China’s US surplus jumps as trade with world picks up

China’s trade surplus with the United States expanded last year, raising the possibility of fresh blowback from President Donald Trump who has often bashed Beijing over the issue and fanned fears of a trade war. The increase came despite a tumble in China’s global surplus as domestic demand spurred a rally in imports. The figures on… Please follow and like us:

Read More

FRANCE – CHINA – Open markets, Macron tells China, or risk protectionist backlash

French President Emmanuel Macron focused on trade imbalances on the second day of his state visit to China, offering to open up France to Chinese investment in exchange for greater access to Chinese markets for French companies. Speaking to members of the French and Chinese business community at a start-up incubator, called Soho3Q, in Beijing, Macron… Please follow and like us:

Read More

China-Germany economic cooperation on fast track

BEIJING — Leading economies and advocates of free trade, China and Germany are seeking to forge closer ties in trade and investment to help global economic recovery and encourage globalization. President Xi Jinping arrived in Berlin Tuesday for his second state visit to the country, and is scheduled to meet German leaders and sign a series… Please follow and like us:

Read More

Trump wants bilateral trade deals but individual nations can’t do it or are reluctant

WASHINGTON �� In his first swing through Europe as president, Donald Trump left little doubt that he would pursue his “America first” policy in economic relations, creating a stir by denouncing Germany’s trade surplus with the U.S. and promising to end it. “The Germans are bad, very bad,” Trump was quoted as saying during a meeting… Please follow and like us:

Read More

Eurozone Bounces Back as Growth Beats US, Britain – But Is It Sustainable?

After years of stagnation and high unemployment, the eurozone countries appear to be bouncing back with growth in the shared currency bloc, soaring higher than in the United States and Britain. The eurozone grew at an annual rate of 1.7 percent during the first three months of 2017, while the bloc’s trade surplus doubled in March… Please follow and like us:

Read More