A fraught moment: U.S.-China trade war
5 years, 7 months ago

A fraught moment: U.S.-China trade war

The Hindu  

The U.S.-China trade war has flared up again after a deceptive lull over the last few months, when both sides were trying to negotiate a deal. The latest revival in tensions between the world’s two largest economies elevates the risk of a global trade war to its highest level since the first signs emerged in 2018. Last month, the International Monetary Fund trimmed its projection for global growth in 2019 to 3.3%, from a 3.5% forecast made in January, citing slowing momentum in “70% of the world economy”. IMF Chief Economist Gita Gopinath had at the time projected a pick-up in global growth momentum in the second half, predicated substantially on the “improved” outlook for U.S.-China trade tensions. While the U.S. may have genuine concerns about Chinese protectionism, the overall economic logic behind Mr. Trump’s trade policy still remains weak.

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ECB’s Knot Says Trade War Could Export China Deflation to Europe
1 week, 4 days ago

ECB’s Knot Says Trade War Could Export China Deflation to Europe

Live Mint  

-- China may start selling its products to Europe at discounted rates if the US starts a trade war by imposing new tariffs, according to European Central Bank Governing Council member Klaas Knot. “In this way, China is, as it were, exporting its deflation to us.” Policymakers around the world are watching the US for potential trade levies when Donald …

India’s trade braces for an action-packed 2025
2 weeks, 3 days ago

India’s trade braces for an action-packed 2025

Live Mint  

India’s external trade, navigating a phase of uncertainty owing to the European Union's new carbon tax on imports and slowing consumption in Europe, is set face further pressure. Yet, according to Pralok Gupta, associate professor, Indian Institute of Foreign Trade, which operates under the ministry of commerce and industry, “If US imposes high tariffs on China, India may face collateral …

Chinese economy can brave external risks
Trending News
3 weeks, 3 days ago

Chinese economy can brave external risks

China Daily  

The skyline of Beijing. If the 2021-23 inflation surge in the United States helped Donald Trump's election triumph, his likely tariff wars will penalize world trade and exacerbate bilateral ties with China, again. In setting priorities for its economic policy for 2025, Chinese policymakers emphasize the need to maintain stable growth, employment and commodity prices through steps including higher deficit-to-GDP …

Chinese economy can brave external risks
Trending News
3 weeks, 3 days ago

Chinese economy can brave external risks

China Daily  

The skyline of Beijing. If the 2021-23 inflation surge in the United States helped Donald Trump's election triumph, his likely tariff wars will penalize world trade and exacerbate bilateral ties with China, again. In setting priorities for its economic policy for 2025, Chinese policymakers emphasize the need to maintain stable growth, employment and commodity prices through steps including higher deficit-to-GDP …

Sino-US relations need new chapter
3 weeks, 4 days ago

Sino-US relations need new chapter

China Daily  

MA XUEJING/CHINA DAILY China-US relations are likely to enter a new stage of uncertainty when Donald Trump assumes office as US President on Jan 20. In his second presidency, the US could either trigger trade war 2.0 by levying more tariffs on China and forcing Beijing to slap counter-tariffs, or encourage China to significantly increase imports from the United States …

Trade War Widened US Trade Deficit, Increased Chinese Global Exports
3 weeks, 5 days ago

Trade War Widened US Trade Deficit, Increased Chinese Global Exports

Deccan Chronicle  

The US-China trade war initiated by President Donald Trump under his previous government failed to achieve its goals as the trade deficit of the US further widened while China’s global exports increased between 2017 and 2023. The US-China trade war, which began in March 2018 by imposing 25 per cent tariffs on steel and 10 per cent on aluminium, escalated …

Mexico, Canada, ASEAN gained more from US-China trade war than India: GTRI
3 weeks, 5 days ago

