The introduction of an additional 15% tariff on thousands of goods has ratcheted up the Trump-Xi trade war. Although fresh trade talks will resume later this month, Washington and Beijing continue the tough rhetoric. The...
The Chinese currency continues to slide as Beijing seeks to buffer against US tariffs. Global markets are rattled by an intensifying US-China trade war. China’s currency fell on Monday to an 11-year low amid concern...
International trade has been a driving force in the growth of the global GDP and the US-China trade war has been denting the global growth prospects to a certain extent. The US-China trade war has...
Amid US efforts to isolate the company, Huawei has benefited from new 5G contracts and millions of smartphone sales. But the company’s chairman made clear that it “may affect the pace of our growth in...
More than 100 firms have applied to list on the STAR market, which is expected to channel billions to the tech sector. China’s past failures at creating its own Nasdaq are prompting some investors to...
Global semiconductor sales dropped 14.6% in April from April last year, to $32.1 billion, on a three-month moving average basis, the World Semiconductor Trade Statistics (WSTS) organization reported Tuesday afternoon. The three-month moving average in...
Zambia’s economic situation is getting dire. The Zambian Kwacha has fallen six percent against the US dollar this year alone. That makes it one of the world’s worst performing currencies. Last month, rating agency Moody’s...
Google is suspending some services for Huawei smartphones after the Chinese company was placed on a US trade blacklist. The move effectively bars Huawei from making phones and tablets for sale outside China. US President...
Equities are paring some of their recent losses. The MSCI Asia Pacific Index is posting its first back-to-back gain in a month, led by a more than 1% rally in China. Heightened prospects for an...
Chinese exports to the US have been subject to the Trump tariffs since last July. According to the US President, this is wrecking the Chinese economy but does the Asian power ultimately have more stomach...
It looks so easy on paper. China can sell its holding of US Treasuries and/or weaken the yuan to offset the tariffs and boost exports. It is the first and easy answers from strategists, journalists,...
The Mediterranean country is the first in the G7 to join China’s Belt and Road Initiative. But in one small port town in Italy, Chinese investment is nothing new. DW’s Giulia Saudelli and Mu Cui...