The European Union Chamber of Commerce in China issued a new “Position Paper” demanding the same trade concessions the United States has sought in the Sino-U.S. trade war. EU Chamber of Commerce President Jörg Wuttke […]
News Analysis WASHINGTON—Globalization, the most powerful economic force to have shaped the world over the past two decades, is now giving way to a new world order. Souring sentiment against globalization, particularly in developed countries, […]
India’s efforts to ward off Chinese influence in its backyard got a major boost with the signing of seven deals with Bangladesh, its Southern Asian neighbor, on Oct. 5. The signings followed a visit by Bangladeshi […]
In recent weeks, the founders of China’s biggest tech companies announced their resignations one after the other. Then, the government of Hangzhou City—one of China’s key manufacturing bases and an emerging tech hub—announced on Sept. […]
The back-and-forth tussle between the United States and China in the Sino–U.S. trade war has taken a new turn, with Beijing’s sudden offensive aimed at the American economy and causing a political fiasco for Trump […]
News Analysis Drone attacks on Saudi Arabia’s oil facilities are costing China another $97 million a day as the largest customer of Saudi Arabia, and the world’s biggest crude oil importer. The Sept. 14 attack by ten armed […]
A U.S. State Department official called out Chinese tech firms such as Alibaba, Baidu, and Tencent as Huawei “siblings” for their role in facilitating China’s pervasive state surveillance and global agenda. “Chinese technology giants have become deeply enmeshed in Beijing’s […]
News Analysis Global transactions slowed in the first half of 2019 led by China, which saw mergers and acquisitions (M&A) plunge to a 5-year low as U.S.-China trade war pain set in. Chinese leader Xi […]
The International Monetary Fund reported that China is suffering its first series of annual current account deficits in 25 years because its savings rate is shrinking fast. The IMF’s mission since its 1945 founding has […]
News Analysis China’s factory production activity fell in August for the fourth consecutive month as the world’s second-largest economy continues to suffer from slowing economic growth. August’s purchasing managers index (PMI) fell to a reading […]
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