In a significant development German Chancellor Olaf Scholz said, Berlin seeks closer relations with countries that shares its common democratic values in the Asia-Pacific region. Scholz is scheduled to visit Japan and will skip going to China, during his first… Read More ›
In an interview with Bild am Sonntag, Germany’s Labour Minister Hubertus Heil said, Germany’s economic growth could fall to 1.4%-1.5% in 2022, down from 2.7% from the previous year. “We will still be growing,” said Heil. “But this all subject… Read More ›
For the first time in since April 2020, China’s factory activity contracted in August despite COVID-19 containment measures, rising prices of raw material and adjustments in supply bottlenecks weighed on production output in a surprise blow to the economy. This… Read More ›
The French economy will return to pre-COVID 19 levels by the first quarter of 2022, said Finance Minister Bruno Le Maire in an interview to JDD, a weekly. A return in investments and spending is laying the groundwork for the… Read More ›
In a statement on Monday, French Finance Minister Bruno Le Maire said, the public deficit is likely to hover at 9.4% of the country’s gross domestic product; the previous estimate was 9%. In an interview with national TV channel France… Read More ›
According to a report from Japanese media house Asahi, the government is weighing its options to resume the inflow of tourists on a limited basis, from spring; the development comes in the wake of Japan preparing to host the delayed… Read More ›
On Thursday, China said it will reduce tariffs on select goods which it imports from the United States by 50% starting from 1:01 p.m. local time (0501 GMT) on February 14 and said, it hopes to work with the U.S…. Read More ›
With the China’s coronavirus showing no signs of slowing down, Beijing is preparing to take steps to adjust to a slower rate of economic growth with officials pondering whether economic growth targets for 2020 should be softened. According to sources… Read More ›
Under the recent Phase 1 U.S.-China trade deal, China has agreed to expedite by nine months a previous December 2020 deadline for removing foreign ownership caps on securities firms, which includes investment banking, underwriting and brokerage operations. The Phase 1… Read More ›
The U.S.-China trade war is likely to drag till at least the U.S. presidential election in November 2020. “I have no deadline, no,” said Trump to reporters in London, where he was due to attend a meeting of NATO leaders…. Read More ›
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