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Global trade

Exports between US and China could see sharp declines from AI-powered cyberattacks: study

by Walter Watson
Exports between US and China could see sharp declines from AI-powered cyberattacks: study

“In contrast, the US benefits from more diversified export markets, which helps cushion the blow from such attacks.” The findings suggest some Chinese exports find their way to the US …

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African countries could unlock billions in local and global trade – what’s working and what’s not

by Walter Watson
African countries could unlock billions in local and global trade – what’s working and what’s not

Africa’s share of global trade remains disproportionately small, hovering around 2%-3%. Countries on the continent trade more with the rest of the world than they do among themselves. Africa needs …

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Shangri-La Dialogue: Singapore’s defence minister says strengthened resolve prevents conflict in Asia

by Walter Watson
Shangri-La Dialogue: Singapore’s defence minister says strengthened resolve prevents conflict in Asia

“That’s been a recurring theme. From their point of view, we’re learning important lessons vicariously and at a low cost because we are seeing that. “I would say that there’s …

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The U.S. is now Germany’s biggest trading partner ahead of China

by Walter Watson
The U.S. is now Germany’s biggest trading partner ahead of China

The flags of the U.S. and Germany are on the table at a bilateral meeting between German Economics Minister Habeck and U.S. Secretary of State Blinken at a hotel on …

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Cognac makers rally on hints easing of EU-China spat

by Walter Watson
Cognac makers rally on hints easing of EU-China spat

French President Emmanuel Macron (R) shakes hands with Chinese President Xi Jinping after delivering a joint statement at the Elysee Palace, as part of the Chinese president’s two-day state visit …

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China’s Xi backs Macron call for global Olympic truce

by Walter Watson
China’s Xi backs Macron call for global Olympic truce

Emmanuel Macron, France’s president, right, greets Xi Jinping, China’s president, ahead of the state dinner marking the visit at the Elysee Palace in Paris, France, on Monday, May 6, 2024. …

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China’s steel industry risks ‘falling off a cliff’ as overcapacity concerns point to end of an era

by Walter Watson
China’s steel industry risks ‘falling off a cliff’ as overcapacity concerns point to end of an era

Prices have plunged steeply since 2021, and some steelmakers have called for output curbs, citing mounting losses and cash flow risks from overcapacity. In the future, it will be driven …

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German car makers ‘do not have to fear Chinese competition’: Lindner

by Walter Watson
German car makers ‘do not have to fear Chinese competition’: Lindner

Christian Lindner (FDP), Federal Minister of Finance, is on his way to a bilateral meeting with US Treasury Secretary Yellen at the headquarters of the World Bank. Bernd von Jutrczenka …

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Australia joins global subsidy race with ‘Future Made in Australia’ plan

by Walter Watson
Australia joins global subsidy race with ‘Future Made in Australia’ plan

Australia will launch subsidies and incentives modelled on similar efforts in the United States and Europe to help the giant commodity exporter bolster domestic manufacturing and promote industries it sees …

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Biden and Japan’s Kishida forge new partnership, eyeing China and Russia

by Walter Watson
Biden and Japan’s Kishida forge new partnership, eyeing China and Russia

U.S. President Joe Biden and Japanese Prime Minister Fumio Kishida on Wednesday unveiled plans for military cooperation and projects ranging from missiles to moon landings, strengthening their alliance with an …

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