Mexico, Canada, ASEAN gained more from US-China trade war than India: GTRI

Live Mint  

New Delhi, Dec 15 Mexico, Canada, and 10-nation Southeast Asian bloc ASEAN benefited more from the US-China trade war than India, economic think tank GTRI said in a report. "Key beneficiaries of the trade war included Mexico, Canada, and ASEAN nations, which collectively accounted for 57 per cent of the growth in US imports. India also emerged as a significant …

On the edge: How ongoing wars and rising tensions will shape 2025
3 weeks, 6 days ago

On the edge: How ongoing wars and rising tensions will shape 2025

Firstpost  

The year gone by had been more geopolitically charged than the year before. Pertinent among these are the ongoing conflicts in Ukraine and Gaza, the political-strategic change in US administration with Trump Presidency 2.0 and the shifts in policies and diplomacy it brings, and on the trade front, the geoeconomic confrontation with Trump’s potential tariff war and its impact on …

China's Xi warns 'no winners' in trade war with U.S.
1 month ago

China's Xi warns 'no winners' in trade war with U.S.

Raw Story  

by Peter CATTERALL Chinese President Xi Jinping warned Tuesday that there would be "no winners" in a trade war with the United States and vowed the country would hit its growth goals for the year. Former US president Donald Trump -- who returns to the White House next month -- unleashed a grueling trade war with China during his first …

‘No winners’: China’s Xi warns US against a trade war
1 month ago

‘No winners’: China’s Xi warns US against a trade war

CNN  

Editor’s Note: Sign up for CNN’s Meanwhile in China newsletter which explores what you need to know about the country’s rise and how it impacts the world. Hong Kong CNN — Chinese leader Xi Jinping has warned the United States against restarting a trade war, saying there would be “no winners” even as he vowed to defend the country’s economic …

Defender of global trade stability
Top News
1 month ago

Defender of global trade stability

China Daily  

ZHANG TING/FOR CHINA DAILY China is a strong defender of global trade stability, countering destabilizing forces with support for global mechanisms and innovative domestic policies. At a high level, these open trade mechanisms include APEC, the G20, the World Trade Organization, the Regional Comprehensive Economic Partnership and other trade agreements operating within the framework that supports global trade. In terms …

Defender of global trade stability
Top News
1 month ago

Defender of global trade stability

China Daily  

ZHANG TING/FOR CHINA DAILY China is a strong defender of global trade stability, countering destabilizing forces with support for global mechanisms and innovative domestic policies. At a high level, these open trade mechanisms include APEC, the G20, the World Trade Organization, the Regional Comprehensive Economic Partnership and other trade agreements operating within the framework that supports global trade. In terms …

Defender of global trade stability
Top News
1 month ago

Defender of global trade stability

China Daily  

ZHANG TING/FOR CHINA DAILY China is a strong defender of global trade stability, countering destabilizing forces with support for global mechanisms and innovative domestic policies. At a high level, these open trade mechanisms include APEC, the G20, the World Trade Organization, the Regional Comprehensive Economic Partnership and other trade agreements operating within the framework that supports global trade. In terms …

Defender of global trade stability
Trending News
1 month ago

Defender of global trade stability

China Daily  

China is countering destabilizing forces and the weaponizing of trade relationships China is a strong defender of global trade stability, countering destabilizing forces with support for global mechanisms and innovative domestic policies. At a high level, these open trade mechanisms include APEC, the G20, the World Trade Organization, the Regional Comprehensive Economic Partnership and other trade agreements operating within the …

Defender of global trade stability
Top News
1 month ago

Defender of global trade stability

China Daily  

ZHANG TING/FOR CHINA DAILY China is a strong defender of global trade stability, countering destabilizing forces with support for global mechanisms and innovative domestic policies. At a high level, these open trade mechanisms include APEC, the G20, the World Trade Organization, the Regional Comprehensive Economic Partnership and other trade agreements operating within the framework that supports global trade. In terms …

China to respond to Trump's 'tariff war' with 'supply chain war'
1 month, 1 week ago

