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Mexico Approves Measure Raising Tariffs on Chinese Imports

Mexican lawmakers on Wednesday backed a measure to raise tariffs on goods from China and other countries that do not have trade agreements with Mexico, despite strong pushback from Beijing. The move, spearheaded by President Claudia Sheinbaum and approved by the ...

India Launches $815 Million Plan to Cut Reliance on China for Rare Earth Magnets

India has approved a more than $800 million plan to boost production of rare earth magnets in an effort to secure supplies and cut its dependence on imports from countries like China. Rare earth permanent magnets (REPMs), some of the strongest ...

EU Says Must ‘Step up’ Against China Rare Earths ‘Racket’

The European Union must ramp up efforts to break its dependence on China for rare earths faced with export curbs that amount to a "racket" by Beijing, the bloc's industry chief Stephane Sejourne said Tuesday. China, the world's top producer of ...

EU, China to Hold ‘Urgent’ Talks on Rare Earth Curbs

EU and Chinese officials have agreed to meet in Brussels for "urgent" talks on China's export controls on rare earths, EU trade chief Maros Sefcovic said after speaking to his Chinese counterpart Tuesday. The world's leading producer of the minerals used ...

China’s Manufacturing Dominance Leave Developing Nations With Fewer Paths to Grow

Senior members of the Chinese Communist Party (CPC) are gathering this week in Beijing for their annual plenum where they are going to put the finishing touches on the country's next year five year plan (FYP). This will be the 15th ...

Analysis from Cobus van Staden

The G20 Summit and the Half-Life of a Joke

When it was announced in 2023 that the African Union would become a full member of the G20, I darkly joked on a podcast that the AU’s entry into the body could very well mark the moment the G20 lost its status as one of the most important global coordination forums. Mark my words, I said, soon The Economist will be like “Uhhh, the G20 is OVER – it’s the ...

As Chinese Imports Flood In, Ethiopia’s Weavers Fight for Survival

By Dylan Gamba Behind the looms of a workshop in the heart of Addis Ababa, dozens of weavers deftly repeat the same motions to craft traditional dresses -- a centuries-old skill now threatened by Ethiopia's economic hardships.

Trump Says U.S. ‘Wants to Help China, Not Hurt It’

President Donald Trump said Sunday the United States wants to help China, not hurt it, striking a conciliatory tone days after threatening an additional 100 percent tariff on the world's second-largest economy. Trump's statements on Friday as well as his threat ...

Chinese FDI in Vietnam Rises as Payouts Hit 5-Year High

Chinese FDI in Vietnam ranked as the second source of newly licensed foreign projects in Vietnam in the first nine months of 2025, according to Vietnam’s National Statistics Office (NSO). The country reported $18.8 billion in realized foreign direct investment ...

Vietnam’s Growth Surges. But Is It Still a Bargain for Global Manufacturing?

Chinese companies are pouring into Vietnam, but rising costs and fragile foundations raise questions about how long the boom can last. Vietnam’s GDP grew 7.52% in the first half of 2025, recording its fastest first-half growth in 15 years. A record ...

China Manufacturing Shrinks in June Despite Trade War Respite

China's manufacturing activity ticked up in June but remained in contraction territory, official data showed on Monday, as the truce in its trade war with the United States held. The Purchasing Managers' Index -- a key measure of industrial output -- ...

China Factory Activity Hits Lowest Since 2022, Survey Shows

Chinese factory activity hit a more than two-year low in May, a closely watched survey showed Tuesday, as a detente in Beijing's trade war with Washington was offset by ongoing domestic problems in the world's number two economy. China and the ...

BYD’s Brazil Scandal Sparks Rare Self-Reflection in China

When news broke that Chinese automaker BYD was being sued in Brazil for labor violations involving over 220 Chinese workers, the reaction on Chinese social media was swift and defensive. Conspiracy theories surged—some claimed Brazilian workers were jealous, others blamed foreign interference, and a few pointed ...
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