People walk past a branch of a bank in Beijing. Associated Press
A month ago, I declared that President Donald Trump’s trade war against China looked like it might be winding down. I was wrong. Instead of capitulating in exchange for some agricultural purchases and other minor concessions, Trump is doubling down. He’s raising tariffs on $200 billion worth of Chinese imports
With a growing economy at his back and little resistance from Republicans, President Donald Trump has been free to impose tariffs on America’s trading partners with few political repercussions. Yet his protectionist approach — particularly his heavy-handed tactics with China,
A new young protest generation in Hong Kong has exposed China’s failure to win over Hong Kongers — young or old — a trend that has shown up in surveys for years. As they confront the world’s most powerful authoritarian state, few believe that they can win — but their willingness to risk jail to protect Hong Kong
As the US-China tariff war rumbles on, it has been a great year so far for free trade agreements (FTAs) involving Asian countries. In a remarkable reversal of trends, the East is responding to the West’s protectionist barriers by championing seamless flow of goods, services and investment.
Ratings agencies Fitch and Standard & Poor’s (S&P) downgraded Argentina’s sovereign debt rating, flagging higher chances of a default in the wake of a shock primary election result that plunged the country into its latest economic crisis.
Turkish industrial production fell for the tenth consecutive month in June, data showed, offering few signs of a pick-up in economic growth as domestic demand remains weak after last year’s currency crisis.
Brazil’s decision to sell dollars on the spot market for the first time in a decade is a sign the central bank (CB) is finally willing to reduce its $385 billion pile of foreign exchange (forex) reserves, analysts said.
A flurry of interest rate cuts by the US Federal Reserve and a host of other central banks marks the broadest shift in global monetary policy since the depths of the financial crisis in 2009, analysts at Fitch Ratings said in a report.