WTO says China is backsliding on key reforms and lacks transparency on subsidies
The 173-page assessment – which, as is standard, was met with a 28-page response from the Chinese government – is...
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How China’s Economy Compares to the US’s After Latest Results
China's statistics bureau on Monday reported solid growth for the country in the first half of 2024, but analysts say...
US dollars exit China’s VC market, ending 2-decade marriage that enabled rise of start-ups
A sea change is taking place in China’s venture capital (VC) industry as the two-decade marriage between US investors and...
Trump goes into RNC 2024 with bold promises on economy
WASHINGTON (AP) — The first night of the Republican National Convention kept its official focus on the economy Monday even after Saturday’s shooting at a rally in Pennsylvania in which former President Donald Trump was injured.Speakers argued that Trump would fix inflation and bring back prosperity simply by returning to the White House as president. Virginia Gov. Glenn Youngkin lamented, “Tonight, America, the land of opportunity, just doesn’t feel like that anymore.”But Trump has released few hard numbers and no real policy language or legislative blueprints, and most of the...
Stephen Roach on how Beijing can right its economic course and the US’ big China ‘blunder’
Now, nearly 11 years later, I would have to say that while the Chinese economy has progressed on many fronts,...
World Bank dollar lifeline for Pacific islands proceeds with US, Australia push
By Lucy Craymer and Lewis JacksonWELLINGTON/SYDNEY (Reuters) - The World Bank is preparing a financial lifeline for Pacific Island nations,...
US, EU companies cautious on China investment amid ‘new normal’, chamber officials say
Zheng’s note of caution comes as Beijing hopes to lure more foreign direct investment (FDI) back to its shores. The...
Canada’s Finance Minister Chrystia Freeland hints at broader trade action against China
Canada’s finance minister said she will hold talks next week with business and labour groups about erecting trade barriers against...
Türkiye puts its best foot forward to charm Chinese investors
ANKARA Türkiye plans to draw on its geographical position and an EU customs deal to entice Chinese investors keen to access European markets tariff-free, as it recently just did with carmaker BYD. The Chinese electric vehicle giant signed a billion-dollar deal with Ankara on Monday to open a plant in western Türkiye, promising to create 5,000 jobs, a move that will help it dodge new EU tariffs. The country, at the crossroads between Europe, the Middle East and Central Asia, is in talks with other Chinese companies, Türkiye's Industry and...
Asia’s economies beckon UK, France after Europe’s election earthquakes
“They see Asian tiger economies and political systems as being in a state of transition,” said British political and security...