China to respond to Trump's 'tariff war' with 'supply chain war'

Firstpost  

China is expected to use its dominant position in supply chains to respond forcefully with a ‘supply chain war’ to ’tariff war’ that US President-elect Donald Trump is expected to wage on China US President-elect Donald Trump waves next to Chinese President Xi Jinping after attending a business event at the Great Hall of the People in Beijing on November …

Trump’s trade threats put the world on a precipice and may say a lot about his second term
Trending News
1 month, 2 weeks ago

Trump’s trade threats put the world on a precipice and may say a lot about his second term

CNN  

CNN — Global chaos delivered via social media is back. Otherwise, we’re all going to see price increases.” The issue of whether Trump is bluffing or is planning to go all in with a revolutionary presidency is not confined to trade. Trump’s trade war rhetoric is a reminder that in his worldview, the United States has few friends — only …

China warns ‘no one will win’ if Donald Trump starts trade war
1 month, 2 weeks ago

China warns ‘no one will win’ if Donald Trump starts trade war

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy China shot back at Donald …

Spill-over of Trump’s anti-China trade stance
Trending News
1 month, 2 weeks ago

Spill-over of Trump’s anti-China trade stance

Hindustan Times  

Trump’s trade war with China had a global impact, affecting and benefiting countries. US President Donald Trump The US-China trade conflict reflects the US’ protectionism from China’s inroads in its economy and the global economy, which it believes is detrimental to its local jobs, industries, industrial innovation, and national security. Thus, the tit-for-tat trade moves resulted in raising import tariffs …

Ripple effects of US policy on Chinese trade
1 month, 2 weeks ago

Ripple effects of US policy on Chinese trade

Hindustan Times  

The United States ’s firm stance on Chinese products has become a cornerstone of its economic strategy, transcending party lines and administrations. As the world’s two largest economies clash, the consequences ripple through global markets, affecting supply chains, trade relationships, and economic growth worldwide. This bipartisan approach reflects a broader recalibration of the US's economic relationship with China, aiming to …

China is armed and ready for trade war 2.0 with Donald Trump
1 month, 2 weeks ago

China is armed and ready for trade war 2.0 with Donald Trump

CNN  

Editor’s Note: Sign up for CNN’s Meanwhile in China newsletter which explores what you need to know about the country’s rise and how it impacts the world. That’s why, despite selling less to the United States, China’s share of global exports is now at 14%, up from 13% before the first Trump tariffs. At a press conference on Friday, Wang …

China is armed and ready for trade war 2.0 with Donald Trump
1 month, 2 weeks ago

China is armed and ready for trade war 2.0 with Donald Trump

CNN  

Editor’s Note: Sign up for CNN’s Meanwhile in China newsletter which explores what you need to know about the country’s rise and how it impacts the world. That’s why, despite selling less to the United States, China’s share of global exports is now at 14%, up from 13% before the first Trump tariffs. At a press conference on Friday, Wang …

China prepares to retaliate against potential trade war with Donald Trump
1 month, 3 weeks ago

China prepares to retaliate against potential trade war with Donald Trump

Firstpost  

China is reportedly preparing to counter potential US tariffs, setting the stage for an economic tit-for-tat that could further strain relations. China is preparing for potential retaliation against new tariffs if Donald Trump restarts the trade war upon his return to the Oval Office next year. China will strike back in the first rounds of another Trump trade war to …

China coped with Trump’s first trade war. A second one will be tougher.
Trending News
1 month, 3 weeks ago

China coped with Trump’s first trade war. A second one will be tougher.

