Tag Archives: trade

Port Moresby, Papua New Guinea | AFP | The leader of Papua New Guinea, host of this year’s APEC summit, Friday urged respect for international trade rules by “countries large and small” as spats between the US and China threatened to overshadow the gathering. As leaders from Asian Pacific nations …

Research suggests for Africa to avoid losses, focus should be on strengthening AfCFTA and EPAs die COMMENT | CARLOS LOPES | China’s use of trade and investment links to expand its influence in Africa is fueling growing concern in some European capitals. But, instead of complaining about China’s activities, the European …

Shanghai, China | AFP | There is a notable no-show among the dozens of national pavilions at Shanghai’s massive import fair — the United States — a metaphor for isolationist Trump policies that attendees say are pushing them closer to China. The China International Import Expo opened Monday with thousands …

Shanghai, China | AFP | Shanghai, China | AFP | The US-China trade war is the “stupidest thing in the world,” Alibaba e-commerce tycoon Jack Ma declared at an import fair that China opened Monday partly to counter foreign criticism of its trade policies. Ma, who recently took back an …

Beijing, China | AFP | Japan’s Shinzo Abe is due to arrive in China Thursday, the first visit to the Asian giant by a Japanese prime minister since relations between the two countries soured six years ago over a territorial row. Abe and Chinese president Xi Jinping are expected to …

Washington, United States | AFP | US President Donald Trump and Chinese leader Xi Jinping will “probably” meet at a G20 summit next month, a US official said Sunday, as both sides seek answers for a badly strained relationship that a Chinese official called “very confusing.” “The presidents will probably meet …

Bali, Indonesia | AFP | The US-China trade war will hobble global growth, the International Monetary Fund warned Tuesday, cutting its forecast for this year and next and predicting that “everyone is going to suffer” from a clash between the world’s two biggest economies. At a meeting on the Indonesian …

It is that free trade has enabled a few predatory multinational companies to secure monopolies COMMENT | JAYATI GHOSH | For most critics of globalisation, trade is the villain, responsible for deepening inequality and rising economic insecurity among workers. This is the logic driving support for U.S. President Donald Trump’s escalating …

Uganda plans to intensify relations in trade, tourism and investment Kampala, Uganda | JULIUS BUSINGE | Trade between Africa and India has recorded a 30% decline in volume from US$78billion in 2014 to about $55 billion in 2017 citing a tough economic environment. However, this was more than seven times higher …

Abuja, Nigerai | ISAAC KHISA | South Africa’s President, Cyril Ramaphosa, has urged Nigeria to sign the African Continental Free Trade Area (AfCFTA) to create a single continental market for goods and services in member nations, with free movement of persons and investments. Ramaphosa, who was the chief quest during …