Two of the world’s biggest trading nations saw both exports and imports cooling lately. While Chinese trade growth in July slowed significantly compared with June, German exporters even suffered a surprise decline. According to fresh...
India’s nuclear policy is now believed to be placing a greater emphasis on China instead of focusing on archrival Pakistan. But this is not to be mistaken as a shift in the nation’s nuclear doctrine,...
Chinese Premier Li Keqiang has hailed the benefits of globalization, stressing that free trade is a “precondition of fair trade.” Li also said China can control growing financial risks and hit this year’s growth targets....
Has India’s economic development led to convergence or divergence? One answer can be obtained from inequality. The Gini coefficient of per capita expenditure was 0.35 in 1951 and 0.34 in 2010 – hardly any change...
Apple will invest in and promote “advanced manufacturing” in the US, CEO Tim Cook told CNBC’s Jim Cramer on Wednesday after the somewhat uninspiring earnings report. It was one of the ways Apple would create...
Fossil fuel firms fearing that America will lose influence in shaping the global climate regime are urging Trump to keep a seat at the table. Climate activists can’t agree on whether it’s better to have...
China already holds the two fastest supercomputers. Now it hopes to knock the USA off the third spot with the first ever exascale machine. Tianhe-3 will handle one quintillion calculations per second. Fast isn’t the...
A study commissioned by Greenpeace has found out that China massively expanded its steelmaking capacities last year, despite pledging to cut output amid a steel glut that has led to a global crisis in the...
Investors are anxiously awaiting more details on the new US Administration’s economic policies and priorities. Part of the challenge is that the cabinet represents a wide range of views and it is not clear where...
Fulfilling his campaign promise, President Trump has pulled the US out of the ambitious free trade deal negotiated by his predecessor Obama. Analysts view China as the prime beneficiary of the US’ abandonment of TPP....
Challenging the World Bank and the IMF as a response to their failed reforms or complementing the existing market players with efficiency and not a competition, the New Development Bank focuses beyond those things and...
China’s producer prices – which measure what is sometimes called “inflation at the factory” – soared 5.5% in December, from a year ago. This was far hotter than economists had expected, though they’d expected a...