Live Mint  

SINGAPORE—The last thing Xi Jinping needs right now is another showdown with Donald Trump over trade. If the U.S. cuts back on some of the $430 billion in goods it imports from China each year, Chinese companies could try sending them to other countries, a strategy Beijing followed successfully after Trump first hit Chinese goods with tariffs in 2018. Some …

'Punish every country': Analyst warns Trump ready make world suffer for homegrown failings
1 month, 4 weeks ago

'Punish every country': Analyst warns Trump ready make world suffer for homegrown failings

Raw Story  

Economists have fired off warnings that incoming President Donald Trump's proposed trade war and tariffs on almost all consumer goods will stunt economic growth and substantially raise prices. "On Nov. 5, Election Day in the United States, Mexican President Claudia Sheinbaum stepped before the news media to point out a drastic decline in the number of migrants arriving at the …

The world faces its worst trade wars since the 1930s
1 month, 4 weeks ago

The world faces its worst trade wars since the 1930s

Hindustan Times  

THE WORLD stands on the brink of multiple trade wars. The same hawks then predict that new tariffs will raise “artificially low prices” for Chinese goods, thereby creating economic incentives large enough to alter trade flows, helping domestic firms to employ more Americans. When it comes to strategic goods and technologies from China, Mr Trump can raise some tariffs on …

Trump’s win boosts confidence in US economy; Emerging markets concerned over strengthening dollar — expert advice
2 months ago

Trump’s win boosts confidence in US economy; Emerging markets concerned over strengthening dollar — expert advice

Live Mint  

The Indian stock market was taking a beating in the last month,with funds reportedly shifting to other countries such as China and Japan. ‘Trumpononics’ policy This week, the stronger-than-expected mandate win for Trump has boosted the global equity market. Generally, today the US stock market is in a boom in anticipation of tax cuts and high government spending. The world …

China anxious as Trump victory may intensify trade wars
Trending News
2 months ago

China anxious as Trump victory may intensify trade wars

Firstpost  

China’s ambassador to the US, Xie Feng said that the differences between the two nations should be the driving force for exchanges and mutual learning rather than ‘an excuse for rejection and confrontation’, and that the successes of each were opportunities for the other There are no winners in tariff or trade wars, nor in wars over science and technology …

Trump’s Return: Key focus on trade and fiscal policies after US Election 2024 win, says Nuvama
2 months ago

Trump’s Return: Key focus on trade and fiscal policies after US Election 2024 win, says Nuvama

Live Mint  

With Donald Trump poised to make a comeback to the White House, two specific areas of policy making require careful observation—trade policy and fiscal policy, according to a report from brokerage firm Nuvama Institutional Equities. Following Donald Trump's victory over Kamala Harris in the tightly contested 2024 US Presidential Election, Nuvama also said that it is premature to evaluate the …

Bloomberg: The China Show 11/07/2024
2 months ago

Bloomberg: The China Show 11/07/2024

Bloomberg  

00:00 Half an hour away from the opens in Hong Kong, Shenzhen and Shanghai are watching the China show. I mean, if there's a threat of tariffs here, do you think, you know, there's a people talking about there's a difference between the candidate Trump and what he will be as President Trump? We know he's talked about tariffs as …

US Election Results: FPI outflows to China trade war—how will Trump’s victory impact global markets? Experts weigh in
2 months ago

US Election Results: FPI outflows to China trade war—how will Trump’s victory impact global markets? Experts weigh in

Live Mint  

US Election Results 2024: In a remarkable turnaround after losing the 2020 elections, Republican US President Donald Trump secured a record-breaking historic victory in the US Presidential Elections 2024, defeating Democratic Vice President Kamala Harris with over 270 electoral votes to become President-elect officially. Follow Live Updates: US Election Results 2024 LIVE- Donald Trump becomes 47th US President Trump's top …

Global Governance and China's Rising Responsibilities: A Call for Collaboration
2 months, 1 week ago

Global Governance and China's Rising Responsibilities: A Call for Collaboration

China Daily  

The article discusses the challenges faced by global governance in the wake of the rise of China and India. It highlights the need for adaptation of governance structures to reflect the changing power dynamics, and the importance of addressing issues such as development financing for developing countries.

