When it comes to international trade, China hasn’t always played by the rules. So the question begs: How do you change that behaviour? Engaging in a trade war by imposing tariffs isn’t ideal.
The International Monetary Fund (IMF) has indicated that global trade expanded by merely 0.5% in the first quarter of 2019, marking the slowest year-on-year pace of growth since 2012. This certainly comes as disturbing news as there are also signals that a more significant slowdown is possible.
When designing immigration policy, developed countries such as the US should think not just about how to benefit themselves, but how to spur global development. For example, skilled immigrants and their children often invest in businesses in their ancestral countries, boosting economic growth and transferring
A German GDP contraction, weak Chinese industrial output and an inversion of the US yield curve all seem to strengthen fears of a global slowdown and the world community needs to take a serious note of it. Also highlighting the seriousness of the issue is the fact that stock markets on both sides of the Atlantic
Who said it? “A small rate cut is not enough, but we will win anyway!” The answer, technically, is President Donald Trump, who again this week fumed about the European Union and China on Twitter while lamenting that the Federal Reserve raised interest rates “way too early and way too much.” But it just as well
The slapping of new tariffs on China by US President Donald Trump has intensified the trade war between the world’s top two economies and the repercussions will surely be felt across the globe. It is unfortunate that the trade war has entered a new phase of turbulence at a time when the global growth
Shortly before igniting a new round in his trade war with China, President Donald Trump last week accused Beijing of trying to stall talks until after the 2020 election in hopes of negotiating a better deal with a Democrat in the White House. But Trump has strong incentives to drag out the fight: Behind a relatively strong
Japan’s exports slipped for a ninth straight month in August as international trade tensions ramped up risks for the world’s third-largest economy, although the decline was slightly
Global oil demand will return to pre-pandemic levels in two years and reach record heights by 2026 unless governments take swift action to meet climate goals, the International Energy Agency said on Wednesday. Oil markets and the world economy
China is set to unveil a new five-year plan and other socioeconomic targets for 2021 when its annual meeting of parliament, the National People’s Congress, begins on Friday. China expected to propose a hike in the military budget as tensions mount.