カテゴリー: Economics
China sold goods worth about $148bn to EU in first quarter of year, but imported just $65bnThe EU is experiencing a prolonged “China shock” as a flood of Chinese EVs into Europe helped push Beijing to a record surplus with the bloc.New data showed Chin…
As other Asian economies race to conserve energy, China has huge reserves of oil and gas as well as alternative energy sources like wind and solarMiddle East crisis – live updatesXi Jinping has been preparing for a crisis like this for years. China mus…
Leaders to discuss once-taboo policy of favouring European companies, in attempt to regain economic competitivenessEU leaders are expected to diverge on whether “Buy European” is an answer to Europe’s waning economic fortunes, at a summit on how to sec…
Prime minister’s Liberal Democratic party to be pressed on promised tax cuts and fiscal stimulus plansBusiness live – latest updatesJapan’s stock market has hit a record high after Sanae Takaichi’s Liberal Democratic party (LDP) secured a comprehensive…
US president warns against closer ties with China during British PM’s trip to secure lower tariffs and better market accessDonald Trump has warned the UK against doing business with China, just hours after Keir Starmer lauded the economic relationship …
PM praised for not pressuring Xi over his ties with Putin on a trip seen as business ‘taking precedence over politics’UK politics live – latest updatesKeir Starmer’s visit to Beijing has been cautiously welcomed by Chinese state media as an act of econ…
In today’s newsletter: With China now central to the world’s green tech and economic future, the UK faces a series of strategic discussions it can no longer postponeGood morning. The Starmer has landed.Yesterday, Keir Starmer became the first Briti…
Wide-ranging deal will cut tariffs to zero over seven years as Modi hails ‘largest free trade agreement’ in India’s historyThe European carmakers’ association has welcomed the EU’s trade deal with India, saying it sent “a strong statement of intent by …
US president says tariffs on automobiles, lumber and pharmaceuticals will rise to 25%, accusing Seoul of not living up to a trade deal struck last yearDonald Trump has said he is raising tariffs on South Korean goods including automobiles, lumber and p…
Mark Carney holds talks with Xi Jinping on rare Beijing trip as Canada seeks to diversify trade links away from USBusiness live – latest updatesCanada’s prime minister, Mark Carney, has hailed a “new strategic partnership” with China as he held talks i…
Beijing’s push to dominate technology through state-backed industrial policy is reshaping global trade and could devastate European industryEmmanuel Macron came back from China in early December empty-handed. The French president’s appeal to his Chines…
Beijing’s push to dominate technology through state-backed industrial policy is reshaping global trade and could devastate European industryEmmanuel Macron came back from China in early December empty-handed. The French president’s appeal to his Chines…
Group of 120 experts including Joseph Stiglitz urge fresh debt restructuring plan given scale of destructionA group of the world’s top economists – including the Nobel prize winner Joseph Stiglitz – have called for Sri Lanka’s debt payments to be suspe…
Booming Chinese exports have driven trade surplus past $1tn but also reveal the extent of country’s reliance on foreign marketsA boom in exports that has pushed China’s trade surplus past $1tn for the first time reveals the extent to which its economy …