China's Global Governance Responsibilities: A Call for Collaboration
Trending News
2 months, 1 week ago

China's Global Governance Responsibilities: A Call for Collaboration

China Daily  

The article discusses the challenges faced by global governance, particularly the issues of development financing for developing countries and the governance structures of international institutions. It highlights the need for adaptation and reform in order to address these challenges and ensure a more equitable and sustainable global order.

Global Governance in the Face of Rising China: Can the West Keep its Global Machinery Running?
2 months, 1 week ago

Global Governance in the Face of Rising China: Can the West Keep its Global Machinery Running?

China Daily  

The article discusses the challenges faced by global governance in the wake of the rise of China and India. It highlights the need for adaptation of governance structures to reflect the changing power dynamics, and the importance of addressing issues such as development financing for developing countries.

China's Trade War Strategy Hinged on Long-Term Consumption Revival
2 months, 1 week ago

China's Trade War Strategy Hinged on Long-Term Consumption Revival

Live Mint  

The article discusses the potential impact of rising protectionism and a deeper trade war with the US on China's economy. While some observers and politicians have accused China of trying to export its way out of the current economic woes, Weijian Shan, a prominent investor, believes that the trade war has not achieved the desired result of narrowing the US …

Free trade between China, EU key to globalized world
3 months, 2 weeks ago

Free trade between China, EU key to globalized world

China Daily  

Spanish Prime Minister Pedro Sanchez visited China from Sept 8 to 11. According to a Spanish government news release, during Sanchez's meeting with President Xi on Sept 9, Sanchez "stressed that, in matters on which the positions of Spain and China do not fully coincide, Spain will maintain a constructive willingness for dialogue and cooperation, emphasizing the country's commitment to …

Foreign trade hits new high in first half
5 months, 4 weeks ago

Foreign trade hits new high in first half

China Daily  

MSC Irina, the world's largest container vessel, docks at Ningbo Zhoushan Port in Zhejiang province on April 2. JIANG XIAODONG/FOR CHINA DAILY China's total goods exports and imports reached a new high in the first half of the year despite challenges such as escalating trade protectionism and intensifying geopolitical tensions, signaling an encouraging improvement in demand both at home and …

Foreign trade hits new high in first half
5 months, 4 weeks ago

Foreign trade hits new high in first half

China Daily  

MSC Irina, the world's largest container vessel, docks at Ningbo Zhoushan Port in Zhejiang province on April 2. JIANG XIAODONG/FOR CHINA DAILY China's total goods exports and imports reached a new high in the first half of the year despite challenges such as escalating trade protectionism and intensifying geopolitical tensions, signaling an encouraging improvement in demand both at home and …

The Seismic Shift in the US Trade Agenda
6 months, 2 weeks ago

The Seismic Shift in the US Trade Agenda

The Diplomat  

The U.S. economic war against China has become entrenched still further as the Biden administration adds more tariffs to critical goods crossing its borders. While the White House has focused on highlighting China’s unfair trade practices of state subsidies and exporting overcapacity, the tariffs are ultimately designed to protect the nascent critical industries within the United States. While the White …

US trade sanctions on China can affect multilateralism
7 months ago

US trade sanctions on China can affect multilateralism

Hindustan Times  

The United States -China trade war has escalated from the US banning Chinese apps to targeting domestic companies having close ties with the Chinese government. Recent anti-China legislation under the Biden administration indicates increasing economic hostility to counter Chinese trade practices on the grounds of a threat to US national security. US President Joe Biden The anti-China trade policy aims …

Biden continues Trump’s trade war; US imposes major tariffs on China imports
7 months, 3 weeks ago

Biden continues Trump’s trade war; US imposes major tariffs on China imports

Hindustan Times  

Washington: With the stated objective of protecting American workers and businesses from “unfair Chinese trade practices”, the US increased tariffs on the import of steel and aluminium, semiconductors, electric vehicles, battery, battery components and critical minerals, solar cells, ship to shore cranes and medical products from China on Tuesday. A factsheet released by the White House on Tuesday said that …

