The head of the International Monetary Fund said on Tuesday that fresh trade tensions between the United States and China were the main threat to the world economy.
Trade talks between the US and China broke up on Friday with no agreement, hours after President Donald Trump more than doubled tariffs on $200 billion in Chinese imports.
Indonesia will establish diplomatic relations with the Pacific states of Niue and Cook Islands while pursuing trade deals with Fiji and Papua New Guinea, Foreign Minister Retno Marsudi said on Friday,
South Korea warned Japan on Thursday that it would be forced to review security cooperation between the two key US allies if Tokyo pushes ahead with plans to remove Seoul from its “white list”
The total value of trade exchange between the UAE and Japan fell by 9.6 per cent to Dhs27.38 billion ($7.46 billion) in the first quarter of this year, down from Dhs30.28 billion ($8.25 billion) in the corresponding period last year.
Ties between the two powers are once again taking centre stage at the weekend Singapore conference known as the Shangri-La Dialogue, which gathers defence ministers and top military officials from around the world.
When US Secretary of State Mike Pompeo sits down with India’s prime minister on Wednesday he will be trying to chart a path that keeps the Asian ally onside politically even as the two countries are at loggerheads over trade.
The second China International Import Expo (CIIE), to be held on Nov.5-10, will bring thousands of foreign firms together with Chinese buyers in a bid to demonstrate the importing
Profits earned by China’s industrial firms contracted in June after a brief gain the previous month, fuelling concern that a slowdown in manufacturing from a bruising trade war will drag on economic growth.