Beijing once could count on allies in business and politics to help get its way. Now many of its old allies are staying on the sidelines.
Tag: Economic Conditions and Trends
The Global Economy Was Improving. Then the Fighting Resumed.
The escalating trade war between the United States and China is threatening the global economy.
The New New World: In China, Some Fear the End of ‘Chimerica’
As the trade war with the U.S. threatens to decouple the world’s two largest economies, some in China argue that the two sides benefit from the relationship more than they admit.
The New New World: In China, Some Fear the End of ‘Chimerica’
As the trade war with the U.S. threatens to decouple the world’s two largest economies, some in China argue that the two sides benefit from the relationship more than they admit.
Modi Cut India’s Red Tape. Now He Hopes to Win Votes for His Work.
Taxes are simpler, and bureaucracy has been trimmed. Prime Minister Modi wants a second term to prove that India is open for business.
China Retaliates Against the U.S. With Its Own Higher Tariffs
Beijing’s matched the Trump administration’s de facto delay in collecting the new tariffs, giving both sides breathing room to reach a deal.
Pakistan to Accept $6 Billion Bailout From I.M.F.
Prime Minister Imran Khan had opposed any bailout before taking office, but has since reluctantly embraced the need for a rescue with Pakistan’s economy facing a crisis.
Pakistan Says Separatists Killed 5 in Attack on Luxury Hotel
An assault on a hotel frequented by guests from China, which is investing heavily in the region, was “an effort to sabotage our economic prospects,” Prime Minister Imran Khan said.
Cuba Rations Staple Foods and Soap in Face of Economic Crisis
The commerce minister blamed the Trump administration’s hardening trade embargo, but economists give equal or greater blame to a plunge in aid from Venezuela.
China, Defiant but Careful, Promises Aggressive Response to Tariffs
A longer or worsening trade war could hurt China’s already bruised factories. Still, Beijing is signaling it is ready for a fight.