How China is fortifying its economy for war with the West
7 months, 4 weeks ago

How China is fortifying its economy for war with the West

The Telegraph  

In the frantic weeks that followed Russia’s invasion of Ukraine, China’s most senior officials scrambled to understand the implications that the conflict posed for the Chinese economy. Representatives from every major domestic and foreign bank, including HSBC, were reportedly summoned to an emergency summit where worried officials from the central bank and finance ministry demanded to know what steps could …

America’s tough talk on trade balance
8 months, 4 weeks ago

America’s tough talk on trade balance

Hindustan Times  

There are no standout outcomes of United States treasury secretary Janet Yellen’s just-concluded visit to China, but it remains a crucial piece in the broader engagement between the two countries. In fact, a Biden-Xi call days before Yellen landed in Beijing was seen as a prologue of sorts to the visit, with the leaders appreciating the progress made on a …

Another trade war in the making? China's growth model pushes Beijing into more conflicts with the West
11 months, 1 week ago

Another trade war in the making? China's growth model pushes Beijing into more conflicts with the West

The Hindu  

Swiss solar panel maker Meyer Burger is facing the brunt of competition from China and is warning it may have to close its loss-making production plant in Germany unless the Government steps in with financial support. Growing alarm over Chinese industrial overcapacity flooding the European Union with cheap products is opening a new front in the West's trade war with …

Sino-US ties vital to global development
1 year ago

Sino-US ties vital to global development

China Daily  

Chinese and US flags flutter outside the building of an American company in Beijing. Although the challenges between the US and China have intensified due to disruptions in the global industry and supply chains, and international trade, as well as regional conflicts, Sino-US trade has remained quite resilient, because Chinese products still appeal to US consumers, and China maintains its …

Sino-US ties vital to global development
1 year ago

Sino-US ties vital to global development

China Daily  

Chinese and US flags flutter outside the building of an American company in Beijing. Although the challenges between the US and China have intensified due to disruptions in the global industry and supply chains, and international trade, as well as regional conflicts, Sino-US trade has remained quite resilient, because Chinese products still appeal to US consumers, and China maintains its …

Trends in US-China engagement
1 year, 2 months ago

Trends in US-China engagement

Hindustan Times  

The United States and China are facing a conundrum where the ongoing rivalry pushes them to be confrontational with each other, whereas the complex and intertwined trade relations compel them to find ways to mend the ties. China’s coercive actions across the Taiwan Straits have been proving a real test of not only the US’s commitment to aid the island …

A moment of reckoning in geopolitics is upon us
1 year, 2 months ago

A moment of reckoning in geopolitics is upon us

Live Mint  

The efficient market hypothesis, by which all that participants know gets instantly priced in, has been rattled yet again by another bout of geopolitical volatility. “I’m convinced one of the reasons Hamas attacked when they did—and I have no proof of this, just my instinct tells me—is because of the progress we were making towards regional integration for Israel,” he …

China warns U.S. against 'disastrous' trade curbs
1 year, 4 months ago

China warns U.S. against 'disastrous' trade curbs

The Hindu  

China's premier warned U.S. officials Tuesday that moves to "politicise" trade issues would prove "disastrous" for the global economy, state media reported. In a readout of the meeting, the U.S. Department of Commerce said Ms. Raimondo had "underscored the U.S. commitment to taking actions necessary to U.S. national security," as well as "ensuring fair and transparent treatment of U.S. companies, …

Keep shifts in the West’s China consensus under watch
1 year, 5 months ago

Keep shifts in the West’s China consensus under watch

Live Mint  

In this age when geopolitics is in an overdrive, several assumptions of the past about the global order’s evolving nature have fallen by the wayside. Germany unveiled its first ever ‘Strategy on China’ earlier this month, publicly announcing its intent to reduce dependence on China in “critical sectors” such as lithium batteries used in electric cars and elements essential to …

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