Category: Economy

China confirmed President Xi Jinping will attend today’s BRICS leaders’ online summit, hosted by Brazil, and deliver a speech. The meeting reportedly will focus on U.S. tariff actions and the future of multilateral trade rules. Russia’s Vladimir Putin will ...

China's exports expanded 4.4 percent year-on-year in August, official data showed Monday, as the world's second-largest economy navigated an uneasy trade war truce with the United States. The increase in China's overseas shipments last month fell below a Bloomberg forecast of ...

China’s first overseas high-speed rail in Indonesia, the Whoosh bullet train, is carrying a steady flow of foreign passengers, and Malaysians continue to account for the largest share, the operator said. In less than two years since its inauguration in ...

Malaysia’s Proton launched its first electric vehicle assembly plant on Thursday with backing from China’s Zhejiang Geely Holding Group. The country aims to position itself as a regional hub for EV production. The facility is located in the Automotive High-Tech ...

In August, President Trump hosted a marathon of meetings aimed at delivering on a Ukraine-Russia peace deal. Previously, the Trump Administration hinted at reducing or lifting sanctions on Moscow as part of a final deal. A Ukraine peace deal that rolls back sanctions on Russia may undercut ...

China has tightened its hold on Indonesia’s economy, emerging as the largest buyer of non-oil exports (22.64%) and the largest source of non-oil imports (40.35%) of Indonesia's trade from January to July 2025. China is Indonesia’s top buyer of non-oil ...

In his first visit to China in five years, Turkish President Recep Tayyip Erdogan proposed that Ankara's Middle Corridor trade route more closely align with the Belt and Road Initiative (BRI). The Middle Corridor is a Turkish-backed multi-modal trade route that ...

There's been a lot of speculation as to why, after 4-5 years of bitter feuding, China and India are now deciding that the time is right to reconcile. The narrative in the U.S. and Europe focuses on the role of Donald Trump and his torpedoing of the ...

The flow of Chinese goods to African countries has increased markedly as trade barriers rise elsewhere. Exports are reportedly up 25% year-on-year to $122 billion, more than the whole of 2020, and total exports to the continent are expected to pass the $200 billion mark this ...

China is redirecting billions of dollars’ worth of exports into Thailand as new U.S. tariffs make access to the American market more difficult, raising concerns about widening trade deficits and the future of Thai industries. Thailand could face the highest ...

Kenya’s Treasury Secretary John Mbadi said his government is in talks with Chinese counterparts to convert the denomination of its debt to China from U.S. dollars to Chinese renminbi. “The moment we move from the U.S. dollar to the renminbi, automatically, ...

The electric vehicle (EV) sector in many African countries faces critical challenges, slowing down the adoption of electric mobility. Some of these challenges are intra-African trade barriers, which make it hard to do cross-border trade. ...