カテゴリー: Global economy
Tech firm has reportedly flown 600 tonnes of handsets from Indian factories as Chinese goods face huge tariffsApple is reportedly chartering cargo flights to ferry iPhones from its Indian manufacturing plants to the US in an attempt to beat Donald Trum…
China’s 84% tariffs on US products come into force amid market relief after Trump suspends steep reciprocal tariffs elsewhereBusiness live – latest updatesDonald Trump’s trade war with China has entered a new phase, as Beijing’s 84% retaliatory tariffs…
Nirmala Sitharaman says turmoil forcing countries to seek accords beyond old ideological and political tiesIndia is seeking to strike more trade deals with other countries at a time of “global uncertainty”, its finance minister, Nirmala Sitharaman, sai…
Chinese foreign ministry calls comments by US vice-president ‘ignorant and disrespectful’Beijing has hit back after the US vice-president, JD Vance, referred to “Chinese peasants” in an interview defending Donald Trump’s tariffs.Speaking to Fox News la…
China’s government says it will ‘fight to the end’ if the US continues to escalate the trade war, after Donald Trump threatened huge additional tariffs in response to Beijing’s retaliatory measures. A spokesperson for the Chinese foreign ministry said:…
Beijing accuses US of blackmail and adding a ‘mistake on top of a mistake’ as Wednesday deadline for latest levies loomsTariff market reaction –live updatesChina’s government says it will “fight to the end” if the US continues to escalate the trade war…
China wants to protect against the volatility of Trump’s tariffs, and now has more than a dozen free trade agreements with global south countriesChinese vice-premier Ding Xuexiang has pledged to give stronger policy support to the Chinese economy as he…
Global Times signals Beijing’s likely countermeasure after US president threatened a further 10% duty to come into force on TuesdayChina is preparing countermeasures against fresh US import tariffs that are set to take effect on Tuesday, China’s state-…
Local business owners in Nairobi said the rapid expansion of China Square had created an uneven playing fieldOn a cool Friday morning in an expansive mall in Nairobi, dozens of people thronged outside a retail store covered in colourful banners, balloo…
Beijing will defend its core interests, but its initial response is more cautious than when Trump imposed levies in 2018Moments after Donald Trump introduced tariffs of 10% on Chinese goods, Beijing retaliated with countermeasures.China’s finance minis…
Despite ‘spy’ scandal, Philip Hammond says Britain should now adopt a ‘pragmatic approach to Beijing’China should be encouraged to build electric cars and renewable energy technology in the UK as part of a new pragmatic trading relationship that would …
Japan’s complex defence alliances built up over years as protection against China could be put at risk in a Trump-launched trade warArguably, no country in Asia has better reason to be in a state of anxiety over the return of Donald Trump to the White …
Hugo Wong says the question today should be how much value the free movement of products and people has brought to our nationsReading “made in China” on his toys for the first time, my young Chinese nephew asked me innocently whether Santa was Chinese….
Documentary charts historic case of a community who sued arm of World Bank over a power plant’s impact on their livesEarly on in The Fisherman and the Banker, Ibrahim Saliman Manjalia, a charismatic fisher originally from Badreshwar, tells those gather…
Concerns set out over supply of materials with military applications, and impact of subsidies on global marketChina’s role in providing assistance to Russia in its war against Ukraine, and its “harmful overcapacity” in the production of cheap goods, ha…