TRADE WARS - AFRICA DAILY

A more prosperous global future is possible

Sep 07, 2018 (SPX)

"The expected global effects of climate change on our oceans are broadly negative," said Steve Gaines, the study's lead author and dean of UC Santa Barbara's Br...

Canada upbeat on trade deal progress, China tariffs loom

Sep 07, 2018 (AFP)

Discussions with Canada -- the largest US trading partner -- seem to be on track to agree on a rewrite of the 25-year-old North American Free Trade Agreement. W...

Deutsche Bank shares drop on reports of Chinese sell-off

Sep 07, 2018 (AFP)

The bank's stock was trading down 2.25 percent at 9.54 euros ($11.07) by 2:30 pm (1230 GMT), underperforming the DAX index of blue-chip German shares. Citing pe...

US trade policy at a crossroads with Canada, China

Sep 06, 2018 (AFP)

With Canada, the largest US trading partner, talks seem to be on track to agree on a rewrite of the North American Free Trade Agreement. But there have been no ...

China's Zijin to buy Canadian miner Nevsun for $1.41 bn

Sep 05, 2018 (AFP)

Zijin offered shareholders C$6.00 ($4.5) per share in the all-cash deal that comes after Nevsun rejected several bids from Canadian rival Lundin Mining. "Zijin ...

China's 'Silk Road' project runs into debt jam

Sep 02, 2018 (AFP)

First announced in 2013 by President Xi Jinping, the initiative also known as the "new Silk Road" envisions the construction of railways, roads and ports across...

Deal on China-backed mega free trade pact likely in November: Singapore

Sep 01, 2018 (AFP)

The 16-nation Regional Comprehensive Economic Partnership (RCEP), which will cover about half the world's population and a third of its GDP, has taken centre st...

China manufacturing activity strengthens in August

Aug 31, 2018 (AFP)

The Purchasing Managers' Index (PMI), a key gauge of factory conditions, came in at 51.3 for the month, up from 51.2 in July, the National Bureau of Statistics ...

Trump says EU bid to end auto tariffs 'not good enough'

Aug 30, 2018 (AFP)

Just hours earlier, the EU Trade Commissioner Cecilia Malmstroem had said the bloc was "willing to bring down... our car tariffs to zero" provided that the Unit...

Chinese banks post solid profits but US trade war a risk

Aug 30, 2018 (AFP)

Net profit for Industrial & Commercial Bank of China climbed almost five percent to 160.4 billion yuan ($23.5 billion) between January and June compared to the ...

China-backed trade pact talks at 'critical stage': Singapore PM

Aug 29, 2018 (AFP)

The 16-nation Regional Comprehensive Economic Partnership (RCEP), which will be the world's biggest free-trade accord if it is agreed, has taken centre stage as...

Rights groups urge Google not to bend to China censors

Aug 28, 2018 (AFP)

A reported Dragonfly project, which Google has not publicly confirmed, "would represent an alarming capitulation by Google on human rights," argued a letter sig...

Foreigners barred from buying in planned Malaysian city

Aug 27, 2018 (AFP)

Forest City, an "eco-city" of high rises and waterfront villas, will sit on four man-made islands in Malaysia's southern state of Johor, just an hour from Singa...

Kazakh port in decline bids for slice of China trade

Aug 26, 2018 (AFP)

But the sleepy port, which has been badly hit in recent years by new oil routes, is vying for a slice of the pie as competition for Chinese trade warms up on th...

Trump's trade pledges have backfired, energy trade group says

Aug 24, 2018 (UPI)

On the campaign trail, Trump promised to "use every tool under American and international law to end these (trade) abuses." Nearly two years into his term, he's...

US-Mexico trade talks progressing but no breakthrough with China

Aug 24, 2018 (AFP)

The North American Free Trade Agreement and China have been two key targets of Trump's aggressive trade strategy and he has largely brushed off concerns from th...

Amid China talks, Trump touts new investment security powers

Aug 23, 2018 (AFP)

Trump's remarks on the legislation, which was enacted earlier this month and does not target specific countries, coincided with a visit by trade negotiators fro...

US, China swap tariffs on billions in goods as sides hold talks

Aug 23, 2018 (AFP)

The latest action completes the first round of $50 billion in Chinese products that President Donald Trump targeted with Beijing striking back at American produ...

Domestic pressure mounts on U.S. trade policy

Aug 22, 2018 (UPI)

From steel bins, signage, grills and store fixtures, a coalition of companies in Tennessee tied to the steel industry said U.S. President Donald Trump's decisio...

US, China talks raise optimism on eve of new trade tariffs

Aug 22, 2018 (AFP)

These are the first formal discussions with China since June on the spiraling and multifaceted trade war between the world's two largest economies. Meanwhile, U...