers at Lund University said Monday. Vein scanning termin...

China consortium buys Peru copper mine stake for $5.85 bn

Apr 14, 2014 (AFP)

China Minmetals said Monday that a consortium led by one of its subsidiaries MMG has agreed to buy Glencore Xstrata Plc's stake in the Las Bambas copper mine pr...

Energy efficiency a trump card for German tech exports

Apr 13, 2014 (AFP)

An often-ignored aspect of Germany's green energy transition is the one that has most helped its export industry; energy efficiency, the new hallmark of the cou...

Taiwan demonstrators end parliament seizure, threaten more protests

Apr 10, 2014 (AFP)

Student activists Thursday ended an unprecedented three-week occupation of Taiwan's parliament in protest at a service trade pact with China, but threatened mor...

China imports, exports slump in March

Apr 10, 2014 (AFP)

Chinese exports and imports fell sharply in March, data showed Thursday, as officials noted that the world's second-largest economy faces headwinds from tougher...

Australia's NAB cuts ties with virtual currencies

Apr 10, 2014 (AFP)

One of Australia's biggest banks confirmed Thursday it was distancing itself from digital currencies after reviewing its risk profile. The National Australia Ba...

HP to pay $108 million in US to settle bribery probes

Apr 09, 2014 (AFP)

US computer giant Hewlett-Packard agreed to pay $108 million to settle investigations that it paid bribes to win public contracts in Russia, Poland and Mexico, ...

Americans, Germans clash on US-EU trade standards

Apr 09, 2014 (AFP)

Americans and Germans are broadly supportive of a US-EU free-trade pact under negotiation, but differ over details, especially forging similar goods and service...

BoJ chief doubts Bitcoin's future as a currency

Apr 08, 2014 (AFP)

The head of the Bank of Japan on Tuesday cast doubt on Bitcoin's future, saying the scandal-plagued digital unit "cannot be a currency" unless it proves its rel...

Japan posts first current account surplus in five months

Apr 08, 2014 (AFP)

Japan posted its first current account surplus in five months in February, helped by a narrower trade deficit and higher returns on investment abroad, governmen...

Copper price bounces on Chile quake; oil hit by Libya

Apr 04, 2014 (AFP)

Copper bounced this week on supply fears after a vast earthquake in top producer Chile, while Brent oil dived on the prospect of rebounding Libyan crude supplie...

Bitcoin boss flees Cyprus 'after threat': reports

Apr 03, 2014 (AFP)

The boss of a Bitcoin company in Cyprus has fled abroad days after it suddenly stopped operations, in a blow to the virtual currency's once vaunted prospects on...

Xi goes to Belgian factory on last leg of Europe tour

Apr 01, 2014 (AFP)

Winding up an 11-day visit to Europe taking in mega business deals and stately banquets, President Xi Jinping toured China's biggest Belgian factory Tuesday, a ...

Xi visit sets 'landmark' in EU-China ties

Mar 31, 2014 (AFP)

Chinese leader Xi Jinping, on the last leg of a maiden tour of Europe, on Monday made a ground-breaking visit to European Union headquarters underlining China's...