カテゴリー: Global economy
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…
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…
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 …
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…
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 …
Beijing reimposes 2023 ban, citing Japan PM’s comment that military would respond to Chinese attack on islandChina has suspended imports of Japanese seafood again, as the fallout over the Japanese prime minister’s comments about Taiwan continues to esc…
Mark Carney warns Asia-Pacific leaders global economy undergoing profound change, as China’s president mounts defence of free tradeThe Canadian prime minister, Mark Carney, has warned that the era of free trade and investment that formed the foundation…
Treasury secretary Scott Bessent raises possibility of taking more direct stakes in companies to protect national security in wake of Beijing’s curbs on rare earths exportsThe Trump administration has criticised China’s increased restrictions on rare e…
Textiles, footwear, jewellery, gems and seafood are sectors most affected in trade with US, India’s biggest marketIndia has long been one of the world’s great garment houses, turning out everything from cheap T-shirts to intricate embroidery. Last year…