In a bid to allay growing concerns over cheap exports undercutting domestic producers, China’s ambassador to India, Xu Feihong, has emphatically assured New Delhi that Beijing will not resort to market dumping as a tactic of its ongoing trade dispute… Read More ›
Geopolitics
European Union Left Reeling After Trump’s Tumultuous First 100 Days
As U.S. President Donald Trump marks the centenary of his second term in office, European Union leaders find themselves grappling with a cascade of unpredictable policies that have upended transatlantic trade relations, shaken security alliances and injected fresh uncertainty into… Read More ›
China’s Trade Tsar He Lifeng Takes Center Stage Prompted by Trump Tariffs
China’s Vice Premier He Lifeng has emerged as a central figure in navigating the fallout from former President Donald Trump’s sweeping tariff edicts, which have levied duties of up to 145 percent on many Chinese exports. In recent months, global… Read More ›
IMF-World Bank Spring Meetings End with Little Tariff Clarity
A week of high-level discussions in Washington wrapped up without concrete answers on the future of U.S. tariffs, leaving finance ministers and central bankers uncertain about how—and when—trade tensions might ease. Delegations failed to secure firm commitments from U.S. Treasury,… Read More ›
Emerging Markets Grapple with Debt Crisis as World Bank Chief Economist Calls for Trade Liberalization
Emerging economies are facing a deepening debt crisis exacerbated by persistent global policy uncertainty and rising interest rates, World Bank Chief Economist Indermit Gill warned this week. In remarks delivered on the sidelines of the IMF–World Bank spring meetings in… Read More ›
Fed Survey Finds Global Trade Fight and Policy Uncertainty as Leading Threats to Financial Stability
A recent semiannual survey conducted by the Federal Reserve revealed that escalating international trade tensions and broad policy uncertainty now rank as the foremost risks to the stability of the U.S. financial system, displacing longer-standing concerns such as debt sustainability… Read More ›
BYD’s Profit Surge Outpaces Tesla, NIO, Li Auto and XPeng as It Sets New Industry Benchmark
BYD posted a net profit of RMB 9.16 billion in the first quarter of 2025, a year-on-year increase of 100.4 percent, marking its fastest profit growth in nearly two years. Revenue climbed 36.35 percent to RMB 170.36 billion, driven by… Read More ›
Trump’s Trade War: Initial Blow and Rapid Backtrack Shake Global Commerce
South Korea’s GDP contraction underscored by U.S. tariffs has drawn fresh attention after President Trump both launched his toughest trade measures yet and quickly signaled they would be pared back. Businesses, markets and international partners are left weighing the implications… Read More ›
Mercedes-Benz CEO Urges EU to Find Equitable Solution to China-Made EV Tariff Dispute
Mercedes-Benz CEO Ola Källenius has called on the European Union to seek a fair and balanced resolution to the ongoing tariff dispute with China over electric vehicles (EVs). Speaking at the Shanghai Auto Show, Källenius emphasized the importance of avoiding… Read More ›
Huawei’s Ascend 910C Pushes Forward as China Seeks Independence from U.S. Tech
Huawei is moving swiftly to bring its latest AI chip, the Ascend 910C, into mass production, with shipments to Chinese clients expected to begin as early as next month. This signals a pivotal shift in the Chinese tech landscape as… Read More ›