China faced a bit of a setback on the economic front in April, disappointing market expectations.
Protectionism in the form of tariffs is justified but the focus will be on whether Beijing retaliatesThe global economy is fragmenting and a new era of protectionism has dawned. Dreams by free marketeers of a frictionless world in which goods and services moved seamlessly from country to country are dead.That was the clear message from Joe Biden’s decision last week to target China with a range of new, much higher tariffs on electric vehicles and a range of other products crucial to sectors seen...
Both candidates are pledging higher tariffs to protect American industry from Chinese competition. But their approaches would have wildly different impacts — both at home and abroad.
Alicante’s mayor, Luis Barcala, has emphatically endorsed a study examining the economic implications of constructing a second runway at the Alicante-Elche Miguel Hernández Airport. The mayor stated, “We have presented a study with objective data that justifies the need for a second runway at the Alicante Elche airport.” He emphasised the urgency of executing this […]
A growing number of overseas Chinese students are running into financial difficulties due to the declining wealth of their families back home.
China's exports and imports returned to growth in April, suggesting that demand is improving despite an uneven economic recovery, according to customs data released Thursday. The report showed exports grew 1.5% in April compared to a year earlier, after falling 7.5% in March, the first contraction since November. Imports surged
In 2023 alone, Shenzhen saw a 10% growth in millionaires, while Beijing and Shanghai recorded a decline of around 5% amid an exodus of high-net-worth individuals from China.
The data shows Texas tripled the monthly job growth rate of the U.S., adding 42,600 non-farm jobs
Sarnia-area home sales experienced slow and steady growth in April, says the president of the Sarnia-Lambton Association of Realtors.
Prices of food and alcohol have driven overall inflation higher. Food
BEIJING (AP) — China is actively seeking foreign investment to boost its slowing growth, but that very sluggishness is weighing on company plans to grow their businesses in the world'
Rumors in Chinese and English aimed to downplay the significance of the US Secretary of State’s visit.