Day: March 11, 2024
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China Signals Optimism on Rebuilding Ties with India
China is beaming friendliness to its massive neighbor across the Himalayas following recent high-level meetings between Indian and Chinese officials. The newest was a discussion between Liu Jianchao, the Minister of the International Department of the Communist Party of China’s Central Committee, and India’s ambassador to China, Pradeep ...
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The Global South is Becoming More Central to China’s Trade
While China’s trade data this month was largely gloomy, it also reflected interesting shifts. A breakdown of the data published by the Chinese publication Guancha showed that trade with key parts of the Global South is trending upwards. For example, the Association of Southeast Asian Nations is currently ...
China Will Keep Driving Global Growth: Xi
Chinese President Xi Jinping said China will keep powering global economic expansion and that the country will meet its 5% GDP growth target. The comments come a day after the CPC politburo announced the first monetary easing in fourteen years to boost ...
Asia’s Growth Faces Uncertainty Amid U.S. Policy Shifts: ADB Report
Asia's emerging economies are projected to experience the effects of U.S. President-elect Donald Trump's 2025 policies, according to a report by the Asian Development Bank (ADB) today. East Asia may face slower GDP growth due to trade ties with China, ...
Thailand Cuts Cheap Imports from China by 20%
Thailand recorded a 20% drop in low-quality imports, mostly from China, after introducing measures to curb cheap goods that were undercutting local businesses, a government spokesperson said on Monday. Government spokesperson Sasikarn Wattanachan said the reduction followed tighter regulations and ...
